Savings Interest Rates

You will find the interest rates of our current product range and also all our previous issue products below.

Current Products

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Product Issue Number Date Launched Annual Interest Rate Gross/AER Monthly Interest Rate Gross
1 Year Fixed Rate Business BondIssue 1427/01/171.10% FixedN/A
3 Year Fixed Rate Business BondIssue 327/01/171.40% FixedN/A

The minimum balance for a 1 Year Fixed Rate Business Bond or 3 Year Fixed Rate Business Bond is £10,000.

If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert in to an Easy Access Account which currently pays 0.25% Gross/AER Variable.

Please note: We allow existing customers with previous issue products (excluding fixed rate bonds) to transfer to current products subject to meeting the terms & conditions of the new account. Where the new product has a notice period equivalent to, or longer than, the previous issue product held, this can be done immediately without having to wait for the notice period to expire. To do this, please apply for the new product and then contact us to transfer the funds.

Previous issue products - Business Notice Accounts

30 Day Business Notice Accounts

Issue Number Rate From Annual Interest Rate Gross/AER Variable Monthly Interest Rate Gross Variable
All Issues 13/10/2016 1.25% 1.24%

31 Day Business Notice Accounts

Issue Number Rate From Annual Interest Rate Gross/AER Variable Monthly Interest Rate Gross Variable
Issue 1 16/08/2016 1.10% 1.09%

45 Day Business Notice Accounts

Issue Number Rate From Annual Interest Rate Gross/AER Variable Monthly Interest Rate Gross Variable
Issue 1 23/10/2016 1.05% 1.045%

60 Day Business Notice Accounts

Issue Number Rate From Annual Interest Rate Gross/AER Variable Monthly Interest Rate Gross Variable
Issue 1 07/11/2016 1.20% 1.19%
Issue 2 24/03/2014 1.20% 1.19%
Issue 3 & 4 07/11/2016 0.75% 0.747%

95 Day Business Notice Accounts

Issue Number Rate From Annual Interest Rate Gross/AER Variable Monthly Interest Rate Gross Variable
Issue 1, 2, 3 & 5 09/12/2016 1.50% 1.49%
Issue 4 09/12/2016 1.55% 1.54%

120 Day Business Notice Accounts

Issue Number Rate From Annual Interest Rate Gross/AER Variable Monthly Interest Rate Gross Variable
Issue 1 04/01/2017 1.55% 1.54%
Issue 2 13/07/2016 1.55% 1.54%

Previous issue products - Fixed Rate Business Bonds

1 Year Business Fixed Rate Bond

Issue Number Date Launched Date Withdrawn Annual Interest Rate Gross AER Fixed
Issue 1 11/04/2013 28/05/2013 2.20%
Issue 2 08/11/2013 17/03/2014 1.90%
Issue 3 01/05/2014 19/05/2014 1.50%
Issue 5 07/11/2014 06/01/2015 1.90%
Issue 7 07/01/2015 03/02/2015 1.80%
Issue 8 04/02/2015 03/03/2015 1.50%
Issue 9 04/03/2015 25/03/2015 1.70%
Issue 10 25/03/2015 02/09/2015 1.80%
Issue 11 01/11/2015 24/10/2016 1.50%
Issue 12 14/11/2016 14/12/2016 1.40%

If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert into an Easy Access Account which pays currently 0.25% Gross AER Variable.

2 Year Business Fixed Rate Bond

Issue Number Date Launched Date Withdrawn Annual Interest Rate Gross AER Fixed
Issue 1 29/01/2016 17/08/2016 2.00%

If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert into an Easy Access Account which currently pays 0.25% Gross AER Variable.

3 Year Fixed Rate Bond

Issue Number Date Launched Date Withdrawn Annual Interest Rate Gross AER Fixed
Issue 1 01/09/2016 22/12/2016 1.90%
Issue 2 23/12/2016 26/01/2017 1.60%

If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert into an Easy Access Account which currently pays 0.25% Gross AER Variable.

5 Year Business Fixed Rate Bond

Issue Number Date Launched Date Withdrawn Annual Interest Rate Gross AER Fixed
Issue 1 25/08/2015 11/08/2016 2.75%

If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert into an Easy Access Account which currently pays 0.25% Gross AER Variable.

Previous issue products - Easy Access Accounts

Professional Practice Easy Access

Issue Number Rate From Annual Interest Rate Gross/AER Variable Monthly Interest Rate Gross Variable
Issue 1 04/03/2016 1.15% 1.14%
Issue 2 16/08/2016 0.90% 0.896%

This product is not available for new applications.