Why is my savings rate changing?
We regularly review our products, and the interest rates we offer on these.
There are a few reasons for this, such as a change in the Bank of England base rate or to ensure we’re offering fair value for customers. You can find a full list of reasons for an interest rate change in section 9.2 of the Savings Account Terms.
You don’t need to do anything, but it’s always worth checking your account(s) still meet your needs.
You can find out more about our savings and investment products here