Easy Saver rates

Easy Saver with bonus

Accounts opened from 11 November 2022

Amount invested Gross/AER %*
£1+ 1.50%
£25,000+ 1.60%
£50,000+ 1.70%
£100,000+ 1.80%
These interest rates are correct as at 14/09/2023. 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.

The gross rates shown include 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.

Easy Saver without bonus

Amount invested Gross/AER %*
£1+ 1.40%
£25,000+ 1.50%
£50,000+ 1.60%
£100,000+ 1.70%
These interest rates are correct as at 14/09/2023. 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 previous rates.

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. 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.

Previous rates

Easy Saver – accounts opened between 12 April 2022 and 10 November 2022

Account balance Variable annual interest with 12 month bonus Variable annual interest without 12 month bonus
Gross/AER %  Gross/AER %
£1+ 1.45% 1.40%
£25,000+ 1.55% 1.50%
£50,000+ 1.65% 1.60%
£100,000+ 1.75% 1.70%

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.

Accounts opened received a fixed introductory bonus of 0.05% gross/AER payable for 12 months from the date of account opening. At the end of the bonus period, variable rates without bonus will apply. Interest is paid once a year on the anniversary of account opening.

These interest rates were correct from 14/09/2023