Interest Rates

Listed below are the current interest rates for our on-sale and off-sale bank accounts and savings products. All of our on sale accounts, excluding fixed term deposits, are subject to variable rates of interest. 

For Term Deposit rates available to SIPP/SSAS deposits, please see 'Term Deposit Account (Personal)'.

12 month Term Deposits are also available in Euro and US Dollar currency options. If you require rates for these currency deposits please contact us on 0800 092 3300.  Calls may be recorded or monitored.

Should you require information and rates for offshore bonds, please contact us on 0800 212 638. Calls may be recorded or monitored.

*The Gross rate is the interest rate we pay before Income tax is taken off.
**AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.

  • Interest will be paid net of income tax at the prescribed rate unless the individual registers to receive interest gross. To be eligible to register for gross interest, the individual has to be a UK resident and not expect to have to pay interest on the interest that they receive. Further information is available on the HMRC website
  • Gross interest without deduction of tax is normally available to companies, charities, clubs, pensions and other accounts subject to the correct documentation being provided.
  • Please note that, if you have a Professional Adviser they may receive commission from Cater Allen Private Bank in respect of your Account.