Open a savings account.

Welcome

Saving for today. Ready for tomorrow.

savings

What you need to know.

Our savings accounts can be opened in branch, by post, email or online, depending on the account you choose. Please check the account details to see which options are available.

If you’re a new customer, we’ll need proof of your identity when you open an account. If you’re already a member, we may also need to ask for identification if, for example, we don’t have all the information we need on our records.

Want to talk it through? Book an appointment to find the right savings account for you.

savings

Open your savings account.

If you’d like to open a savings account in branch, you can: 

  • Pop into one of our 10 branches across Suffolk. 
  • Book a face-to-face appointment with one of our friendly branch team members using our online booking system. 

To open a savings account by post or email: 

  1. Download, read and accept the product terms and conditions. 
  2. Read and keep the Financial Services Compensation Scheme (FSCS) information sheet.
  3. Read and keep our Privacy Notice. 
  4. Download the application form, type or handwrite in the boxes. You can then either save it and email it to us at [email protected], or print it out and post it to us.  

If you’re posting your application, please send your completed form and copies of your identification to: 

FREEPOST SUFFOLK BUILDING SOCIETY 

Some of our savings accounts can be opened online through our online service. 

If you’d like to manage your savings online, you can explore our available online savings accounts 

Resources

Useful downloads.

Rules and Memorandum

Download

Proof of your identity

Download

General Investment Terms & Conditions

Download

Standing order form

Download

FSCS Information Sheet

Download

Your Rights as a Member of a Building Society

Download

FAQs

Got questions?
We’re here to help.

Not always, but it’s useful if you can. This guarantees we’ll be able to assist you when you visit us. If you don’t have an appointment we will do our best to help there and then, if we can.

We can answer questions you may have and show you our range of accounts which may be suitable for your needs, but please be aware we cannot offer specific investment advice. Use our savings account finder to search our savings accounts and interest rates online.

Yes, our children’s savings accounts can be opened on behalf of a child and, in some cases, grandchild. Use our savings account finder to identify a suitable account and then check the individual account terms and conditions for full information.

If you have a Power of Attorney you may be able to open a savings account on behalf of another person, as long as there are no limitations in place which would prevent this.

We will need to see the original Power of Attorney document, Solicitor certified copy, or you can provide your access code from the Office of the Public Guardian. Please get in touch so we can explain the process in detail.

Many of our savings accounts can be opened in joint names. This excludes any tax free ISA accounts. Use our savings account finder to identify a suitable account and then check the individual account terms and conditions for full information.

There are generally no fees applied in the general operation of your savings account. For additional services or requests we may apply a fee in line with our Tariff of Charges.

Our accounts are passbook based and do not offer any debit card or cheque book facilities.

If you’ve opened a new account with us online and attempt to make your first deposit, you might see a message which says your bank doesn’t recognise our bank details. This is because Confirmation of Payee (CoP) isn’t possible within the first two days of opening an account. You can still make your minimum deposit during this time, but it’s important to check the details carefully to make sure they’re correct. Full details on Confirmation of Payee (CoP) can be found here.

Existing savers

Managing your existing savings account.

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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