Deposit Accounts

Instant access to your money and higher interest rates when you deposit more.

If you have surplus funds in your Current Account, Private Reserve can help you make more of them. There is no minimum balance and the account pays interest on the funds you deposit.

If your Current Account balance becomes insufficient to cover your purchases, money can be automatically transferred each day from your Private Reserve.

With daily, weekly or monthly automatic transfers, you can maintain a minimum balance of your choice on your Current Account.

Interest is calculated daily and can be transferred to your Adam current account each month.

Current interest rates

Earn a higher interest rate on funds that you don’t need to withdraw straight away.

With interest rates at historically low levels, finding an account that gives an attractive rate on your cash deposits is becoming increasingly difficult. Our 90-Day Notice Account could may offer the interest rate you require.

Funds can be deposited by requesting a transfer from your Adam & Company Current Account. If you prefer, you can make a payment electronically from another bank.

Interest is paid monthly to your 90-Day Notice Account or we can credit it to your Adam current account at your request. We will send you a statement every quarter to keep you up to date with your account.

Should you wish to make a withdrawal, you will normally need to provide 90 days notice. You are able to provide notice of withdrawal in writing, or by telephone. If 90 days notice is not provided then there will be a penalty of 90 days' interest. This is calculated at the interest rate applicable on the day of the withdrawal.  

Current interest rates

Offering higher interest rates on large cash deposits than the rate you receive on a Adam current account.

Money market deposits allow you to select from a range of maturity periods and interest rates. The interest rate you receive depends on the size of your deposit and the term you choose. Interest is paid on maturity.

In exceptional circumstances, at our discretion, you may be able to terminate your deposit early. Where this is allowed, the full amount of your deposit must be withdrawn. An administration fee will be payable. If we incur any costs in breaking the deposit, they will be passed on to you.

For more information, please contact your Relationship Manager.

You can save up to £5,100 a year in a cash ISA without paying income or capital gains taxes on your savings interest.