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.

Download our Interest rates Factsheet.

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

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 where no income tax has been deducted. From 6 April 2016 the way we pay your interest changed, for more information please visit our news page.
**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.

  • From 6 April 2016 banks and building societies started paying interest to you ‘gross’. This means we no longer automatically take 20% in income tax from the interest paid on non-ISA savings and current accounts.
  • This has happened automatically and you don’t need to contact us or do anything. In the past, to register for ‘gross’ interest you would have needed to complete an R85 form, but from 6 April 2016 there is no need to do this.
  • Please note that, if you have a Financial Adviser they may receive commission from Cater Allen Private Bank in respect of your Account.