Interest Rates for Accounts Closed for New Investments
These variable rate products are no longer available.
Effective from 14 February 2011
| Account Name |
Balance |
AER |
Gross |
Net |
| Cheque-A-Month |
| No Notice |
£1 plus |
0.10% |
0.10% |
0.08% |
| 7 Days Notice, formerly 1 Months Notice |
£1 plus |
0.15% |
0.15% |
0.12% |
| 60 Days Notice, formerly 3 Months and 6 Months Notice |
£1 plus |
0.40% |
0.40% |
0.32% |
| Corporate Deposit Account |
£50,000 plus |
0.10% |
0.10% |
0.08% |
£20,000 -
£49,999 |
0.10% |
0.10% |
0.08% |
£1 -
£19,000 |
0.10% |
0.10% |
0.08% |
| Super Six |
£50,000 plus |
Without Bonus
0.70% |
Without Bonus
0.70% |
0.56% |
£1 -
£49,999 |
With Bonus
0.95% |
With Bonus
0.95% |
0.76% |
| eSaver Issue 1 |
£1 - £1,000,000 |
1.65% |
1.65% |
1.32% |
| eSaver Issue 2 |
£1 - £1,000,000 |
2.85% Year 1 |
2.85% Year 1 includes bonus of 1.20% from date of opening |
2.28% |
| 1.65% Year 2 |
1.65% Year 2 onwards |
1.32% |
| eSaver Issue 3 |
£1 - £1,000,000 |
2.40% Year 1 |
2.40% Year 1 includes bonus of 0.75% from date of opening |
1.92% |
| 1.65% Year 2 |
1.65% Year 2 onwards |
1.32% |
| eSaver Issue 4 |
£1 - £1,000,000 |
2.85% Year 1 |
2.85% Year 1 includes bonus of 1.20% from date of opening |
2.28% |
| 1.65% Year 2 |
1.65% Year 2 onwards |
1.32% |
| Monthly Income Account |
£50,000 plus |
0.60% |
0.60% |
0.48% |
| £1 - £49,000 |
0.40% |
0.40% |
0.32% |
| 60+ Monthly Income Account |
£1 - £500,000 |
0.70% |
0.70% |
0.56% |
| 7 Days Notice Account |
£1 plus
(Annual Interest) |
0.15% |
0.15% |
0.12% |
£1 plus
(Monthly Interest) |
0.15% |
0.15% |
0.12% |
| Monthly Saver Account |
£1 plus |
1.05% |
1.05% |
0.84% |
| Postal Account |
£1 plus
(Annual Interest) |
0.50% |
0.50% |
0.40% |
£1 plus
(Annual Interest) |
0.50% |
0.50% |
0.40% |
| Charities & Overseas Residents Account (Issues 1 & 2) |
| No Notice |
£20,000 plus |
0.10% |
0.10% |
- |
| No Notice |
£1 - £19,999 |
0.10% |
0.10% |
- |
| One Week Notice, formerly 1 Month's Notice |
£1 plus |
0.15% |
0.15% |
- |
| 60 Days Notice, formerly 3 Month's Notice |
£1 plus |
0.35% |
0.35% |
- |
| The ISA Capital Plan Account |
£1 plus |
0.60% |
0.60% |
0.48% |
| The Deposit Account (Issue 1 & 2) |
£1 plus |
0.10% |
0.10% |
0.08% |
| The Personal Deposit Account |
£1 plus |
0.10% |
0.10% |
0.08% |
| Special Instant Access Account |
£1 plus |
0.10% |
0.10% |
0.08% |
| Preference Shares |
£1 plus |
0.10% |
0.10% |
0.08% |
| Instant Summer Saver |
£500 - £15,000 |
Without Bonus 1.50% |
Without Bonus 1.50% |
1.20% |
| With Bonus 3.02% |
With Bonus 3.00% |
2.40% |
| Member Variable Bond |
£500 plus |
15+ Years Membership 3.12% |
15+ Years Membership 3.10% |
2.48% |
| 10+ Years Membership 3.02% |
10+ Years Membership 3.00% |
2.40% |
| 5+ Years Membership 2.92% |
5+ Years Membership 2.32% |
2.32% |
| 2+ Years Membership 2.82% |
2+ Years Membership 2.80% |
2.24% |
| 30 Day Direct Issue 1 |
£1,000 - £500,000
(Annual Interest) |
With Bonus Year 1 2.90% |
With Bonus Year 1 2.90% |
2.32% |
£1,000 - £500,000
(Monthly Interest) |
With Bonus Year 1 2.90% |
With Bonus Year 1 2.86% |
2.29% |
£1,000 - £500,000
(Annual Interest) |
Without Bonus Year 2 onwards 1.90% |
Without Bonus Year 2 onwards 1.90% |
1.52% |
£1,000 - £500,000
(Monthly Interest) |
Without Bonus Year 2 1.90% |
With Bonus Year 2 1.86% |
1.49% |
| eISA Issue 1 |
£1 - £5,100 |
1.80% |
1.80% |
- |
| eISA Issue 2 |
£1 plus |
2.80% Year 1 |
2.80% Year 1 includes bonus of 1.00% from date of opening |
- |
| 1.80% Year 2 |
1.80% Year 2 onwards |
- |
| 2 Year Variable Rate Cash ISA (Issue 70) |
£1 plus |
3.00% |
3.00% |
- |
| 2 Year Variable Rate Cash ISA (Issue 70) |
£1 plus |
3.00% |
3.00% |
- |
| 2 Year Variable Rate Cash ISA (Issue 72) |
£1 plus |
2.85% |
2.85% |
- |
| 1 Year Exclusive Variable rate Cash ISA (Issue 73) |
£1 plus |
2.55% |
2.55% |
- |
| 30 Day Notice Cash ISA |
£1 plus |
1.60% |
1.60% |
- |
| First Bonus Cash ISA |
£1 plus |
2.10% |
2.10% |
- |
| Member Variable Bond Issue 16 (10 Years +) |
£500 - £20,000 sole £40,000 joint |
3.30% |
3.31% |
2.65% |
| Member Variable Bond Issue 16 (5 Years +) |
£500 - £20,000 sole £40,000 joint |
3.20% |
3.21% |
2.57% |
| Member Variable Bond Issue 16 (2 Years +) |
£500 - £20,000 sole £40,000 joint |
3.10% |
3.11% |
2.49% |
Details of the notice periods and other terms relating to these Accounts are shown in the applicable Account Terms and the Savings Terms and Conditions. Customers will be given personal notification of any reduction in interest rates within a reasonable time before the change takes effect, or if the Account is a payment services account, 60 days before the change takes effect.
* Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and compounded once each year.
# Net is the rate of interest payable after the deduction of income tax at the rate specified by law.
^Tax-free means the interest you earn is exempt from UK Income Tax and Capital Gains Tax. Tax treatment depends on your individual circumstances and may change in future.
