Below are the current interest rates we pay on our range of Current Accounts as at 26 September 2022
Current Accounts
Current Account (Personal)
Account Balance | Gross | AER |
---|---|---|
Any | 0.00% | 0.00% |
Current Account (Business) - Issue 3
Account Balance | Gross | AER |
---|---|---|
Any Amount | 0.00% | 0.00% |
Monthly Interest Payment. Variable rate.
Savings Account
Below are the current interest rates we pay on our range of variable and fixed deposit savings accounts as of Sept. 15, 2023.
Instant Access Savings Account - Issue 6
Balance Amount | Gross rate (monthly interest before the deduction of income tax) |
AER* |
---|---|---|
£0 - £499.99 | 0.00% | 0.00% |
£500 - £49,999.99 | 1.95% | 1.95% |
£50,000 - £5,000,000 | 2.25% | 2.25% |
Above £5,000,000 | 0% | 0% |
Monthly Interest Payment. Variable rate.
SBI Jumbo Junior Instant Access Savings Account - Issue 2
Balance Amount | Gross rate (monthly interest before the deduction of income tax) |
AER* |
---|---|---|
£0 - £99.99 | 0.00% | 0.00% |
£100 - £49,999.99 | 1.95% | 1.95% |
£50,000 - £100,000 | 2.25% | 2.25% |
Above £100,000 | 0% | 0% |
Monthly Interest Payment. Variable rate.
Minimum balance required to accrue interest reduced from £500 to £100 on 10 December 2013.
SBI Young Adult Instant Access Savings Account - Issue 2
Balance Amount | Gross rate (monthly interest before the deduction of income tax) |
AER* |
---|---|---|
£0 - £499 | 0.00% | 0.00% |
£500 - £49,999.99 | 1.95% | 1.95% |
£50,000 - £100,000 | 2.25% | 2.25% |
Above £100,000 | 0% | 0% |
Monthly Interest Payment. Variable rate.
Notice Savings Account
Interest rate effective from 15.09.2023
Amount | Gross rate | AER* |
---|---|---|
£1 - £5,000,000.00 | 2.25% | 2.25% |
Business Savings Account - Issue 1
Rates effective from 15.09.2023
Balance Amount | Gross rate (monthly interest before the deduction of income tax) |
AER* |
---|---|---|
£0 - £9,999.99 | 0.00% | 0.00% |
£10,000 - £49,999.99 | 1.95% | 1.95% |
£50,000.00 - £5,000,000 | 2.75% | 2.75% |
Above £5,000,000 | 0% | 0% |
Fixed Deposit
Below are the current interest rates we pay on our range of fixed deposit accounts as of 29.11.2023
Period | Gross rate maturity/annual interest |
AER |
---|---|---|
One Year | 5.00% | 5.00% |
Two Years | 5.00% | 5.00% |
Three Years | 4.15% | 4.15% |
Five Years | 4.25% | 4.25% |
Fixed deposit loyalty Rate: +0.25%*
*Only for renewal of fixed deposits.
Jumbo Junior Fixed Deposit
Below are the current interest rates we pay on our Jumbo Junior deposit accounts as of 29.11.2023
Period | Gross rate maturity/annual interest |
AER |
---|---|---|
One Year | 5.00% | 5.00% |
Two Years | 5.000% | 5.000% |
Three Years | 4.15% | 4.15% |
Five Years | 4.25% | 4.25% |
Junior jumbo fixed deposit loyalty rate +0.50%*
*Only for renewal of fixed deposits
*Only for fixed deposits in GBP
Cash ISA Fixed Deposit
Rate applicable from the date 08.02.2024.
Period | Gross rate maturity/annual interest |
AER |
---|---|---|
2 years | 4.65% | 4.65% |
3 years | 4.25% | 4.25% |
5 years | 4.15% | 4.15% |
*Only for renewal odf fixed deposits.
Fixed Deposit Rates for USD Deposits effective from 01.03.2024
Period | Gross rate maturity/annual interest |
AER |
---|---|---|
30 to 89 days | 0.10% | 0.10% |
90 to 179 days | 0.10% | 0.10% |
180 to 364 days | 3.10% | 3.10% |
One Year | 5.00% | 5.00% |
Two Years | 5.00 % | 5.00 % |
Three Years | 4.00 % | 4.00 % |
Five Years | 0.00 % | 0.00 % |
Flexi ISA from 15.09.2023
Amount | Gross rate maturity/annual interest |
AER |
---|---|---|
£1 - £20,000 | 2.40% | 2.40% |
Business Fixed Deposit Account
Rates applicable from Nov. 29, 2023.
Business Fixed Deposit Account (GBP) |
---|
For Balance (£10,000 - £250,000) |
Period | Gross rate maturity/annual interest |
AER |
---|---|---|
One Year | 5.00% | 5.00% |
Two Years | 5.00% | 5.00% |
Three Years | 4.15% | 4.15% |
Five Years | 4.25% | 4.25% |
Business fixed deposit loyalty rate: +0.50%*
*Only for renewal of fixed deposits
For further details on how the accounts work and where you can open them, ask a member of staff in the branch, by telephone or call our contact center on 0800 532 532.
If calling from outside the UK, please contact us on 0044 207 454 4338
Contact center is now open 24/7.