Balance AER% Gross% Interest credited
£100,000+ 0.03 0.03 Annually
£50,000+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Cash Child Trust Fund (non stakeholder)

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Clubs and Charities account and Gross Interest Deposit account

Balance AER% Gross% Interest credited
£100+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Client Account

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Devon and Cornwall

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Bi-Annually
Effective from 5th May 2021. These interest rates are variable.

DirectSaver

Balance AER% Gross% Interest credited
£100+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

DirectSaver Monthly

Balance AER% Gross% Interest credited
£100+ 0.03 0.03 Monthly
£1+ 0.03 0.03 Monthly
Effective from 5th May 2021. These interest rates are variable.

FirstSaver

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Flexible Savings

Balance AER% Gross% Interest credited
£20,000+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
£20,000+ 0.03 0.03 Monthly
£1+ 0.03 0.03 Monthly
Effective from 5th May 2021. These interest rates are variable.

Instant Access Card Deposit

Balance AER% Gross% Interest credited
£20,000+ 0.03 0.03 Annually
£100+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Matured Child Trust Fund

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Net Interest Deposit

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Select Saver Card

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Fixed Term

Fixed Rate Bonds

Your rate is fixed which means it won't change during the term and depends on the date in which you opened your Bond. Please refer to your passbook to identify your product term and issue number.

Fixed Rate Bond 1 Year - Interest credited annually

Term Issue Interest Credited Gross% AER%
1Y 272 Annually 0.50 0.50
1Y 273 Annually 0.56 0.56
1Y 274 Annually 0.35 0.35
1Y 275 Annually 0.40 0.40
1Y 276 Annually 0.23 0.23
1Y 277 Annually 0.28 0.28

Fixed Rate Bond 1 Year - Interest credited monthly

Term Issue Interest Credited Gross% AER%
1Y 272 Monthly 0.49 0.49
1Y 273 Monthly 0.53 0.53
1Y 274 Monthly 0.34 0.34
1Y 275 Monthly 0.37 0.37
1Y 276 Monthly 0.22 0.22
1Y 277 Monthly 0.25 0.25

Fixed Rate Bond 2 Year - Interest Credited Annually

Term Issue Interest Credited Gross% AER%
2Y 126 Annually 1.87 1.87
2Y 127 Annually 1.35 1.35
2Y 128 Annually 1.40 1.40
2Y 129 Annually 1.21 1.21
2Y 130 Annually 1.25 1.25
2Y 131 Annually 1.10 1.10
2Y 132 Annually 1.15 1.15
2Y 133 Annually 1.00 1.00
2Y 134 Annually 1.03 1.03
2Y 135 Annually 0.56 0.56
2Y 136 Annually 0.59 0.59
2Y 137 Annually 0.40 0.40
2Y 138 Annually 1.43 1.43
2Y 139 Annually 0.26 0.26
2Y 140 Annually 0.31 0.31

Fixed Rate Bond 2 Year - Interest Credited Monthly

Term Issue Interest Credited Gross% AER%
2Y 126 Monthly 1.84 1.85
2Y 127 Monthly 1.34 1.34
2Y 128 Monthly 1.37 1.37
2Y 129 Monthly 1.20 1.20
2Y 130 Monthly 1.21 1.21
2Y 131 Monthly 1.08 1.08
2Y 132 Monthly 1.12 1.12
2Y 133 Monthly 0.99 0.99
2Y 134 Monthly 1.00 1.00
2Y 135 Monthly 0.56 0.56
2Y 136 Monthly 0.56 0.56
2Y 137 Monthly 0.39 0.39
2Y 138 Monthly 0.40 0.40
2Y 139 Monthly 0.25 0.25
2Y 140 Monthly 0.28 0.28

Fixed Rate Bond 3 Year - Interest Credited Annually

Term Issue Interest Credited Gross% AER%
3Y 83 Annually 1.45 1.45
3Y 84 Annually 1.50 1.50
3Y 85 Annually 2.00 2.00
3Y 86 Annually 2.03 2.03
3Y 87 Annually 1.43 1.43
3Y 88 Annually 1.46 1.46
3Y 89 Annually 1.31 1.31
3Y 90 Annually 1.34 1.34
3Y 91 Annually 1.15 1.15
3Y 92 Annually 1.18 1.18
3Y 93 Annually 1.10 1.10
3Y 94 Annually 1.15 1.15
3Y 95 Annually 0.63 0.63
3Y 96 Annually 0.68 0.68
3Y 97 Annually 0.50 0.50
3Y 98 Annually 0.53 0.53

Fixed Rate Bond 3 Year - Interest Credited Monthly

Term Issue Interest Credited Gross% AER%
3Y 83 Monthly 1.44 1.44
3Y 84 Monthly 1.46 1.46
3Y 85 Monthly 1.98 1.99
3Y 86 Monthly 2.00 2.01
3Y 87 Monthly 1.42 1.42
3Y 88 Monthly 1.43 1.43
3Y 89 Monthly 1.30 1.30
3Y 90 Monthly 1.31 1.31
3Y 91 Monthly 1.14 1.14
3Y 92 Monthly 1.15 1.15
3Y 93 Monthly 1.09 1.09
3Y 94 Monthly 1.12 1.12
3Y 95 Monthly 0.62 0.62
3Y 96 Monthly 0.65 0.65
3Y 97 Monthly 0.49 0.49
3Y 98 Monthly 0.50 0.50
Balance Tax-Free% AER% Interest credited
£9,000+ 0.10 0.10 Annually
£3,000+ 0.10 0.10
£9,000+ 0.10 0.10 Monthly
£3,000+ 0.10 0.10
Effective from 5th May 2021. These interest rates are variable.

