Young Saver rates

Young Saver Account - Opened from 23 August 2016

Amount invested Variable Interest Paid Quarterly
  AER % Gross %
£1 - £20,000 0.75% 0.74%
£20,000+ 0.05% 0.05%
Interest rates are variable.
These interest rates are correct as at 23/08/2016.

View Young Saver account information

Explanation of terms

AER stands for Annual Equivalent Rate. It 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 means that credit interest is paid without income tax being deducted.

Previous rates

Young Saver Account - opened before the 23 August 2016

Amount Invested Variable Interest Paid Quarterly
  AER % Gross %
£1 - £20,000 0.75% 0.74%
£20,000+ 0.05% 0.05%

Interest rates effective from 04 November 2016. 

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