The Co-operative Bank increases select savings rates as a result of an increase to Bank of England Base Rate
10 August 2018
The Co-operative Bank has reviewed savings rates in response to The Bank of England increasing Base Rate
The Co-operative Bank has reviewed savings rates in response to The Bank of England increasing Base Rate by 0.25% (from 0.50% to 0.75 %) and as a result; select Co-operative Bank and Britannia branded savings accounts' interest rates will be automatically increased from August 30 2018 by up to 0.19%. The High Interest Tracker savings account will increase by 0.25%
Some smile accounts will also benefit from increased rates of up to 0.28%. These changes will also take place from August 30 2018.
While rates on some savings accounts will rise, others will remain unchanged. A list of the accounts that will benefit from increased rates and the level of the rate rise can be found here.