We have increased the limits on our Existing Member account (EMA) and Welcome to Newbury account.
What’s changed?
We have increased the EMA limit for the 2023-24 tax year only from £4,000 to £6,000.
In addition, we have made a permanent increase to the maximum deposit for the Welcome to Newbury account from £3,000 to £5,000.
Both changes come into effect on 22 January 2024.
What does that mean for me?
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If you have an EMA account, you can now deposit a maximum of £6,000 until 5 April 2024.
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If you have a Welcome to Newbury account, you can now pay in the difference between your current balance up to the maximum of £5,000.
Paying in money to your account
You can deposit further funds into your accounts in your local branch or if you are registered for myaccounts you can deposit funds in these ways.