We are increasing our savings rates for the following accounts from Thursday 28th July 2022:
- Cash ISA accounts will increase from 0.55% Gross PA/AER* to 0.70% AER
- 30 days’ Notice Accounts will increase from 0.60% Gross PA/AER to 0.75% AER
- 90 days’ Notice Accounts will increase from 0.65% Gross PA/AER to 0.80% AER
- Instant Access accounts will increase from 0.35% AER / 0.45% Gross PA/AER to 0.60% AER
- 21 Club accounts will increase from 0.85% AER to 1.00% Gross PA/AER
From this date the Society will also be launching a new Variable Cash ISA (Issue 2) with a gross interest rate of 1.00% PA/AER. If you are interested in this option, please feel free to contact us.
View our full Savings products range.
*The gross rate (PA) is the rate before deducting tax at the rate applicable to savings income. The annual equivalent rate (AER) is a notional rate which illustrates what the gross interest rate would be if the interest was paid and added to the account annually.