Monthly Saver rates

Amount Invested Annual Interest
  AER % Gross %
£1+ 2.00 2.00
 
These interest rates are correct for new accounts opened on or after 30/06/2016. Interest is paid on maturity. For this account we normally issue statements on maturity.
 
Interest rates are fixed for the term of the account, which is 12 months from the date of account opening - View Monthly Saver account information .

Explanation of terms

AER
Annual Equivalent Rate - 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
Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

Tax-free
Tax-free is the contractual rate of interest payable where interest is exempt from income tax.

Previous rates

Monthly Saver – Accounts opened between 1 July 2015 and 29 June 2016

Amount Invested Annual Interest
  AER % Gross %
£1+ 5.00 5.00
These interest rates were correct from 01/07/2015 to 29/06/2016.

Monthly Saver – Accounts opened between 10 December 2013 and 30 June 2015

Amount Invested Annual interest
  AER % Gross %
£1+ 2.00 2.00
These interest rates were correct from 10/12/2013 to 30/06/2015.
 

Monthly Saver - Accounts opened between 21 September 2013 and 09 December 2013

Amount Invested Annual interest
  AER % Gross %
£1+ 3.00 3.00

These interest rates were correct from 21/09/2013 to 09/12/2013.

Rate fixed for twelve months from the date of account opening.

Annual Interest Only.

Interest is paid on maturity. For this account we normally issue statements annually.

Interest rates are fixed for the term of the account.

 

Monthly Saver - Accounts opened between 13 December 2010 and 20 September 2013

Amount Invested Annual interest
  AER % Gross %
£1+ 2.00 2.00

These interest rates were correct from 13/12/2010 to 20/09/2013.

Rate fixed for twelve months from the date of account opening.

Annual Interest Only.

Interest is paid on maturity. For this account we normally issue statements annually.

Interest rates are fixed for the term of the account.

 

Monthly Saver - Accounts opened between 12 October and 12 December 2010

Amount Invested Annual interest
  AER % Gross %
£1+ 5.00 5.00

These interest rates were correct from 12/10/2010 to 12/12/2010.

Rate fixed for twelve months from the date of account opening.

Annual Interest Only.

Interest is paid on maturity. For this account we normally issue statements annually.

Interest rates are fixed for the term of the account.

 

Monthly Saver - Accounts opened before 12 October 2010

Amount Invested Annual interest
  AER % Gross %
£1+ 2.00 2.00

These interest rates were correct from 28/09/2009 to 11/10/2010.

Rate fixed for twelve months from the date of account opening.

Annual Interest Only.

Interest is paid on maturity. For this account we normally issue statements annually.

Interest rates are fixed for the term of the account.

 
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