All Accounts Interest Rates
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Our Savings accounts range
MySave Online Plus
An easy access online account allowing you access to your money if you need it with one free withdrawal each year. Includes an introductory fixed bonus rate** which reverts to a lower rate once the bonus has expired. Open with £1,000+. Minimum age 16.
Rates effective from 06/09/2011
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus** | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £3,000,000 | 1* | N/A | 1.51 | 3.12 | 3.08 | 2.46 |
Notes
*
Further withdrawals, including closure are permitted, but will incur loss of bonus and a lower interest rate of 0.10% gross p.a./AER variable in the month the withdrawal or closure is made.
**
Rates include 1.58% gross p.a. bonus fixed for 12 months.
Rates are variable.
e-Savings Plus
An internet based savings account operated online that pays a higher rate for customers who don’t need regular access to their savings. Make transfers whenever you like, 24 hours a day, to and from Nationwide’s current account, our FlexAccount. Minimum age 16.
Rates effective from 01/04/2009
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £3,000,000 | 5 or less | N/A | 2.00 | n/a | 2.00 | 1.60 |
| £1 | £3,000,000 | 6 or more | N/A | 0.10 | n/a | 0.10 | 0.08 |
Notes
5 free withdrawals, including closure are permitted per year. Further withdrawals or subsequent closure are permitted subject to a lower interest rate of 0.10% p.a./AER variable applied for the full 12 months following opening or anniversary of opening.
Rates are variable. Only available if you have a Nationwide FlexAccount.
MySave Online
An easy access online account allowing you access to your money if you need it with one free withdrawal each month. Open with £1,000+. Minimum age 16.
Rates effective from 01/09/2011
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus** | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £3,000,000 | 12* | N/A | 1.51 | n/a | 1.50 | 1.20 |
Notes
*
1 free withdrawal (including closure) permitted a month. Unlimited further withdrawals or subsequent closure are permitted subject to a lower interest rate of 0.10% gross p.a./AER variable in the month the withdrawal is made.
Rates are variable.
75 Day Saver Issue 2
A branch based, 75 day notice account with a passbook, that pays an introductory fixed bonus*. The introductory fixed bonus rate reverts to a lower rate once the bonus has expired. Open with £1,000+. Minimum age 18.
Rates effective from 01/02/2012
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for withdrawals | AER% | AER% including bonus* | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £999 | Unlimited | 75 Days** | 0.10 | n/a | 0.10 | 0.08 |
| £1,000 | £5,000,000 | Unlimited | 75 Days** | 1.00 | 2.50 | 2.50 | 2.00 |
Notes
*
Balances of £1,000+ include a 1.50% gross p.a. introductory bonus fixed until 31 January 2013. For any day your balance goes below £1,000 you earn a fixed rate of 0.10% gross p.a./AER and no bonus.
**
Withdrawals without notice are permitted with 75 days loss of interest on the amount withdrawn.
Rates for balances between £1 - £999 are fixed and rates for balances over £1,000 are variable.
Save to Buy
A savings account to help First Time Buyers save for a mortgage deposit - giving not only a competitive rate of interest but also the opportunity to earn a lump sum cashback reward on completion of a Save to Buy mortgage. Minimum age 18.
Rates effective from 06/05/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £50 | £20,000 | None | n/a | 2.50 | n/a | 2.50 | 2.00 |
| £20,000 + | None | n/a | 0.10 | n/a | 0.10 | 0.08 | |
Notes
Rates are variable.
The annual interest rate (AER) pays 2.00% above the Bank of England Base Rate and is guaranteed to track changes in the Base Rate. Any changes will be made within one month of a Bank of England announcement.
Champion Saver
A branch based, 60 day notice passbook account which includes the reassurance of a Rate Promise. Open with £1,000+. Minimum age 18.
Rates effective from 01/02/2012
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £999 | Unlimited | 60 days* | 0.10 | n/a | 0.10 | 0.08 |
| £1,000 | £5,000,000 | Unlimited | 60 days* | 2.01 | n/a | 2.01 | 1.61 |
Notes
*
Withdrawals without notice are permitted with 60 days loss of interest on the amount withdrawn.
Rates for balances between £1-£999 are fixed and rates for balances of £1,000 or more are variable.
e-Savings
An internet based savings account. Make transfers whenever you like, 24 hours a day, to and from Nationwide’s current account, our FlexAccount. Minimum age 16.
Rates effective from 01/04/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £3,000,000 | Unlimited | N/A | 0.45 | n/a | 0.45 | 0.36 |
Notes
Rates are variable. Only available if you have a Nationwide FlexAccount.
