|Terms and conditions

1. The fixed preferential rate of 5% AER/gross over 12 months is available to Bank Advance customers, who open a new Regular Saver account. Save between $25 and $250 per month by standing order from your Bank Advance Bank Account for a fixed term of 12 months. If you do not save $250 in any given month you can carry over any unused subscription to following months. Interest is calculated on the daily cleared balance on your Regular Saver and we will pay this to your Regular Saver on the anniversary of the date your account was opened. For example, if you saved $250 every month for 12 months a total of $3000 will be paid in to your account during the 12 month term. At 5% you would earn approximately $81 interest (gross). Partial withdrawals are not allowed during the 12 month term. If you close your Regular Saver before the anniversary, we will pay interest at the same rate as we would apply to an equivalent amount held in a Flexible Saver. You can only hold one Regular Saver at any given time. AER stands for Annual Equivalent Rate. This shows you what the gross rate would be if interest were paid and compounded each year. All credit interest will be paid gross. Gross is the rate of interest if interest were paid and not compounded each year.

2. For Bank US customers only with Online Banking & iPhone, iOS 10 or above.

3. Apple and iPhone are trademarks of Apple Inc. registered in the U.S and other countries.

4. As compared to our Bank Account and Bank Account Pay Monthly.

5. Subject to status and account conduct.

6. The Bank Global Transfer exchange rate will apply to any transfer that requires a currency exchange.
7. Your cashback will be dependent on the loan not being paid off early or ended by us. You must be a Bank Advance Customer at the time the loan is taken out. Interest cashback is offered on Personal Loans from $1,000 to $25,000, over 12 to 60 months. Our Personal Loans are subject to status and account conduct. Loan applicants must be US, Channel Isles or Isle of Man resident aged 18+ and have an annual income/pension before tax of $10,000 or more. The rate you pay depends upon a credit assessment of your personal circumstances and the loan amount; this may differ from the rate advertised.

8. Some cash machine operators may apply a direct charge for withdrawals from their cash machines. This will be advised at the time of the withdrawal.

Using your Debit Card abroad: The exchange rate that applies to any foreign currency debit card payments (including cash withdrawals) is the Visa scheme exchange rate used by VISA on the day the conversion is made plus a Non-sterling transaction fee, which is currently 2.75% of the transaction amount (and for cash withdrawals a Cash Fee of 2% of the cash withdrawal (minimum: $1.75, maximum: $5)). We will make the conversion and deduct the payment from your account once we receive details of the payment from VISA, at the latest the next working day. Details of the current Visa scheme exchange rates are available at www.visaeurope.com.

Our telephone, online and mobile banking services are open 24 hours a day subject to scheduled maintenance periods. During busy periods calls may be transferred outside the US. Textphone is not available in the Channel Islands and Isle of Man. To help us continually improve our service, and in the interests of security, we may monitor and/or record your calls with us.