Savings
Savings
1.
You can filter your savings options by selecting the groups below:
(Options per category are shown in brackets)
- Regular savings (1)
- Savings Bonds (3)
- Instant access (3)
- ISAs (2)
- Children's savings (2)
- Investments (1)
After choosing your option your results will appear below.
2.
Selected Category:
Consider these options
Foundation ISA
- Low-cost investment ISA with no initial charge (other charges apply), designed for all kinds of investors
- Five funds to choose from
ISA Saver – Issue 1
- 2.02% AER / 2.00% tax-free pa (variable) 3
- Instant access
- Open from £1
Transfers-in from other ISAs are not permitted
Important information
1. Gross is the rate of interest payable before income tax is deducted. Interest is payable gross to non-taxpayers subject to the required certification. AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
2. Tax-free indicates that interest is exempt from UK income tax provided all ISA conditions are met. The level and basis of tax can change and the value of tax relief depends on the individual taxpayer.
3. Open from £1. Rates are variable. Interest is paid monthly on the first working day of the month. Rates include a fixed-rate introductory bonus of 0.50% tax-free pa. The bonus is payable for 12 months from the date you open your account, after which time the rates will reduce accordingly. We may withdraw the availability of ISA Saver – Issue 1, or withdraw or change the bonus offer, at anytime without notice. This would only apply to new accounts opened from that time.
4. Your annual ISA allowance is £10,680 in the 2011/2012 tax year. Of this, up to the first £5,340 can be saved in a cash ISA with one provider. All of your allowance or the remainder can be saved in a stocks and shares ISA. The value of tax relief depends on individual circumstances. Annual limits are subject to review. The Government's favourable tax treatment of ISAs may not be maintained.
5. Gross rate: Interest is payable without the deduction of income tax to non-taxpayers subject to the required certification and for Fixed Rate Savings Bonds £50,000 or more, opened on or before 5th April 2012, which meet the Qualifying Time Deposit criteria (see clause 5 of the Savings Bond Terms and Conditions for full details). Otherwise, income tax will be deducted at the basic rate. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
6. We may withdraw or change the bonus offer at any time without notice. This would only apply to new accounts opened from that time.
7. Rates shown are for 18 Month Flexible Bond Issue 8 and Four Year Flexible Bond Issue 9 and interest paid end of term. Monthly interest option also available for the 18 month term, while monthly and annual interest options are available for the 4 year term. Rates are fixed for the term, although withdrawals could take the balance into a lower tier.