Our savings rates
Individual Savings Accounts (ISA)
1 Year Fixed Rate Cash ISA
Rates available 8 February 2012 - 5 April 2012
Direct Cash ISA (Issue 1)
| Interest rate until 30.09.2013 |
| Balance |
AER Tax-Free |
| £1,000+ (rate including bonus) |
3.50% |
| £1 - £999 |
0.25% |
Interest rate from 30.09.2013
|
| Balance |
AER Tax-Free |
| £1,000+ (rate excluding bonus) |
1.00% |
| £1 - £999 |
0.25% |
| Find out more about Direct Cash ISA |
Rates available 22 March 2012 – 2 April 2012
Direct Fixed Rate ISA (Issue 4)
Rates available 3 April 2012 – 13 April 2012
Direct Fixed Rate ISA (Issue 3)
Rates available 8 March 2012 – 2 April 2012
Direct Fixed Rate ISA (Issue 2)
| Balance |
AER |
Tax-free |
| £1,000+ |
3.70% |
3.75% |
Rate available from 2 March 2012 - 7 March 2012
Direct Fixed Rate ISA (Issue 1)
| Balance |
AER |
Tax-free |
| £1,000+ |
3.46% |
3.50% |
Rate available from 8 February 2012 - 1 March 2012
Fixed Rate Bonds
6 Month Fixed Rate Bond - online, phone & branch customers
| |
Balance |
AER % |
Gross p.a.% |
Net p.a.% |
| Interest at Maturity |
£50,000+ |
2.41 |
2.40 |
1.92 |
| £25,000 - £49,000 |
2.31 |
2.30 |
1.84 |
| £10,000 - £24,999 |
2.21 |
2.20 |
1.76 |
| £100 - £9,999 |
2.16 |
2.15 |
1.72 |
| Monthly Interest |
£50,000+ |
2.38 |
2.35 |
1.88 |
| £25,000 - £49,000 |
2.27 |
2.25 |
1.80 |
| £10,000 - £24,999 |
2.17 |
2.15 |
1.72 |
| £100 - £9,999 |
2.12 |
2.10 |
1.68 |
| Find out more about 6 Month Fixed Rate Bond Previous rates |
Rates available 8 February 2012 - 23 February 2012
1 Year Fixed Rate Bond - online, phone & branch customers
| |
Balance |
AER % |
Gross p.a.% |
Net p.a.% |
| Interest at Maturity |
£50,000+ |
2.90 |
2.90 |
2.32 |
| £25,000 - £49,999 |
2.80 |
2.80 |
2.24 |
| £10,000 - £24,999 |
2.70 |
2.70 |
2.16 |
| £100 - £9,999 |
2.65 |
2.65 |
2.12 |
| Monthly Interest |
£50,000+ |
2.89 |
2.85 |
2.28 |
| £25,000 - £49,999 |
2.78 |
2.75 |
2.20 |
| £10,000 - £24,999 |
2.68 |
2.65 |
2.12 |
| £100 - £9,999 |
2.63 |
2.60 |
2.08 |
| Find out more about 1 Year Fixed Rate Bond Previous rates |
Rates available 8 February 2012 – 23 February 2012
2 Year Fixed Rate Bond - Maturity customers only
| |
Balance |
AER % |
Gross p.a.% |
Net p.a.% |
| Annual Interest |
£50,000+ |
3.35 |
3.25 |
2.60 |
| £25,000 - £49,999 |
3.15 |
3.15 |
2.52 |
| £10,000 - £24,999 |
3.05 |
3.05 |
2.44 |
| £100 - £9,999 |
3.00 |
3.00 |
2.40 |
| Monthly Interest |
£50,000+ |
3.25 |
3.20 |
2.56 |
| £25,000 - £49,999 |
3.14 |
3.10 |
2.48 |
| £10,000 - £24,999 |
3.04 |
3.00 |
2.40 |
| £100 - £9,999 |
2.99 |
2.95 |
2.36 |
Rates available 24 February 2012 – 26 April 2012
Regular Savings
Regular Saver Account
| |
AER variable% |
Gross Rate p.a variable% |
Net p.a variable% |
| Standard Rate - Annual Interest |
2.50% |
2.50% |
2.00% |
| Conditional rate if more than one withdrawal is made, or more than two consecutive monthly deposits are missed in a calendar year. |
0.10% |
0.10% |
0.08% |
| Find out more about Regular Saver Account Previous rates |
Platinum Monthly Saver (Issue 2)
| Interest rate payable if no more than one withdrawal is made and no more than one deposit has been missed before the end of the fixed term |
| Balance |
AER % |
Gross p.a.% |
Net p.a.% |
| £100+ |
5.00% |
5.00% |
4.00% |
| Interest rate payable when more than one withdrawal has been made or more than one deposit has been missed before the end of the fixed term |
| Balance |
AER % |
Gross p.a.% |
Net p.a.% |
| £100+ |
1.00% |
1.00% |
0.80% |
Rates available 17 February 2012 to 5 April 2012.
Platinum Monthly Saver (Issue 1)
| Interest rate payable if no more than one withdrawal is made and no more than one deposit has been missed before the end of the fixed term |
| Balance |
AER % |
Gross p.a.% |
Net p.a.% |
| £100+ |
5.00% |
5.00% |
4.00% |
| Interest rate payable when more than one withdrawal has been made or more than one deposit has been missed before the end of the fixed term |
| Balance |
AER % |
Gross p.a.% |
Net p.a.% |
| £100+ |
1.00% |
1.00% |
0.80% |
| Find out more about Platinum Monthly Saver |
Rates available 3 January 2012 - 16 February 2012
Notice Accounts
Platinum Notice Account (Branch Only)
| |
Balance |
AER % |
Gross p.a. % |
Net p.a. % |
| Monthly Interest |
£5,000+ |
3.05% |
3.01% Variable Rate |
2.41% |
| Annual Interest |
£1 - £4,999.99 |
0.25% |
0.25% Fixed Rate |
0.20% |
Rates available 8 May 2011 - 15 March 2012
75 Day Notice (Issue 1) - Interest rates
| Balance |
Withdrawals per year |
Notice period/loss of interest for withdrawals |
AER % |
AER % including bonus |
Gross p.a.% |
Net p.a.% |
| £1 - £999 |
Unlimited |
75 days |
0.10% |
n/a |
0.10% |
0.08% |
| £1,000+ |
Unlimited |
75 days |
1.00% |
2.30% |
2.30% |
1.84% |
Rates available 16 March 2011 - 01 May 2012
Instant Access Accounts
Instant Access Account
Big Cat Junior Saver
Club and Charity Accounts
Caring for Hospices
Roary's Junior Silkmen Saver
Silkmen Saver
Caring for Children
Wolf Pack
Super Wolves Saver
- Tax-free is the contractual rate of interest payable where interest is exempt form income tax.
- Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
- Net is the rate of interest which would be payable after allowing for the deduction of income tax at the specified rate.
- AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if it was paid and compounded once each year. This allows you to compare any minimum and maximum potential returns with other savings products. The gross rate of interest is the interest payable before any income tax is deducted.
- Products are subject to availability and may be withdrawn or subject to change without notice.