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Manage your savings

Savings interest rates

We will soon be reducing some of our interest rates, see the changes here.

Personal Accounts

Pick from the drop-downs below to see the rates for each product. If you previously had an Instant Saver, it's now a Flexible Saver.

Balance

£1 – £5,000
Over  £5,000

AER p.a. (variable)

6.17%
1.50%

Gross p.a. (variable)

6.00%
1.49%
Interest is calculated on a daily basis and paid into your account on the first business day of the month. You’ll be able to see and access the interest in your account on the following day.

Balance

£1 – £10,000
Over £10,000

AER/Gross p.a. (variable)

2.25% / 2.23%
1.50% / 1.49%
Earn 2.25% AER / 2.23% Gross p.a.(variable) on your first £10,000 and 1.50% AER/ 1.49% Gross p.a.(variable) on any amount over £10,000 in your account. Interest is calculated on a daily basis and paid into your account on the first business day of the month. You’ll be able to see and access the interest in your account on the following day.

Balance

£1 - £24,999
£25,000+

AER/Tax-free p.a. (variable)

1.50% / 1.49%
2.80% / 2.76%
Interest paid monthly on the first business day of the month

Balance

£1 - £24,999
£25,000 - £99,999
£100,000 - £249,999
£250,000+

AER/Gross p.a. (variable)

1.50% / 1.49%
2.00% / 1.98%
2.30% / 2.28%
2.90% / 2.86%
Interest is paid on a tiered basis which means you’ll earn one rate on your entire account balance. If, for example, you hold £150,000 in your account your interest rate for will be 2.30% AER / 2.28% Gross p.a. (variable) on your entire account balance. Interest is calculated daily and paid on the first business day of the month and at account closure. You'll be able to see and access the interest in your account on the following day.

Balance

£1+

AER/Gross p.a. (variable)

2.50% / 2.48%
Interest is paid quarterly on the first business day in January, April, July and October and at account closure.

Balance

£1+

AER/Gross p.a. (variable)

1.60% / 1.59%
You will only start to receive interest on any money in your First Reserve Account when your offset savings (and any offset current account) balance is more than your Offset Flexible Mortgage balance. Any interest payable will be calculated daily and paid monthly. If you remove your First Reserve account from the Offset arrangement interest will be calculated daily and paid quarterly on the first business day in January, April, July and October and at account closure. You’ll be able to see and access the interest in your account on the following day.

Balance

£1 - £24,999
£25,000 - £99,999
£100,000 - £249,999
£250,000+

AER/Gross p.a. (variable)

1.60% / 1.59%
2.10% / 2.08%
2.50% / 2.47%
3.10% / 3.06%
Interest is paid on a tiered basis which means you’ll earn one rate on your entire account balance. If, for example, you hold £150,000 in your account your interest rate for will be 2.50% AER / 2.47% Gross p.a. (variable) on your entire account balance. Interest is calculated daily and paid on the first business day of the month and at account closure. You'll be able to see and access the interest in your account on the following day.

Balance

£1+

AER/Tax-free p.a. (variable)

2.30% / 2.28%
Interest paid monthly on the first business day of the month.

Fixed Rate ISAs

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Fixed Term Savings Accounts

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Limited Edition Saver

If you're on mobile, some of the tables will be clearer with your phone in landscape mode. 

Definitions

Annual Equivalent Rate (AER) shows the interest rate if interest is paid and compounded once each year. AER helps you to compare the rates of interest on different accounts.

Compound interest is interest that is earned on interest that’s already been paid.

Gross means the interest rate you are paid on your savings with no compounding.

p.a. per annum (per year).

Tax-free.  We pay all savings interest without the deduction of tax. You do not pay any UK tax on interest earned in ISAs. You may have to pay tax on interest earned in non-ISA accounts depending on your Personal Savings Allowance. The tax treatment may be subject to change in the future.

Not sure which savings account is right for you?

Whether you're new to saving, or more of an expert, we can help you find the savings account that best suits your needs. Specific account eligibility criteria applies.

Compare our savings accounts Open in new window

Fixed Term Savings Account FAQs

Fixed Rate ISA Account FAQs