Receive a competitive variable Regular Saver Interest rate of 2.75% Gross*/AER** for your savings within the maximum monthly threshold. Savings in excess of this threshold may attract a Standard Saver rate of 0.50% Gross*/AER** variable.
Interest is calculated daily and paid annually in April.
For more information about these thresholds, see the 'How does it work' section.
*Gross stands for contractual rate of interest payable before the deduction of income tax at the rate specified by law.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.