Notice of reduction of our interest rates
After careful consideration and to balance the needs of our borrowers and savers, we’ll be reducing the interest rates on some of our savings accounts.
If you have an account balance of over £100 at 6th August in any of the products listed below you’ll receive a letter or an email from us.
Answering your questions| Account name | Your interest rate as at 4 September | New interest rate and implementation date | ||
|---|---|---|---|---|
| Rainy Day Saver | New rate as of 20 September 2019 | |||
| Balance £10,000+ | 0.75% Gross‡ p.a./AER† | 0.50% Gross‡ p.a./AER† | ||
| Balance £25,000+ | 0.80% Gross‡ p.a./AER† | 0.55% Gross‡ p.a./AER† | ||
| Balance £50,000+ | 0.85% Gross‡ p.a./AER† | 0.60% Gross‡ p.a./AER† | ||
| Rainy Day ISA | New rate as of 20 September 2019 | |||
| Balance £10,000+ | 0.75% Tax-free§ p.a./AER† | 0.50% Tax-free§ p.a./AER† | ||
| Balance £25,000+ | 0.80% Tax-free§ p.a./AER† | 0.55% Tax-free§ p.a./AER† | ||
| Balance £50,000+ | 0.85% Tax-free§ p.a./AER† | 0.60% Tax-free§ p.a./AER† | ||
| E-Saver | New rate as of 20 September 2019 | |||
| 0.60% Gross‡ p.a./AER† | 0.35% Gross‡ p.a./AER† | |||
| E-ISA | New rate as of 20 September 2019 | |||
| 0.60% Tax-free§ p.a./AER† | 0.35% Tax-free§ p.a./AER† | |||
| ISA Saver | New rate as of 20 September 2019 | |||
| 0.50% Tax-free§ p.a./AER† | 0.25% Tax-free§ p.a./AER† | |||
| Easy Access Saver | New rate as of 20 September 2019 | |||
| 1.10% Gross‡ p.a./AER† | 0.85% Gross‡ p.a./AER† | |||
| Easy Access Account Annual | New rate as of 25 September 2019 | |||
| 0.50% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | |||
| Easy Access Account Monthly | New rate as of 25 September 2019 | |||
| 0.50% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | |||
| Access Saver | New rate as of 25 September 2019 | |||
| 0.50% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | |||
| Access Saver (Monthly) | New rate as of 25 September 2019 | |||
| 0.50% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | |||
| Albion Access Account | New rate as of 18 November 2019 | |||
| 0.50% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | |||
| Blue and Amber Account (Issue 2) | New rate as of 30 September 2019 | |||
| 0.50% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | |||
| CaringSaver | New rate as of 30 September 2019 | |||
| 0.50% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | |||
| Access ISA (Monthly) | New rate as of 30 September 2019 | |||
| 0.50% Tax-free§ p.a./AER† | 0.25% Tax-free§ p.a./AER† | |||
For the products listed above, with the exception of Rainy Day Saver and Rainy Day ISA, you can close your account, move your money to another provider or withdraw at any time without any charges or loss of interest.
For Rainy Day Saver and Rainy Day ISA you can close your account, move your money to another provider or withdraw at any time without charges or loss of interest until 7 October 2019. After this date, any charges or loss of interest on withdrawal specified in the product terms and conditions will be reinstated.
Rates correct as at 4 September 2019.
