Savings Interest Rates

Interest Rates - Loyalty Cash ISA

Our Loyalty Cash ISA rewards existing account holders with a higher rate of interest the longer they keep their money with Scottish Building Society.
The rates below are for existing account holders only, unfortunately we're no longer accepting new applications.

Interest rates for existing accounts effective from 15 July 2022

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	Before 2014/15 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21	1.40 1.35 1.35 1.35 1.25 1.25 1.25 1.25

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

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

1.40
1.35
1.35
1.35
1.25
1.25
1.25
1.25

Interest Rates - Cash ISA and E-ISA

Interest rates for new and existing accounts effective from 15 July 2022

Account	Balance	Tax Year	Tax-free / AER variable %
Cash ISA	£100 and over	2021/2022 and 2022/2023	1.15
E-ISA	£100 and over	2021/2022 and 2022/2023	1.15

Fixed Rate Bonds

Our Bonds pay a fixed rate of interest for a set term so you'll know how much interest you’ll get back when your Bond matures. The longer the term, the higher the interest rate will be.
Note that our Bonds are offered on a first-come, first-served basis and can be withdrawn once the subscription is full.

Account	Balance	Rates for our current Bonds
E-Savings Bond Savings Bond No access during term Interest on maturity	£500-£1 million	E-Savings Bond 116 Savings Bond 116: 2.50% Fixed until 16 October 2024

Account

Balance

Rates for our current Bonds

E-Savings Bond
Savings Bond

No access during term
Interest on maturity

£500-£1 million

E-Savings Bond 116
Savings Bond 116:
2.50% Fixed until 16 October 2024

Interest Rates - Savings Accounts

Interest rates for new and existing accounts effective from 15 July 2022

Account	Balance	Gross AER/variable %
Instant Access Saver Instant access Interest annually	£1 and over	1.00
Online Saver Instant access Interest annually	£100 up to £500,000	1.00

Account

Balance

Gross AER/variable %

Instant Access Saver

Instant access
Interest annually

£1 and over

1.00

Online Saver

Instant access
Interest annually

£100 up to £500,000

1.00

Interest Rate - Client Account Online

Interest rates for new and existing accounts effective from 15 June 2022

Account	Balance	Gross AER/variable %
Client Account Online Interest quarterly	£1 up to £2,000,000 (maximum balance on individual accounts) £1 up to £10,000,000 (maximum balance on aggregate accounts)	0.25

Account

Balance

Gross AER/variable %

Client Account Online

Interest quarterly

£1 up to £2,000,000
(maximum balance on individual accounts)

£1 up to £10,000,000
(maximum balance on aggregate accounts)

0.25

Interest Rates - other accounts

These products are no longer available and rates shown are for existing accounts only.


Account type	Rates effective from 15 July 2022 (AER variable %)
Junior ISA	1.70
30 Day Notice	1.00
Regular Saver	1.35
Junior Saver < 2 years After 2 years After 5 years	1.10 1.35 1.60
Junior Regular Saver	1.70

Notes

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

Please read the our Savings Terms and Conditions, together with the relevant product details online or in-branch leaflets for further information on the accounts listed.

Please note that products may be withdrawn at any time without notice.