Interest rates

Listed below are the current interest rates for our on sale and off sale bank accounts and savings products. All of our accounts, excluding Fixed Term Deposits, are subject to variable rates of interest.

1 Year Fixed Rate ISA (Existing Clients only) [Off Sale]

Term Balance AER% tax free (Re-invested before 1 November 2020) AER% tax free (Re-invested from 1 November 2020)
12 months £0 + 0.55 0.01

Rates may vary and are correct as at 1 November 2020

Please note that this product is no longer on sale. 

  • Available to existing clients only
  • Partial withdrawals are not allowed
  • Interest will be paid to your Account at maturity
  • You can access the whole of your balance by closing the account or by transferring the cash ISA in full to another ISA provider by contacting them directly. You can transfer out or close your ISA at any time without penalty prior to maturity and we will apply any interest earned up to the day before withdrawal
  • Interest rates are tax free/AER (fixed) until maturity (the tax free rate is the rate of interest payable where interest is exempt from income tax)
  • Please be aware that as we no longer accept new ISA subscriptions, you will not be able to add any new funds to this Deposit, now or before maturity
  • We will write to you before your ISA matures to tell you what will happen and the options you have when your ISA matures. If we don’t hear from you by the maturity date, the account will automatically rollover into a new 1 Year Fixed Rate ISA at the interest rate above.

The favourable tax treatment of ISAs may change in the future

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.