Historical interest rates


Useful information

Amount Previous Gross Rate % p.a. Previous AER % (Variable) Previous Net % p.a. Previous
Rates
Effective From
Business Instant Access Reserve
£250,000 - £2,000,000 0.15 0.15 0.12 19/02/2009
£100,000 - £249,999 0.10 0.10 0.08 19/02/2009
£25,000 - £99,999 0.10 0.10 0.08 19/02/2009
£10,000 - £24,999 0.10 0.10 0.08 19/02/2009
£2,000 - £9,999 0.10 0.10 0.08 19/02/2009
£0 - £1,999 0.10 0.10 0.08 19/02/2009
Treasurer's Account
£25,000 - £500,000 0.10 0.10 0.08 19/02/2009
£10,000 - £24,999 0.10 0.10 0.08 19/02/2009
£2,000 - £9,999 0.10 0.10 0.08 19/02/2009
£0 - £1,999 0.10 0.10 0.08 19/02/2009
Bonus Reserve: Including all standard quarterly interest bonuses
£250,000 - £2,000,000 1.15 1.15 0.92 19/02/2009
£100,000 - £249,999 1.10 1.10 0.88 19/02/2009
£25,000 - £99,999 1.10 1.10 0.88 19/02/2009
£10,000 - £24,999 1.10 1.10 0.88 19/02/2009
£2,000 - £9,999 1.10 1.10 0.88 19/02/2009
£0 - £1,999 1.10 1.10 0.88 19/02/2009
Bonus Reserve: Excluding all standard quarterly interest bonuses
£250,000 - £2,000,000 0.15 0.15 0.12 19/02/2009
£100,000 - £249,999 0.10 0.10 0.08 19/02/2009
£25,000 - £99,999 0.10 0.10 0.08 19/02/2009
£10,000 - £24,999 0.10 0.10 0.08 19/02/2009
£2,000 - £9,999 0.10 0.10 0.08 19/02/2009
£0 - £1,999 0.10 0.10 0.08 19/02/2009

A conditional bonus interest of 1% (Gross pa) paid quarterly as standard, if you make no more than one withdrawal per quarter.
Direct Reserve
£250,000 + 0.75 0.75 0.60 19/02/2009
£100,000 - £249,999 0.50 0.50 0.40 19/02/2009
£25,000 - £99,999 0.50 0.50 0.40 19/02/2009
£10,000 - £24,999 0.25 0.25 0.20 19/02/2009
£2,000 - £9,999 0.10 0.10 0.08 19/02/2009
£0 - £1,999 0.10 0.10 0.08 19/02/2009
Direct Reserve Including Bonus
£250,000 - £1 million 1.40 1.41 1.12 19/03/2009
£100,000 - £249,999 1.30 1.31 1.04 19/03/2009
£25,000 - £99,999 1.30 1.31 1.04 19/03/2009
£10,000 - £24,999 1.25 1.26 1.00 19/03/2009
£2,000 - £9,999 1.25 1.26 1.00 19/03/2009
£0 - £1,999 1.25 1.26 1.00 19/03/2009
7 Day Notice Account
£0 - £24,999 + 0.30 0.30 0.24 17/11/2009
£25,000 - £99,999 0.35 0.35 0.28 17/11/2009
£100,000 - £249,999 0.40 0.40 0.32 17/11/2009
£250,000 - £999,999 0.45 0.45 0.36 17/11/2009
£1,000,000 - £1,999,999 0.50 0.50 0.40 17/11/2009
£2,000,000 - £4,999,999 0.50 0.50 0.40 17/11/2009
£5,000,000 + 0.55 0.55 0.44 17/11/2009
14 Day Notice Account
£0 - £24,999 + 0.40 0.40 0.32 17/11/2009
£25,000 - £99,999 0.45 0.45 0.36 17/11/2009
£100,000 - £249,999 0.50 0.50 0.40 17/11/2009
£250,000 - £999,999 0.55 0.55 0.44 17/11/2009
£1,000,000 - £1,999,999 0.60 0.60 0.48 17/11/2009
£2,000,000 - £4,999,999 0.60 0.60 0.48 17/11/2009
£5,000,000 + 0.65 0.65 0.52 17/11/2009
30 Day Notice Account
£0 - £24,999 + 0.55 0.55 0.44 17/11/2009
£25,000 - £99,999 0.60 0.60 0.48 17/11/2009
£100,000 - £249,999 0.65 0.65 0.52 17/11/2009
£250,000 - £999,999 0.70 0.70 0.56 17/11/2009
£1,000,000 - £1,999,999 0.75 0.75 0.60 17/11/2009
£2,000,000 - £4,999,999 0.75 0.75 0.64 17/11/2009
£5,000,000 + 0.80 0.80 0.64 17/11/2009
Direct Deposit Account - this account is not available to new depositors
£250,000 + 0.39 0.39 0.31 19/02/2009
£100,000 - £249,999 0.10 0.10 0.08 19/02/2009
£25,000 - £99,999 0.10 0.10 0.08 19/02/2009
£500 - £24,999 0.10 0.10 0.08 19/02/2009
£0 - £499 0.00 0.00 0.00 19/02/2009

Please speak to your Business Manager for the latest Treasury Reserve, Clients' Monies Service and Clients' Deposit Service interest rates.

Gross rate

'Gross rate' refers to the interest rate paid before the deduction of income tax.

Annual Equivalent Rate (AER)

This shows you what the gross interest rate would be if interest was paid and compounded on an annual basis.

Net Rate

This is the interest rate you are paid after the deduction of income tax.

Introductory bonus is not available to existing Bonus Reserve account holders.