Find your interest rate

Accounts opened Prior to 14 March 2024

Your account uses a rate that tracks the Bank of England (BoE) base rate. We’ll change the rate by the end of the next working day after BoE base rate changes

Your account uses a rate that tracks the Bank of England (BoE) base rate. We’ll change the rate by the end of the next working day after BoE base rate changes

Your account uses a rate that tracks the Bank of England (BoE) base rate. We’ll change the rate by the end of the next working day after BoE base rate changes

Accounts opened prior to 14 March 2024

Your account uses a rate that tracks the Bank of England (BoE) base rate. We’ll change the rate by the end of the next working day after BoE base rate changes

Your account uses a rate that tracks the Bank of England (BoE) base rate. We’ll change the rate by the end of the next working day after BoE base rate changes

Interest is charged on cash from the date the transaction is debited to the account at a rate of 2.075% per month. No interest is charged on purchases on the statement following the purchase. However, if the balance is not repaid in full each month, interest charges will be backdated to the date the transaction is debited to the account.

The planned borrowing debit interest will be charged at a Central Bank reference rate for the currency of your account (which may change daily) plus any applicable margin (which is set out in your facility letter). Details of the Central Bank Reference rates can be found from the following web site addresses or by contacting your relationship manager or store.

Credit interest may be paid at a fixed rate for the currency of your account. Any applicable credit interest is calculated on a daily basis on the cleared credit balance and if applicable paid quarterly on the 30th of March, June, September and December.

No credit interest will be applied to cleared credit balances in any approved currency in your currency account(s).