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Interest rates for current savings accounts

Products Balance Gross Net* Gross AER^

2nd Issue Branch Saver
Annual interest
(Rates effective from 16 July 2014)

£500+
£1+

1.17%
0.50%

0.94%
0.40%

1.17%
0.50%

2nd Issue Direct Access Share
Annual interest
(Rates effective 31 May 2013) 

£50,000+
£500+
£1+ 

0.95%
0.71%
0.30% 

0.76%
0.57%
0.24% 

0.95%
0.71%
0.30% 

 

3rd Issue Notice Saver Account
Annual interest
(Rates effective 31 May 2013)


Monthly interest

£100,000+
£50,000+
£10,000+
£1,000+

£100,000+
£50,000+
£10,000+
£5,000+ 

1.30%
1.10%
1.00%
0.90% 

1.29%
1.09%
1.00%
0.90%

1.04%
0.88%
0.80%
0.72%

1.03%
0.87%
0.80%
0.72% 

1.30%
1.10%
1.00%
0.90%

1.30%
1.10%
1.00%
0.90%

4th Issue Bond Saver
Annual interest
(Rate effective from 31 May 2013)

£1,000+

1.05%

0.84%

1.05%

* Interest will be paid or credited after deduction of income tax at the lower rate of 20% or, subject to the required certification, gross. ^ AER stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.
** Interest is described as being tax-free as it is currently exempt from income tax. The future tax treatment of Individual Savings Accounts may vary. 

-  Click here to see previous variable interest rates (for current and withdrawn savings accounts)
Click here to see interest rates for our withdrawn accounts
Click here for details of our Business Account interest rates