Regular Savings
A flexible, instant access regular savings account, managed via LINK cash machines or online, that lets you save up to £1,000 a month. Minimum age 11.
Rates effective from 01/04/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £99** | Unlimited | N/A | 0.10 | n/a | 0.10 | 0.08 |
| £100 | £199** | Unlimited | N/A | 1.35 | n/a | 1.35 | 1.08 |
| £200 | £499** | Unlimited | N/A | 1.85 | n/a | 1.85 | 1.48 |
| £500 | £1,000** | Unlimited | N/A | 2.50 | n/a | 2.50 | 2.00 |
Notes
**
Monthly increase in balance
Rates are variable.
CashBuilder Card
An instant access account with cash card. The minimum opening balance is £100. Minimum age 11.
Rates effective from 01/01/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £2,000,000 | Unlimited | N/A | 0.10 | n/a | 0.10 | 0.08 |
Notes
Rates are variable.
CashBuilder Book
An instant access account with passbook. The minimum opening balance is £100. Minimum age 7.
Rates effective from 01/01/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £2,000,000 | Unlimited | N/A | 0.10 | n/a | 0.10 | 0.08 |
Notes
Rates are variable.
InvestDirect
The postal account you can run from home. The minimum opening balance is £100. Minimum age 18.
Rates effective from 01/03/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £2,000,000 | Unlimited | N/A | 0.20 | n/a | 0.20 | 0.16 |
Notes
Rates are variable.
Monthly Income 60+
An instant access passbook operated account for people aged 60 or over. The minimum opening balance is £100. Minimum age 60.
Rates effective from 01/04/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1+ | Unlimited | N/A | 0.55 | n/a | 0.55 | 0.44 | |
Notes
Rates are variable.
Flexclusive Saver Issue 2
A branch based, instant access passbook account exclusively available to main FlexAccount customers (eligibility criteria apply). Open with £1,000. Minimum age 18.
Rates effective from 01/02/2012
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £999 | Unlimited | n/a | 0.10 | n/a | 0.10 | 0.08 |
| £1,000 | £5,000,000 | Unlimited | n/a | 2.00 | n/a | 2.00 | 1.60 |
Notes
Rates for balances between £1 - £999 are fixed and rates for balances over £1,000 are variable.
For any day your balance goes below £1,000 you earn a fixed interest rate of 0.10% gross p.a./AER.
Online ISA Issue 2
An online account which provides unlimited instant access to your savings and a tax free rate of return. Includes a fixed introductory rate* which reverts to a lower variable rate once the fixed rate has expired. You will need to hold or open a Nationwide card account to apply (excludes Regular Savings). Open with £1,000+. Minimum age 16.
Rates effective from 11/11/2011
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER%* | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £999 | Unlimited | n/a | 0.25 | n/a | 0.25 | n/a |
| £1,000 | £24,999 | Unlimited | n/a | 1.00 | 2.75 | 2.75 | n/a |
| £25,000+ | Unlimited | n/a | 1.00 | 3.10 | 3.10 | n/a | |
Notes
*
Balances of £1,000+ earn an introductory fixed rate, based on account balance, until 31 January 2013. After this date the rate reverts to 1.00% AER tax-free variable. For any day your balance goes below £1,000 you earn a rate of 0.25% tax-free AER variable.
Rates are fixed. This is a cash ISA.
75 Day ISA Issue 1
A branch based, 75 day notice account that gives you tax-free returns. Includes a fixed introductory bonus rate* which reverts to a lower rate once the bonus has expired. Open with £1,000+. Minimum age 16.
Rates effective from 01/02/2012
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus* | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £999 | 1** | 75 Days | 0.25 | n/a | 0.25 | n/a |
| £1,000 | £24,999 | 1** | 75 Days | 1.00 | 2.26 | 2.50 | n/a |
| £25,000 | £49,999 | 1** | 75 Days | 1.00 | 2.34 | 2.60 | n/a |
| £50,000 | £5,000,000 | 1** | 75 Days | 1.00 | 2.43 | 2.70 | n/a |
Notes
*
Balances of £1,000+ include a tax-free introductory bonus, based on your account balance, fixed until 30 November 2012. For any day your balance goes below £1,000 you earn a rate of 0.25% AER tax-free variable and no bonus.
**
Free withdrawal does not require notice, further withdrawals in the same tax year are subject to 75 days notice or 75 days loss of interest on the amount withdrawn.
