Fixed Rate Saver - Savings Support
Current interest rates
Rates for accounts opened from 20/03/2024
Rates effective from 20/03/2024
| Length of Term | For balances between | AER/ gross p.a. | Monthly gross |
|---|---|---|---|
| 1 year | £5,000 - £1,000,000 | 4.90% | 4.90% |
| 2 years | £5,000 - £1,000,000 | 4.20% | 4.20% |
| 3 years | £5,000 - £1,000,000 | 4.10% | 4.10% |
| 4 years | £5,000 - £1,000,000 | 3.50% | 3.50% |
| 5 years | £5,000 - £1,000,000 | 3.50% | 3.50% |
Rates for accounts opened from 19/12/2023 to 19/03/2024
Rates effective from 19/12/2023
| Length of Term | For balances between | AER/ gross p.a. | Monthly gross |
|---|---|---|---|
| 1 year | £5,000 - £1,000,000 | 4.90% | 4.90% |
| 2 year | £5,000 - £1,000,000 | 4.30% | 4.30% |
| 3 year | £5,000 - £1,000,000 | 4.20% | 4.20% |
| 4 year | £5,000 - £1,000,000 | 4.10% | 4.10% |
| 5 year | £5,000 - £1,000,000 | 4.00% | 4.00% |
Rates for accounts opened from 17/10/2023 to 18/12/2023
Rates effective from 17/10/2023
| Length of Term | For balances between | AER/ gross p.a. | Monthly gross |
|---|---|---|---|
| 1 year | £5,000 - £1,000,000 | 5.25% | 5.25% |
| 2 year | £5,000 - £1,000,000 | 4.60% | 4.60% |
| 3 year | £5,000 - £1,000,000 | 4.50% | 4.50% |
| 4 year | £5,000 - £1,000,000 | 4.45% | 4.45% |
| 5 year | £5,000 - £1,000,000 | 4.40% | 4.40% |
Rates for accounts opened from 26/09/2023 to 16/10/2023
Rates effective from 26/09/2023
| Length of Term | For balances between | AER/ gross p.a. | Monthly gross |
|---|---|---|---|
| 1 year | £5,000 - £1,000,000 | 6.01% | 6.01% |
| 2 year | £5,000 - £1,000,000 | 5.20% | 5.20% |
| 3 year | £5,000 - £1,000,000 | 5.20% | 5.20% |
| 4 year | £5,000 - £1,000,000 | 5.00% | 5.00% |
| 5 year | £5,000 - £1,000,000 | 4.90% | 4.90% |
Rates for accounts opened from 25/07/2023 to 25/09/2023
Rates effective from 25/07/2023
| Length of Term | For balances between | AER/ gross p.a. | Monthly gross |
|---|---|---|---|
| 1 year | £5,000 - £1,000,000 | 4.60% | 4.60% |
| 2 year | £5,000 - £1,000,000 | 4.70% | 4.70% |
| 3 year | £5,000 - £1,000,000 | 4.90% | 4.90% |
| 4 year | £5,000 - £1,000,000 | 4.90% | 4.90% |
| 5 year | £5,000 - £1,000,000 | 4.80% | 4.80% |
Rate for Reserve Accounts opened from 01/11/2011
Rates effective from 11/10/2023
| For balances from | AER/ gross p.a. |
|---|---|
| £1+ | 1.30% |
Gross interest is the interest rate paid without the deduction of income tax. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded once each year.
Previous interest rates
Fixed Rate Saver - 1 year term
| For accounts opened | For balances between | Annual AER/ gross p.a. |
Monthly gross | Net p.a. |
|---|---|---|---|---|
| 04/04/23 to 24/07/23 | £5,000 - £1,000,000 | 4.01% | 4.01% | N/A |
| 08/03/23 to 03/04/23 | £5,000 - £1,000,000 | 3.50% | 3.50% | N/A |
| 08/12/22 to 07/03/23 | £5,000 - £1,000,000 | 3.25% | 3.25% | N/A |
| 20/10/22 to 07/12/22 | £5,000 - £1,000,000 | 3.50% | 3.50% | N/A |
| 07/07/22 to 19/10/22 | £5,000 - £1,000,000 | 2.00% | 2.00% | N/A |
| 22/06/22 to 06/07/22 | £5,000 - £1,000,000 | 2.50% | 2.50% | N/A |
| 15/06/22 to 21/06/22 | £5,000 - £1,000,000 | 2.36% | 2.36% | N/A |
| 06/04/22 to 14/06/22 | £5,000 - £1,000,000 | 1.70% | 1.70% | N/A |
| 29/03/22 to 05/04/22 | £5,000 - £1,000,000 | 1.50% | 1.50% | N/A |
| 27/01/22 to 28/03/22 | £5,000 - £1,000,000 | 1.00% | 1.00% | N/A |
| 18/11/21 to 26/01/22 | £5,000 - £1,000,000 | 0.65% | 0.65% | N/A |
| 05/10/21 to 17/11/21 | £5,000 - £1,000,000 | 0.45% | 0.45% | N/A |
| 20/07/21 to 04/10/21 | £5,000 - £1,000,000 | 0.35% | 0.35% | N/A |
| 21/01/21 to 19/07/21 | £5,000 - £1,000,000 | 0.25% | 0.25% | N/A |
| 09/12/20 to 20/01/21 | £5,000 - £1,000,000 | 0.40% | 0.40% | N/A |
| 24/07/20 to 08/12/20 | £5,000 - £1,000,000 | 0.45% | 0.45% | N/A |
| 29/05/20 to 23/07/20 | £5,000 - £1,000,000 | 0.55% | 0.55% | N/A |
| 30/04/20 to 28/05/20 | £5,000 - £1,000,000 | 0.75% | 0.75% | N/A |
| 07/04/20 to 29/04/20 | £5,000 - £1,000,000 | 0.90% | 0.90% | N/A |
| 12/03/20 to 06/04/20 | £5,000 - £1,000,000 | 0.94% | 0.94% | N/A |
| 08/11/19 to 11/03/20 | £5,000 - £1,000,000 | 1.09% | 1.09% | N/A |
| 16/10/19 to 07/11/19 | £5,000 - £1,000,000 | 1.15% | 1.15% | N/A |
| 19/09/19 to 15/10/19 | £5,000 - £1,000,000 | 1.30% | 1.30% | N/A |
| 29/08/19 to 18/09/19 | £5,000 - £1,000,000 | 1.38% | 1.38% | N/A |
