Investments not on general sale
-
As well as those accounts and investments listed above, we also offer Guaranteed Growth Bonds, Guaranteed Income Bonds, Fixed Interest Savings Certificates and Index-linked Savings Certificates. No Issues for these are currently on general sale.
-
To hear about new Issues of our fixed rate Bonds and Savings Certificates or changes to our variable interest rates, register to receive our email updates.
-
To see how our interest rates have changed over at least the last 12 months, see historical interest rates
Products no longer on sale
| Amount | Interest rate | Tax information | |
| Cash ISA From 18 March 2009 |
£1+ | 0.50% AER | Tax-free |
| T Cash ISA From 18 March 2009 |
£1+ | 0.50% AER | Tax-free |
| Easy Access Savings Account | £100 - £9,999 | 0.30% gross/AER | Taxable, paid gross |
| From 19 February 2009 | £10,000 - £49,999 | 0.45% gross/AER | |
| £50,000 + | 0.70% gross/AER |
Residual Account
If we close one of our Bonds or Accounts and can't trace you to return your money, we will transfer your money to our Residual Account. There are two types of holdings within our Residual Account. Type A is interest bearing; Type B is non-interest bearing.
| Amount | Interest rate | Tax information | |
| Type A: (Ordinary Account, Deposit Bonds, Yearly Plan, SAYE and Treasurer's Account) |
£1+ | 0.10% gross/AER | Taxable, paid gross |
| Type B: (Gift Tokens, Savings Stamps and British Savings Bonds) |
0% |
Definitions
Tax-free means that interest or prizes are exempt from UK Income Tax and Capital Gains Tax.
AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
Gross is the taxable rate of interest without the deduction of UK Income Tax.
Net is the rate of interest payable after the deduction of UK Income Tax at the rate specified by law.
