Changes to our interest rates

The underlying interest rate on your Online Savings Account is 3.79% AER / 3.72% gross* (variable).

*AER stands for Annual Equivalent Rate and illustrates what your rate would be if interest was paid and compounded once each year. Gross is the interest rate payable before tax is deducted.

The underlying interest rate on your Cash ISA is 3.79% AER* / 3.72% tax-free^† (variable).

*AER stands for Annual Equivalent Rate and illustrates what your rate would be if interest was paid and compounded once each year. Gross is the interest rate payable before tax is deducted.

^†Tax-free is the rate payable where interest is exempt from UK income tax. Your savings balance will be eligible for this tax benefit for so long as it is held in a valid cash ISA account.

The interest rate on 1 Year Fixed Rate Saver accounts opened from 07 August 2024 is 4.50% AER/gross* (fixed).

The interest rate on a 1 Year Fixed Rate Saver is fixed for a year, so if you already hold one of these accounts with us, your interest rate will not change.

*AER stands for Annual Equivalent Rate and illustrates what your rate would be if interest was paid and compounded once each year.

The underlying interest rate on your Maturity Saver is 3.79% AER / 3.72% gross* (variable).

You might be able to earn a higher interest rate with one of our other accounts. Learn about other available options here.

*AER stands for Annual Equivalent Rate and illustrates what your rate would be if interest was paid and compounded once each year.