| 17/04/19 to 28/08/19 | £5,000 - £1,000,000 | 1.40% | 1.40% | N/A |
| 28/02/19 to 16/04/19 | £5,000 - £1,000,000 | 1.50% | 1.50% | N/A |
| 23/08/18 to 27/02/19 | £5,000 - £1,000,000 | 1.45% | 1.45% | N/A |
| 17/07/18 to 22/08/18 | £5,000 - £1,000,000 | 1.40% | 1.40% | N/A |
| 19/12/17 to 16/07/18 | £5,000 - £1,000,000 | 1.45% | 1.45% | N/A |
| 02/11/17 to 18/12/17 | £5,000 - £1,000,000 | 1.25% | 1.25% | N/A |
| 21/09/17 to 01/11/17 | £5,000 - £200,000 | 1.25% | 1.25% | N/A |
| 13/07/17 to 29/08/17 | £5,000 - £200,000 | 1.20% | 1.20% | N/A |
| 10/03/17 to 12/07/17 | £5,000 - £200,000 | 1.10% | 1.10% | N/A |
| 23/02/17 to 09/03/17 | £5,000 - £200,000 | 1.05% | 1.05% | N/A |
| 26/01/17 to 22/02/17 | £5,000 - £200,000 | 1.00% | 1.00% | N/A |
| 17/11/16 to 25/01/17 | £5,000 - £200,000 | 0.95% | 0.95% | N/A |
| 18/08/16 to 16/11/16 | £5,000 - £200,000 | 1.00% | 1.00% | N/A |
| 12/07/16 to 17/08/16 | £5,000 - £200,000 | 1.15% | 1.15% | N/A |
| 14/04/16 to 11/07/16 | £5,000 - £200,000 | 1.30% | 1.30% | N/A |
| 06/04/16 to 13/04/16 | £5,000 - £200,000 | 1.40% | 1.40% | N/A |
| 02/03/16 to 05/04/16 | £5,000 - £200,000 | 1.40% | 1.40% | 1.12% |
| 08/01/16 to 01/03/16 | £5,000 - £200,000 | 1.50% | 1.50% | 1.20% |
| 14/11/15 to 07/01/16 | £5,000 - £50,000 | 1.60% | 1.60% | 1.28% |
| 10/07/15 to 15/11/15 | £5,000 - £50,000 | 1.55% | 1.55% | 1.24% |
| 21/05/15 to 09/07/15 | £5,000 - £50,000 | 1.45% | 1.45% | 1.16% |
| 17/03/15 to 20/05/15 | £5,000 - £50,000 | 1.40% | 1.40% | 1.12% |
| 16/01/15 to 16/03/15 | £5,000 - £50,000 | 1.45% | 1.45% | 1.16% |
| 06/01/15 to 15/01/15 | £5,000 - £50,000 | 1.50% | 1.50% | 1.20% |
| 01/10/14 to 05/01/15 | £5,000 - £50,000 | 1.45% | 1.45% | 1.16% |
| 02/09/14 to 22/09/14 | £5,000 - £50,000 | 1.50% | 1.50% | 1.20% |
| 01/08/14 to 01/09/14 | £5,000 - £50,000 | 1.45% | 1.45% | 1.16% |
| 10/07/14 to 22/07/14 | £5,000 - £50,000 | 1.45% | 1.45% | 1.16% |
| 01/07/14 to 09/07/14 | £5,000 - £50,000 | 1.40% | 1.40% | 1.12% |
| 03/06/14 to 30/06/14 | £5,000 - £50,000 | 1.35% | 1.35% | 1.08% |
| 01/05/14 to 16/05/14 | £5,000 - £50,000 | 1.40% | 1.40% | 1.12% |
| 03/03/14 to 11/03/14 | £5,000 - £50,000 | 1.60% | 1.60% | 1.28% |
| 04/02/14 to 20/02/14 | £5,000 - £50,000 | 1.60% | 1.60% | 1.28% |
| 15/01/14 to 21/01/14 | £5,000 - £50,000 | 1.60% | 1.60% | 1.28% |
| 07/01/14 to 14/01/14 | £5,000 - £50,000 | 1.65% | 1.65% | 1.32% |
| 18/10/13 to 17/12/13 | £5,000 - £50,000 | 1.70% | 1.70% | 1.36% |
| 01/10/13 to 17/10/13 | £5,000 - £50,000 | 1.60% | 1.60% | 1.28% |
| 13/08/13 to 17/09/13 | £5,000 - £50,000 | 1.70% | 1.70% | 1.36% |
| 01/08/13 to 12/08/13 | £5,000 - £50,000 | 1.60% | 1.60% | 1.28% |
| 01/07/13 to 15/07/13 | £5,000 - £50,000 | 1.80% | 1.80% | 1.44% |
| 03/06/13 to 24/06/13 | £5,000 - £50,000 | 1.75% | 1.75% | 1.40% |
| 01/05/13 to 10/05/13 | £5,000 - £50,000 | 1.90% | 1.90% | 1.52% |
| 01/03/13 to 15/03/13 | £5,000 - £50,000 | 2.00% | 2.00% | 1.60% |
| 01/02/13 to 08/02/13 | £5,000 - £50,000 | 2.20% | 2.20% | 1.76% |
| 08/01/13 to 24/01/13 | £5,000 - £50,000 | 2.05% | 2.05% | 1.64% |
| 01/10/12 to 10/10/12 | £5,000 - £50,000 | 3.00% | 3.00% | 2.40% |
| 30/08/12 to 05/09/12 | £5,000 - £50,000 | 3.26% | 3.26% | 2.60% |
| 28/07/12 to 24/08/12 | £5,000 - £50,000 | 3.26% | 3.26% | 2.60% |
| 12/07/12 to 27/07/12 | £5,000 - £50,000 | 3.40% | 3.40% | 2.72% |
| 27/06/12 to 11/07/12 | £5,000 - £50,000 | 3.21% | 3.21% | 2.56% |
| 01/06/12 to 19/06/12 | £5,000 - £50,000 | 3.15% | 3.15% | 2.52% |
| 21/05/12 to 31/05/12 | £5,000 - £50,000 | 3.20% | 3.20% | 2.56% |
| 26/03/12 to 19/04/12 | £5,000 - £50,000 | 3.30% | 3.30% | 2.64% |
| 27/10/11 to 02/12/11 | £5,000 - £50,000 | 3.40% | 3.40% | 2.72% |
| 15/06/11 to 28/06/11 | £5,000 - £50,000 | 3.35% | 3.35% | 2.68% |
| 23/05/11 to 14/06/11 | £5,000 - £50,000 | 3.40% | 3.40% | 2.72% |
| 12/04/11 to 22/05/11 | £5,000 - £50,000 | 3.35% | 3.35% | 2.68% |
| 22/03/11 to 11/04/11 | £5,000 - £50,000 | 3.25% | 3.25% | 2.60% |
| 03/03/11 to 21/03/11 | £5,000 - £50,000 | 3.00% | 3.00% | 2.40% |
| 21/01/11 to 02/02/11 | £5,000 - £50,000 | 3.20% | 3.20% | 2.56% |
| 07/10/10 to 20/01/11 | £5,000 - £50,000 | 3.00% | 3.00% | 2.40% |
| 01/10/10 to 17/10/10 | £5,000 - £50,000 | 3.00% | 3.00% | 2.40% |
| 01/09/10 to 30/09/10 | £5,000 - £50,000 | 2.80% | 2.80% | 2.24% |
Fixed Rate Saver - 2 year term