Rates for balances between £1 - £999 are variable and rates for balances over £1,000 are fixed. This is a cash ISA.
1 Year Fixed Rate ISA
A branch-based one-off lump sum investment that pays a tax-free fixed rate of interest over a fixed term. Minimum age 16.
Rates effective from 18/11/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| Annual interest | £1 | £9,999 | None | N/A | 2.85 | n/a | 2.85 | n/a |
| £10,000 | £24,999 | None | N/A | 2.90 | n/a | 2.90 | n/a |
| £25,000 | £49,999 | None | N/A | 3.00 | n/a | 3.00 | n/a |
| £50,000+ | None | N/A | 3.10 | n/a | 3.10 | n/a | |
| Monthly interest | £1 | £9,999 | None | N/A | 2.84 | n/a | 2.80 | n/a |
| £10,000 | £24,999 | None | N/A | 2.89 | n/a | 2.85 | n/a |
| £25,000 | £49,999 | None | N/A | 2.99 | n/a | 2.95 | n/a |
| £50,000+ | None | N/A | 3.09 | n/a | 3.05 | n/a | |
Notes
Rates are fixed. This is a cash ISA.
3 Year Fixed Rate ISA
A branch-based one-off lump sum investment that pays a tax-free fixed rate of interest over a fixed term. Minimum age 16.
Please note, this account is exclusively available for existing customers with a maturing Fixed Rate ISA.
Rates effective from 07/07/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| Annual interest | £1 | £9,999 | None | N/A | 3.25 | n/a | 3.25 | n/a |
| £10,000 | £24,999 | None | N/A | 3.30 | n/a | 3.30 | n/a |
| £25,000 | £49,999 | None | N/A | 3.40 | n/a | 3.40 | n/a |
| £50,000+ | None | N/A | 3.50 | n/a | 3.50 | n/a | |
| Monthly interest | £1 | £9,999 | None | N/A | 3.20 | n/a | 3.15 | n/a |
| £10,000 | £24,999 | None | N/A | 3.25 | n/a | 3.20 | n/a |
| £25,000 | £49,999 | None | N/A | 3.35 | n/a | 3.30 | n/a |
| £50,000+ | None | N/A | 3.45 | n/a | 3.40 | n/a | |
Notes
Rates are fixed. This is a cash ISA.
e-ISA
An online account which provides unlimited instant access to your savings and a tax free rate of return. You will need to hold or open a Nationwide card account to apply (excludes Regular Savings). Open with £1. Minimum age 16.
Rates effective from 01/02/2012
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1+ | Unlimited | N/A | 1.75 | n/a | 1.75 | n/a | |
Notes
Rates are variable. This is a cash ISA.
Instant Access ISA
A passbook account that gives you instant access to your funds and tax-free returns. The minimum opening balance is £100. Minimum age 16.
Rates effective from 01/04/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £9,999 | Unlimited | N/A | 0.25 | n/a | 0.25 | n/a |
| £10,000 | £24,999 | Unlimited | N/A | 0.35 | n/a | 0.35 | n/a |
| £25,000+ | Unlimited | N/A | 0.50 | n/a | 0.50 | n/a | |
Notes
Rates are variable. This is a cash ISA.
Champion ISA
A branch based 60 day notice passbook account that gives you tax-free returns and includes the reassurance of a Rate Promise. Open with £1,000+. Minimum age 16.
Rates effective from 01/02/2012
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £999 | 1* | 60 days | 0.25 | n/a | 0.25 | n/a |
| £1,000+ | 1* | 60 days | 2.01 | n/a | 2.01 | n/a | |
Notes
*
Free withdrawal does not require notice, further withdrawals in the same tax year are subject to 60 days notice or 60 days loss of interest on the amount withdrawn.
Rates are variable. This is a cash ISA.
6 Month e-Bond
An online account that allows you to save a lump sum and earn a fixed rate on your savings. You will need to hold a Nationwide FlexAccount to apply. Minimum age 16.
Rates effective from 18/11/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| Annual interest | £1 | £9,999 | None | N/A | 2.41 | n/a | 2.40 | 1.92 |
| £10,000 | £24,999 | None | N/A | 2.47 | n/a | 2.45 | 1.96 |
| £25,000 | £49,999 | None | N/A | 2.57 | n/a | 2.55 | 2.04 |
| £50,000 | £3,000,000 | None | N/A | 2.67 | n/a | 2.65 | 2.12 |
| Monthly interest | £1 | £9,999 | None | N/A | 2.38 | n/a | 2.35 | 1.88 |
| £10,000 | £24,999 | None | N/A | 2.43 | n/a | 2.40 | 1.92 |
| £25,000 | £49,999 | None | N/A | 2.53 | n/a | 2.50 | 2.00 |
| £50,000 | £3,000,000 | None | N/A | 2.63 | n/a | 2.60 | 2.08 |
Notes
Rates are fixed.
