Savings and Investments - Private banking | Ulster Bank

Relationship Manager meeting a client in their home

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 and those we invite to open a Private Reserve Savings Account.

Private 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 Private 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
  • 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 an Easy Access Account
Personal Banking - terms and conditions, Your Savings Account Terms (PDF, 249KB)
View our guide to preferential rates and deposit options (PDF, 154KB)


Tier AER/Gross p.a. (variable)
£1+ 1.25%

Interest rates effective from 19th June 2017

Gross Rate. This means the interest rate you are paid without the deduction of 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.


For Private customers, an important part of your relationship manager's role is to give you access to a range of financial experts.

They include specialist financial planning 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.

Relationship Manager meeting a client in their home

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

Please click here (84 KB PDF) for further information or visit

Next steps Ready to join Ulster Bank Private banking?
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Private banking team


Call 0345 301 5105


Lines are open Monday to Friday 9am-5pm excluding Bank Holidays. Calls cost up to 10p per minute plus up to 16p connection charge from BT lines. Calls from other networks may vary. Calls may be recorded.

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