| For accounts opened | For balances between | Annual AER/ gross p.a. |
Monthly gross | Net p.a. |
|---|---|---|---|---|
| 04/04/23 to 24/07/23 | £5,000 - £1,000,000 | 4.05% | 4.05% | N/A |
| 08/03/23 to 03/04/23 | £5,000 - £1,000,000 | 3.70% | 3.70% | N/A |
| 08/12/22 to 07/03/23 | £5,000 - £1,000,000 | 3.50% | 3.50% | N/A |
| 20/10/22 to 07/12/22 | £5,000 - £1,000,000 | 4.31% | 4.31% | N/A |
| 07/07/22 to 19/10/22 | £5,000 - £1,000,000 | 2.35% | 2.35% | N/A |
| 22/06/22 to 06/07/22 | £5,000 - £1,000,000 | 2.90% | 2.90% | N/A |
| 15/06/22 to 21/06/22 | £5,000 - £1,000,000 | 2.72% | 2.72% | N/A |
| 06/04/22 to 14/06/22 | £5,000 - £1,000,000 | 2.10% | 2.10% | N/A |
| 29/03/22 to 05/04/22 | £5,000 - £1,000,000 | 1.80% | 1.80% | N/A |
| 27/01/22 to 28/03/22 | £5,000 - £1,000,000 | 1.20% | 1.20% | N/A |
| 18/11/21 to 26/01/22 | £5,000 - £1,000,000 | 0.90% | 0.90% | N/A |
| 05/10/21 to 17/11/21 | £5,000 - £1,000,000 | 0.55% | 0.55% | N/A |
| 20/07/21 to 04/10/21 | £5,000 - £1,000,000 | 0.45% | 0.45% | N/A |
| 21/01/21 to 19/07/21 | £5,000 - £1,000,000 | 0.30% | 0.30% | N/A |
| 09/12/20 to 20/01/21 | £5,000 - £1,000,000 | 0.45% | 0.45% | N/A |
| 24/07/20 to 08/12/20 | £5,000 - £1,000,000 | 0.50% | 0.50% | N/A |
| 29/05/20 to 23/07/20 | £5,000 - £1,000,000 | 0.60% | 0.60% | N/A |
| 30/04/20 to 28/05/20 | £5,000 - £1,000,000 | 0.80% | 0.80% | N/A |
| 07/04/20 to 29/04/20 | £5,000 - £1,000,000 | 0.95% | 0.95% | N/A |
| 12/03/20 to 06/04/20 | £5,000 - £1,000,000 | 1.01% | 1.01% | N/A |
| 08/11/19 to 11/03/20 | £5,000 - £1,000,000 | 1.12% | 1.12% | N/A |
| 16/10/19 to 07/11/19 | £5,000 - £1,000,000 | 1.18% | 1.18% | N/A |
| 19/09/19 to 15/10/19 | £5,000 - £1,000,000 | 1.33% | 1.33% | N/A |
| 29/08/19 to 18/09/19 | £5,000 - £1,000,000 | 1.42% | 1.42% | N/A |
| 17/04/19 to 28/08/19 | £5,000 - £1,000,000 | 1.55% | 1.55% | N/A |
| 24/01/19 to 16/04/19 | £5,000 - £1,000,000 | 1.65% | 1.65% | N/A |
| 23/08/18 to 23/01/19 | £5,000 - £1,000,000 | 1.70% | 1.70% | N/A |
| 17/07/18 to 22/08/18 | £5,000 - £1,000,000 | 1.65% | 1.65% | N/A |
| 28/06/18 to 16/07/18 | £5,000 - £1,000,000 | 1.70% | 1.70% | N/A |
| 07/06/18 to 27/06/18 | £5,000 - £1,000,000 | 1.80% | 1.80% | N/A |
| 20/03/18 to 06/06/18 | £5,000 - £1,000,000 | 1.85% | 1.85% | N/A |
| 19/12/17 to 19/03/18 | £5,000 - £1,000,000 | 1.75% | 1.75% | N/A |
| 02/11/17 to 18/12/17 | £5,000 - £1,000,000 | 1.65% | 1.65% | N/A |
| 21/09/17 to 01/11/17 | £5,000 - £200,000 | 1.65% | 1.65% | N/A |
| 30/08/17 to 20/09/17 | £5,000 - £200,000 | 1.55% | 1.55% | N/A |
| 13/07/17 to 29/08/17 | £5,000 - £200,000 | 1.50% | 1.50% | N/A |
| 22/06/17 to 12/07/17 | £5,000 - £200,000 | 1.45% | 1.45% | N/A |
| 27/04/17 to 21/06/17 | £5,000 - £200,000 | 1.30% | 1.30% | N/A |
| 10/03/17 to 26/04/17 | £5,000 - £200,000 | 1.25% | 1.25% | N/A |
| 12/01/17 to 09/03/17 | £5,000 - £200,000 | 1.20% | 1.20% | N/A |
| 27/10/16 to 11/01/17 | £5,000 - £200,000 | 1.15% | 1.15% | N/A |
| 18/08/16 to 26/10/16 | £5,000 - £200,000 | 1.10% | 1.10% | N/A |
| 12/07/16 to 17/08/16 | £5,000 - £200,000 | 1.30% | 1.30% | N/A |
| 06/04/16 to 11/07/16 | £5,000 - £200,000 | 1.55% | 1.55% | N/A |
| 02/03/16 to 05/04/16 | £5,000 - £200,000 | 1.55% | 1.55% | 1.24% |
| 08/01/16 to 02/03/16 | £5,000 - £200,000 | 1.75% | 1.75% | 1.40% |
| 18/12/15 to 07/01/16 | £5,000 - £50,000 | 1.85% | 1.85% | 1.48% |
| 14/11/15 to 17/12/15 | £5,000 - £50,000 | 1.95% | 1.95% | 1.56% |
| 04/09/15 to 15/11/15 | £5,000 - £50,000 | 1.90% | 1.90% | 1.52% |
| 11/08/15 to 03/09/15 | £5,000 - £50,000 | 1.80% | 1.80% | 1.44% |
| 21/05/15 to 10/08/15 | £5,000 - £50,000 | 1.75% | 1.75% | 1.40% |
| 30/04/15 to 20/05/15 | £5,000 - £50,000 | 1.70% | 1.70% | 1.36% |
| 08/04/15 to 28/04/15 | £5,000 - £50,000 | 1.65% | 1.65% | 1.32% |
| 17/03/15 to 07/04/15 | £5,000 - £50,000 | 1.70% | 1.70% | 1.36% |
| 18/02/15 to 16/03/15 | £5,000 - £50,000 | 1.75% | 1.75% | 1.40% |
| 16/01/15 to 17/02/15 | £5,000 - £50,000 | 1.85% | 1.85% | 1.48% |
| 06/01/15 to 15/01/15 | £5,000 - £50,000 | 1.90% | 1.90% | 1.52% |
| 02/12/14 to 05/01/15 | £5,000 - £50,000 | 1.85% | 1.85% | 1.48% |
| 17/10/14 to 01/12/14 | £5,000 - £50,000 | 1.90% | 1.90% | 1.52% |
| 01/10/14 to 16/10/14 | £5,000 - £50,000 | 1.95% | 1.95% | 1.56% |
| 23/09/14 to 30/09/14 | £5,000 - £50,000 | 1.90% | 1.90% | 1.52% |
| 01/08/14 to 01/09/14 | £5,000 - £50,000 | 1.85% | 1.85% | 1.48% |