1 Year e-Bond
An online account that allows you to save a lump sum and earn a fixed rate on your savings. You will need to hold a Nationwide FlexAccount to apply. Minimum age 16.
Rates effective from 18/11/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| Annual interest | £1 | £9,999 | None | N/A | 2.85 | n/a | 2.85 | 2.28 |
| £10,000 | £24,999 | None | N/A | 2.90 | n/a | 2.90 | 2.32 |
| £25,000 | £49,999 | None | N/A | 3.00 | n/a | 3.00 | 2.40 |
| £50,000 | £3,000,000 | None | N/A | 3.10 | n/a | 3.10 | 2.48 |
| Monthly interest | £1 | £9,999 | None | N/A | 2.84 | n/a | 2.80 | 2.24 |
| £10,000 | £24,999 | None | N/A | 2.89 | n/a | 2.85 | 2.28 |
| £25,000 | £49,999 | None | N/A | 2.99 | n/a | 2.95 | 2.36 |
| £50,000 | £3,000,000 | None | N/A | 3.09 | n/a | 3.05 | 2.44 |
Notes
Rates are fixed.
6 Month Fixed Rate Bond
A branch based account that allows you to save a lump sum and earn a fixed rate on your savings. Minimum age 7.
Rates effective from 18/11/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| Annual interest | £1 | £9,999 | None | N/A | 2.41 | n/a | 2.40 | 1.92 |
| £10,000 | £24,999 | None | N/A | 2.47 | n/a | 2.45 | 1.96 |
| £25,000 | £49,999 | None | N/A | 2.57 | n/a | 2.55 | 2.04 |
| £50,000 | £2,000,000 | None | N/A | 2.67 | n/a | 2.65 | 2.12 |
| Monthly interest | £1 | £9,999 | None | N/A | 2.38 | n/a | 2.35 | 1.88 |
| £10,000 | £24,999 | None | N/A | 2.43 | n/a | 2.40 | 1.92 |
| £25,000 | £49,999 | None | N/A | 2.53 | n/a | 2.50 | 2.00 |
| £50,000 | £2,000,000 | None | N/A | 2.63 | n/a | 2.60 | 2.08 |
0800 111 44 30
Notes
Rates are fixed.
1 Year Fixed Rate Bond
A branch based account that allows you to save a lump sum and earn a fixed rate on your savings. Minimum age 7.
Rates effective from 18/11/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| Annual interest | £1 | £9,999 | None | N/A | 2.85 | n/a | 2.85 | 2.28 |
| £10,000 | £24,999 | None | N/A | 2.90 | n/a | 2.90 | 2.32 |
| £25,000 | £49,999 | None | N/A | 3.00 | n/a | 3.00 | 2.40 |
| £50,000 | £2,000,000 | None | N/A | 3.10 | n/a | 3.10 | 2.48 |
| Monthly interest | £1 | £9,999 | None | N/A | 2.84 | n/a | 2.80 | 2.24 |
| £10,000 | £24,999 | None | N/A | 2.89 | n/a | 2.85 | 2.28 |
| £25,000 | £49,999 | None | N/A | 2.99 | n/a | 2.95 | 2.36 |
| £50,000 | £2,000,000 | None | N/A | 3.09 | n/a | 3.05 | 2.44 |
0800 111 44 30
Notes
Rates are fixed.
3 Year Fixed Rate Bond
A branch based account that allows you to save a lump sum and earn a fixed rate on your savings. Minimum age 7.
Please note, this account is exclusively available for existing customers with a maturing Fixed Rate Bond.
Rates effective from 07/07/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| Annual interest | £1 | £9,999 | None | N/A | 3.25 | n/a | 3.25 | 2.60 |
| £10,000 | £24,999 | None | N/A | 3.30 | n/a | 3.30 | 2.64 |
| £25,000 | £49,999 | None | N/A | 3.40 | n/a | 3.40 | 2.72 |
| £50,000 | £2,000,000 | None | N/A | 3.50 | n/a | 3.50 | 2.80 |
| Monthly interest | £1 | £9,999 | None | N/A | 3.20 | n/a | 3.15 | 2.52 |
| £10,000 | £24,999 | None | N/A | 3.25 | n/a | 3.20 | 2.56 |
| £25,000 | £49,999 | None | N/A | 3.35 | n/a | 3.30 | 2.64 |
| £50,000 | £2,000,000 | None | N/A | 3.45 | n/a | 3.40 | 2.72 |
0800 111 44 30
Notes
Rates are fixed.
