Message to our Savers – August 16th 2022
From today we have increased our savings rates for the following accounts:
- Variable Cash ISA account (issue 2) will increase from 1.00% PA/AER** to 1.5% PA/AER
- 2 Year Fixed Rate Bond will be increasing from 2.00% PA/AER to 2.5% PA/AER
- 18 Club will be increasing from 1.85% PA/AER to 2.0% AER
We are also launching a new 45 Days’ Notice account with a gross interest rate of 2.00% PA/AER. You can see the full product details in our savings section.
Please note that the 18 Club and Cash ISA (Issue 1) accounts are closed to new applications.
Our current investment rates as well as full investment rate leaflets which are available as a download, can be found in our savings section.
**AER stands for annual equivalent rate and illustrates what the rate would be if interest was paid and compounded once a year. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. The rate of interest payable on variable rate accounts may be subject to change in the future.