Junior Cash ISA rates

Amount Invested Variable annual interest
  Tax Free % / AER %
£1+ 1.50%
 
 
These interest rates are correct as at 01/07/2020.
 

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 returns you can expect from your savings over time


Previous rates

Account balance Variable annual interest
Tax Free % / AER %
£1+ 3.25%
Interest rates effective from 01/09/2018. 
 
Account balance Variable annual interest
Tax Free % / AER %
£1+ 3.00%
Interest rates effective from 13/02/2012. 

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 returns you can expect from your savings over time

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