Savings and Investments - Premier banking | Ulster Bank

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Savings and Investments

Future planning made easier

Available to UK residents aged 18 or over (except those acting as trustees) who subscribe to the ufirst Private or Private Current Account.

Premier customers outside with a coffee

Private Reserve Savings Account

An instant access savings account offering one of our highest rates of interest which is paid to you each month. You can access and control you money via Anytime Internet Banking, our Premier Banking telephone service, in branch or on our mobile app

When you are making a transfer online or over the telephone the limits will be advised to you. 

The need to knows

  • Interest is calculated daily and paid monthly
  • If you cancel your subscription to either the ufirst Private or Private Current Account, then we may close your account and transfer the balance to a Loyalty Saver account or equivalent
Personal Banking - terms and conditions, Your Savings Account Terms (PDF, 196KB)
A guide to personal accounts fees and interest savings accounts (PDF, 4MB)


Tier AER/Gross p.a. (variable)
£1+ 0.20%


Gross Rate. This means the interest you are paid without the deduction of UK income tax.

Annual Equivalent Rate (AER) is a notional rate used for interest bearing accounts, which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts p.a. Per annum (per year).


For Premier customers, an important part of your Premier Banking Manager's role is to give you access to a range of financial experts.

They include specialist Wealth Managers who can review your present situation, take into account future financial goals and prepare a personalised set of recommendations to suit your investment needs.

The value of investments can fall as well as rise, and you may not get back the full amount you invest.

Relationship Manager meeting a client in their home

Financial Services Compensation Scheme

Your eligible deposits held by a UK establishment of Ulster Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.


Find out more  about the scheme and how it protects your money.


Next steps Ready to join Ulster Bank Premier banking?
Talk to us now
Premier Banking team

To qualify for Premier, you will normally need a sole annual income of at least £75,000 paid into your Ulster Bank account (£100,000 in the case of a joint application), or savings and investments of at least £100,000 held with us or another financial institution (proof of savings required).


Call 0345 301 5105

Quicker, simpler, more secure banking over the phone
With our new Voice ID security feature for Telephone Banking it will authenticate you using your voice, so you don’t have to use your password. Register for Telephone Banking to get started.

Lines are open 24 hours a day, 7 days a week excluding Bank Holidays. Calls may be recorded. Voice ID is available to telephone banking customers aged 18+.

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