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Current Interest Rates

Interest rates from 29 December 2008

Interest on Credit Balances (paid monthly) % Per Annum Gross Rate* % Per Annum AER**
£1+ 0.10 0.10
£1,000+ 0.16 0.16
£5,000+ 0.21 0.21
£10,000+ 0.36 0.36
£25,000+ 0.46 0.46

Previous Interest Rates

Interest rates from 01 December 2008 to 28 December 2008

Interest on Credit Balances (paid monthly) % Per Annum Gross Rate* % Per Annum AER**
£1+ 0.10 0.10
£1,000+ 0.26 0.26
£5,000+ 0.31 0.31
£10,000+ 0.46 0.46
£25,000+ 0.66 0.66

*GROSS RATE: The contractual rate of interest payable before deduction of income tax at the rate specified by law.

**AER - AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER - Annual Equivalent Rate - you can compare more easily what return you can expect from your savings over time.

Interest rates may vary from time to time.