Overlay
Savings account rates
Interest rates that apply to our savings accounts
Savings interest rate changes
Until
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From
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Product |
Balance |
Bonus Condition |
Gross p.a (variable) |
AER |
Gross p.a (variable) |
AER |
| Savings Builder | £1 - £10,000 | Under £50 balance increase: regular saving condition not met |
2.10% | 2.12% | 2.20% | 2.22% |
| £1 - £10,000 | £50 or over balance increase: regular saving condition is met |
5.00% | 5.12% | 5.25% | 5.38% |
|
| £10,000 + | N/A | 2.25% | 2.27% | 2.40% | 2.43% | |
| Premium Saver | £1 - £24,999 | N/A | 2.55% | 2.58% | 2.70% | 2.73% |
| £25,000 - £49,999 | Withdrawals made in month: bonus condition is not met |
2.55% | 2.58% | 2.70% | 2.73% | |
| £25,000 - £49,999 | No withdrawals made in month: bonus condition is met |
2.65% | 2.68% | 2.80% | 2.84% | |
| £50,000 - £1,000,000 | Withdrawals made in month: bonus condition is not met |
2.55% | 2.58% | 2.70% | 2.73% | |
| £50,000 - £1,000,000 | No withdrawals made in month: bonus condition is met |
2.75% | 2.78% | 2.90% | 2.94% | |
| £1,000,000 + | N/A | 2.95% | 2.99% | 3.10% | 3.14% | |
| Instant Saver | £1- £50,000 | N/A | 2.25% | 2.27% | 2.40% | 2.43% |
| Over £50,000 | N/A | 2.30% | 2.32% | 2.45% | 2.48% | |
| First Saver | £1 + | N/A | 2.45% | 2.47% | 2.60% | 2.63% |
| Card Plus | £1 + | N/A | 5.00% | 5.12% | 5.25% | 5.38% |
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 UK income tax.
Gross Rate. This means the interest rate you are paid without the deduction of income tax. p.a. Per annum (per year).
Our personal savings rates
The Savings account rates document includes key information you need to know about our savings accounts.
It should be read together with the Personal Banking Account Terms and Fees and forms part of our agreement with you. Please keep it for future reference.
Thinking about opening another savings account?
Take a look at all the options in our savings account range and see if your money could work harder.