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Planet Saver Account

Make your savings count

Save with a Planet Saver Account and we give £10 for every £1000 you save annually to planet positive projects. Make your savings benefit you and our world.

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Accounts

3 Months Fixed

2.93%

AER to you

+

1%

to the planet

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1 Year Fixed

3.05%

AER to you

+

1%

to the planet

Decorative background pattern

3 Months Fixed

2.93%

AER to you

+

1%

to the planet

Decorative background

1 Year Fixed

3.05%

AER to you

+

1%

to the planet

Decorative background

How it works

A happy man laughing

01

Save your money

Save your money in a 3 month or 1 year fixed rate saver with BLME and watch your money work for you and the planet

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02

Make your savings count

At maturity, you will receive capital and your share of the interest* and we give the equivalent of 1% interest* to the ekko portfolio of planet positive impact projects with Tusk, Conservation International, Prevented Ocean Plastic™ & Gold Standard®
‍

* The account operates using Expected Profit Rates. Bank of London and The Middle East plc operates under Islamic finance principles and does not offer interest based products instead they pay a profit rate.

Man in safety jacket collecting plastics

03

See your impact

Hear directly the stories of the impact you have made, the projects you have supported and the positive impact the Planet Saver Account can have

Projects

Projects

Conservation International's Reforestation Project

Conservation International aims to restore 100 million trees through 18 global reforestation projects. Focused on countering climate change, these efforts involve science-based forest restoration and community economic support, overseen by Conservation International and World Resources Institute.

Conservation International's Reforestation Project

Conservation International aims to restore 100 million trees through 18 global reforestation projects. Focused on countering climate change, these efforts involve science-based forest restoration and community economic support, overseen by Conservation International and World Resources Institute.

Prevented Ocean Plastic

Prevented Ocean Plastic™ is high quality, certified recycled plastic that has been collected from coastal areas at risk of ocean plastic pollution. Used by supermarkets and brands around the world, it meets regulatory, health and safety standards, is traceable back to source, and can be identified on pack through its distinctive triangular blue logo.

Prevented Ocean Plastic

Prevented Ocean Plastic™ is high quality, certified recycled plastic that has been collected from coastal areas at risk of ocean plastic pollution. Used by supermarkets and brands around the world, it meets regulatory, health and safety standards, is traceable back to source, and can be identified on pack through its distinctive triangular blue logo.

OELO Gabon

Focused on the Bas Ogooué lake region, OELO Gabon enhances community management of natural resources to preserve crucial habitats for diverse species. Their initiatives and fisheries management plan, backed by Tusk, aim for sustainable biodiversity conservation and future replication across the region.

OELO Gabon

Focused on the Bas Ogooué lake region, OELO Gabon enhances community management of natural resources to preserve crucial habitats for diverse species. Their initiatives and fisheries management plan, backed by Tusk, aim for sustainable biodiversity conservation and future replication across the region.

CLAWS Concervency

In Botswana's Kavango Zambezi Transfrontier Area, CLAWS Conservancy's 'Pride in our Prides' program uses satellite collars to prevent lion conflicts with communities. This approach has significantly reduced lion killings since 2013, protecting one of southern Africa's key lion populations.

CLAWS Concervency

In Botswana's Kavango Zambezi Transfrontier Area, CLAWS Conservancy's 'Pride in our Prides' program uses satellite collars to prevent lion conflicts with communities. This approach has significantly reduced lion killings since 2013, protecting one of southern Africa's key lion populations.

Mali Elephant Project

Established in 2003, MEP protects 550 sub-desert elephants in Mali. It unites local communities for habitat conservation, reduces poaching through Mali's first anti-poaching unit, and ensures the survival of Africa's largest elephant migration route.

Mali Elephant Project

Established in 2003, MEP protects 550 sub-desert elephants in Mali. It unites local communities for habitat conservation, reduces poaching through Mali's first anti-poaching unit, and ensures the survival of Africa's largest elephant migration route.

Mozambique Safe Water Project

Enhancing community health in Mozambique by improving water infrastructure, this project reduces waterborne illnesses and the need for boiling water, saving firewood, and cutting CO2 emissions. It focuses on hygiene education and lightens the burden on women and children by reducing time spent on water and wood collection.

Mozambique Safe Water Project

Enhancing community health in Mozambique by improving water infrastructure, this project reduces waterborne illnesses and the need for boiling water, saving firewood, and cutting CO2 emissions. It focuses on hygiene education and lightens the burden on women and children by reducing time spent on water and wood collection.

