Saver Plus
Maximise your savings with 4% interest 
(variable*)
Looking for a rewarding way to save regularly? Our Saver Plus account offers 4% AER (variable) on monthly deposits up to £250 until 30 September 2026*. It’s a simple, smart way to make your money work harder.
Existing members can apply for Saver Plus via the app or online portal.
*Terms & conditions apply. See below for more details and how to apply.
Benefits of this Savings Account
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Great interest rateEarn 4% AER interest (variable) on your savings for maximum growth over the account period.
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Safe & secure savingsFunds held in all your credit union accounts combined are protected under the Financial Services Compensation Scheme up to £85,000.
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Build a savings habitCreate a strong foundation for your financial future as your savings grow.
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Simple to apply and manageTo keep your savings on track.
Saver Plus Summary
Interest Rate |
Where you do not withdraw funds during the account period the interest rate is currently 4% AER. If we vary the rate, we will give you 30 days’ notice and the option to withdraw with no penalty. Where one or more withdrawals are made during the account period you will receive: The standard membership dividend, declared in January 2027. |
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Account Period |
1 October 2025 – 30 September 2026. |
How it works |
You can pay in up to a maximum of £250/month during the account period. As a condition of membership of The Money Co-op, you must still save a minimum of £10 per month into your Regular Savings Account, (Separate to your Saver Plus Account). |
Why choose The Money Co-op?
At The Money Co-op, we believe in ethical, people-first financial solutions.
With us, you’re not just a saver; you’re a member of a community that supports you every step of the way.
FAQs
To open a Saver Plus Account you must be a member of The Money Co-op and accept our Membership Terms & Conditions
Once a member you can open a Saver Plus account when logged into your online account.
Not yet a member? Join here now
Where you do not withdraw funds during the account period the interest rate is currently 4% AER. If you choose to withdraw, your account will be converted into a Special Shares account and balances will only be eligible to receive the standard membership dividend, declared in January 2027.
Yes, we may change the interest rate. However, if we do change the rate, we will give you 30 days’ notice. And you will be able to exit the product early without the interest penalty.
If you wish to make any changes to the amount you save each month, simply get in touch to let us know, via secure messages in your online member account. Please note, you must save a minimum of £10/month into your regular shares (savings) in addition to anything you wish to save in Saver Plus.
As well as your regular savings amount, you can always add to your savings account with extra one-off payments made to our bank account. Simply contact us and ask for the bank account details to make your payment.
How to apply
It’s easy to set up a Saver Plus account.
New to The Money Co-op? Simply join online first to get started, then apply via the online portal or app, as per below.
Already a member? Login to your online account via the app or online portal and apply directly.
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Good to know
Funds held in all your credit union accounts combined are protected under the Financial Services Compensation Scheme up to £85,000. Visit fscs.org.uk for full details.
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