Interest Rates for our savings products no longer available

Below are the current interest rates for savings accounts no longer available to new savers. Please note that since these products were launched we've changed the way we use your personal information. Please see the how we use your personal information PDF.

 

Britannia

Instant Access

Branch Deposit
Balance AER% Gross% Interest credited
£100,000+ 0.10 0.10 Annually
£50,000+ 0.10 0.10 Annually
£1+ 0.10 0.10 Annually
Effective from 28th March 2009. These Interest rates are variable.
Cash Child Trust Fund (non stakeholder)
Balance AER% Gross% Interest credited
£1+ 0.80 0.80 Annually
Effective from 14th November 2016. These Interest rates are variable.
Clubs and Charities account and Gross Interest Deposit account
Balance AER% Gross% Interest credited
£100+ 0.10 0.10 Annually
Effective from 28th March 2009. These Interest rates are variable.

Balances which fall below the £100 minimum on Clubs and Charities accounts and Gross Interest Deposit accounts receive 0.10% gross/AER
Designated Client Account
Balance AER% Gross% Interest credited
£1+ 0.10 0.10 Annually
Effective from 1st April 2012. The rate of interest payable on this account is variable and will be calculated at the gross London Inter Bank Bid Rate (LIBID) at 10am on the last working day of each month, less 0.50%. Interest will be credited to accounts on 1st April each year.
Devon and Cornwall
Balance AER% Gross% Interest credited
£1+ 0.10 0.10 Bi-Annually
Effective from 28th March 2009. These Interest rates are variable.
DirectSaver
Balance AER% Gross% Interest credited
£100+ 0.25 0.25 Annually
£1+ 0.10 0.10 Annually
Effective from 14th November 2016. These Interest rates are variable. 
DirectSaver Monthly
Balance AER% Gross% Interest credited
£100+ 0.25 0.25 Monthly
£1+ 0.10 0.10 Monthly
Effective from 14th November 2016. These Interest rates are variable.
FirstSaver
Balance AER% Gross% Interest credited
£1+ 0.25 0.25 Annually
Effective from 28th March 2009. These Interest rates are variable.
Flexible Savings
Balance AER% Gross% Interest credited
£20,000+ 0.12 0.12 Annually
£1+ 0.10 0.10 Annually
£20,000+ 0.12 0.12 Monthly
£1+ 0.10 0.10 Monthly
Effective from 28th March 2009. These Interest rates are variable.
Instant Access & Instant Access Card Deposit
Balance AER% Gross% Interest credited
£20,000+ 0.12 0.12 Annually
£100+ 0.10 0.10 Annually
Effective from 28th March 2009. These Interest rates are variable.
Net Interest Deposit
Balance AER% Gross% Interest credited
£1+ 0.10 0.10 Annually
Effective from 28th March 2009. These Interest rates are variable.
Select Saver
Balance AER% Gross% Interest credited
£1+ 0.10 0.10 Annually
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.
Term Issue Interest Credited Gross% AER%
1Y 247 Annually 1.53 1.53
1Y 247 Monthly 1.50 1.51
1Y 250 Annually 0.95 0.95
1Y 250 Monthly 0.94 0.94
1Y 254 Annually 1.25 1.25
1Y 254 Monthly 1.24 1.25
1Y 255 Annually 1.28 1.28
1Y 255 Monthly 1.25 1.25
1Y 256 Annually 1.45 1.45
1Y 256 Monthly 1.44 1.45
1Y 257 Annually 1.50 1.50
1Y 257 Monthly 1.46 1.47
1Y 258 Annually 1.12 1.12
1Y 258 Monthly 1.11 1.12
1Y 260 Annually 0.65 0.65
1Y 260 Monthly 0.64 0.64
2Y 107 Annually 1.71 1.71
2Y 107 Monthly 1.68 1.69
2Y 108 Annually 1.60 1.60
2Y 108 Monthly 1.58 1.59
2Y 109 Annually 1.35 1.35
2Y 109 Monthly 1.34 1.35
2Y 110 Annually 1.43 1.43
2Y 110 Monthly 1.40 1.41
2Y 111 Annually 1.05 1.05
2Y 111 Monthly 1.04 1.05
2Y 112 Annually 1.09 1.09
2Y 112 Monthly 1.06 1.07
2Y 113 Annually 1.20 1.20
2Y 113 Monthly 1.19 1.20
2Y 114 Annually 1.25 1.25
2Y 114 Monthly 1.21 1.22
2Y 115 Annually 1.40 1.40
2Y 115 Monthly 1.39 1.40
2Y 116 Annually 1.43 1.43
2Y 116 Monthly 1.40 1.41
2Y 117 Annually 1.60 1.60
2Y 117 Monthly 1.58 1.60
2Y 118 Annually 1.65 1.65
2Y 118 Monthly 1.62 1.63
2Y 119 Annually 1.18 1.18
2Y 119 Monthly 1.17 1.18
2Y 121 Annually 0.75 0.75
2Y 121 Monthly 0.74 0.74
3Y 64 Annually 1.70 1.70
3Y 64 Monthly 1.69 1.70
3Y 65 Annually 1.81 1.81
3Y 65 Monthly 1.78 1.79
3Y 66 Annually 1.80 1.80
3Y 66 Monthly 1.78 1.79
3Y 67 Annually 2.00 2.00
3Y 67 Monthly 1.96 1.98
3Y 68 Annually 1.90 1.90
3Y 68 Monthly 1.88 1.90
3Y 69 Annually 1.50 1.50
3Y 69 Monthly 1.49 1.50
3Y 70 Annually 1.59 1.59
3Y 70 Monthly 1.56 1.57
3Y 71 Annually 1.20 1.20
3Y 71 Monthly 1.19 1.20
3Y 72 Annually 1.25 1.25
3Y 72 Monthly 1.21 1.22
3Y 73 Annually 1.40 1.40
3Y 73 Monthly 1.39 1.40
3Y 74 Annually 1.43 1.43
3Y 74 Monthly 1.40 1.41
3Y 75 Annually 1.60 1.60
3Y 75 Monthly 1.58 1.60
3Y 76 Annually 1.65 1.65
3Y 76 Monthly 1.62 1.63
3Y 77 Annually 1.75 1.75
3Y 77 Monthly 1.73 1.75
3Y 78 Annually 1.81 1.81
3Y 78 Monthly 1.78 1.79
3Y 79 Annually 1.25 1.25
3Y 79 Monthly 1.24 1.25
3Y 81 Annually 0.90 0.90
3Y 81 Monthly 0.89 0.89

