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Interest Rates Changes


 
Payment Accounts
Name

Balance

Until 13th October 2024

AER / Gross p.a. (variable) 

From 14th October 2024

AER / Gross p.a. (variable)

Loyalty Saver

 

£1- £4,999

£5,000+

 

2.25%

5.20%

2.00%

4.75%

Private Reserve

 

£1 - £9,999

£10,000+

 

2.25%  /  2.23%

5.01%  /  4.90%

2.00% /   1.98%

4.75%  /  4.65%

urfirst £1+ 2.70% 2.50%
Easy Access Savings Account £1+ 2.25% 2.00%
Special Interest Deposit

£1 - £15,000

Over £15,000

2.70%

2.25%

2.50%

2.00%

Adapt Account £1+ 2.70% / 2.67% 2.50% / 2.47%

Definitions

Annual Equivalent Rate (AER). This is a notional rate used for interest bearing accounts which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.

Tax-free
 interest means interest payable is exempt from UK income tax.

Gross Rate
. This means the interest rate you are paid without the deduction of income tax.

p.a.
 Per annum (per year)

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