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Manage your savings

Savings Interest Rates

On this page
Personal accounts
Fixed Rate ISA accounts
Fixed term accounts
Definitions
Compare our savings accounts

We’ll be increasing some of our savings interest rates from 1 August. See the changes here

Personal Accounts

Pick from the drop-downs below to see the rates for each product

Balance

£1 – £1,000
£1,001 – £5,000
Over £5,000

Gross p.a. (variable)

3.25%
0.30%
0.10%

AER p.a. (variable)

3.30%
0.30%
0.10%
Interest is calculated on a daily basis and paid into your account on the first business day of the month. You’ll be able to see and access the interest in your account on the following day.

Balance

£1 – £10,000
Over £10,000

AER/Gross p.a. (variable)

0.30%
0.00%
Earn 0.30% interest on your first £10,000 and 0.10% on any amount over £10,000 in your account. Interest is calculated on a daily basis and paid into your account on the first business day of the month. You’ll be able to see and access the interest in your account on the following day.

Balance

£1+

AER/Gross p.a. (variable)

0.10%
Interest paid monthly on the first business day of the month

Balance

£1 -£49,999
£50,000+

Tax-free p.a./AER (variable)

0.10%
0.20%
Interest paid monthly on the first business day of the month

Balance

£1 - £24,999
£25,000 - £1,000,000
Over £1,000,000

AER/Gross p.a. (variable)

0.10%
0.15%
0.10%
Interest is paid on a tiered basis which means you’ll earn one rate on your entire account balance. If, for example, you hold £150,000 in your account your interest rate for will be 0.15% AER/Gross p.a (variable) on your entire account balance. If, for example, you hold £1,100,000 in your account your interest rate for will be 0.10% AER/Gross p.a (variable) on your entire account balance. Interest is calculated daily and paid on the first business day of the month and at account closure. You'll be able to see and access the interest in your account on the following day.

Balance

£1+

AER/Gross p.a. (variable)

0.45%
Interest is paid quarterly on the first business day in January, April, July and October and at account closure.

Balance

£1 - £24,999
£25,000 - £999,999
£1,000,000+

AER/Gross p.a. (variable)

0.10%
0.20%
0.25%
You will only start to receive interest on any money in your First Reserve account when your offset savings (and any offset current account) balance is more than your Offset Flexible Mortgage balance. Any interest payable will be calculated daily and paid monthly. If you remove your First Reserve account from the Offset arrangement interest will be calculated daily and paid quarterly on the first business day in January, April, July and October and at account closure. You’ll be able to see and access the interest in your account on the following day.

Balance

£1+

AER/Gross p.a. (variable)

0.10%
Interest paid monthly on the first business day of the month.

Balance

£1+

AER p.a. (variable)

1.00%

Tax-free p.a. (variable)

1.00%
Interest paid monthly on the first business day of the month.

Fixed Rate ISA accounts

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Fixed Term savings accounts

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Definitions

Annual Equivalent Rate (AER). This is a notional rate used for interest bearing accounts which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.
Tax-free interest means interest payable is exempt from income tax.
Gross Rate. This means the interest rate you are paid without the deduction of income tax.
p.a. Per annum (per year)

Not sure which savings account is right for you?

Whether you're new to saving, or more of an expert, we can help you find the savings account that best suits your needs. Specific account eligibility criteria applies.

Compare our savings accounts

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