Direct Access

This account is no longer available to new customers.

Throughout February and March 2015, we’ll be changing all Direct Access accounts to Everyday Saver accounts. Learn more about the changes to savings accounts

Current interest rates

Account opened  Balance  Gross rate pa% Net rate pa% AER%
All accounts £1+ 0.70 0.56 0.70
  £2,500+ 1.00 0.80 1.00
  £10,000+ 1.34 1.07 1.35
  £50,000+ 1.39 1.11 1.40

For information on previous rates on this account, please see the previous interest rate tab.




Previous interest rates

This previous interest rates tab sets out all rates that have applied to Direct Access. To find out how much interest you are currently earning on your money, please click on the current interest rates tab.

Rates effective from Balance Gross rate pa% Net rate pa% AER%
12 December 2011 - present £1+ 0.70 0.56 0.70
  £2,500+ 1.00 0.80 1.00
  £10,000+ 1.34 1.07 1.35
  £50,000+ 1.39 1.11 1.40
Mortgage offset: Yes. Remember, if you offset your savings account against your mortgage, you won't earn any interest on your account.
Interest rate: Rates are variable.  Interest  is paid monthly on the first working day of the month.
Gross: ‘Gross’ is the rate of interest payable before income tax is deducted at the basic rate.  Interest is payable gross to UK non-taxpayers subject to the required certification.
Net: ‘Net’ is the rate payable after we take off basic rate tax (which non-taxpayers may reclaim from HMRC).
AER: Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded once each year.

Terms and Conditions 130 KB

These additional terms and conditions supplement and amend the general conditions of your Customer Agreement with us (Barclays Bank PLC). Read important information about our interest rates, the Financial Services Compensation Scheme and your cancellation rights.