Direct Line Direct Access
Compare the Direct Line Direct Access with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Direct Line Direct Access details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Direct Line www.directline.com | ||
| Product: | Direct Access | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 1.60% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age is 16 years. | ||
| Restricted Availability: | No restricted availability. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | The minimum investment is £1. | ||
| Maximum Investment: | Unlimited | ||
| Minimum Balance: | The minimum balance is £1. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | Investors may open a Direct Line Savings Plan which will enable up to five members of family or friends to save in their own separate accounts, each earning interest at the rate that would apply if all the funds were in one account Full telephone banking is also offered | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 1.30% 1.30% 1.30% £10,000 1.40% 1.40% 1.40% £25,000 1.50% 1.50% 1.50% £50,000 1.60% 1.60% 1.60% | ||
| Interest Payment Freq: | Interest is paid monthly. | ||
| Managing Account | |||
| Instant: | This is not an instant access account. | ||
| Passbook: | A passbook is not issued when this account is opened | ||
| Transactions at Branch: | Transactions cannot be made at a branch | ||
| Statement Frequency: | Statements are issued quarterly. | ||
| Transactions by Phone: | Transactions can be made by telephone Lines are open 8.00am - 8.00pm Monday - Friday and 9.00am - 5.00pm Saturday Calls will be charged at a local rate if the customer lives in the following STD area code: 0181, 0141, 0161, 0121, 0113 & 0117 otherwise calls will be charged at a national call rate | ||
| Transactions by Internet: | Transactions cannot be made via the internet | ||
| Transactions by Post: | Transactions cannot be made by post | ||
| Special Access: | Withdrawals are arranged by transferring the funds directly into own nominated current account via telephone instruction. | ||
| Withdrawal Conditions: | Withdrawal Conditions - Withdrawals are arranged by transferring the funds directly into own nominated current account via telephone instruction. | ||
| Fees & Charges | |||
| Penalty on all Wdls: | There is not a penalty on all withdrawals. | ||
| Compare | |||
| Products: | www.directline.com Savings | ||
