Our variable savings rates have changed:
On 11th and 19th of March 2020, the Bank of England announced reductions in the UK Base Rate from 0.75% to 0.10%.
In response to this change, we are reducing the interest on our variable rate savings accounts by up to 0.65% from 1 July 2020.
We appreciate that the current economic conditions are making it challenging for savers. As a result of this change, you also have the option to close your account or move your money to another account with us or another bank, without charge, at any time. We do offer other instant access and fixed rate accounts, so if you would like to review your options, please visit our savings pages.