Ecology has a range of savings accounts, the capital from which it uses to lend for its green mortgages, which savers are rewarded for through competitive interest rates.
Due to its size and scale, not all of Ecology’s savings accounts are always open for new applications, however the firm works hard to open them up as and when it can.
The Ecology Cash ISA is now open for applications. It has the following features:
- Variable interest rate of 1.10% gross* p.a./AER**
- Minimum amount to open an Ecology Cash ISA is £25
- Interest can be paid away or compounded
- Can only be opened via post
- Can be operated via internet and post
- We do not accept transfers-in
Other accounts include the Easy Access Saver, which pays 0.85 per cent APR with a minimum investment of £25 and maximum of £75,000; the 90-Day Notice Account, which pays a variable rate of 1 per cent to 1.45 per cent with a £500 minimum deposit and again a maximum account balance of £75,000 and the Regular Saver, which pays 1.75 per cent gross APR and allows savers to deposit between £25 and £250 per month with up to two withdrawals per year.
(All rates are correct as at December 2019)
See Ecology’s savings account webpage for more.
Ecology is a Good Egg mark company.