| 10/07/14 to 31/07/14 | £5,000 - £50,000 | 1.75% | 1.75% | 1.40% |
| 01/07/14 to 09/07/14 | £5,000 - £50,000 | 1.70% | 1.70% | 1.36% |
| 03/06/14 to 30/06/14 | £5,000 - £50,000 | 1.65% | 1.65% | 1.32% |
| 01/05/14 to 02/06/14 | £5,000 - £50,000 | 1.65% | 1.65% | 1.32% |
| 01/04/14 to 30/04/14 | £5,000 - £50,000 | 1.65% | 1.65% | 1.32% |
| 12/03/14 to 19/03/14 | £5,000 - £50,000 | 1.80% | 1.80% | 1.44% |
| 03/03/14 to 11/03/14 | £5,000 - £50,000 | 1.95% | 1.95% | 1.56% |
| 04/02/14 to 20/02/14 | £5,000 - £50,000 | 2.00% | 2.00% | 1.60% |
| 15/01/14 to 21/01/14 | £5,000 - £50,000 | 2.00% | 2.00% | 1.60% |
| 07/01/14 to 14/01/14 | £5,000 - £50,000 | 2.05% | 2.05% | 1.64% |
| 18/10/13 to 16/12/13 | £5,000 - £50,000 | 2.10% | 2.10% | 1.68% |
| 01/10/13 to 17/10/13 | £5,000 - £50,000 | 2.05% | 2.05% | 1.64% |
| 10/09/13 to 20/09/13 | £5,000 - £50,000 | 2.10% | 2.10% | 1.68% |
| 01/08/13 to 09/09/13 | £5,000 - £50,000 | 2.05% | 2.05% | 1.64% |
| 01/07/13 to 31/07/13 | £5,000 - £50,000 | 2.05% | 2.05% | 1.64% |
| 03/06/13 to 30/06/13 | £5,000 - £50,000 | 1.90% | 1.90% | 1.52% |
| 01/05/13 to 17/05/13 | £5,000 - £50,000 | 2.20% | 2.20% | 1.76% |
| 12/04/13 to 23/04/13 | £5,000 - £50,000 | 2.30% | 2.30% | 1.84% |
| 01/03/13 to 19/03/13 | £5,000 - £50,000 | 2.30% | 2.30% | 1.84% |
| 01/02/13 to 21/02/13 | £5,000 - £50,000 | 2.45% | 2.45% | 1.96% |
| 23/01/13 to 29/01/13 | £5,000 - £50,000 | 2.45% | 2.45% | 1.96% |
| 08/01/13 to 22/01/13 | £5,000 - £50,000 | 2.30% | 2.30% | 1.84% |
| 04/12/12 to 10/12/12 | £5,000 - £50,000 | 2.60% | 2.60% | 2.08% |
| 01/10/12 to 12/10/12 | £5,000 - £50,000 | 3.10% | 3.10% | 2.48% |
| 17/09/12 to 27/09/12 | £5,000 - £50,000 | 3.25% | 3.25% | 2.60% |
| 03/09/12 to 05/09/12 | £5,000 - £50,000 | 3.50% | 3.50% | 2.80% |
| 04/08/12 to 24/08/12 | £5,000 - £50,000 | 3.50% | 3.50% | 2.80% |
| 01/08/12 to 03/08/12 | £5,000 - £50,000 | 3.65% | 3.65% | 2.92% |
| 12/07/12 to 20/07/12 | £5,000 - £50,000 | 3.75% | 3.75% | 3.00% |
| 21/06/12 to 11/07/12 | £5,000 - £50,000 | 3.61% | 3.61% | 2.88% |
| 01/06/12 to 20/06/12 | £5,000 - £50,000 | 3.50% | 3.50% | 2.80% |
| 01/05/12 to 15/05/12 | £5,000 - £50,000 | 3.65% | 3.65% | 2.92% |
| 26/03/12 to 17/04/12 | £5,000 - £50,000 | 3.75% | 3.75% | 3.00% |
| 27/10/11 to 05/12/11 | £5,000 - £50,000 | 3.76% | 3.76% | 3.01% |
| 15/06/11 to 28/06/11 | £5,000 - £50,000 | 3.85% | 3.85% | 3.08% |
| 08/06/11 to 14/06/11 | £5,000 - £50,000 | 3.90% | 3.90% | 3.12% |
| 23/05/11 to 07/06/11 | £5,000 - £50,000 | 3.95% | 3.95% | 3.16% |
| 12/04/11 to 22/05/11 | £5,000 - £50,000 | 3.85% | 3.85% | 3.08% |
| 22/03/11 to 11/04/11 | £5,000 - £50,000 | 3.75% | 3.75% | 3.00% |
| 03/03/11 to 21/03/11 | £5,000 - £50,000 | 3.50% | 3.50% | 2.80% |
| 01/10/10 to 17/10/10 | £5,000 - £50,000 | 3.50% | 3.50% | 2.80% |
| 01/09/10 to 13/09/10 | £5,000 - £50,000 | 3.55% | 3.55% | 2.84% |
| 02/08/10 to 20/08/10 | £5,000 - £50,000 | 3.55% | 3.55% | 2.84% |
| 03/06/10 to 12/07/10 | £5,000 - £50,000 | 3.55% | 3.55% | 2.84% |
| 22/02/10 to 19/03/10 | £5,000 - £50,000 | 3.75% | 3.75% | 3.00% |
Fixed Rate Saver - 3 year term
| For accounts opened | For balances between | Annual AER/ gross p.a. |
Monthly gross | Net p.a. |
|---|---|---|---|---|
| 04/04/23 to 24/07/23 | £5,000 - £1,000,000 | 3.90% | 3.90% | N/A |
| 08/03/23 to 03/04/23 | £5,000 - £1,000,000 | 3.75% | 3.75% | N/A |
| 08/12/22 to 07/03/23 | £5,000 - £1,000,000 | 3.55% | 3.55% | N/A |
| 20/10/22 to 07/12/22 | £5,000 - £1,000,000 | 4.41% | 4.41% | N/A |
| 07/07/22 to 19/10/22 | £5,000 - £1,000,000 | 2.36% | 2.36% | N/A |
| 22/06/22 to 06/07/22 | £5,000 - £1,000,000 | 2.91% | 2.91% | N/A |
| 15/06/22 to 21/06/22 | £5,000 - £1,000,000 | 2.77% | 2.77% | N/A |
| 06/04/22 to 14/06/22 | £5,000 - £1,000,000 | 2.15% | 2.15% | N/A |
| 29/03/22 to 05/04/22 | £5,000 - £1,000,000 | 1.90% | 1.90% | N/A |
| 27/01/22 to 28/03/22 | £5,000 - £1,000,000 | 1.30% | 1.30% | N/A |
| 18/11/21 to 26/01/22 | £5,000 - £1,000,000 | 0.95% | 0.95% | N/A |
| 05/10/21 to 17/11/21 | £5,000 - £1,000,000 | 0.60% | 0.60% | N/A |
| 20/07/21 to 04/10/21 | £5,000 - £1,000,000 | 0.55% | 0.55% | N/A |
| 21/01/21 to 19/07/21 | £5,000 - £1,000,000 | 0.40% | 0.40% | N/A |
| 09/12/20 to 20/01/21 | £5,000 - £1,000,000 | 0.55% | 0.55% | N/A |
| 24/07/20 to 08/12/20 | £5,000 - £1,000,000 | 0.60% | 0.60% | N/A |
