Interest rates

Available Variable Rate Saving Accounts

Easy Saver

Issue 9	Current AER	Current gross
Interest rate	0.01%	0.01%

Current rates effective 06/04/2020

Interest is variable, calculated daily and paid on the anniversary of account opening (or closest business day).

Instant Saver

Issue 13	Current AER	Current gross
Including 12 month bonus from account opening	0.35%	0.35%
After 12 months rate reverts to underlying rate	0.01%	0.01%

Current rates effective 22/05/2020

Interest is variable, calculated daily and paid annually in March.

Loyalty Bond Holding Account

	Current AER	Current gross
Interest rate	0.01%	0.01%

Current rates effective 06/04/2020

Interest is variable, calculated daily and paid when funds are transferred into the Loyalty Bond.

Online Easy Saver

Issue 9	Current AER	Current gross
Interest rate	0.01%	0.01%

Current rates effective 06/04/2020

Interest is variable, calculated daily and paid on the anniversary of account opening (or closest business day).

Online ISA Easy Access

Issue 24	Current AER	Current tax-free
Including 12 month bonus from account opening	0.25%	0.25%
After 12 months rate changes to underlying rate	0.01%	0.01%

Current rates effective 17/12/2020

Interest is variable, calculated daily and paid annually in March.

Online ISA Holding Account

	Current AER	Current tax-free
Interest rate	0.01%	0.01%

Current rates effective 07/05/2020

Interest is variable, calculated daily and paid annually in March.

Online Saver

Issue 51 Annual Interest	Current AER	Current gross
Including 12 month bonus from account opening	0.25%	0.25%
After 12 months rate reverts to underlying rate	0.01%	0.01%

Current rates effective 17/12/2020

Interest is variable, calculated daily and paid between 20 and 25 March each year.

Issue 51 Monthly Interest	Current AER	Current gross
Including 12 month bonus from account opening	0.25%	0.24%
After 12 months rate reverts to underlying rate	0.01%	0.01%

Current rates effective 17/12/2020

Interest is variable, calculated daily and paid on the first business day of each month.

Online Loyalty Saver

Issue 15 (Available for existing Savings customers only)	Current AER	Current gross
Annual Interest	0.35%	0.35%
Monthly Interest	0.35%	0.34%

Current rates effective 22/05/2020

Interest is variable, calculated daily and paid between 20 and 25 March each year for annual interest or on the first business day of each month for monthly interest.

Easy Access Cash ISA

Issue 18	Current AER	Current tax-free
Including 12 month bonus from account opening	0.35%	0.35%
After 12 months rate changes to underlying rate	0.01%	0.01%

Current rates effective 22/05/2020

Interest is variable, calculated daily and paid annually in March.

Standard Variable Rate Cash ISA

	Current AER	Current tax-free
Interest rate	0.01%	0.01%

Current rate effective for 2020/2021 tax year

Interest is variable, calculated daily and paid annually in March.

Available Fixed Rate Saving Accounts

Fixed Rate Cash ISA

Issue 27	Current AER	Current tax-free
1 year	0.40%	0.40%
2 year	0.45%	0.45%

Current rates effective 11/01/2021

Interest is fixed, calculated daily and paid on the anniversary of product opening.

Loyalty Issue 8 (available to maturing Fixed Rate Cash ISA customers only)	Current AER	Current tax-free
1 year	0.45%	0.45%
2 year	0.50%	0.50%
3 year	0.55%	0.55%

Current rates effective 11/01/2021

Interest is fixed, calculated daily and paid on the anniversary of product opening.

The loyalty rate received will be the rate offered in your maturity letter. This rate may differ from the rates above

Growth Bond

Issue 43	Current AER	Current gross
1 year	0.40%	0.40%
2 year	0.45%	0.45%
3 year	0.50%	0.50%

Current rates effective 11/01/2021

Interest is fixed, calculated daily and paid on the anniversary of product opening.

Loyalty Bond

Issue 55.0 (available to maturing Growth Bond & Loyalty Bond customers only)	Current AER	Current gross
1 year	0.45%	0.45%
2 year	0.50%	0.50%
3 year	0.55%	0.55%

Current rates effective 11/01/2021

Interest is fixed, calculated daily and paid when your bond matures.

Online Bond

Issue 71
	Current annual		Current monthly
	AER	Gross	AER	Gross
1 year	0.35%	0.35%	0.35%	0.34%
2 year	0.40%	0.40%	0.40%	0.39%
3 year	0.45%	0.45%	0.45%	0.44%

Current rates effective 17/12/2020

Interest is paid on either the monthly or annual anniversary of the account opening or the closest business day (depending on the interest payment option chosen).

Issue 72 Available to maturing Online Bond customers only
	Current annual		Current monthly
	AER	Gross	AER	Gross
1 year	0.36%	0.36%	0.36%	0.35%
2 year	0.41%	0.41%	0.41%	0.40%
3 year	0.46%	0.46%	0.46%	0.45%

Current rates effective 17/12/2020

Interest is paid on either the monthly or annual anniversary of the account opening or the closest business day (depending on the interest payment option chosen).

Online ISA Fixed Rate

Issue 25	Current AER	Current tax-free
1 year	0.35%	0.35%
2 years	0.40%	0.40%

Current rates effective 17/12/2020

Interest is fixed, calculated daily and paid on the anniversary of product opening.

Definitions

Fixed: A fixed rate of interest does not fluctuate and remains the same through out the lifetime of a savings account.

Variable: A variable rate of interest can go up or down throughout the lifetime of a savings account.

AER: AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Gross: Gross rates are paid without the deduction of income tax.

Tax-free: Tax-free means the interest paid will be free from UK Income Tax and Capital Gains Tax. The tax advantages depend on your individual circumstances and the tax treatment of your ISA may change in the future.