Savings Interest Rates
Effective from 1st May 2020
| Gross | AER† | Previous Rate |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| Instant Access and Local Charity Saver | % | % | % | ||||||
| Balance £100,000 and above | 0.30 | 0.30 | 0.55 | ||||||
| Balance £50,000 – £99,999.99 | 0.20 | 0.20 | 0.45 | ||||||
| Balance £25,000 – £49,999.99 | 0.15 | 0.15 | 0.40 | ||||||
| Balance £10,000 – £24,999.99 | 0.10 | 0.10 | 0.35 | ||||||
| Balance £100 – £9,999.99 | 0.05 | 0.05 | 0.30 | ||||||
| Balance less than £100 | 0.01 | 0.01 | 0.26 | ||||||
| Notice Accounts | |||||||||
| Notice 30 | |||||||||
| Annual Interest | |||||||||
| Balance £200,000 and above | 0.60 | 0.60 | 0.85 | ||||||
| Balance £100,000 – £199,999.99 | 0.50 | 0.50 | 0.75 | ||||||
| Balance £50,000 – £99,999.99 | 0.35 | 0.35 | 0.60 | ||||||
| Balance £25,000 – £49,999.99 | 0.20 | 0.20 | 0.45 | ||||||
| Balance £10,000 – £24,999.99 | 0.15 | 0.15 | 0.40 | ||||||
| Balance less than £10,000 | 0.10 | 0.10 | 0.35 | ||||||
| Monthly Interest | |||||||||
| Balance £200,000 and above | 0.60 | 0.60 | 0.85 | ||||||
| Balance £100,000 – £199,999.99 | 0.50 | 0.50 | 0.75 | ||||||
| Balance £50,000 – £99,999.99 | 0.35 | 0.35 | 0.60 | ||||||
| Balance £25,000 – £49,999.99 | 0.20 | 0.20 | 0.45 | ||||||
| Balance £10,000 – £24,999.99 | 0.15 | 0.15 | 0.40 | ||||||
| Balance less than £10,000 | 0.10 | 0.10 | 0.35 | ||||||
| @ Notice 90 | |||||||||
| Annual Interest | |||||||||
| Balance £100,000 and above | 0.75 | 0.75 | 0.95 | ||||||
| Balance £50,000 – £99,999,99 | 0.50 | 0.50 | 0.65 | ||||||
| Balance £25,000 – £49,999.99 | 0.40 | 0.40 | 0.55 | ||||||
| Balance less than £25,000 | 0.25 | 0.25 | 0.35 | ||||||
| Monthly Interest | |||||||||
| Balance £100,000 and above | 0.75 | 0.75 | 0.95 | ||||||
| Balance £50,000 – £99,999,99 | 0.50 | 0.50 | 0.65 | ||||||
| Balance £25,000 – £49,999.99 | 0.40 | 0.40 | 0.55 | ||||||
| Balance less than £25,000 | 0.25 | 0.25 | 0.35 | ||||||
| Potteries Prize Saver Account | |||||||||
| Balance £100 and above | 0.25 | 0.25 | 0.50 | ||||||
| Gross | AER† | Previous Rate |
||
|---|---|---|---|---|
| Tax Free Savings | % | % | % | |
| Cash ISA – Instant access | ||||
| Balance £3,000 and above | 0.25 | 0.25 | 0.90 | |
| Balance less than £3,000 | 0.05 | 0.05 | 0.30 | |
| Cash ISA – Regular Saver | 0.75 | 0.75 | 1.40 | |
| Children’s Savings | ||||
| Young Saver | 0.55 | 0.55 | 1.20 | |
| Junior ISA | 1.55 | 1.55 | 2.20 | |
| Regular Savings | ||||
| Branch Regular Saver | 0.60 | 0.60 | 1.25 | |
| Corporate Saver | ||||
| Balance £100,000 and above | 0.35 | 0.35 | 0.60 | |
| Balance £50,000 – £99,999.99 | 0.15 | 0.15 | 0.40 | |
| Balance less than £50,000 | 0.10 | 0.10 | 0.35 | |
| Tracker Savings | ||||
| Branch Saver # | 1.00 | 1.00 | 0.75 | |
| Homebuyer Savings | ||||
| Home Deposit Saver | 2.45 | 2.45 | 3.10 | |
| Closed Issues* | ||||
| Cash ISA – 30 Day Notice | 0.30 | 0.30 | 0.95 | |
| Cash ISA – 60 Day Notice | 0.50 | 0.50 | 1.15 | |
| Child Trust Fund | 1.55 | 1.55 | 2.20 | |
| Corporate Tracker Issue 6 # | 1.45 | 1.20 | 1.20 | |
| DMH Saver^^ | 0.01 | 0.01 | 0.26 | |
| Monthly Income Saver | 0.65 | 0.65 | 1.30 | |
| Michelin Regular Saver | 1.05 | 1.05 | 1.70 | |
| Postal 180 Day Notice | 0.65 | 0.65 | 1.30 | |
| Postal 180 day Notice – Issue 2 | 0.65 | 0.65 | 1.30 | |
| Regular Saver | 0.65 | 0.65 | 1.30 | |
| Mortgages | ||||
| Standard Variable Rate | 4.79 | |||
All above interest rates are variable
The maximum investment balance for new accounts is £50,000 whether held in single or joint names
* Closed Issue means that these accounts are unavailable to new customers, however existing customers can operate their account in line with the appropriate account terms and conditions
† Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and added each year, and has been rounded to two decimal places
^^ DMH- interest rates and tiers are the same as Instant Access / Local Charity saver accounts
# Account is linked to the Bank of England Base Rate (Effective from 1 June 2022). See individual terms and conditions for interest rate loading above the Bank of England Base Rate. Historical Bank of England Base Rates are available at www.bankofengland.co.uk.
@ Notice 90 can only be opened if you live within a 25 miles radius of our Head Office (ST1 5TB)
In some circumstances customers will be required to pay tax on interest earned. More information is available at www.gov.uk/government/publications/personal-savings-allowance-factsheet
