Please note that the Premium Saver (6) has now been withdrawn from sale. If you have opened an account, you may add funds until 3pm, 16 August 2022, after this no additions will be allowed. Find out more.
Rate changes following Bank of England decision to raise its Bank Rate to 1.75% on 4 August 2022.
Savings: Rate increases for Windfall Bond and Tracker Savings Bond apply from 1 September. (Updated 04/08/22)
Mortgages: Tracker mortgages will change on 25 September and we will write to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage. (Updated 04/08/22)
We've now withdrawn our Premium Saver (6) from sale. If you've already set up and fully funded your account, then you don't have to take any further action. If not, please read the following information.
There's still time to set up and fund your account
If you have not yet completed your ID checks or you have not yet fully funded your account, you have until 3pm on Tuesday 16 August to do this. Additions to your account can be made* by debit card (using our online service), by faster payment, or by transfer from another account held with us. If sending funds by faster payment, please don't forget to quote your new Premium Saver (6) account number as the payment reference to avoid any delays.
After the Tuesday 16 August, you won't be able to make any further additions into your account and any withdrawn money cannot be replaced.
*Please note that you will need to have passed our identification checks before we can credit money to your account. If we have asked you for any documents to continue with your application, we will need these sent first before any money can be accepted.
How to transfer money from your bank account
To send money directly from your bank or building society account, the banking details you will need for us are:
Payee: Family Building Society
Payee’s bank sort code: 40-02-50
Payee’s bank account number: 21397400
Payee’s reference: Your 10 digit Premium Saver (6) account number
Account type: Business
Please note: You must set up our account as a business account. This has no impact on your account with us.
Automated email reminder
If you opened your account on or after Wednesday 3 August, you may receive an automated reminder email from us stating you have 5 days left to fund your account. Similarly, if you have received a letter from us requesting further identification documents, please disregard the dates communicated on these, as the Funding Cut-Off date is Tuesday 16 August, so all funds and documents need to be received by this date.
If you decide not to open our Premium Saver (6), we have a wide range of other savings accounts that you might find of interest. You can see more details of all our accounts here.
If you have any questions, please do not hesitate to contact us - we're here to help.