Flexible Saver
Smart savings with complete flexibility. Competitive tiered rates with no withdrawal restrictions.
2.85%
AER on our top savings tier
Stork Savings
Savings that move with you
Earn tiered interest on everything you save, and keep full access to your money whenever you need it.
Open with just $100.
Stork Flexible Saver
An easy-access savings account that rewards a growing balance.
- Up to 2.85% AER variable, tiered by balance
- Unlimited withdrawals with no fees or penalties
- No monthly fee and no minimum balance after opening
- Interest calculated daily and paid monthly
- Recurring deposits from any linked account
Interest Rates
The more you save, the more you earn
Each tier applies to the part of your balance that falls within it. Rates are variable.
Standard Tier
2.05% AER
On balances up to $10,000
Premium Tier
2.45% AER
On balances from $10,000 to $50,000
Elite Tier
2.85% AER
On balances of $50,000 and above
Key Benefits
Why save with the Flexible Saver
Tiered Interest
Earn a higher rate as your savings grow, with each tier applied to the part of your balance that falls within it.
Unlimited Access
Pay in or take money out whenever you need to, with no withdrawal fees or penalties.
No Monthly Fees
No monthly maintenance fee and no minimum balance to keep once your account is open.
Paid Monthly
Interest is calculated daily on your balance and paid into your account every month.
Regular Deposits
Set up a recurring transfer from a linked account to build your savings without thinking about it.
Online Banking
Check your balance, move money and track your savings online, from any device.
The Details
How your Flexible Saver works
How the tiers work
Each rate applies to the portion of your balance within that tier: 2.05% AER on the first $10,000, 2.45% AER on the amount between $10,000 and $50,000, and 2.85% AER on anything above $50,000.
Calculation and payment
Interest is calculated daily on your actual balance and paid monthly on the first business day of the month.
Variable rates
All rates are variable. We review them regularly and will tell you at least 30 days before any change takes effect.
Eligibility
Are you eligible?
Please make sure you can answer yes to the following before you apply.
- Be 18 years of age or older
- Be a US resident
- Make an opening deposit of at least $100
- Be able to provide proof of identity and address
- Have a valid email address and phone number
FAQs
Questions about the Flexible Saver
How does the tiered interest rate work?
You earn more as your balance grows. Each tier's rate applies only to the part of your balance that falls within that tier, so moving into a higher tier never lowers the interest on the rest.
Is there a fee for withdrawals?
No. You can take money out whenever you need it, as often as you like, with no fees or penalties.
Can I set up automatic deposits?
Yes. You can set up a recurring transfer from any linked account through online banking, so your savings grow without manual transfers.
What do I need to open an account?
You need to be 18 or over, a US resident, and able to make an opening deposit of at least $100. You'll also need proof of identity and address, an email address and a phone number.
Get Started
Open a Flexible Saver
Apply online
If you're 18+ and a US resident, you can open your Flexible Saver online with a $100 deposit.
Open an AccountHave a question first?
Email us at support@storkbank.com and our team will help you choose the right savings account.
Contact UsImportant information: AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and compounded once each year. The gross rate is the interest rate payable before any income tax is deducted. All rates are variable and may change; we will give at least 30 days' notice of any change. Minimum opening deposit $100. Stork Bank — support@storkbank.com.