Easy Saver rates

Easy Saver with bonus

Accounts opened from 2 February 2017

Amount invested Gross/AER%*
£1+ 0.40%
These interest rates are correct as at 01/12/2017. Interest rates are variable.
 

The gross rates shown include a fixed introductory bonus of 0.20%, payable for 12 months from the date of account opening. At the end of the bonus period, rates without bonus will apply. Please see the without bonus table for current rates.

Easy Saver without bonus

Amount invested Gross/AER%*
£1+ 0.20%
These interest rates are correct as at 01/12/2017. Interest rates are variable.
 

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

Easy Saver - accounts opened between 22 November 2016 and 1 February 2017

Account balance Variable annual interest with 12 month bonus Variable annual interest without 12 month bonus
Gross/AER% with 12 month bonus Gross/AER% without 12 month bonus
£1+ 0.50% 0.20%
Interest rates effective from 01/12/2017.
  

Easy Saver – accounts opened on or before 22 August 2016

Account balance Variable annual interest without 12 month bonus
Gross/AER% without 12 month bonus
£1+ 0.20%
Interest rates effective from 01/12/2017.
 
Interest is paid annually on anniversary of account opening. We normally issue statements annually.
 
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