Notices

Our variable rate savings accounts are decreasing

Interest rates on the majority of our variable savings accounts are decreasing from 24 September 2025

The interest rates on the majority of our variable rate savings products are decreasing from 24 September 2025 – you can find full details below. We have notified those customers affected by email or by letter.

Please note that some of our savings accounts listed below are not currently available for new account openings. If you would like to see details of our current saving accounts please click here.

 

AccountMinimum Balance Current Rate Gross Current Rate Gross AER#New Rate Gross New Rate Gross AER#
Capital 90 (1) ~     
Annual interest£20,000+4.35%4.35%3.95%3.95%
(Rate effective from 23 December 2025)     
      
Monthly interest£20,000+4.23%4.31%3.83%3.90%
(Rate effective from 23 December 2025)     
      
Capital 90 (2) ~     
Annual interest £20,000+4.35%4.35%3.95%3.95%
(Rate effective from 23 December 2025)     
      
Monthly interest£20,000+4.23%4.31%3.83%3.90%
(Rate effective from 23 December 2025)     
      
Capital 120 (1)
    
Annual interest£1,000+4.40%4.40%4.00%4.00%
(Rate effective from 22 January 2026)     
      
Monthly interest£1,000+4.28%4.36%3.88%3.95%
(Rate effective from 22 January 2026)     
AccountMinimum Balance Previous Rate Gross Previous Rate Gross AER#Current Rate Gross Current Rate Gross AER#
Premium Saver (1)*~, (2)*~     
Annual interest£5,000+3.55%3.55%3.30%3.30%
(New rate effective from 24 September 2025)     
      
Premium Saver (3)*~     
Annual interest£15,000+3.55%3.55%3.30%3.30%
(New rate effective from 24 September 2025)     
      
Premium Saver (4)*~     
Annual interest£10,000+3.55%3.55%3.30%3.30%
(New rate effective from 24 September 2025)     
      
Premium Saver (5)*~, (6)*~     
Annual interest£1,000+3.55%
3.55%
3.30%3.30%
(New rate effective from 24 September 2025)     

 

AccountMinimum Balance Previous Rate Gross Previous Rate Gross AER#Current Rate Gross Current Rate Gross AER#
Everyday Saver (1), (2), (3)     
Annual interest£50,000+2.85%2.85%2.60%2.60%
(Rate effective from 24 September 2025)£100+2.75%2.75%2.50%2.50%
      
Branch Saver (1), (2), (3), (4), (5)     
Annual interest£500+2.90%2.90%2.65%2.65%
(Rate effective from 24 September 2025)£1+2.80%2.80%2.55%2.55%
      
Online Saver (1)*, (2)*, (3)*, (4)*     
Annual interest£100+3.55%3.55%3.30%3.30%
(Rate effective from 24 September 2025)     
      
AccountMinimum Balance Previous Rate Gross Previous Rate Tax-free^AER#Current Rate Gross Current Rate Tax-free^AER#
Flexible ISA (1), (2), (3)     
Annual interest£500+2.85%2.85%2.60%2.60%
(Rate effective from 24 September 2025)    

AccountMinimum Balance Previous Rate Gross Previous Rate Gross AER#Current Rate Gross Current Rate Gross AER#
Junior Saver (1), (2)     
Annual interest£3,000+4.00%4.00%3.75%3.75%
(Rate effective from 24 September 2025)£1,000+3.75%3.75%3.50%3.50%
 £1+3.75%3.75%3.50%3.50%
      
AccountMinimum Balance Current Rate Gross Current Rate Tax-free^AER#New Rate Gross New Rate Tax-free^AER#
Junior Cash ISA (1), (2)     
Annual interest£3,000+4.10%4.10%3.85%3.85%
(Rate effective from 8 November 2025)£1,000+3.85%3.85%3.60%3.60%
 £1+3.85%3.85%
3.60%3.60%

Notes:

#AER stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.

^Interest is paid tax-free as it is currently exempt from income tax. The future tax treatment of Individual Savings Accounts may vary.

*A maximum withdrawal limit of £25,000 per day, per account applies. 

~ No additional funds can be paid into these account(s).

 

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