Monthly Savings account
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Current interest rates
Monthly interest (effective from 01/07/09). The following rates (higher interest rates) are paid where no withdrawals have been made in the previous calendar month. |
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Balance
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Gross rate pa%
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Net rate pa%
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AER%
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£1+
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4.17
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3.34
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4.25
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| Monthly interest (effective from 01/07/09). The following rates (lower interest rates) are paid where one or more withdrawals have been made in the previous calendar month. |
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Balance
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Gross rate pa%
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Net rate pa%
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AER%
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£1+
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2.99
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2.39
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3.03
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The above rates are effective from 1 July 2009 and are fixed for the 12 month term. Interest is paid monthly on the first working day of the month. Monthly deposits from £20 - £250 (maximum £3,000 over the term). One account per person.
Previous interest rates
Monthly interest (effective from 01/12/08). The following rates (higher interest rates) are paid where no withdrawals have been made in the previous calendar month. |
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Balance
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Gross rate pa%
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Net rate pa%
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AER%
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£1+
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5.84
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4.67
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6.00
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| Monthly interest (effective from 01/12/08). The following rates (lower interest rates) are paid where one or more withdrawals have been made in the previous calendar month. |
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Balance
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Gross rate pa%
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Net rate pa%
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AER%
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£1+
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2.99
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2.39
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3.03
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The above rates are effective from 1 December 2008 and are fixed for the 12 month term. Interest is paid monthly on the first working day of the month. Monthly deposits from £20 - £250 (maximum £3,000 over the term). One account per person.
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More information:
 What is Monthly Savings?
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Read important information about our interest rates.
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