ISA

30-day Notice Cash ISA
Balance Tax-Free% AER% Interest credited
£9,000+ 0.84
0.84 Annually
£3,000+ 0.50 0.50
£9,000+ 0.84 0.84 Monthly
£3,000+ 0.50 0.50
Effective from 18th January 2018. These interest rates are variable.
Cash ISA
Balance Tax-free% AER% Interest credited
£1+ 0.37 0.37 Annually
Effective from 14th November 2016. These Interest rates are variable.
Instant Access Cash ISA
Balance Tax-free% AER% Interest credited
£15,000+ 1.00
1.00 Annually
£9,000+ 0.75 0.75 Annually
£3,000+ 0.38 0.38 Annually
£1+ 0.38 0.38 Annually
Effective from 14th November 2016. 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+ 0.80 0.80 Annually
£1+ 0.25 0.25 Annually
Two withdrawals or more, including partial transfers, per tax year. £1+ 0.25 0.25 Annually
Effective from 14th November 2016. 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 0.25% 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 (Issues 1-5)
  Balance Tax-free% AER% Interest credited
Two withdrawals or less, including partial transfers, per tax year £1+ 0.80 0.80 Annually
Three withdrawals or more, including partial transfers, per tax year. £1+ 0.25 0.25 Annually
Effective from 14th November 2016. These interest rates are variable.

