Notices
  • Please note that our Online Saver (7) has been withdrawn from sale. Any customers that have recently applied for this account will have 15 calendar days to initially fund their account.

  • With more prizes available in the Monthly Free Prize Draws - effective from 1 October 2024. Find out more here

    New Windfall Bond account holders: Newly opened accounts need to be fully funded and nominated bank details registered before the end of August in order to be eligible for entry into the October Prize Draw.

    Existing Windfall Bond account holders: Current Windfall Bond account(s) will automatically be entered into the October Prize Draw; until then the prize draws will continue as normal.

  • Savings: Interest rates for Windfall Bond and Tracker Savings Bond will decrease by 0.25% from 1 September 2024. We will be writing to all customers individually to confirm the new rates.

    Mortgages: Tracker mortgages will change on 25 September 2024 and we will write to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage.

    (Notice updated 05/08)

  • From Thursday 22 August, we reduced our rates on all our fixed rate mortgage products.

    From 19 September 2024, we'll also be reducing our Managed Mortgage Rates (MMR) by 0.25%. All on-sale discounted variable product rates and other details, including representative examples displayed on our website, have been updated to reflect these lower rates. We will be writing to existing customers who have been impacted by this change, shortly, with details relevant to them. Find out full details here.

Our variable rate savings accounts have increased

Interest rates on the majority of our variable savings accounts have increased from 31 August 2023.

The majority of our variable rate savings products have increased from 31 August – you can find full details below. We will shortly be notifying those customers affected by email or by letter.

New rates effective from 31 August 2023.

Please note that some of our savings accounts listed below are not currently available for new account openings. If you would like to see details of our current saving accounts please click here.

 

AccountMinimum balance Current Rate Gross Current Rate Gross AER#New Rate Gross New Rate Gross AER#
Premium Saver (1)*~, (2)*~     
Annual Interest£5,000+3.50%3.50%4.30%4.30%
      
Premium Saver (3)*~     
Annual Interest£15,000+3.50%3.50%4.30%4.30%
      
Premium Saver (4)*~     
Annual Interest£10,000+3.50%3.50%4.30%4.30%
      
Premium Saver (5)*~, (6)*~     
Annual Interest£1,000+3.50%3.50%4.30%4.30%

 

AccountMinimum balance Current Rate Gross Current Rate Gross AER#New Rate Gross New Rate Gross AER#
Everyday Saver (1), (2), (3)     
Annual Interest£50,000+3.00%3.00%3.50%3.50%
 £100+2.90%2.90%3.40%3.40%
      
Branch Saver (1), (2), (3), (4), (5)     
Annual Interest£500+3.05%3.05%3.55%3.55%
 £1+2.95%2.95%3.45%3.45%
      
Online Saver (1), (2), (3), (4)     
Annual Interest£100+3.50%3.50%4.30%4.30%
      
AccountMinimum balance Current Rate Gross Current Rate Tax-free^AER#New Rate Gross New Rate Tax-free^AER#
Flexible ISA (1), (2), (3)     
Annual Interest£500+3.00%3.00%3.50%3.50%
AccountMinimum balance Current Rate Gross Current Rate Gross AER#New Rate Gross New Rate Gross AER#
35 Day Notice Saver (1), (2), (3)     
Annual Interest£50,000+3.30%3.30%4.00%4.00%
 £1,000+2.95%2.95%3.65%3.65%
      
Monthly Interest£50,000+3.25%3.30%3.93%4.00%
 £5,000+2.91%2.95%3.59%3.65%
      
Capital 90 (1) ~     
Annual Interest£20,000+4.25%4.25%5.10%5.10%
      
Monthly Interest£20,000+4.17%4.25%4.98%5.10%
      
Capital 90 (2) ~     
Annual Interest £20,000+4.25%4.25%5.10%5.10%
      
Monthly Interest£20,000+4.17%4.25%4.98%5.10%
      
Capital 120 (1)
    
Annual Interest£1,000+4.60%4.60%5.15%5.15%
      
Monthly Interest£1,000+4.51%4.60%5.03%5.15%
AccountMinimum balance Current Rate Gross Current Rate Gross AER#New Rate Gross New Rate Gross AER#
Junior Saver (1), (2)     
Annual Interest£3,000+4.10%4.10%4.50%4.50%
 £1,000+3.85%3.85%4.25%4.25%
 £1+3.85%3.85%4.25%4.25%
      
AccountMinimum balance Current Rate Gross Current Rate Tax-free^AER#New Rate Gross New Rate Tax-free^AER#
Junior Cash ISA (1), (2)     
Annual Interest£3,000+4.10%4.10%4.60%4.60%
 £1,000+3.85%3.85%4.35%4.35%
 £1+3.85%3.85%4.35%

4.35%

AccountMinimum balance Current Rate Gross Current Rate Gross AER#New Rate Gross New Rate Gross AER#
Family Security Account (1)     
Annual Interest£5,000+4.05%4.05%4.30%4.30%

Notes:

#AER stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.

^Interest is paid tax-free as it is currently exempt from income tax. The future tax treatment of Individual Savings Accounts may vary.

*A maximum withdrawal limit of £25,000 per day, per account applies. 

~ No additional funds can be paid into these account(s).

 

Do you need our help?

If you have questions or need our help please contact our friendly Savings Service Team.

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