Everyday Saver interest rates
Current interest rates
|
Rates effective from |
Balance |
Gross per year % |
AER % |
|---|---|---|---|
|
6 May 2025 to 3 August 2025 |
£1+ |
1.15 |
1.16 |
Future interest rates
|
Rates effective from |
Balance |
Gross per year % |
AER % |
|---|---|---|---|
|
4 August 2025 |
£1+ |
1.10 |
1.11 |
Previous interest rates
|
Rates effective from |
Balance |
Gross per year % |
AER % |
|---|---|---|---|
|
13 February 2025 to 5 May 2025 |
£1+ |
1.25 |
1.26 |
|
2 December 2024 to 12 February 2025 |
£1+ |
1.50 |
1.51 |
|
|
£10,000+ |
1.15 |
1.16 |
|
1 September 2023 to 1 December 2024 |
£1+ |
1.65 |
1.66 |
|
|
£10,000+ |
1.15 |
1.16 |
|
17 July 2023 – 31 August 2023 |
£1+ |
1.50 |
1.51 |
|
|
£10,000+ |
1.00 |
1.00 |
|
3 July 2023 – 16 July 2023 |
£1+ |
1.00 |
1.00 |
|
15 June 2023 – 2 July 2023 |
£1+ |
0.85 |
0.85 |
Further information
|
Mortgage offset |
Yes. Remember, if you offset your savings account against your mortgage, you won’t earn any interest on your savings account. |
|
Interest rate |
Rates are variable. Interest is calculated daily using your statement balance and is paid on the first working day of each month. |
|
Gross |
The rate of interest payable without tax taken off. |
|
Tax |
Interest is paid gross. If you’re a UK taxpayer, you may have to pay tax on interest earned in excess of your Personal Savings Allowance.
For further information and guidance, please refer to HMRC’s website Please note, it’s your responsibility to ensure that any tax due on interest payments received is paid to the appropriate tax authority. |
|
AER |
Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded once each year. |
Learn more about our Everyday Saver – or log in to apply.
For additional information, download our Everyday Saver terms and conditions [PDF, 140KB]. They are in addition to the general conditions of your Customer Agreement with us.
Read important information about our interest rates, the Financial Services Compensation Scheme, and your cancellation rights.