Limited Access

DirectSaver Reserve
Balance AER% Gross% Interest credited
£100+ 0.38 0.38 Annually
£1+ 0.10 0.10 Annually
Effective from 14th November 2016. These Interest rates are variable.
EasySaver
Balance AER% Gross% Interest credited
£100,000+ Withdrawals on twelve days or less per calendar year 0.20 0.20 Annually
£50,000+ 0.20 0.20 Annually
£20,000+ 0.15 0.15 Annually
£100+ 0.12 0.12 Annually
£1+ Withdrawals on thirteen days or more per calendar year 0.10 0.10 Annually
Effective from 28th March 2009. These Interest rates are variable.
HomeSaver
Balance AER% Gross% Interest credited
£250+ 0.38 0.38 Annually
£1+ 0.10 0.10 Annually
Effective from 14th November 2016. These Interest rates are variable.
Maturity Saver & Matured Bond Instant Access
Balance AER% Gross% Interest credited
£100,000+ 0.20 0.20 Annually
£50,000+ 0.20 0.20
£250+ 0.15 0.15
£1+ 0.10 0.10
£100,000+ 0.20 0.20 Monthly
£50,000+ 0.20 0.20
£250+ 0.15 0.15
£1+ 0.10 0.10
Effective from 28th March 2009. These Interest rates are variable.

(For customers with a maturing bond only)
Premium Saver
Balance AER% Gross% Interest credited
£100,000+ 0.20 0.20 Annually
£50,000+ 0.20 0.20
£20,000+ 0.15 0.15
£1,000+ 0.12 0.12
£1+ 0.10 0.10
£100,000+ 0.20 0.20 Monthly
£50,000+ 0.20 0.20
£20,000+ 0.15 0.15
£1,000+ 0.12 0.12
£1+ 0.10 0.10
Effective from 28th March 2009. These Interest rates are variable.
Select Access Saver (Issues 1-6)
  Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 0.70 0.70
Annually
Five withdrawals or more per calendar year £1+ 0.10 0.10
Effective from 14th November 2016. These interest rates are variable.
Select Access Saver 7
  Balance AER% Gross% Interest credited
Four withdrawals or less per calendar year £1+ 1.10 1.10
Annually
Five withdrawals or more per calendar year £1+ 0.10 0.10
Effective from 12th April 2017. These interest rates are variable.

Regular Savings

Regular Saver
Balance AER% Gross% Interest credited
£20+ 0.10 0.10 Anniversary
Effective from 28th March 2009. These Interest rates are variable.

An additional 2% gross interest bonus will be paid on anniversary if you make 12 monthly payments per year and no more than one withdrawal per year.
Easy Regular Saver
Balance AER% Gross% Interest credited
£20+ 0.10 0.10 Anniversary
Effective from 28th March 2009. These Interest rates are variable.

An additional 2% gross interest rate bonus will be paid on anniversary if you make 10 monthly payments per year and no more than two withdrawals per year.

