Information about the firm 

Wealthify Limited (Wealthify) is a UK limited company registered in England and Wales (No. 09034828). Our registered office is Tec Marina, Terra Nova Way, Cardiff, CF64 1SA. We are authorised and regulated by the Financial Conduct Authority (No. 662530).

Wealthify, in collaboration with ClearBank are providing you with an Instant Access Savings Account. 

ClearBank Limited (ClearBank) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Registered address: ClearBank, Borough Yards, 13 Dirty Lane, London, SE1 9PA. (Financial Services Register number: 754568)

Information about the financial service

Wealthify will provide the day-to-day servicing of the account (including being the point of contact for any questions you may have), with ClearBank providing the accounts itself.

There will be no separate fees, charges or expenses payable by you for this account.

You will be able to deposit funds and earn interest on those funds based upon the time that they are deposited and the interest rate applicable. The current variable interest rate is <X>% AER, <X>% Gross. The interest rate tracks the Bank of England base rate minus a margin.

Interest is accumulated daily based on the cleared funds in your account (as calculated by ClearBank). This interest is then paid monthly on a gross basis.

ClearBank will pay the interest accumulated within the calendar month directly to your savings account within 3 working days of that month's end. 

If you close your Instant Access Savings Account mid-month, ClearBank will calculate the interest up until that date within the month, before paying it into your nominated bank account within 3 hours.

Wealthify reserve the right to vary the interest rate in line with our Terms and Conditions.

We don't take any tax off the interest we pay you. 

You may have to pay additional tax depending on your taxable income and Personal Savings Allowance (which is the amount of interest you can receive tax free). You can find more information by searching Personal Savings Allowance on www.gov.uk.

Information about the contract

You can cancel your account within 14 days from the date it was opened, or the date you received the Terms and Conditions (whichever is the later date).

If you do want to cancel your account, you'll need to contact our Customer Care Team on 0800 802 1800, or by sending them a secure message.

You can also close it at any time using your savings dashboard on the Wealthify app or website; just click on the 'details' section within the account view.

If you don't cancel your account, you'll still be bound by the Instant Access Savings Account Terms and Conditions until your account is closed.

These terms are provided in English, which will be the language of all communications between you and Wealthify

Information about redress