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  • We're delighted to have won Best First Time Buyer Mortgage Provider in the Personal Finance Awards 2021/2022. Thank you for voting for us!
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Offset Saver (1)

The Offset Saver is linked to our Offset mortgage and reduces the amount of the linked Offset mortgage on which interest is charged.

Your savings are protected.

FSCS - Your savings are protected
Annual interest (AER gross) Account rate type Minimum opening amount Additional information Monthly interest option? Withdrawal limits Available to new customers?
0%
  • Mortgage linked
£100
  • No interest is paid on this account
  • The Offset Saver can only be opened by the borrower(s) under an Offset Mortgage or their family member
  • The account can only be applied for and operated online
No Available without notice or access charge, min withdrawal £100 No

Key features

View summary box
  • Reduces the amount of the linked Offset Mortgage on which interest is charged by an amount equal to the amount in the Offset Saver
  • Account opened and operated via our Online Service
  • Save from £100 up to £2 million (up to the maximum amount of your mortgage balance)
  • Minimum withdrawal £100
  • Maximum withdrawal £25,000 per day per account
  • No interest will be earned
  • Add to your savings by debit card, by transfer from your bank account or by transfer from another account with us
  • Easy access to your savings without an access charge
  • Withdrawals will be paid by transfer to your bank account or by transfer to another account with us
  • View balance and transaction history online

The information provided below is a summary of the key features of the account and is not intended to be a substitute for reading the Product Features leaflet and the General Conditions for our Savings Account booklet.

Offset mortgage enquiry Account info downloads Request a callback Offset mortgage calculator Affordability calculator

Account summary box

Account name

Offset Saver (1)

What is the interest rate?

Interest will not be paid on the account but the amount on which the interest is charged to the borrower(s) under the linked Offset Mortgage will be reduced by an amount equivalent to the balance held in the Offset Saver account.

Can the Family Building Society change the interest rate?

No interest is paid on this account.

What would the estimated balance be?

Opening balance Projected balance (Gross)
£1,000 £1,000.00
  • No interest is paid on this account
  • Projected balance is at the end of 12 months
  • All projections are provided for illustrative purposes only and do not take into account individual circumstances

How do I open and manage my account?

  • The Offset Saver can only be opened by the borrower(s) under an Offset Mortgage or their family member
  • The account can only be applied for and operated online

Can I withdraw money?

  • Withdrawals are available without notice or access charge and will be paid by transfer to your bank account or by transfer to another account with us
  • Minimum withdrawal is £100

Please see the 'Taking money out' section of the Product Features leaflet for full information.

How can I make deposits?

  • A minimum of £100 must be deposited
  • Additions are allowed but not required on a regular basis
  • A maximum of £2,000,000 can be held in the account
  • Instructions for the account can only be made via the Online Service

Additional information

This account is only available in conjunction with a mortgage.

Over 125 years looking after people's money

For a long time we've been trusted to help people save for homes, holidays & more with a more small scale, personal approach as shown in our awards.


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More about who we areView our awards

Call our expert UK team

New enquiries

Savings - 03330 140141

Mortgages - 03330 140140

Existing customers

Savings - 03330 140144

Mortgages - 03330 140146

...or ask the way that suits you.

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Ashley Square, Epsom, Surrey, KT18 5DD.

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