Notice of reduction of our interest rates
After careful consideration and as a result of the reduction in the Bank of England base rate from 0.75% to 0.10%, we’ll be reducing the rate on some of our savings accounts.
If you have an account balance of over £100 at 17 April in any of the products listed below you’ll receive a letter or an email from us.
| Account name | Your interest rate at 7 May | New interest rate and implementation date | ||
|---|---|---|---|---|
| Defined Access Saver | New rate as of 26 May 2020 | |||
| Balance £5,000+ | 1.00% Gross‡ p.a./AER† | 0.50% Gross‡ p.a./AER† | ||
| Balance £25,000+ | 1.10% Gross‡ p.a./AER† | 0.60% Gross‡ p.a./AER† | ||
| Balance £50,000+ | 1.20% Gross‡ p.a./AER† | 0.70% Gross‡ p.a./AER† | ||
| Double Access ISA | New rate as of 26 May 2020 | |||
| Balance £5,000+ | 1.30% Tax-free§ p.a./AER† | 0.80% Tax-free§ p.a./AER† | ||
| Smart Saver | New rate as of 26 May 2020 | |||
| Balance £5,000+ | 0.90% Gross‡ p.a./AER† | 0.40% Gross‡ p.a./AER† | ||
| Balance £25,000+ | 1.00% Gross‡ p.a./AER† | 0.50% Gross‡ p.a./AER† | ||
| Balance £50,000+ | 1.10% Gross‡ p.a./AER† | 0.60% Gross‡ p.a./AER† | ||
| Rainy Day Saver | New rate as of 26 May 2020 | |||
| Balance £10,000+ | 0.50% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | ||
| Balance £25,000+ | 0.55% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | ||
| Balance £50,000+ | 0.60% Gross‡ p.a./AER† | 0.25% Gross‡ p.a./AER† | ||
| Rainy Day ISA | New rate as of 26 May 2020 | |||
| Balance £10,000+ | 0.50% Tax-free§ p.a./AER† | 0.25% Tax-free§ p.a./AER† | ||
| Balance £25,000+ | 0.55% Tax-free§ p.a./AER† | 0.25% Tax-free§ p.a./AER† | ||
| Balance £50,000+ | 0.60% Tax-free§ p.a./AER† | 0.25% Tax-free§ p.a./AER† | ||
| Easy Access Saver | New rate as of 26 May 2020 | |||
| Balance £1+ | 0.85% Gross‡ p.a./AER† | 0.35% Gross‡ p.a./AER† | ||
| Access Saver (Annual & Monthly Interest) | New rate as of 27 May 2020 | |||
| Balance £1+ | 0.25% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| Access Saver (Issue 2) | New rate as of 27 May 2020 | |||
| Balance £100+ | 0.50% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| Access Saver (Issue 3) | New rate as of 27 May 2020 | |||
| Balance £1+ | 0.50% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| Access Saver (Issue 4) | New rate as of 27 May 2020 | |||
| Balance £100+ | 1.00% Gross‡ p.a./AER† | 0.50% Gross‡ p.a./AER† | ||
| Easy Access Account (Annual & Monthly Interest) | New rate as of 29 May 2020 | |||
| Balance £0+ | 0.25% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| Albion Access Account | New rate as of 20 July 2020 | |||
| Balance £1+ | 0.25% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| Blue & Amber Account (Issue 2) | New rate as of 1 June 2020 | |||
| Balance £1+ | 0.25% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| Blue & Amber Account (Issue 6) | New rate as of 1 June 2020 | |||
| Balance £1+ | 0.50% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| Caringsaver | New rate as of 1 June 2020 | |||
| Balance £1+ | 0.25% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| Access ISA (Monthly Interest) | New rate as of 28 May 2020 | |||
| Balance £1+ | 0.25% Tax-free§ p.a./AER† | 0.15% Tax-free§ p.a./AER† | ||
| ISA Saver | New rate as of 28 May 2020 | |||
| Balance £1+ | 0.25% Tax-free§ p.a./AER† | 0.15% Tax-free§ p.a./AER† | ||
| ISA Saver (Issue 2) | New rate as of 28 May 2020 | |||
| Balance £1+ | 0.50% Tax-free§ p.a./AER† | 0.15% Tax-free§ p.a./AER† | ||
| E-ISA | New rate as of 27 May 2020 | |||
| Balance £1+ | 0.35% Tax-free§ p.a./AER† | 0.15% Tax-free§ p.a./AER† | ||
| E-ISA (Issue 5) | New rate as of 27 May 2020 | |||
| Balance £1+ | 0.60% Tax-free§ p.a./AER† | 0.15% Tax-free§ p.a./AER† | ||
| Limited Issue Online Access ISA (Issue 13) | New rate as of 27 May 2020 | |||
| Balance £1,000+ | 1.46% Tax-free§ p.a./AER† | 0.96% Tax-free§ p.a./AER† | ||
| Limited Issue Online Access ISA (Issue 14) | New rate as of 27 May 2020 | |||
| Balance £1,000+ | 1.40% Tax-free§ p.a./AER† | 0.90% Tax-free§ p.a./AER† | ||
| Limited Issue Online Access ISA (Issue 15) | New rate as of 27 May 2020 | |||
| Balance £1,000+ | 1.30% Tax-free§ p.a./AER† | 0.80% Tax-free§ p.a./AER† | ||
| Limited Issue Online Access ISA (Issue 16) | New rate as of 27 May 2020 | |||
| Balance £1,000+ | 1.30% Tax-free§ p.a./AER† | 0.80% Tax-free§ p.a./AER† | ||
| Limited Issue Online Access ISA (Issue 17) | New rate as of 27 May 2020 | |||
| Balance £1,000+ | 1.30% Tax-free§ p.a./AER† | 0.80% Tax-free§ p.a./AER† | ||
| Online Access ISA | New rate as of 27 May 2020 | |||
| Balance £1+ | 1.00% Tax-free§ p.a./AER† | 0.50% Tax-free§ p.a./AER† | ||
| E-Saver | New rate as of 20 May 2020 | |||
| Balance £100+ | 0.35% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| E-Saver (Issue 5) | New rate as of 20 May 2020 | |||
| Balance £100+ | 0.60% Gross‡ p.a./AER† | 0.15% Gross‡ p.a./AER† | ||
| Dinosaver | New rate as of 26 May 2020 | |||
| Balance £10+ | 1.75% Gross‡ p.a./AER† | 1.35% Gross‡ p.a./AER† | ||
| Ronnie the Rhino Youngsaver | New rate as of 26 May 2020 | |||
| Balance £10+ | 1.75% Gross‡ p.a./AER† | 1.35% Gross‡ p.a./AER† | ||
| Vault | New rate as of 26 May 2020 | |||
| Balance £10+ | 1.75% Gross‡ p.a./AER† | 1.35% Gross‡ p.a./AER† | ||
| Youngsaver (Annual Interest) | New rate as of 26 May 2020 | |||
| Balance £10+ | 1.75% Gross‡ p.a./AER† | 1.35% Gross‡ p.a./AER† | ||
For the products listed above, with the exception of Defined Access Saver, Double Access ISA, Smart Saver, 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 Defined Access Saver, Double Access ISA, Smart Saver, 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 30 June 2020. 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 7 May 2020.
