eSavings rates

Current rates for existing customers 

eSavings with 12 month bonus

Accounts opened or renewed from 11 November 2022

Amount Invested	Annual Interest. Gross/AER % including bonus*
£1+	1.40%
£25,000+	1.50%
£50,000+	1.60%
£100,000+	1.70%

These interest rates are correct as at 25/09/2024. Interest rates are variable.

 

The interest rate you get depends on how much money you have in your account at midnight at the end of each day. You earn the interest rate on all the money in your account.

* Includes a fixed introductory bonus of 0.10% gross/AER, payable for 12 months from the date of account opening. At the end of the bonus period, rates without bonus will apply. Please see the ‘without bonus’ table for current rates.

 

eSavings without bonus

Amount Invested	Annual Interest. Gross/AER %
£1+	1.30%
£25,000+	1.40%
£50,000+	1.50%
£100,000+	1.60%

 

These interest rates are correct as at 25/09/2024. Interest rates are variable.

 

The interest rate you get depends on how much money you have in your account at midnight at the end of each day. You earn the interest rate on all the money in your account.

View eSavings Account information.

 

Explanation of terms

AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts compare different savings accounts. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Gross rate means that credit interest is paid without income tax being deducted.

Tax-free is the contractual rate of interest payable where interest is exempt from income tax.