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Limited access savings.

Restricted savings

Limited access savings are for when you don’t need your funds constantly within reach.

Tax free savings

Find a limited access savings account that suits you.

FAQs

How a limited access savings account works.

A limited access savings account means there will be restrictions imposed on how or when you can withdraw your money. For example, you may be limited to a set number of withdrawals per year and/or you may need to give a set number of days’ notice before you can make your withdrawal. Because this may vary you will need to check the individual product terms and conditions.

Yes, you can, although restrictions will apply. To check the access restrictions which will be in place you will need to check the individual product terms and conditions.

If you need to give notice to access your funds you will need to contact your local branch in order to do this.

To view the maximum balance for a limited access savings account you will need to check your individual product terms and conditions.

To check if you can make additional investments, and the permitted maximum balance, you will need to check your individual product terms and conditions.

If you are looking for tax free savings we may offer a limited access Cash ISA, which will enable you to invest the maximum annual tax free allowance set by the government. To find details of our currently available accounts visit our savings account finder.

Generally yes, unless you are opening a Cash ISA account. However there may be limits on how many of one account type you can open, so make sure you check the individual product terms and conditions.

Yes, you can open your account in joint names unless you are opening a Cash ISA account.

Our limited access savings accounts are available for existing members or new applicants resident in our local postcode areas IP, NR, CO, CM, CB and PE. Applicants must be aged 7+ to open a fixed rate savings account, or 16+ if opening a fixed rate Cash ISA.

Get started

How to open your limited access savings account.

If you’re ready to open your savings account by post you’ll need to do the following:

  1. Download, read and accept the terms and conditions, using our savings account finder.
  2. Be an existing member or a new applicant resident in our local postcode areas IP, NR, CO, CM, CB and PE
  3. Read and retain the Financial Services Compensation Scheme (FSCS) information sheet

We will require proof of your identity  to open a new account if you are a new customer. For existing members we may request identification, for example if your records with us are incomplete.

Completed application forms should be posted to Suffolk Building Society, Freehold House, 6-8 The Havens, Ransomes Europark, Ipswich, Suffolk IP3 9SJ.

We’re here to help

Ready to talk?

Our door is open and it’s got real people behind it. If you want to talk to us, we’d love to hear from you, whether you choose to visit your local branch in person, drop us an email or give us a call.

Prefer to talk?
Call 0330 123 0723

Or find your local branch
View all branches

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