Interest rates
Our rates may change from time to time, so the rates you see today may not be available tomorrow.
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Below are details of our current rate(s).
Rate type
Current
Date issued
14/08/2025
AER%1
4.04% variable
Gross%2
3.97% variable
Rate type
Existing
Date issued
15/05/2025
AER%1
4.26% variable
Gross%2
4.18% variable
'Current' is the rate of interest available to all new customers.
'Existing' is the rate of interest held by existing customers.
Definitions
1 AER
'AER’ stands for 'Annual Equivalent Rate’ and illustrates what the interest rate would be if interest was paid and compounded once each year.
2 Gross
'Gross’ is the rate of interest without tax deducted.
