Everyday Saver interest rates
Current interest rates
|
Rates effective from |
Balance |
Gross per year % |
AER % |
|---|---|---|---|
|
3 September 2018 - 27 July 2020 |
£1+ |
0.25 |
0.25 |
|
|
£50,000+ |
0.30 |
0.30 |
We may withdraw the availability of Everyday Saver at any time without notice.
Future interest rates
|
Rates effective from |
Balance |
Gross per year % |
AER % |
|---|---|---|---|
|
28 July 2020 |
£1+ |
0.01 |
0.01 |
Previous interest rates
|
Rates effective from |
Balance |
Gross per year % |
AER % |
|---|---|---|---|
|
1 December 2017 – 2 September 2018 |
£1+ |
0.20 |
0.20 |
|
|
£50,000+ |
0.25 |
0.25 |
Further information
|
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 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 information and guidance please refer to the HMRC 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. 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.