Wind Power Project in Rajasthan, India

A 22.5 MW wind power project in Rajasthan, India, generates clean electricity for 10,500 households while reducing CO2 emissions. Focused on social responsibility, it enhances education, healthcare, and sanitation, and promotes employment and women's empowerment in local communities. Key initiatives include school infrastructure improvement, accessible clean water, health awareness campaigns, and environmental conservation efforts, positively impacting thousands in the region.

Wind Power Project in Rajasthan, India

A 22.5 MW wind power project in Rajasthan, India, generates clean electricity for 10,500 households while reducing CO2 emissions. Focused on social responsibility, it enhances education, healthcare, and sanitation, and promotes employment and women's empowerment in local communities. Key initiatives include school infrastructure improvement, accessible clean water, health awareness campaigns, and environmental conservation efforts, positively impacting thousands in the region.

Buenos Aires Project, Brazil

In the Caatinga region, this project counters deforestation by replacing illegal firewood with biomass in a ceramic factory, saving 1,970 hectares of forest and reducing CO2e emissions by 132,953 tons over 10 years. It supports over 110 families with income generation and community aid, including housing, education, and sports initiatives, while enhancing work conditions and promoting sustainable local development.

Buenos Aires Project, Brazil

In the Caatinga region, this project counters deforestation by replacing illegal firewood with biomass in a ceramic factory, saving 1,970 hectares of forest and reducing CO2e emissions by 132,953 tons over 10 years. It supports over 110 families with income generation and community aid, including housing, education, and sports initiatives, while enhancing work conditions and promoting sustainable local development.

As seen in

FAQs

Frequently Asked Questions

Who is the Savings Account with?

Who is BLME?

Are my savings covered by the UK Financial Services Compensation Scheme?

Does the money get invested into fossil fuels?

What does Sharia’a compliant mean?

What is the difference between Sharia’a compliant and conventional savings?

Why is the interest rate called Expected Profit Rate? Is the profit rate guaranteed?

For the purposes of completing my tax return to HMRC, is the profit treated as interest income or capital gains?

Is this a green savings account?

Which projects get supported?

Do I have to pay tax on the money going to the impact projects?

Do I need to pay additional fees?

Do I have to pay tax on the savings income I receive?

How do I contact you? (Email/Phone etc)

What are your hours of operations?

What do ekko, BLME and Akoni do for this product?

Does this product have any connection with the ekko debit card?

How can I close my account?

Can I add more funds to the account?

How do I manage this account? Online/Mobile/Branch etc

What happens at the end of the fixed term?

Can I withdraw money early?

What is the minimum and maximum amount I can deposit?

How long do I have to fund the account after opening it?

How can I deposit money? (Bank transfer, in-branch etc)

When Does the Term of My Term Deposit Start?

Can I add funds to an existing deposit?

Akoni Hub Limited is authorised and regulated by the Financial Conduct Authority. FCA registration number 766340.https://www.akonihub.com/static/privacy

Bank of London and The Middle East plc (BLME) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. BLME appears on the FCA Register under firm reference number 464292.

Bank of London and The Middle East plc is a company registered in England & Wales. Its company registered number is 05897786. The registered office address is 20 Churchill Place, Canary Wharf, London, E14 5HJ.Bank of London and The Middle East plc DIFC Branch is regulated by the Dubai Financial Services Authority (“DFSA”) as a Category 4 Authorised Firm. The registered office is Office 2904, Level 29, Al Fattan Currency House, Dubai International Financial Centre, Dubai, PO Box 506557, United Arab Emirates. The DFSA Firm Reference Number is F003552.

Enviroconomy Limited trading as ‘ekko’ is a company incorporated in England and Wales with registered number 12338538 whose registered address is 128 City Road, London, United Kingdom, EC1V 2NX, collaborates with Akoni and BLME in offering a savings account. In this partnership, BLME provides the savings account, Akoni provides the platform, while ekko contributes to impact projects from the interest earned on these accounts.

The information provided by ekko does not constitute financial advice. Prospective and current customers should conduct their own research to ensure the suitability and appropriateness of the savings account for their specific circumstances. The tax treatment of savings accounts and any contributions to impact projects depends on the individual circumstances of each customer and may be subject to change in the future.

Please note that the ekko savings account is an entirely separate offering from the ekko card. The ekko savings account product is not connected with, managed, or serviced by PrePay Technologies Limited and is distinct from the ekko card product.