| 29/05/20 to 23/07/20 | £5,000 - £1,000,000 | 0.70% | 0.70% | N/A |
| 30/04/20 to 28/05/20 | £5,000 - £1,000,000 | 0.90% | 0.90% | N/A |
| 07/04/20 to 29/04/20 | £5,000 - £1,000,000 | 1.00% | 1.00% | N/A |
| 12/03/20 to 06/04/20 | £5,000 - £1,000,000 | 1.05% | 1.05% | N/A |
| 08/11/19 to 11/03/20 | £5,000 - £1,000,000 | 1.15% | 1.15% | N/A |
| 16/10/19 to 07/11/19 | £5,000 - £1,000,000 | 1.21% | 1.21% | N/A |
| 19/09/19 to 15/10/19 | £5,000 - £1,000,000 | 1.35% | 1.35% | N/A |
| 29/08/19 to 18/09/19 | £5,000 - £1,000,000 | 1.45% | 1.45% | N/A |
| 17/04/19 to 28/08/19 | £5,000 - £1,000,000 | 1.65% | 1.65% | N/A |
| 24/01/19 to 16/04/19 | £5,000 - £1,000,000 | 1.75% | 1.75% | N/A |
| 23/08/18 to 23/01/19 | £5,000 - £1,000,000 | 1.80% | 1.80% | N/A |
| 17/07/18 to 22/08/18 | £5,000 - £1,000,000 | 1.75% | 1.75% | N/A |
| 28/06/18 to 16/07/18 | £5,000 - £1,000,000 | 1.80% | 1.80% | N/A |
| 07/06/18 to 27/06/18 | £5,000 - £1,000,000 | 1.90% | 1.90% | N/A |
| 20/03/18 to 06/06/18 | £5,000 - £1,000,000 | 1.95% | 1.95% | N/A |
| 19/12/17 to 19/03/18 | £5,000 - £1,000,000 | 1.90% | 1.90% | N/A |
| 02/11/17 to 18/12/17 | £5,000 - £1,000,000 | 1.80% | 1.80% | N/A |
| 21/09/17 to 01/11/17 | £5,000 - £200,000 | 1.80% | 1.80% | N/A |
| 30/08/17 to 20/09/17 | £5,000 - £200,000 | 1.70% | 1.70% | N/A |
| 13/07/17 to 29/08/17 | £5,000 - £200,000 | 1.65% | 1.65% | N/A |
| 22/06/17 to 12/07/17 | £5,000 - £200,000 | 1.55% | 1.55% | N/A |
| 27/04/17 to 21/06/17 | £5,000 - £200,000 | 1.45% | 1.45% | N/A |
| 23/02/17 to 26/04/17 | £5,000 - £200,000 | 1.40% | 1.40% | N/A |
| 26/01/17 to 22/02/17 | £5,000 - £200,000 | 1.35% | 1.35% | N/A |
| 12/01/17 to 25/01/17 | £5,000 - £200,000 | 1.30% | 1.30% | N/A |
| 01/09/16 to 11/01/17 | £5,000 - £200,000 | 1.20% | 1.20% | N/A |
| 18/08/16 to 31/08/16 | £5,000 - £200,000 | 1.15% | 1.15% | N/A |
| 12/07/16 to 17/08/16 | £5,000 - £200,000 | 1.45% | 1.45% | N/A |
| 06/04/16 to 11/07/16 | £5,000 - £200,000 | 1.70% | 1.70% | N/A |
| 02/03/16 to 05/04/16 | £5,000 - £200,000 | 1.70% | 1.70% | 1.36% |
| 08/01/16 to 02/03/16 | £5,000 - £200,000 | 2.05% | 2.05% | 1.64% |
| 14/11/15 to 07/01/16 | £5,000 - £50,000 | 2.15% | 2.15% | 1.72% |
| 04/09/15 to 15/11/15 | £5,000 - £50,000 | 2.10% | 2.10% | 1.68% |
| 21/08/15 to 03/09/15 | £5,000 - £50,000 | 2.05% | 2.05% | 1.64% |
| 21/05/15 to 20/08/15 | £5,000 - £50,000 | 2.00% | 2.00% | 1.60% |
| 30/04/15 to 20/05/15 | £5,000 - £50,000 | 1.95% | 1.95% | 1.56% |
| 08/04/15 to 28/04/15 | £5,000 - £50,000 | 1.90% | 1.90% | 1.52% |
| 18/02/15 to 07/04/15 | £5,000 - £50,000 | 1.95% | 1.95% | 1.56% |
| 16/01/15 to 17/02/15 | £5,000 - £50,000 | 2.05% | 2.05% | 1.64% |
| 17/12/14 to 15/01/15 | £5,000 - £50,000 | 2.20% | 2.20% | 1.76% |
| 31/10/14 to 16/12/14 | £5,000 - £50,000 | 2.25% | 2.25% | 1.80% |
| 01/10/14 to 17/10/14 | £5,000 - £50,000 | 2.30% | 2.30% | 1.84% |
| 23/09/14 to 30/09/14 | £5,000 - £50,000 | 2.25% | 2.25% | 1.80% |
| 01/08/14 to 01/09/14 | £5,000 - £50,000 | 2.20% | 2.20% | 1.76% |
| 10/07/14 to 31/07/14 | £5,000 - £50,000 | 2.15% | 2.15% | 1.72% |
| 01/07/14 to 09/07/14 | £5,000 - £50,000 | 2.05% | 2.05% | 1.64% |
| 03/06/14 to 30/06/14 | £5,000 - £50,000 | 2.00% | 2.00% | 1.60% |
| 01/05/14 to 02/06/14 | £5,000 - £50,000 | 1.95% | 1.95% | 1.56% |
| 01/04/14 to 30/04/14 | £5,000 - £50,000 | 2.00% | 2.00% | 1.60% |
| 12/03/14 to 31/03/14 | £5,000 - £50,000 | 2.05% | 2.05% | 1.64% |
| 15/01/14 to 11/03/14 | £5,000 - £50,000 | 2.15% | 2.15% | 1.72% |
| 07/01/14 to 14/01/14 | £5,000 - £50,000 | 2.20% | 2.20% | 1.76% |
| 01/10/13 to 27/12/13 | £5,000 - £50,000 | 2.20% | 2.20% | 1.76% |
| 01/07/13 to 31/07/13 | £5,000 - £50,000 | 2.15% | 2.15% | 1.72% |
| 03/06/13 to 30/06/13 | £5,000 - £50,000 | 2.10% | 2.10% | 1.68% |
| 01/05/13 to 23/05/13 | £5,000 - £50,000 | 2.35% | 2.35% | 1.88% |
| 02/04/13 to 12/04/13 | £5,000 - £50,000 | 2.40% | 2.40% | 1.92% |
| 01/03/13 to 15/03/13 | £5,000 - £50,000 | 2.55% | 2.55% | 2.04% |
| 08/01/13 to 22/01/13 | £5,000 - £50,000 | 2.35% | 2.35% | 1.88% |
| 04/12/12 to 17/12/12 | £5,000 - £50,000 | 2.70% | 2.70% | 2.16% |
| 01/10/12 to 19/10/12 | £5,000 - £50,000 | 3.25% | 3.25% | 2.60% |
| 17/09/12 to 20/09/12 | £5,000 - £50,000 | 3.50% | 3.50% | 2.80% |
| 03/09/12 to 05/09/12 | £5,000 - £50,000 | 3.75% | 3.75% | 3.00% |
