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Reduces to 1.50% from your 3rd withdrawal.
Grow your savings with unlimited deposits and make up to 2 withdrawals every 12 months without impacting your interest rate. Start saving from £1,000 - £500,000.
Please read the account summary and terms & conditions before applying.
If you're already an online Paragon customer, you can simply log in to apply for this account.
If you are applying for this account as a power of attorney, you will need to call our customer services team on 0800 052 2222 to complete your application.
For further information about power of attorney please visit our frequently asked questions.
Make your deposit by electronic bank transfer, cheque, from an existing Paragon account. You can make unlimited deposits just stay within the minimum and maximum balance of your account. Make up to 2 withdrawals every 12 months without impacting your interest rate, after your 3rd withdrawal in 12 months your interest rate decreases until the anniversary of your opening deposit.
To help keep your savings safe, your Paragon accounts must be linked to a nominated bank account. This account must be a UK current account in your name, and we will only accept money from and send your savings to your nominated bank account.
You can close your account by withdrawing all your savings, or it will be closed if it falls below the minimum required balance.
Head officeParagon51 Homer RoadSolihullWest MidlandsB91 3QJ
Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551