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.

Prestige Bank Account [Off Sale] - £ pounds

Balance Gross % p.a. AER % p.a.
£500,000+ 0.05% 0.05%
£0+ 0.00% 0.00%

Rates may vary and are correct as at 29 June 2020

Please note that this product is no longer on sale. 

  • Interest rates are variable and tiered
  • Interest is calculated daily and credited monthly
  • No interest is paid on accounts with balances below £500,000.

The gross rate is the interest rate we pay where no income tax has been deducted.

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.