Current savings interest rates are effective from 6 June 2025
PLEASE NOTE: Our savings interest rates will be changing from 3 September 2025. The new interest rates for our current and closed savings accounts are listed here as a downloadable PDF. Please see full details here.
-
Rate of interest payable and tax treatment depends on individual circumstances and may be subject to change in the future.
-
If the balance of the account falls below the minimum, a variable interest rate of 1.50% gross/AER* will be paid. The minimum balance for each account is determined by the lowest band.
-
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. The "gross" interest rate quoted is the contractual rate of interest payable before the deduction of Income tax specified by law. The "tax exempt (free)" interest rate quoted is the contractual rate of interest payable where interest is exempt from Income tax.
-
Information on how to set up automated payments to your savings account can be found here.