| 01/08/12 to 16/08/12 | £5,000 - £50,000 | 3.75% | 3.75% | 3.00% |
| 12/07/12 to 25/07/12 | £5,000 - £50,000 | 3.85% | 3.85% | 3.08% |
| 01/06/12 to 11/07/12 | £5,000 - £50,000 | 3.75% | 3.75% | 3.00% |
| 01/05/12 to 14/05/12 | £5,000 - £50,000 | 3.85% | 3.85% | 3.08% |
| 26/03/12 to 20/04/12 | £5,000 - £50,000 | 3.90% | 3.90% | 3.12% |
| 27/10/11 to 16/12/11 | £5,000 - £50,000 | 3.90% | 3.90% | 3.12% |
| 15/06/11 to 28/06/11 | £5,000 - £50,000 | 4.10% | 4.10% | 3.28% |
| 23/05/11 to 14/06/11 | £5,000 - £50,000 | 4.20% | 4.20% | 3.36% |
| 22/03/11 to 22/05/11 | £5,000 - £50,000 | 4.05% | 4.05% | 3.24% |
| 03/03/11 to 21/03/11 | £5,000 - £50,000 | 4.00% | 4.00% | 3.20% |
| 21/01/11 to 10/02/11 | £5,000 - £50,000 | 4.00% | 4.00% | 3.20% |
| 01/10/10 to 17/10/10 | £5,000 - £50,000 | 4.00% | 4.00% | 3.20% |
Fixed Rate Saver - 4 year term
| For accounts opened | For balances between | Annual AER/ gross p.a. |
Monthly gross | Net p.a. |
|---|---|---|---|---|
| 04/04/23 to 24/07/23 | £5,000 - £1,000,000 | 3.75% | 3.75% | N/A |
| 08/03/23 to 03/04/23 | £5,000 - £1,000,000 | 3.75% | 3.75% | N/A |
| 08/12/22 to 07/03/23 | £5,000 - £1,000,000 | 3.60% | 3.60% | N/A |
| 20/10/22 to 07/12/22 | £5,000 - £1,000,000 | 4.45% | 4.45% | N/A |
| 07/07/22 to 19/10/22 | £5,000 - £1,000,000 | 2.37% | 2.37% | N/A |
| 22/06/22 to 06/07/22 | £5,000 - £1,000,000 | 2.92% | 2.92% | N/A |
| 15/06/22 to 21/06/22 | £5,000 - £1,000,000 | 2.78% | 2.78% | N/A |
| 06/04/22 to 14/06/22 | £5,000 - £1,000,000 | 2.20% | 2.20% | N/A |
| 29/03/22 to 05/04/22 | £5,000 - £1,000,000 | 1.95% | 1.95% | N/A |
| 27/01/22 to 28/03/22 | £5,000 - £1,000,000 | 1.35% | 1.35% | N/A |
| 18/11/21 to 26/01/22 | £5,000 - £1,000,000 | 1.00% | 1.00% | N/A |
| 05/10/21 to 17/11/21 | £5,000 - £1,000,000 | 0.70% | 0.70% | N/A |
| 20/07/21 to 04/10/21 | £5,000 - £1,000,000 | 0.60% | 0.60% | N/A |
| 21/01/21 to 19/07/21 | £5,000 - £1,000,000 | 0.45% | 0.45% | N/A |
| 09/12/20 to 20/01/21 | £5,000 - £1,000,000 | 0.60% | 0.60% | N/A |
| 24/07/20 to 08/12/20 | £5,000 - £1,000,000 | 0.65% | 0.65% | N/A |
| 29/05/20 to 23/07/20 | £5,000 - £1,000,000 | 0.75% | 0.75% | N/A |
| 30/04/20 to 28/05/20 | £5,000 - £1,000,000 | 0.95% | 0.95% | N/A |
| 07/04/20 to 29/04/20 | £5,000 - £1,000,000 | 1.05% | 1.05% | N/A |
| 12/03/20 to 06/04/20 | £5,000 - £1,000,000 | 1.07% | 1.07% | N/A |
| 08/11/19 to 11/03/20 | £5,000 - £1,000,000 | 1.19% | 1.19% | N/A |
| 16/10/19 to 07/11/19 | £5,000 - £1,000,000 | 1.25% | 1.25% | N/A |
| 19/09/19 to 15/10/19 | £5,000 - £1,000,000 | 1.40% | 1.40% | N/A |
| 29/08/19 to 18/09/19 | £5,000 - £1,000,000 | 1.50% | 1.50% | N/A |
| 17/04/19 to 28/08/19 | £5,000 - £1,000,000 | 1.70% | 1.70% | N/A |
| 24/01/19 to 16/04/19 | £5,000 - £1,000,000 | 1.80% | 1.80% | N/A |
| 23/08/18 to 23/01/19 | £5,000 - £1,000,000 | 1.85% | 1.85% | N/A |
| 17/07/18 to 22/08/18 | £5,000 - £1,000,000 | 1.80% | 1.80% | N/A |
| 28/06/18 to 16/07/18 | £5,000 - £1,000,000 | 1.85% | 1.85% | N/A |
| 07/06/18 to 27/06/18 | £5,000 - £1,000,000 | 2.00% | 2.00% | N/A |
| 20/03/18 to 06/06/18 | £5,000 - £1,000,000 | 2.05% | 2.05% | N/A |
| 19/12/17 to 19/03/18 | £5,000 - £1,000,000 | 2.00% | 2.00% | N/A |
| 02/11/17 to 18/12/17 | £5,000 - £1,000,000 | 1.85% | 1.85% | N/A |
| 21/09/17 to 01/11/17 | £5,000 - £200,000 | 1.85% | 1.85% | N/A |
| 30/08/17 to 20/09/17 | £5,000 - £200,000 | 1.75% | 1.75% | N/A |
| 13/07/17 to 29/08/17 | £5,000 - £200,000 | 1.70% | 1.70% | N/A |
| 15/06/17 to 12/07/17 | £5,000 - £50,000 | 1.65% | 1.65% | N/A |
| 01/07/13 to 31/07/13 | £5,000 - £50,000 | 2.20% | 2.20% | 1.76% |
| 01/07/13 to 31/07/13 | £5,000 - £50,000 | 2.20% | 2.20% | 1.76% |
| 02/04/13 to 01/05/13 | £5,000 - £50,000 | 2.45% | 2.45% | 1.96% |
| 01/03/13 to 15/03/13 | £5,000 - £50,000 | 2.70% | 2.70% | 2.16% |
| 01/02/13 to 28/02/13 | £5,000 - £200,000 | 2.60% | 2.60% | 2.08% |
| 01/02/13 to 28/02/13 | £5,000 - £200,000 | 2.60% | 2.60% | 2.08% |
| 08/01/13 to 22/01/13 | £5,000 - £200,000 | 2.40% | 2.40% | 1.92% |
| 01/11/12 to 21/11/12 | £5,000 - £200,000 | 3.00% | 3.00% | 2.40% |
| 01/10/12 to 19/10/12 | £5,000 - £200,000 | 3.35% | 3.35% | 2.65% |
| 03/09/12 to 05/09/12 | £5,000 - £200,000 | 3.90% | 3.90% | 3.12% |
Fixed Rate Saver - 5 year term
| For accounts opened | For balances between | Annual AER/ gross p.a. |
Monthly gross | Net p.a. |
