Market leading interest rate (1.25%)
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.
AA offer five different savings accounts, including an account for AA members:
Easy Access Product
1 or 2 Year Fixed Rate product
Member Easy Access product
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.
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:
Yes. AA offers online banking.
Here are some of the basic features of AA’s online banking service:
If you earn interest from a savings account, you need to pay tax on that interest at the same rate as the rest of your annual taxable income.
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