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What is the HomeSaver™?

Written by Shahi
Updated this week

HomeSaver™ is a high-yield savings account designed specifically to help you build your house deposit faster. By combining a competitive interest rate with exclusive bonuses, we help you bridge the gap to homeownership sooner.

How HomeSaver™ helps you

Unlike a standard savings account, HomeSaver™ is built with one goal: making home happen. It offers a market-leading interest rate with added conditional bonuses, giving your savings a significant boost during the crucial first 12 months of your journey.

Key account features

  • Maximum balance: You can save up to £20,000 (excluding any interest earned).

  • Flexibility: You can withdraw your money at any time through the Tembo app. There are no limits on the number of withdrawals you can make.

  • Minimum withdrawal: The minimum amount you can withdraw is £10 (or your full remaining balance if it is less than £10).

  • Linked account: For security, funds must be withdrawn into a UK personal current account in your sole name that is linked to your Tembo app.

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