|---|---|---|---|---|
| 04/04/23 to 24/07/23 | £5,000 - £1,000,000 | 3.75% | 3.75% | N/A |
| 08/03/23 to 03/04/23 | £5,000 - £1,000,000 | 3.75% | 3.75% | N/A |
| 08/12/22 to 07/03/23 | £5,000 - £1,000,000 | 3.65% | 3.65% | N/A |
| 20/10/22 to 07/12/22 | £5,000 - £1,000,000 | 4.50% | 4.50% | N/A |
| 07/07/22 to 19/10/22 | £5,000 - £1,000,000 | 2.38% | 2.38% | N/A |
| 22/06/22 to 06/07/22 | £5,000 - £1,000,000 | 2.93% | 2.93% | N/A |
| 15/06/22 to 21/06/22 | £5,000 - £1,000,000 | 2.79% | 2.79% | N/A |
| 06/04/22 to 14/06/22 | £5,000 - £1,000,000 | 2.30% | 2.30% | N/A |
| 29/03/22 to 05/04/22 | £5,000 - £1,000,000 | 2.10% | 2.10% | N/A |
| 27/01/22 to 28/03/22 | £5,000 - £1,000,000 | 1.45% | 1.45% | N/A |
| 18/11/21 to 26/01/22 | £5,000 - £1,000,000 | 1.05% | 1.05% | N/A |
| 05/10/21 to 17/11/21 | £5,000 - £1,000,000 | 0.80% | 0.80% | N/A |
| 20/07/21 to 04/10/21 | £5,000 - £1,000,000 | 0.65% | 0.65% | N/A |
| 21/01/21 to 19/07/21 | £5,000 - £1,000,000 | 0.50% | 0.50% | N/A |
| 09/12/20 to 20/01/21 | £5,000 - £1,000,000 | 0.65% | 0.65% | N/A |
| 24/07/20 to 08/12/20 | £5,000 - £1,000,000 | 0.70% | 0.70% | N/A |
| 29/05/20 to 23/07/20 | £5,000 - £1,000,000 | 0.80% | 0.80% | N/A |
| 30/04/20 to 28/05/20 | £5,000 - £1,000,000 | 1.00% | 1.00% | N/A |
| 07/04/20 to 29/04/20 | £5,000 - £1,000,000 | 1.10% | 1.10% | N/A |
| 12/03/20 to 06/04/20 | £5,000 - £1,000,000 | 1.11% | 1.11% | N/A |
| 08/11/19 to 11/03/20 | £5,000 - £1,000,000 | 1.24% | 1.24% | N/A |
| 16/10/19 to 07/11/19 | £5,000 - £1,000,000 | 1.30% | 1.30% | N/A |
| 19/09/19 to 15/10/19 | £5,000 - £1,000,000 | 1.43% | 1.43% | N/A |
| 29/08/19 to 18/09/19 | £5,000 - £1,000,000 | 1.53% | 1.53% | N/A |
| 17/04/19 to 28/08/19 | £5,000 - £1,000,000 | 1.80% | 1.80% | N/A |
| 24/01/19 to 16/04/19 | £5,000 - £1,000,000 | 1.90% | 1.90% | N/A |
| 23/08/18 to 23/01/19 | £5,000 - £1,000,000 | 1.95% | 1.95% | N/A |
| 17/07/18 to 22/08/18 | £5,000 - £1,000,000 | 1.90% | 1.90% | N/A |
| 28/06/18 to 16/07/18 | £5,000 - £1,000,000 | 1.95% | 1.95% | N/A |
| 07/06/18 to 27/06/18 | £5,000 - £1,000,000 | 2.05% | 2.05% | N/A |
| 20/03/18 to 06/06/18 | £5,000 - £1,000,000 | 2.10% | 2.10% | N/A |
| 19/12/17 to 19/03/18 | £5,000 - £1,000,000 | 2.05% | 2.05% | N/A |
| 02/11/17 to 18/12/17 | £5,000 - £1,000,000 | 1.90% | 1.90% | N/A |
| 21/09/17 to 01/11/17 | £5,000 - £200,000 | 1.90% | 1.90% | N/A |
| 30/08/17 to 20/09/17 | £5,000 - £200,000 | 1.80% | 1.80% | N/A |
| 31/05/17 to 29/08/17 | £5,000 - £200,000 | 1.75% | 1.75% | N/A |
| 01/07/13 to 31/07/13 | £5,000 - £50,000 | 2.25% | 2.25% | 1.80% |
| 02/04/13 to 01/05/13 | £5,000 - £50,000 | 2.50% | 2.50% | 2.00% |
| 01/03/13 to 14/03/13 | £5,000 - £50,000 | 2.75% | 2.75% | 2.20% |
| 01/02/13 to 28/02/13 | £5,000 - £50,000 | 2.65% | 2.65% | 2.12% |
| 08/01/13 to 22/01/13 | £5,000 - £50,000 | 2.45% | 2.45% | 1.96% |
| 01/11/12 to 14/11/12 | £5,000 - £200,000 | 3.20% | 3.20% | 2.56% |
| 01/10/12 to 15/10/12 | £5,000 - £200,000 | 3.50% | 3.50% | 2.80% |
| 03/09/12 to 05/09/12 | £5,000 - £200,000 | 4.00% | 4.00% | 3.20% |
Rate for Reserve Accounts opened from 01/11/2011
Rates effective from 01/06/2023 to 10/10/2023
| For balances from | AER/ gross p.a. |
|---|---|
| £1+ | 0.50% |
Rates effective from 20/10/2022 to 31/05/2023
| For balances from | AER/ gross p.a. |
|---|---|
| £1+ | 0.40% |
Rate for Reserve Accounts opened from 23/04/2020
Rates effective from 11/05/2020 to 19/10/2022
| For balances from | AER/ gross p.a. |
|---|---|
| £1+ | 0.01% |
Rate for Reserve Accounts opened from 18/03/2020 to 22/04/2020
Rates effective from 30/05/2020 to 19/10/2022
| For balances from | AER/ gross p.a. |
|---|---|
| £1+ | 0.01% |
Rate for Reserve Accounts opened from 01/11/2011 to 17/03/2020
Rates effective from 30/05/2020 to 19/10/2022
| For balances from | AER/ gross p.a. |
|---|---|
| £1+ | 0.01% |
Rate for Reserve Accounts opened from 11/04/2019 to 17/03/2020
Rates effective from 11/04/2019 to 10/05/2020
| For balances from | AER/ gross p.a. |
|---|---|
| £1+ | 0.10% |
Rate for Reserve Accounts opened from 01/11/2011 to 10/04/2019
Rates effective from 01/11/2011 to 10/05/2020
| For balances from | AER/ gross p.a. |
|---|---|
| £1+ | 0.50% |
Gross interest is the interest rate paid without the deduction of income tax. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded once each year.
