Interest rates

Business Select - Instant Access

Current interest rates effective until 04/04/2017

 Gross %AER %Interest credited
Up to £99,999 0.03 0.03 Twice Yearly
£100,000+ 0.06
0.06
£250,000+ 0.12 0.12
£500,000+ 0.18 0.18

New interest rates effective from 05/04/2017

 Gross %AER %Interest credited
£1+
0.03 0.03 Twice Yearly

Business Select - 14 Day Notice

Current interest rates effective until 04/04/2017

 Gross %AER %Interest credited
Up to £99,999 0.06
0.06 Twice Yearly
£100,000+ 0.09 0.09
£250,000+ 0.15
0.15
£500,000+ 0.21 0.21

New interest rates effective from 05/04/2017

 Gross %AER %Interest credited
£1+
0.03
0.03 Twice Yearly

Rates correct as at 01/02/2017 - but are subject to variation unless otherwise stated.

Interest is calculated daily on the full cleared balance.

Please note that the following accounts can no longer be opened, but will continue to operate as normal.

Fixed Rate Deposit

Current interest rates

 Gross %AER %

3 months

£10,000+ 0.34
0.34

6 months

£10,000+ 0.50 0.50

12 months

£10,000+ 0.62
0.62

Corporate Treasury Account

Current interest rates effective until 04/04/2017

 Gross %AER %Interest credited
Up to £49,999
0.03 0.03
Monthly
£50,000+
0.03
0.03
£250,000+ 0.06
0.06
£500,000+ 0.06
0.06
£1,000,000+ 0.12 0.12

New interest rates effective from 05/04/2017

 Gross %AER %Interest credited
Up to £49,999
0.00 0.00
Monthly
£50,000+
0.00
0.00
£250,000+ 0.00
0.00
£500,000+ 0.00
0.00
£1,000,000+ 0.00 0.00

Corporate Reserve

Current interest rates effective until 04/04/2017

 Gross %AER %Interest credited
Up to £49,999
0.03 0.03
Monthly
£50,000+
0.03
0.03
£250,000+ 0.06
0.06
£500,000+ 0.06
0.06
£1,000,000+ 0.06 0.06

New interest rates effective from 05/04/2017

 Gross %AER %Interest credited
Up to £49,999
0.00 0.00
Monthly
£50,000+
0.00
0.00
£250,000+ 0.00
0.00
£500,000+ 0.00
0.00
£1,000,000+ 0.00 0.00

Public Sector Reserve

Current interest rates effective until 04/04/2017

 Gross %AER %Interest credited
Up to £49,999
0.03 0.03
Monthly
£50,000+
0.03
0.03
£250,000+ 0.06
0.06
£500,000+ 0.06
0.06
£1,000,000+ 0.12 0.12

New interest rates effective from 05/04/2017

 Gross %AER %Interest credited
Up to £49,999
0.00 0.00
Monthly
£50,000+
0.00
0.00
£250,000+ 0.00
0.00
£500,000+ 0.00
0.00
£1,000,000+ 0.00 0.00

Rates correct as at 01/02/2017 - but are subject to variation unless otherwise stated.

Interest is calculated daily on the full cleared balance.

*For an explanation of terms used, please see our glossary.

 

**Any reference to tax is based on our understanding of current tax regulations which may change in the future and depends on the customer’s individual financial circumstances.

The Bank reserves the right to decline any application and/or deposit

 

Personal Savings Allowance

Following the introduction of the new personal savings allowance, we will pay you gross interest on your savings. For more information about this and to find out how you may need to pay tax on the interest please visit the HMRC website.