Smart Junior ISA
Our Smart Junior ISA is a tax-efficient way for an adult to save and invest on behalf of a child and is available to UK resident children under 16 who have never been issued with a Child Trust Fund voucher. Includes a fixed introductory bonus rate until 31 October 2013 which reverts to a lower rate once the bonus has expired. Open with £1+. Minimum age 0.
Rates effective from 01/11/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1+ | None* | N/A | 2.10 | 3.00 | 3.00 | n/a | |
Notes
*
No withdrawals are permitted until the child is 18. Only the child can access the money at 18.
Rates are variable. This is a cash Junior ISA.
90 Day Smart Saver
A branch based, 90 day notice account that may be opened by an adult on behalf of a child under the age of 18 years, includes the reassurance of a Rate Promise. Open with £100+.
Rates effective from 24/10/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1+ | Unlimited | 90 days* | 2.10 | n/a | 2.10 | 1.68 | |
Notes
*
Withdrawals without notice are permitted with 90 days loss of interest on the amount withdrawn.
Rates are variable. Annual interest rate (AER) is guaranteed to track changes in the Bank of England Base Rate until 1 January 2015. Any rate changes will take place within a month of any Bank of England announcement.
1 year Smart Fixed Rate Bond
A branch based account that allows you to save a lump sum and earn a fixed rate of interest on your savings. May be opened by an adult on behalf of a child under the age of 18 or by anyone aged 7 years or over.
Rates effective from 18/11/2011
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| Annual interest | £1 | £9,999 | None | N/A | 2.85 | n/a | 2.85 | 2.28 |
| £10,000 | £24,999 | None | N/A | 2.90 | n/a | 2.90 | 2.32 |
| £25,000 | £49,999 | None | N/A | 3.00 | n/a | 3.00 | 2.40 |
| £50,000 | £2,000,000 | None | N/A | 3.10 | n/a | 3.10 | 2.48 |
| Monthly interest | £1 | £9,999 | None | N/A | 2.84 | n/a | 2.80 | 2.24 |
| £10,000 | £24,999 | None | N/A | 2.89 | n/a | 2.85 | 2.28 |
| £25,000 | £49,999 | None | N/A | 2.99 | n/a | 2.95 | 2.36 |
| £50,000 | £2,000,000 | None | N/A | 3.09 | n/a | 3.05 | 2.44 |
0800 111 44 30
Notes
Rates are fixed.
Smart
Instant access savings account for 0-17 year olds. If you are 11 or over you can choose to have a cash card and manage your savings online. Minimum age 0.
Rates effective from 01/04/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1+ | Unlimited | N/A | 0.75 | n/a | 0.75 | 0.60 | |
Notes
Rates are variable.
Cash Child Trust Fund
Cash savings fund open to children born between 1 September 2002 and 31 December 2010, to help you save for your child’s future. No minimum age.
Rates effective from 01/04/2009
| Balance Min | Max | Withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1+ | None | N/A | 1.10 | 2.10 | 2.10 | n/a | |
Notes
Rates are variable. Cash Child Trust Fund pays a conditional bonus of 1.00% gross p.a. which will only be paid if £240 or more is paid into the account each year. This does not include Government contributions. The bonus is variable. Funds can only be accessed on your child’s 18th birthday.
Treasurers’ Trust
Instant access savings account for clubs, societies and charities. The minimum opening balance is £50. Minimum age 18.
Rates effective from 01/03/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £2,000,000 | Unlimited | N/A | 0.01 | n/a | 0.01 | 0.01 |
Notes
Rates are variable.
PortfolioInvestor
Savings account for pension fund managers. Minimum age 18.
Rates effective from 01/03/2009
| Balance Min | Max | Free withdrawals per year | Notice period/loss of interest for additional withdrawals | AER% | AER% including bonus | Gross p.a.% | Net p.a.% |
|---|---|---|---|---|---|---|---|
| £1 | £5,000,000 | Unlimited | N/A | 0.01 | n/a | 0.01 | 0.01 |
Notes
Rates are variable.
Interest rate definitions:
| 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 | The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax). |
| Net | The net rate of interest is the interest payable after any income tax is deducted (if you do pay tax). |
The tax information provided is based on our current understanding of current law and HM Revenue & Customs practice which can change.