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We'd like to make you aware that our planned changes to Isle of Man Bank came into effect on 28 May 2019

Our proposal to move the Isle of Man Bank business from Isle of Man Bank Limited to the Isle of Man branch of The Royal Bank of Scotland International Limited was approved by the Isle of Man High Court of Justice on 21 May 2019. The changes came into effect from 28 May 2019.

More about the change

Instant Saver

Need a simple savings account that lets you move money in and out easily?







Here to help you reach your savings goals

Our Instant Saver lets you;
  • Access your money instantly - there are no withdrawal penalties, so you can take money out whenever you want.
  • Watch your savings grow - interest is calculated daily and paid monthly directly into your account.
  • Manage your account your way - online, in branch or by phone.
  • Easy to manage - with our online and mobile banking services.
What you should know;
  • The interest rate is variable, so it can go up as well as down.
  • The account is for customers aged 16 and over.
  • Debit card available

Interest Rates

Balance AER Gross Rate %
1+ 0.45% 0.45%

Rates correct as at 3 September 2018 and are subject to change.

Common definitions

Throughout this page, you'll see various terms being used. Here's what they mean:

Annual Equivalent Rate (AER) - This is a notional rate used for interest bearing accounts, which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.

Gross Rate – This means the interest rate you are paid before the deduction of tax.

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