Interest Rates on new accounts from 15 May 2020

Account

Balance

Tax Year Account Opened/ Funds Deposited

Tax-free / AER variable %

Loyalty Cash ISA
Tax free savings
Instant access
Interest annually

£1 and over

2020/21
2019/20
2018/19
2017/18
2016/17
2015/16
2014/15
2013/14
2012/13
Before 2012/13

0.60
0.60
0.60
0.65
0.70
0.75
0.80
0.85
0.90
1.00

Account

Balance

Gross AER/variable

Instant Access Saver
Instant access
Interest annually

£1 and over

0.30

Online Saver
Instant access
Interest annually

£1 and over

0.30

Regular Saver
No access during term
Interest annually

£10-£500 per month
12 monthly payments

1.35

Fixed Rate Bonds
No access during term
Interest on maturity

£500-£1million

Latest rates: https://www.scottishbs.co.uk/fixed-rate-bonds

 Notes

  1. All interest rates are variable unless otherwise stated.
  2. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.
  3. Interest will be paid gross and you will be responsible for paying any tax due to HMRC.

Please read the appropriate product leaflets, together with the Savings Terms and Conditions, for further information on the accounts listed.

Interest Rates (including closed accounts) from 15 May 2020

New Saver Enquiries

0345 600 0585

New Mortgage Enquiries

0345 600 4085

Lines open 9-5 Mon to Fri (10-5 Wed). Calls may be recorded and/or monitored.

Existing Member Enquiries

To talk to us about an existing savings or mortgage account, contact your local office

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