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Bonus 30 Account
Help your savings grow with a 1% annual bonus
If you don't need instant access to your cash, this account offers a bonus on top of the regular interest rate.
- 1% bonus - if you don’t make more than 4 withdrawals in the previous 12 months to the end of March, you will earn a bonus.
See the interest rates - Start with just £50 - or with a monthly standing order of just £20
- Free withdrawals - just give 30 days’ notice on the amount you wish to withdraw
- Flexible deposits - pay into your account with cash, cheque or Standing Order
- Interest is calculated daily and paid annually. Interest rates are variable
This page provides the current interest rates that apply to this account. We have a separate page for previous savings interest rates.
Full copies of the fees and rates, and terms and conditions that apply to our personal accounts can be downloaded for our terms and conditions page.
Current savings rates
Bonus 30 Account excluding bonus
| Amount | AER | Gross Rate % p.a. | Net Rate % p.a. |
|---|---|---|---|
| £100,000 + | 0.30% | 0.30% | 0.24% |
| £1 - £99,999 | 0.20% | 0.20% | 0.16% |
Interest paid annually.
Last updated on: 24 Jul 2009.
Bonus 30 Account including bonus *
| Amount | AER | Gross Rate % p.a. | Net Rate % p.a. |
|---|---|---|---|
| £100,000 + | 1.30% | 1.30% | 1.04% |
| £1 - £99,999 | 1.20% | 1.20% | 0.96% |
Interest paid annually.
Last updated on: 2 Feb 2009.
*A bonus of 1.00% gross per annum is paid annually on the last business day of March (where you have made no more than 4 withdrawals during the annual period) and is calculated on the daily cleared credit balance for that annual period (starting on the last business day of March).
Common definitions
Annual Equivalent Rate (AER). This is a notional rate used for interest bearing accounts which illustrates what the interest would be if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.
Gross Rate. This means the interest rate you are paid before the deduction of income tax.
Net Rate. This means the interest rate you are paid after the deduction of income tax.
The bonus is paid annually on the last business day of March (where you have made no more than 4 withdrawals during the annual period) and is calculated on the daily cleared credit balance for that annual period (starting on the last business day of March).
Gross - is the interest rate paid before the deduction of lower rate income tax.
Net - is the interest rate paid after the deduction of lower rate income tax.
Annual Equivalent Rate (AER) - illustrates what the interest rate would be if paid and compounded each year.
New customers will be asked to provide proof of identity including verification of address.
System updates will mean that our internet and telephone banking services are unavailable for short periods in the early hours of the morning.
- Apply online for this account
- Please also read our website terms and conditions which cover your use of this website