Rollover interest rates
You can find our current interest rates here.
If your account has already matured, and you’ve chosen to roll into a new Fixed Rate Saver, you can find your new interest rate within Online Banking. We’ll also confirm your interest rate in your welcome letter.
Next steps
Once you've successfully applied for a Fixed Rate Saver, follow these two simple steps to fully open your account:
- Verify your identity
- Make a payment to your account within the first 30 days of account opening — you can make multiple payments within this period
Verify your identity
Make a payment to your account within the first 30 days of account opening — you can make multiple payments within this period
Verify your identity
To comply with Money Laundering regulations, we need to verify your identity. We’ll try to electronically confirm your name and address. If we can't do this, we'll ask you to send us specific documents.
See what ID documents we accept.
Make a payment to your account
To keep your account open you'll need to make a payment to it within 30 days. There are two easy ways to do this.
- Bank transfer
- Cheque
There’s more information about this in 'How to pay in'.
What happens on maturity?
We’ll write to you 14 days before your account matures to let you know your options. You can choose to:
- Re-invest some or all of your funds in another Fixed Rate Saver — if one is available at that time
- Transfer some or all your funds into your nominated account or another Sainsbury's Bank account
On maturity, interest is paid one day after the maturity date. The interest payment will be increased to reflect this.
If we do not hear from you by maturity we will automatically transfer your maturing Fixed Rate Saver into a Sainsbury’s Bank Reserve Account, and we will let you know the interest rate on this account.
How is interest paid?
We calculate interest daily and pay it to your nominated account monthly or annually on the anniversary of account opening. Interest is paid gross, there is no income tax deducted.
On maturity, interest is paid one day after the maturity date. The interest payment will be increased to reflect this.
Manage your account online
Register for online banking to access your account anytime, anywhere. You can:
- View your transactions
- Change some personal details
- Send and receive secure messages about your account
- Give us your maturity instructions
Need help?
Find out more about registering for and using online banking.
If you've forgotten your username, click on 'I have forgotten my username' on the 'Log in' page. You'll then need to fill in some personal details and your username will appear on the screen.
If you've forgotten your other log in details, click on 'I have forgotten my login details' on the 'Log in' page. You'll need to fill in some personal details and what you'd like your new log in details to be. We'll then verify this by sending you a one-time code to the mobile phone number we have on record for you, and ask you to use the code to verify your identity. You'll receive a confirmation email when this is complete.
If you're still having issues, give us a call. Telephone calls may be recorded for security purposes and monitored under our quality control procedures. Calls are free from a landline and from a mobile when calling from the UK.
Manage your account by phone
To manage your account by phone just call us. We’re open Monday to Friday 8am-10pm and 8am-6pm at weekends. Our touchtone service is available 24 hours a day, seven days a week. Telephone calls may be recorded for security purposes and monitored under our quality control procedures. Calls are free from a landline and from a mobile when calling from the UK.
- Check or change your account details
- Service your account
Charges
If you make a transfer from your account using CHAPS, there’s a charge of £25 for each transfer up to a maximum of £50.
Frequently Asked Questions
What is the minimum age limit to open a Fixed Rate Saver?
18 years old.
Is there a minimum limit?
The minimum amount you can invest in a Fixed Rate Saver account is £5,000.
Is there a maximum limit?
The maximum you can have in a Fixed Rate Saver Account is £1,000,000
The maximum total amount you can have in all your accounts (whether in your name or held jointly) is £2,000,000.
Why is my interest paid gross?
On 6 April 2016 the Government introduced a Personal Savings Allowance (PSA) which enables individuals to earn interest on their savings tax free, up to a certain allowance. The allowance depends on the individual’s income: basic rate tax payers are able earn up to £1,000 in savings interest tax free and higher rate tax payers will be able to earn £500 tax free. Additional rate tax payers will not have a Personal Savings Allowance. As a result of this change, from 6 April 2016 all banks, including Sainsbury’s Bank, will start paying savings interest gross, with no tax deducted.
How do I withdraw money?
Sorry, you can’t withdraw or close your account before maturity.
What happens if I switch my current account which is also my nominated account?
If we’re notified by another bank that you’re using the Current Account Switch Service, we’ll write to you and ask you to call us to confirm that these instructions are correct. Once you’ve done that we’ll update your nominated account details on our online banking service.
Can I set up Direct Debits?
No, you can’t operate Direct Debits on this account.
Can I use this account to pay bills?
No. Payments for bills such as gas, electricity, council tax etc. aren’t permitted.
Are there any standard charges on the account?
There are no standard charges, but if you use any additional banking services you may be charged. We’ll always let you know if you request a service that carries a charge.
Can Fixed Rate Saver be used for a business, club or association or a charity?
No, it’s only available for personal use.
Can I open a joint Fixed Rate Saver?
Yes. Both parties to a joint account will get individual, passwords and security details for Online Banking.
Can I discuss my partner’s account?
No, to comply with the Data Protection Act, we can only discuss accounts with the account holder unless a valid Power of Attorney Document has been registered with Sainsbury's Bank.
How do I change my personal details?
If you’re registered for online banking you can change your personal details online. Just select what you want to change from the 'My details' tab. For security reasons, you can't change your mobile number online - it is important that you keep your mobile number up-to-date as you need it if you need service your account. If you need to change your mobile number or if you're not registered for online banking, just give us a call. We’re open Monday to Friday 8am–10pm and 8am–6pm at weekends.
Can I manage an account on someone else's behalf?
Yes, you will need to apply for Power of Attorney authorisation.
Can I request a copy of my statement?
You can access copies of your statements via Online Banking. If you need us to print a new statement for you, there may be a charge for this.