Overlay

Interest Rate Changes


Name Balance Until 22 August 2023
AER / Gross p.a. (variable)
From 23 August 2023
AER / Gross p.a. (variable)
Digital Regular Saver

£1 - £5,000

over £5,000

6.17% / 6.00%

1.41%  /   1.40%

6.17% / 6.00%

1.75%  /   1.74%

Flexible Saver

£1 - £24,999

£25,000 - £99,999

£100,000 - £249,999

 £250,000+

1.41%   / 1.40%

2.12%   / 2.10%

2.63% / 2.60%

3.14% / 3.10%

1.75%   / 1.74%

2.25%   / 2.23%

2.70% / 2.67%

3.30% / 3.25%

Primary Savings

£1 - £24,999

£25,000 - £99,999

£100,000 - £249,999

 £250,000+

1.41%   / 1.40%

2.12%   / 2.10%

2.63% / 2.60%

3.14% / 3.10%

1.75%   / 1.74%

2.25%   / 2.23%

2.70% / 2.67%

3.30% / 3.25%

Cash ISA

£1 - £24,999

£25,000+

1.61% / 1.60%

3.04% / 3.00%

1.75% / 1.74%

3.20% / 3.15%

Help to Buy ISA £1+ 2.53% / 2.50% 2.70% / 2.67%
First Saver £1+ 2.63% / 2.60% 2.70% / 2.67%
Adapt Account £1+ 2.63% / 2.60% 2.70% / 2.67%
First Reserve £1+ 1.41%  /   1.40% 1.75%  /   1.74%
Savings Builder

£1 - £10,000

over £10,000

2.63% / 2.60%

1.41%  /  1.40%


2.70% / 2.67%

1.75%  /  1.74%

 


    

Definitions

Annual Equivalent Rate (AER). This is a notional rate used for interest bearing accounts which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.

Tax-free interest means interest payable is exempt from UK income tax.

Gross Rate. This means the interest rate you are paid without the deduction of income tax.

p.a. Per annum (per year).

Want to open another savings account?

If you're thinking about opening another savings account, take a look at all the options we've got to see which one might be right for you.

Something else we can help you with?