Interest rate history

The interest rate is the average of the five highest Competitor Rates, as taken and verified by Defaqto on the second Monday of each month. This interest rate will be effective from the first day of the month following its calculation.

The providers of the Competitor Rates are: Santander, Royal Bank of Scotland, Lloyds Bank, The Co-operative Bank including Britannia, NatWest, Halifax, HSBC and Barclays. The search includes branch based instant access, limited access and notice accounts from the eight competitors on the AER* of a £10,000 balance. To ensure a like for like comparison, certain accounts are excluded, such as fixed rates, ISAs, regular savings and age-specific accounts.

For full details please see the Champion Saver terms and conditions.

*AER stands for Annual Equivalent Rate which illustrates what the interest rate would be if interest was paid and compounded once each year. The gross rate of interest is the interest rate payable before any income tax is deducted (if you pay tax).

September 2016 Rate

Rates calculation September 2016 - interest rates sourced and verified by Defaqto.com on 8 August 2016
Interest rates sourced and verified by Defaqto.com on Monday 8 August 2016
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Royal Bank of Scotland
Instant Saver 0.25%
Barclays Everyday Saver 0.25%
Natwest Instant Saver
0.25%
Santander Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 September 2016: 0.30% gross p.a./AER variable
The rate for Champion Saver effective from 1 September 2016 should have been the average of the five rates listed above (0.25% gross p.a. /AER)**, however until 30 September 2016 we have chosen to pay a rate of 0.30% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999.99 will be at least 0.10% gross p.a./AER.

**Both Lloyds Bank and Halifax have withdrawn all products that were available for comparison under Champion Saver terms and conditions.

August 2016 Rate

Rates calculation August 2016 - interest rates sourced and verified by Defaqto.com on 11 July 2016
The top five competitor rates for Champion Saver shown on Defaqto.com on 11 July 2016 are reported below.
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Royal Bank of Scotland
Instant Saver 0.50%
Barclays Everyday Saver 0.25%
Natwest Instant Saver
0.25%
Santander Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 August 2016: 0.40% gross p.a./AER variable
The rate for Champion Saver effective from 1 August 2016 should have been the average of the five rates listed above (0.30% gross p.a. /AER)**, however until 31 August 2016 we have chosen to pay a rate of 0.40% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999.99 will be at least 0.10% gross p.a./AER.

**Both Lloyds Bank and Halifax have withdrawn all products that were available for comparison under Champion Saver terms and conditions.

July 2016 Rate

Rates calculation July 2016 - interest rates sourced and verified by Defaqto.com on 13 June 2016
The top five competitor rates for Champion Saver shown on Defaqto.com on 13 June 2016 are reported below.
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Royal Bank of Scotland
Instant Saver 0.50%
Natwest Instant Saver 0.25%
Barclays Everyday Saver
0.25%
Santander Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 July 2016: 0.40% gross p.a./AER variable
The rate for Champion Saver effective from 1 July 2016 should have been the average of the five rates listed above (0.30% gross p.a. /AER)**, however until 31 July 2016 we have chosen to pay a rate of 0.40% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999.99 will be at least 0.10% gross p.a./AER.

**Both Lloyds Bank and Halifax have withdrawn all products that were available for comparison under Champion Saver terms and conditions.

June 2016 Rate

Rates calculation June 2016 - interest rates sourced and verified by Defaqto.com on 9 May 2016
The top five competitor rates for Champion Saver shown on Defaqto.com on 9 May 2016 are reported below.
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Royal Bank of Scotland
Instant Saver 0.50%
Natwest Instant Saver 0.25%
Barclays Everyday Saver
0.25%
Santander Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 June 2016: 0.40% gross p.a./AER variable
The rate for Champion Saver effective from 1 June 2016 should have been the average of the five rates listed above (0.30% gross p.a. /AER)**, however until 30 June 2016 we have chosen to pay a rate of 0.40% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999.99 will be at least 0.10% gross p.a./AER.

**Both Lloyds Bank and Halifax have withdrawn all products that were available for comparison under Champion Saver terms and conditions.

May 2016 Rate

Rates calculation May 2016 - interest rates sourced and verified by Defaqto.com on 11 April 2016
The top five competitor rates for Champion Saver shown on Defaqto.com on 11 April 2016 are reported below.
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Royal Bank of Scotland
Instant Saver 0.50%
Natwest Instant Saver 0.25%
Barclays Everyday Saver
0.25%
Santander Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 May 2016: 0.40% gross p.a./AER variable
The rate for Champion Saver effective from 1 May 2016 should have been the average of the five rates listed above (0.30% gross p.a. /AER)**, however until 31 May 2016 we have chosen to pay a rate of 0.40% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999.99 will be at least 0.10% gross p.a./AER.

**Both Lloyds Bank and Halifax have withdrawn all products that were available for comparison under Champion Saver terms and conditions.

April 2016 Rate

Rates calculation April 2016 - interest rates sourced and verified by Defaqto.com on Monday 14 March 2016
Interest rates sourced and verified by Defaqto.com on Monday 14 March 2016
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Natwest Instant Saver 0.50%
Royal Bank of Scotland Instant Saver 0.50%
Barclays Everyday Saver
0.25%
Santander Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 April 2016: 0.45% gross p.a./AER variable
The interest rate for Champion Saver effective from 1 April 2016 should have been the average of the five rates listed above (0.35% gross p.a. /AER)**, however until 30 April 2016 we have chosen to pay an interest rate of 0.45% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999.99 will be at least 0.10% gross p.a./AER.