Additional Allowance ISA

Balance Tax-Free% AER% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Cash ISA

Balance Tax-Free% AER% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Instant Access Cash ISA

Balance Tax-Free% AER% Interest credited
£15,000+ 0.03 0.03 Annually
£9,000+ 0.03 0.03 Annually
£3,000+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Limited Access Cash ISA

Balance Tax-Free% AER% Interest credited
One withdrawal or less, including partial transfers, per tax year £500+ 0.10 0.10 Annually
£1+ 0.05 0.05 Annually
Two withdrawals or more, including partial transfers, per tax year. £1+ 0.05 0.05 Annually
Effective from 24th June 2020. These interest rates are variable.

The terms and conditions of your account explain that if you make/have made two withdrawals or more including partial transfers in the same tax year* or your balance falls below the minimum £500 we will deduct 1.50% from the interest rate payable. However, at present (and until further notice) we will not deduct the full 1.50%. Instead, a lower rate of 0.05% interest will apply. We reserve the right in future to apply the 1.50% interest rate deduction. Any future changes to interest rates will be notified in accordance with the terms and conditions.

Select Access Cash ISA (All issues)

Balance Tax-free% AER% Interest credited
Two withdrawals or less, including partial transfers, per tax year £1+ 0.10 0.10 Annually
Three withdrawals or more, including partial transfers, per tax year. £1+ 0.05 0.05 Annually
Effective from 24th June 2020. These interest rates are variable.
Balance AER% Gross% Interest credited
£100+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These Interest rates are variable.

EasySaver Card

Balance AER% Gross% Interest credited
Withdrawals on twelve days or less per calendar year £100,000+ 0.03 0.03 Annually
£50,000+ 0.03 0.03 Annually
£20,000+ 0.03 0.03 Annually
£100+ 0.03 0.03 Annually
Withdrawals on thirteen days or more per calendar year £1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Maturity Saver & Matured Bond Instant Access

Balance AER% Gross% Interest credited
£100,000+ 0.03 0.03 Annually
£50,000+ 0.03 0.03
£250+ 0.03 0.03
£1+ 0.03 0.03
£100,000+ 0.03 0.03 Monthly
£50,000+ 0.03 0.03
£250+ 0.03 0.03
£1+ 0.03 0.03
Effective from 5th May 2021. These interest rates are variable. (for customers with a maturing bond only)

Select Access Saver (Issues 1-6)

Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.10 0.10 Annually
Five withdrawals or more per calendar year £1+ 0.05 0.05 Annually
Effective from 24th June 2020. These interest rates are variable.

Select Access Saver 7

Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.10 0.10 Annually
Five withdrawals or more per calendar year £1+ 0.05 0.05 Annually
Effective from 5th May 2021. These interest rates are variable.

Select Access Saver 8

Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.10 0.10 Annually
Five withdrawals or more per calendar year £1+ 0.05 0.05 Annually
Effective from 24th June 2020. These interest rates are variable.

Select Access Saver 9

Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.10 0.10 Annually
Five withdrawals or more per calendar year £1+ 0.05 0.05 Annually
Effective from 5th May 2021. These interest rates are variable.

Select Access Saver 10

Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.10 0.10 Annually
Five withdrawals or more per calendar year £1+ 0.05 0.05 Annually
Effective from 5th May 2021. These interest rates are variable.

Select Access Saver 11

Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.10 0.10 Annually
Five withdrawals or more per calendar year £1+ 0.05 0.05 Annually
Effective from 5th May 2021. These interest rates are variable.

Select Access Saver 12

Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.10 0.10 Annually
Five withdrawals or more per calendar year £1+ 0.05 0.05 Annually
Effective from 5th May 2021. These interest rates are variable.

Select Access Saver 13

Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.10 0.10 Annually
Five withdrawals or more per calendar year £1+ 0.05 0.05 Annually
Effective from 5th May 2021. These interest rates are variable.

Select Access Saver 14

Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.20 0.20 Annually
Five withdrawals or more per calendar year £1+ 0.05 0.05 Annually
Effective from 24th June 2020. These interest rates are variable.
Balance AER% Gross% Interest credited
£5,000+ 0.03 0.03 Annually
£1,000+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Cash Saver

Balance AER% Gross% Interest credited
£50,000+ 0.03 0.03 Bi-annually
£10,000+ 0.03 0.03 Bi-annually
£5,000+ 0.03 0.03 Bi-annually
£1+ 0.03 0.03 Bi-annually
Effective from 5th May 2021. These interest rates are variable.

