Rainy Day Saver rates
Interest rates for our Rainy Day Saver account
Here you’ll find account information, plus current interest rates for our Rainy Day Saver account, which is only available to Barclays Blue Rewards members and Premier Banking customers.
Current interest rates
|
Rates effective from |
Balance |
Gross rate per year % |
AER % |
|---|---|---|---|
|
1 September 2023 |
£1+ |
5.00 |
5.12 |
|
|
£5,000+ |
1.15 |
1.16 |
Interest rates on the Rainy Day Saver are banded. This means you’ll earn 5.12% AER/5.00% gross p.a. interest on the first £5,000 of your balance, and 1.15% AER/1.16% gross p.a. on your additional balance over £5,000.
Future interest rates
|
Rates effective from |
Balance |
Gross per year % |
AER % |
|---|---|---|---|
|
13th February 2025 |
£1+ |
4.76 |
4.87 |
|
|
£5,000+ |
1.15 |
1.16 |
Previous interest rates
|
Rates effective from |
Balance |
Gross per year % |
AER % |
|---|---|---|---|
|
3 July 2023 – 31 August 2023 |
£1+ |
5.00 |
5.12 |
|
|
£5,000+ |
1.00 |
1.00 |
|
2 May 2023 – 2 July 2023 |
£1+ |
5.00 |
5.12 |
|
|
£5,000+ |
0.70 |
0.70 |
|
1 March 2023 – 1 May 2023 |
£1+ |
5.00 |
5.12 |
|
|
£5,000+ |
0.65 |
0.65 |
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. |
For additional information, download our Rainy Day Saver terms and conditions [PDF, 131KB]. 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.