**Both Lloyds Bank and Halifax have withdrawn all products that were available for comparison under Champion Saver terms and conditions.

March 2016 Rate

Rates calculation March 2016 - interest rates sourced and verified by Defaqto.com on Monday 8 February 2016
Interest rates sourced and verified by Defaqto.com on Monday 8 February 2016
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Natwest Instant Saver 0.50%
Royal Bank of Scotland Instant Saver 0.50%
Santander Everyday Saver 0.50%
Barclays Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 March 2016: 0.50% gross p.a./AER variable
The interest rate for Champion Saver effective from 1 March 2016 should have been the average of the five rates listed above (0.40% gross p.a. /AER)**, however until 31 March 2016 we have chosen to pay an interest rate of 0.50% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999 will be at least 0.10% gross p.a./AER.

**Both Lloyds Bank and Halifax have withdrawn all products that were available for comparison under Champion Saver terms and conditions.

February 2016 Rate

Rates calculation February 2016 - interest rates sourced and verified by Defaqto.com on Monday 11 January 2016
Interest rates sourced and verified by Defaqto.com on Monday 11 January 2016
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Natwest Instant Saver 0.50%
Royal Bank of Scotland Instant Saver 0.50%
Santander Everyday Saver 0.50%
Barclays Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 February 2016: 0.50% gross p.a./AER variable
The interest rate for Champion Saver effective from 1 February 2016 should have been the average of the five rates listed above (0.40% gross p.a. /AER)**, however until 29 February 2016 we have chosen to pay an interest rate of 0.50% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999 will be at least 0.10% gross p.a./AER.

**Both Lloyds Bank and Halifax have withdrawn all products that were available for comparison under Champion Saver terms and conditions.

January 2016 Rate

Rates calculation December 2015 - interest rates sourced and verified by Defaqto.com on Monday 9 November 2015
Interest rates sourced and verified by Defaqto.com on Monday 14 December 2015
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Natwest Instant Saver 0.50%
Royal Bank of Scotland Instant Saver 0.50%
Santander Everyday Saver 0.50%
Barclays Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 January 2016: 0.50% gross p.a./AER variable
The interest rate for Champion Saver effective from 1 January 2016 should have been the average of the five rates listed above (0.40% gross p.a. /AER)**, however until 31 January 2016 we have chosen to pay an interest rate of 0.50% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999 will be at least 0.10% gross p.a./AER.

**Both Lloyds Bank and Halifax have withdrawn all products that were available for comparison under Champion Saver terms and conditions.

December 2015 Rate

Rates calculation December 2015 - interest rates sourced and verified by Defaqto.com on Monday 9 November 2015
Interest rates sourced and verified by Defaqto.com on Monday 9 November 2015
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Natwest Instant Saver 0.50%
Royal Bank of Scotland Instant Saver 0.50%
Santander Everyday Saver 0.50%
Barclays Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 December 2015: 0.60% gross p.a./AER variable
The interest rate for Champion Saver effective from 1 December 2015 should have been the average of the five rates listed above (0.40% gross p.a. /AER)**, however until 31 December 2015 we have chosen to pay an interest rate of 0.60% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999 will be at least 0.10% gross p.a./AER.

**From 12 September both Lloyds Bank and Halifax withdrew all products that were available for comparison under Champion Saver terms and conditions.

November 2015 Rate

Rates calculation November 2015 - interest rates sourced and verified by Defaqto.com on Monday 12 October 2015
Interest rates sourced and verified by Defaqto.com on Monday 12 October 2015
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Natwest Instant Saver 0.50%
Royal Bank of Scotland Instant Saver 0.50%
Santander Everyday Saver 0.50%
Barclays Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 November 2015: 0.60% gross p.a./AER variable
The interest rate for Champion Saver effective from 1 November 2015 should have been the average of the five rates listed above (0.40% gross p.a. /AER)**, however until 30 November 2015 we have chosen to pay an interest rate of 0.60% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999 will be at least 0.10% gross p.a./AER.

**From 12 September both Lloyds Bank and Halifax withdrew all products that were available for comparison under Champion Saver terms and conditions.

October 2015 Rate

Rates calculation October 2015 - interest rates sourced and verified by Defaqto.com on Monday 14th September
Interest rates sourced and verified by Defaqto.com on Monday 14 September 2015
Provider Account name Interest rate including bonus (AER)
Interest
rate
calculation
Natwest Instant Saver 0.50%
Royal Bank of Scotland Instant Saver 0.50%
Santander Everyday Saver 0.50%
Barclays Everyday Saver 0.25%
The Co-operative Bank Smart Saver 0.25%
Champion Saver interest rate effective from 1 October 2015: 0.60% gross p.a./AER variable
The interest rate for Champion Saver effective from 1 October 2015 should have been the average of the five rates listed above (0.40% gross p.a. /AER)**, however until 31 October 2015 we have chosen to pay an interest rate of 0.60% gross p.a. /AER variable for Champion Saver on balances of £1+.

We guarantee that the rate on balances of £1-£999 will be at least 0.10% gross p.a./AER.

**From 12 September both Lloyds Bank and Halifax withdrew all products that were available for comparison under Champion Saver terms and conditions.

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