Instant Saver
Our flexible, everyday instant access account
- Start saving with as little as £1
- Earn interest even when you’ve made a withdrawal
- Instantly move or withdraw money
Overlay
Savings accounts
Compare our savings accounts
On 20th January 2025, we will be reducing some of our interest rates. More about the rate change.
Savings Builder
Build your savings with our regular savings account
- No minimum deposit
- You earn a higher rate of interest each month when you grow your balance by at least £50
Premium Saver
Earn bonus interest when you leave your savings untouched
- Instant access to your savings
- Earn bonus interest on savings between £25,000 – £1,000,000 when you make no withdrawals
Fixed Term Savings account
Know in advance what your savings will earn
- You can choose to fix the interest rate for 3, 6 or 12 months or 2 years
- Minimum deposit of £5,000
- Available in a variety of major currencies
- All deposits are automatically linked to a Cash Management Account
- Early withdrawals or early closure (before maturity) of a Fixed Term Deposit are not permitted, except at the Bank’s sole discretion.
To apply you must be 16+, resident in the Isle of Man and hold a Cash Management account with us. Early withdrawals or early closure (before maturity) of a Fixed Term Deposit are not permitted. Please read the Summary Box below before you apply, this will give you key information about Fixed Term Savings.
First Saver account
Helping to get children into the savings habit
- Free, instant access children’s saving account held in trust
- Easily managed in your app alongside other accounts
If you’re aged 18 years or over and hold an Isle of Man Bank current account, you can open an account in trust for a child under 16. All parties must be resident in the Isle of Man.
Cash Management account
Most major currencies available including US Dollars and Euros
- Hold sterling and other currencies all under one account number
- Make sterling and international payments
- Receive sterling and international payments into account
- Make Foreign Exchange transactions
- Manage your Fixed Term Deposit accounts
To apply you must be 16+ and resident in the Isle of Man.
Watch your savings grow
With Round Ups, pay with your debit card or contactless device and we'll round up the amount to the nearest pound, sending the spare change to your savings account.
Rounding up to the nearest pound might not sound like much however the pennies soon add up.
Round Ups is available to customers with an eligible current account, instant access savings account and the Mobile App. Once you’ve turned it on, it’ll work with all debit card and contactless device payments (in sterling).
Get into the savings habit by setting a goal
Following a plan can make a big difference to your savings habits.
With our savings goal tool, you can see you how much you need to save each month to reach your goal, tracking your progress with our mobile app.
Eligible instant access savings account required. App criteria apply.
Depositor Compensation Scheme
Isle of Man Bank is a member of the Isle of Man Depositors’ Compensation Scheme (DCS) as set out in the Depositors’ Compensation Scheme Regulations 2010.
To understand your eligibility under the scheme you may wish to visit the Isle of Man Financial Services Authority website.