The Co-operative Bank

Instant Access

Bonus Account
Balance AER% Gross% Interest Credited
£5,000+ 0.34 0.34 Annually
£1,000+ 0.34 0.34 Annually
£1+ 0.34 0.34 Annually
Effective from 30th November 2017. These Interest rates are variable.
Cash Saver
Balance AER% Gross% Interest credited
£50,000+ 0.15 0.15 Bi-annually
£10,000+ 0.12 0.12 Bi-annually
£5,000+ 0.09 0.09 Bi-annually
£1+ 0.06 0.06 Bi-annually
Effective from 11th March 2009. These Interest rates are variable.
The Co-operative Bank Instant Access Savings Account
Balance AER% Gross% Interest credited
£200+ 0.09 0.09 Annually
£1+ 0.06 0.06 Annually
Effective from 11th March 2009. These Interest rates are variable.
The Co-operative Instant Access Savings Account
Balance AER% Gross% Interest credited
£1+ 0.25 0.25 Annually
Effective from 11th March 2009. These Interest rates are variable.
Deposit
Balance AER% Gross% Interest credited
£50,000+ 0.15 0.15 Bi-annually
£10,000+ 0.12 0.12 Bi-annually
£5,000+ 0.09 0.09 Bi-annually
£1+ 0.06 0.06 Bi-annually
Effective from 11th March 2009. These Interest rates are variable.
High Interest Tracker
Balance AER% Gross% Interest credited
£1+ 0.25 0.25 Annually
Effective from 11th March 2009. These Interest rates are variable.
Investment 90
Balance AER% Gross% Interest credited
£50,000+ 0.18 0.18 Bi-annually (or monthly)
£25,000+ 0.15 0.15 Bi-annually (or monthly)
£10,000+ 0.12 0.12 Bi-annually (or monthly)
£5,000+ 0.09 0.09 Bi-annually (or monthly)
£1+ 0.06 0.06 Bi-annually (or monthly)
Effective from 11th March 2009. These Interest rates are variable.
Linked Savings
Balance AER% Gross% Interest credited
£1+ 0.34 0.34 Annually
Effective from 30th November 2017. These Interest rates are variable.
Pathfinder
Balance AER% Gross% Interest credited
£100,000+ 0.21 0.21 Monthly
£50,000+ 0.18 0.18 Monthly
£15,000+ 0.15 0.15 Monthly
£5,000+ 0.12 0.12 Monthly
£2,500+ 0.09 0.09 Monthly
£1+ 0.06 0.06 Monthly
Effective from 11th March 2009. These Interest rates are variable.

Terms and Conditions >
How we use your personal information >
Account charges and savings leaflet >
Personal Special Deposit
Balance AER% Gross% Interest credited
£50,000+ 0.34 0.34 Bi-annually
£10,000+ 0.25 0.25 Bi-annually
£5,000+ 0.09 0.09 Bi-annually
£1+ 0.06 0.06 Bi-annually
Effective from 14th November 2016. These Interest rates are variable.
Privilege Premier Savings
Balance AER% Gross% Interest credited
£100,000+ 0.71
0.71
Annually
£1+ 0.68 0.68 Annually
Effective from 14th November 2016. 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+ 0.53 0.53 Annually
Effective from 30th November 2017. 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+ 0.21 0.21 Annually
£50,000+ 0.18 0.18 Annually
£25,000+ 0.15 0.15 Annually
£15,000+ 0.12 0.12 Annually
£5,000+ 0.09 0.09 Annually
£250+ 0.06 0.06 Annually
£1+ 0.06 0.06 Annually
Effective from 11th March 2009. These Interest rates are variable.
Savewise
Balance AER% Gross% Interest credited
£50,000+ 0.15 0.15 Bi-annually
£10,000+ 0.12 0.12 Bi-annually
£5,000+ 0.09 0.09 Bi-annually
£1,000+ 0.06 0.06 Bi-annually
Effective from 11th March 2009. These Interest rates are variable.
Savings Plus
Balance AER% Gross% Interest credited
£1+ 0.46 0.46 Annually
Effective from 30th November 2017. These interest rates are variable. The Savings Plus account is a linked savings account and is opened as part of the 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+ 0.06 0.06 Annually
Effective from 11th March 2009. These Interest rates are variable.

ISA

The Co-operative Cash ISA
Balance Tax-free% AER% Interest credited
£1+ 0.37 0.37 Annually
Effective from 14th November 2016. These Interest rates are variable.

Fixed Term

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 speak to one of our savings advisers on 03457 212 212.

Definitions

Gross - The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).

AER - Stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Tax-free - The contractual rate of interest payable where interest is exempt from income tax.

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.

Remember you can subscribe to a Co-operative Bank/ Britannia Cash ISA as long as you have not subscribed to another cash ISA with another provider in the current tax year.

smile, The Co‑operative Bank and Britannia are trading names of The Co‑operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS). Find out more