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On Thursday 1 August, the Bank of England decreased the base rate by 0.25% from 5.25% to 5.00%. As a result we’ve reduced the rates on our variable rate savings accounts.
We’ll write to our existing members to confirm our new interest rates which will take effect from 20 September.
E-Saver Plus - Issue 3
Online only
Interest Rate
4.61%
Gross/AER Variable
Key Information
- Manage your money quickly and easily online
- Open an account with just £100
- Save up to £1,000,000 in your account
- Designed for those who can withdraw 4 times or fewer per year
Withdrawals Permitted
Yes
Opening Balance
£100 minimum
Interest Rate
4.61%
Gross/AER Variable
More
Less
Saver Plus - Issue 3
Face to Face or by Post
Interest Rate
4.61%
Gross/AER Variable
Key Information
- The account can be opened face to face in our Relationship Centres or by post
- Open an account with as little as £100, up to £1,000,000
- Designed for those who can withdraw 4 times or fewer per year
- Passbook based savings account
Withdrawals Permitted
Yes
Opening Balance
£100 minimum
Interest Rate
4.61%
Gross/AER Variable
More
Less
Member Savings Bond 182
Face to Face or by Post
Interest Rate
4.25%
Gross/AER Fixed
Key Information
- 4.25% Gross/AER fixed until 28 October 2026
- You can invest from £500 up to £1,000,000 in each bond
- Typically offers a higher interest rate than our Savings Bonds
- Accounts can be opened in our Relationship Centres or by post by existing members who have held a product with us for at least 12 consecutive months prior to the date of application
Withdrawals Permitted
No
Opening Balance
£500 minimum
Interest Rate
4.25%
Gross/AER Fixed
More
Less
Member Savings Bond 181
Face to Face or by Post
Interest Rate
4.41%
Gross/AER Fixed
Key Information
- 4.41% Gross/AER fixed until 24 September 2025
- You can invest from £500 up to £1,000,000 in each bond
- Typically offers a higher interest rate than our Savings Bonds
- Accounts can be opened in our Relationship Centres or by post by existing members who have held a product with us for at least 12 consecutive months prior to the date of application
Withdrawals Permitted
No
Opening Balance
£500 minimum
Interest Rate
4.41%
Gross/AER Fixed
More
Less
E-Savings Bond 184
Online only
Interest Rate
4.15%
Gross/AER Fixed
Key Information
- 4.15% Gross/AER fixed until 28 October 2026
- You can invest from £500 up to £1,000,000 in each bond
- Ideal for lump sum deposits
- Open and manage online
Withdrawals Permitted
No
Opening Balance
£500 minimum
Interest Rate
4.15%
Gross/AER Fixed
More
Less
E-Savings Bond 183
Online only
Interest Rate
4.31%
Gross/AER Fixed
Key Information
- 4.31% Gross/AER fixed until 24 September 2025
- You can invest from £500 up to £1,000,000 in each bond
- Ideal for lump sum deposits
- Open and manage online
Withdrawals Permitted
No
Opening Balance
£500 minimum
Interest Rate
4.31%
Gross/AER Fixed
More
Less
Savings Bond 184
Face to Face or by Post
Interest Rate
4.15%
Gross/AER Fixed
Key Information
- 4.15% Gross/AER fixed until 28 October 2026
- You can invest from £500 up to £1,000,000 in each bond
- Ideal for lump sum deposits
- The account can be opened face to face in our Relationship Centres or by post
Withdrawals Permitted
No
Opening Balance
£500 minimum
Interest Rate
4.15%
Gross/AER Fixed
More
Less
Savings Bond 183
Face to Face or by Post
Interest Rate
4.31%
Gross/AER Fixed
Key Information
- 4.31% Gross/AER fixed until 24 September 2025
- You can invest from £500 up to £1,000,000 in each bond
- Ideal for lump sum deposits
- The account can be opened face to face in our Relationship Centres or by post
Withdrawals Permitted
No
Opening Balance
£500 minimum
Interest Rate
4.31%
Gross/AER Fixed
More
Less
2 Year Members Fixed Rate ISA - Issue 52
Face to Face or by Post
Interest Rate
4.25%
Tax-Free/AER Fixed
Key Information
- 4.25% Tax-Free/AER fixed until 21 October 2026
- You can invest from £500 up to £1,000,000 in each account
- Typically offers a higher interest rate than our Fixed Rate ISAs
- Accounts can be opened in our Relationship Centres or by post by existing members who have held a product with us for at least 12 consecutive months prior to the date of application
Withdrawals Permitted
Yes, but will incur a penalty of 180 days interest on the amount withdrawn.
Opening Balance
£500 minimum
Interest Rate
4.25%
Tax-Free/AER Fixed
More
Less
1 Year Members Fixed Rate ISA - Issue 51
Face to Face or by Post
Interest Rate
4.41%
Tax-Free/AER Fixed
Key Information
- 4.41% Tax-Free/AER fixed until 17 September 2025
- You can invest from £500 up to £1,000,000 in each account
- Typically offers a higher interest rate than our Fixed Rate ISAs
- Accounts can be opened in our Relationship Centres or by post by existing members who have held a product with us for at least 12 consecutive months prior to the date of application
Withdrawals Permitted
Yes, but will incur a penalty of 90 days interest on the amount withdrawn.
