SAVINGS

Reward ISA

Interest rates for our Reward ISA account 

Current interest rates

The following higher interest rate is paid when no withdrawals have been made out of the Reward ISA since the account was opened, in the case of the first month, or since interest was last paid into the account.

Current Interest Rates

Rates effective from

Balance

Tax-free per year %

AER %

13th November 2024

£1+

2.72

2.75

The following lower interest rate is paid when withdrawals have been made out of the Reward ISA since the account was opened, in the case of the first month, or since interest was last paid into the account.

Previous Interest Rates

Balance

Tax-free per year %

AER%

£1+

0.85

0.85

Further information

Further information

Transfers-in

Yes, Transfers-In from other ISAs are permitted.

Top up

Yes. Funds withdrawn from your Reward Cash ISA can also be replaced in the same tax year without counting towards your annual ISA allowance. The tax year runs from 6 April to 5 April the following year.

Mortgage offset

Yes. Remember, if you offset your savings account against your mortgage, you won't earn any interest on your account.

Tax-free

Interest is exempt from Income Tax provided all ISA conditions are met. The level and basis of tax can change and the value of tax relief depends on your personal circumstances.

AER

Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded once each year.

Interest rate

Rates are variable. Interest is calculated daily using your statement balance and is paid on the first working day of each month.

Reward ISA

For additional information, download our Reward ISA terms and conditions [PDF, 108KB]. They are in addition to the general conditions of your Customer Agreement with us.

Read important information about our interest rates, the Financial Services Compensation Scheme, and your cancellation rights.