The Co-operative Bank Instant Access Savings Account

Balance AER% Gross% Interest credited
£200+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

The Co-operative Instant Access Savings Account

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

The Co-operative Membership Savings

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Deposit 

Balance AER% Gross% Interest credited
£50,000+ 0.03 0.03 Bi-annually
£10,000+ 0.03 0.03 Bi-annually
£5,000+ 0.03 0.03 Bi-annually
£1+ 0.03 0.03 Bi-annually
Effective from 5th May 2021. These interest rates are variable.

High Interest Tracker

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Investment 90

Balance AER% Gross% Interest credited
£50,000+ 0.03 0.03 Bi-annually (or monthly)
£25,000+ 0.03 0.03 Bi-annually (or monthly)
£10,000+ 0.03 0.03 Bi-annually (or monthly)
£5,000+ 0.03 0.03 Bi-annually (or monthly)
£1+ 0.03 0.03 Bi-annually (or monthly)
Effective from 5th May 2021. These interest rates are variable.

Linked Savings

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Pathfinder

Balance AER% Gross% Interest credited
£100,000+ 0.03 0.03 Monthly
£50,000+ 0.03 0.03 Monthly
£15,000+ 0.03 0.03 Monthly
£5,000+ 0.03 0.03 Monthly
£2,500+ 0.03 0.03 Monthly
£1+ 0.03 0.03 Monthly
Effective from 5th May 2021. These interest rates are variable.

Personal Special Deposit

Balance AER% Gross% Interest credited
£50,000+ 0.03 0.03 Bi-annually
£10,000+ 0.03 0.03 Bi-annually
£5,000+ 0.03 0.03 Bi-annually
£1+ 0.03 0.03 Bi-annually
Effective from 5th May 2021. These interest rates are variable.

Privilege Premier Savings

Balance AER% Gross% Interest credited
£100,000+ 0.12 0.12 Annually
£1+ 0.06 0.06 Annually
Effective from 5th May 2021. These interest rates are variable.

If you convert your Privilege Premier current account to a standard Current account, your Privilege Premier savings account will also be converted to a standard Linked Savings account and the lower variable rate of interest for that account will be paid.

Privilege Savings

Balance AER% Gross% Interest credited
£1+ 0.06 0.06 Annually
Effective from 5th May 2021. These interest rates are variable.

If you convert your Privilege current account to a standard Current account, your Privilege savings account will also be converted to a standard Linked Savings account and the lower variable rate of interest for that account will be paid.

Save Direct

Balance AER% Gross% Interest credited
£100,000+ 0.03 0.03 Annually
£50,000+ 0.03 0.03 Annually
£25,000+ 0.03 0.03 Annually
£15,000+ 0.03 0.03 Annually
£5,000+ 0.03 0.03 Annually
£250+ 0.03 0.03 Annually
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable

Savewise

Balance AER% Gross% Interest credited
£50,000+ 0.03 0.03 Bi-annually
£10,000+ 0.03 0.03 Bi-annually
£5,000+ 0.03 0.03 Bi-annually
£1+ 0.03 0.03 Bi-annually
Effective from 5th May 2021. These interest rates are variable.

Savings Plus

Balance AER% Gross% Interest credited
£1+ 0.06 0.06 Annually

Effective from the 5th May 2021. The Savings Plus account is a linked savings account and was opened as part of the Current Account Plus. These interest rates are variable and guaranteed to track 0.5% below the Bank of England Base Rate for the life of your Current Account Plus.

If you convert your Current Account Plus to a Standard Current Account, your Savings Plus account will also be converted to a standard Linked Savings account and the lower variable rate of interest for that account will be paid.

TESSA Deposit (Matured TESSA account)

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

ISA

The Co-operative Cash ISA

Balance AER% Gross% Interest credited
£1+ 0.03 0.03 Annually
Effective from 5th May 2021. These interest rates are variable.

Fixed Term

Your rate is fixed which means it won't change during the term. Please refer to your welcome letter or statement to check your rate. Alternatively visit us in branch or contact us.

Savings terms explained

AER stands for Annual Equivalent Rate and shows what the interest rate would be if it were paid and added to your account each year.

Fixed interest means the rate stays the same until the account matures.

Gross is the rate of interest payable before any tax is taken off.

Tax-free means you will not pay any tax on your interest.

Tax year runs from 6 April to 5 April.

Variable interest means that it could go up or down.

Business day is usually Monday to Friday excluding bank holidays.

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 Co-operative Bank reserves the right to decline to accept any application and/or deposit.

FSCS logo

Financial Services Compensation Scheme

Your eligible deposits held by a UK establishment of The Co-operative Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: The Co-operative Bank, Britannia and smile. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please click here for further information or visit www.fscs.org.uk

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