Opening Balance
£500 minimum
Interest Rate
4.41%
Tax-Free/AER Fixed
More
Less
2 Year Fixed Rate E-ISA - Issue 54
Online only
Interest Rate
4.15%
Tax-Free/AER Fixed
Key Information
- 4.15% Tax Free/AER fixed until 21 October 2026
- Guaranteed interest rate for the term of the account
- Typically offers a higher interest rate than our Cash ISA
- Open with a deposit of between £500 and £20,000
Withdrawals Permitted
Yes, but will incur a penalty of 180 days interest on the amount withdrawn.
Opening Balance
£500 minimum
Interest Rate
4.15%
Tax-Free/AER Fixed
More
Less
1 Year Fixed Rate E-ISA - Issue 53
Online only
Interest Rate
4.31%
Tax-Free/AER Fixed
Key Information
- 4.31% Tax Free/AER fixed until 17 September 2025
- Guaranteed interest rate for the term of the account
- Typically offers a higher interest rate than our Cash ISA
- Open with a deposit of between £500 and £20,000
Withdrawals Permitted
Yes, but will incur a penalty of 90 days interest on the amount withdrawn.
Opening Balance
£500 minimum
Interest Rate
4.31%
Tax-Free/AER Fixed
More
Less
2 Year Fixed Rate ISA - Issue 54
Face to Face or by Post
Interest Rate
4.15%
Tax-Free/AER Fixed
Key Information
- 4.15% Tax-free/AER fixed until 21 October 2026
- Guaranteed interest rate for the term of the account
- Typically offers a higher interest rate than our Cash ISA
- Open with a deposit of between £500 and £20,000
Withdrawals Permitted
Yes, but will incur a penalty of 180 days interest on the amount withdrawn
Opening Balance
£500 minimum
Interest Rate
4.15%
Tax-Free/AER Fixed
More
Less
1 Year Fixed Rate ISA - Issue 53
Face to Face or by Post
Interest Rate
4.31%
Tax-Free/AER Fixed
Key Information
- 4.31% Tax-free/AER fixed until 17 September 2025
- Guaranteed interest rate for the term of the account
- Typically offers a higher interest rate than our Cash ISA
- Open with a deposit of between £500 and £20,000
Withdrawals Permitted
Yes, but will incur a penalty of 90 days interest on the amount withdrawn.
Opening Balance
£500 minimum
Interest Rate
4.31%
Tax-Free/AER Fixed
More
Less
E-ISA
Online only
Interest Rate
3.75%
Tax-Free/AER Variable
Key Information
- Tax-free returns to help your savings grow
- Manage your money quickly and easily online
- Deposits can be made at any time during the tax year, subject to your annual ISA allowance
- Open with £100 and save up to £20,000 each tax year
Withdrawals Permitted
Yes
Opening Balance
£100 minimum
Interest Rate
3.75%
Tax-Free/AER Variable
More
Less
Cash ISA
Face to Face or by Post
Interest Rate
3.75%
Tax-Free/AER Variable
Key Information
- Tax-free returns to help your savings grow
- Instant access to your money
- Deposits can be made at any time during the tax year, subject to your annual ISA allowance
- Open with £100 and save up to £20,000 each tax year
Withdrawals Permitted
Yes
Opening Balance
£100 minimum
Interest Rate
3.75%
Tax-Free/AER Variable
More
Less
30 Day Notice
Face to Face or by Post
Interest Rate
3.75%
Gross/AER Variable
Key Information
- Higher interest rate than Instant Access Saver
- 30 days' notice required for withdrawals
- Open an account with as little as £1, up to £1,000,000
- The account can be opened face to face in our Relationship Centres or by post
Withdrawals Permitted
Yes. 30 days' notice is needed
Opening Balance
£1 minimum
Interest Rate
3.75%
Gross/AER Variable
More
Less
Online Saver
Online only
Interest Rate
3.60%
Gross/AER Variable
Key Information
- Manage your money quickly and easily online
- Open an account with just £100
- Save up to £1,000,000 in your account
- Deposit and withdraw any time you want
Withdrawals Permitted
Yes
Opening Balance
£100 minimum
Interest Rate
3.60%
Gross/AER Variable
More
Less
Instant Access Saver
Face to Face or by Post
Interest Rate
3.60%
Gross/AER Variable
Key Information
- The account can be opened face to face in our Relationship Centres or by post
- Open an account with as little as £1, up to £1,000,000
- Instant access to your money
- Passbook based savings account
Withdrawals Permitted
Yes
Opening Balance
£1 minimum
Interest Rate
3.60%
Gross/AER Variable
More
Less
Client Account Online
Business Account
Interest Rate
1.90%
Gross/AER Variable
Key Information
- Maximum balance (on each designated account) £2m (unless agreed otherwise)
- Maximum aggregate balance £10m (unless agreed otherwise)
- Separate accounts for each client
- Easy online access to the cleared funds available
Withdrawals Permitted
Yes
Opening Balance
£1 minimum
Interest Rate
1.90%
Gross/AER Variable
More
Less
You can see the current interest rates for all our savings accounts here
We're here to help
You can visit us in our Relationship Centres, or call us on 0333 207 4007. Our lines are open 9am - 5pm Monday to Friday (10am - 5pm Wednesday). Calls may be recorded and/or monitored.
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