AA (originally The Automobile Association) is a British motoring association founded in 1905. It was established to help motorists avoid police speed traps in response to the Motor Car Act 1903. The act introduced new penalties for breaking the speed limit and reckless driving with fines, endorsements and the possibility of prison time.
Over time, the company expanded and it now provides car insurance, driving lessons, breakdown cover, loans, motoring advice, road maps and other services to customers across the nation. The company offers higher interest rates exclusively for AA Members.
Grow your savings at Raisin UK
Raisin UK makes it easier to apply for deposit protected savings accounts. Our savings service connects you with a range of banks and includes exclusive savings accounts and rates; all curated to help you earn more from your savings:
A welcome bonus offer of up to £50
Wide range of partner banks all offering FSCS protection
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
AA offer five different savings accounts, including an account for AA members:
Easy Saver
Open an account with a minimum deposit of £100
Free withdrawals with no penalties or notice periods
Interest paid annually on anniversary of account opening
Manage your savings online 24/7
Quick and easy online application
Save regularly or with a lump sum
Member Saver
Minimum deposit of £100
Rewards AA members with exclusive accounts
Unlimited withdrawals
Interest paid annually on anniversary of account opening
Manage your savings online 24/7
Minimum deposit of £100
Quick and easy online application
Save regularly or with a lump sum
Easy Access Product
Tax free introductory interest rate for 12 months from account opening
Interest calculated daily and paid to you in March.
Minimum deposit of £100.
Transfer in ISAs held elsewhere
1 or 2 Year Fixed Rate product
Interest calculated daily and paid annually
One deposit per product
Minimum deposit of £500
Transfer in ISAs held elsewhere
Member Easy Access product
Interest calculated daily and paid in March
Minimum deposit of £100
Transfer in ISAs held elsewhere
Is it easy to switch to AA?
The AA aim to make switching your savings account to them as easy as possible. That’s why the online application is quick and easy, and allows you to set up an account with a minimum of £100.
Every AA ISA account also comes with a holding account, so you can consolidate your existing savings before moving them to your savings product.
How do I decide which account is for me?
You need to work out what it is you need from your bank account. Are you looking to put a bit of money away each month? Do you want to put some money away and restrict access to it? Are you after rewards or hoping to maximise interest?
You need to work out what you need before comparing the different offers available for certain types of bank account. Once you’ve done that, useful guidelines to compare include:
Interest rates
Fees (if there are any)
Access to cash (if you need quick access for instance)
Rewards and loyalty schemes (if you’re into the add-ons or switching bonuses)
Does AA offer online or mobile banking?
Yes. AA offers online banking.
Here are some of the basic features of AA’s online banking service:
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
