Swansea Building Society First Adult Saver Review

A notice account from Swansea Building Society, needing 7 days' notice. It ranks 66th of 102 notice accounts we track.

Variable rate · 7 days' notice

3.53%AER

Protection

FSCS£120,000

Min balance

£1

Max balance

£120,000

Notice

7 Days

Interest paid

Annually

How It Stacks Up

Ranks 66th of 102

Notice accounts we track

Just above average
This account 3.53%
UK CPI (Aug 2026)
3.10%
Pays 0.43% more
Average notice account
3.50%
About the same
Best notice account
4.40%
Pays 0.87% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

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A Good Fit For

  • Pro: New and existing savers

Worth Weighing Up

  • Con: You need to give 7 days' notice to withdraw
  • Con: The rate is variable, so it can go down

Good to Know

Only for ages 18 to 40, sole name only, up to five accounts with £120,000 maximum across them. New applicants must live in Wales; existing Swansea members anywhere in the UK can also open one. At 41 the balance moves to another Swansea account unless instructed otherwise.

Please verify all details with the provider – see our Disclaimer

See all Swansea Building Society accounts

Estimated returns with Swansea Building Society's Notice Account

What you could earn with Swansea Building Society's First Adult Saver.

Estimated interest

£1,000 saved

£35.30

At 3.53% AER

£5,000 saved

£176

At 3.53% AER

£10,000 saved

£353

At 3.53% AER

£120,000 saved

£4,236

At 3.53% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

2 alternatives to Swansea Building Society's First Adult Saver

Same type of account, closest on rate.

Common questions about the First Adult Saver

D

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