Historical interest rates
Interest rate changes
We are committed to keeping you informed about changes in the interest rates for our fixed and variable rate accounts and investments. Below are details of our previous interest rates together with the current rates.
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| Tax-free | means that interest or prizes are exempt from UK Income Tax and Capital Gains Tax. |
| AER | (Annual Equivalent Rate) illustrates what the annual rate of interest would be if the interest was compounded each time it was paid. Where interest is paid annually, the quoted rate and the AER are the same. |
| Gross | is the taxable rate of interest without the deduction of UK Income Tax. |
| Index-linking | means the value of your investment moves in line with inflation as measured by the Retail Prices Index (RPI). To check the RPI, visit the Office for National Statistics website at ons.gov.uk and search for RPI All Items Index. From 1 May 2019, if you renew your Index-linked Savings Certificate, we will calculate the index-linking using the Consumer Prices Index (CPI). |
Our products
Here are a list of our products and their interest rates:
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Annual rate used to calculate prize fund for monthly draws
Prize draw effective from Prize fund rate (tax-free) Odds per £1 Bond unit December 2024 4.15% 22,000 to 1 March 2024 4.40% 21,000 to 1 September 2023 4.65% 21,000 to 1 August 2023 4.00% 22,000 to 1 July 2023 3.70% 24,000 to 1 March 2023 3.30% 24,000 to 1 February 2023 3.15% 24,000 to 1 January 2023 3.00% 24,000 to 1 October 2022 2.20% 24,000 to 1 June 2022 1.40% 24,500 to 1 December 2020 1.00% 34,500 to 1 December 2017 1.40% 24,500 to 1 May 2017 1.15% 30,000 to 1 June 2016 1.25% 30,000 to 1 August 2014 1.35% 26,000 to 1 August 2013 1.30% 26,000 to 1 October 2009 1.50% 24,000 to 1 April 2009 1.00% 36,000 to 1 December 2008 1.80% 36,000 to 1 November 2008 2.85% 24,000 to 1 May 2008 3.40% 24,000 to 1 -
Effective from AER (tax-free) 18 August 2023 3.00% 16 May 2023 2.40% 24 January 2023 2.15% 25 October 2022 1.75% 21 July 2022 0.90% 29 December 2021 0.35% 24 November 2020 0.10% 1 March 2019 0.90% 24 September 2018 0.75% 1 December 2017 1.00% 1 May 2017 0.75% 6 June 2016 1.00% 16 November 2015 1.25% 27 February 2014 1.50% 12 September 2013 1.75% 5 November 2012 2.25% 19 August 2009 2.50% 18 March 2009 1.30% 19 February 2009 1.80% 21 January 2009 2.30% 7 November 2008 3.30% 8 October 2008 4.80% 10 April 2008 5.30% -
Effective from Gross/AER (taxable) 20 November 2024 3.75% 23 May 2024 4.00% 18 August 2023 3.65% 13 July 2023 3.40% 14 February 2023 2.85% 24 January 2023 2.60% 13 December 2022 2.30% 25 October 2022 1.80% 21 July 2022 1.20% 10 February 2022 0.50% 29 December 2021 0.35% 24 November 2020 0.15% 1 October 2018 1.00% 1 December 2017 0.95% 1 May 2017 0.70% 6 June 2016 0.80% 12 September 2013 1.10% 25 January 2012 1.50% 19 July 2010 1.75% 8 March 2010 2.00% -
*From 6 April 2013 Income Bonds moved to a single rate of interest for all investors.
We round each month’s interest up or down to the nearest penny.
Effective from Gross (taxable) AER (taxable) 20 November 2024 £500+ 3.69% 3.75% 23 May 2024 £500+ 3.93% 4.00% 18 August 2023 £500+ 3.59% 3.65% 13 July 2023 £500+ 3.40% 3.45% 14 February 2023 £500+ 2.85% 2.89% 24 January 2023 £500+ 2.60% 2.63% 13 December 2022 £500+ 2.30% 2.32% 25 October 2022 £500+ 1.80% 1.81% 21 July 2022 £500+ 1.20% 1.21% 10 February 2022 £500+ 0.50% 0.50% 29 December 2021 £500+ 0.35% 0.35% 18 November 2021 £500+ 0.15% 0.15% 24 November 2020 £500+ 0.01% 0.01% 1 October 2018 £500+ 1.15% 1.16% 1 December 2017 £500+ 1.00% 1.00% 1 May 2017 £500+ 0.75% 0.75% 6 June 2016 £500+ 1.00% 1.00% 12 September 2013 £500+ 1.25% 1.26% 6 April 2013* £500+ 1.75% 1.76% 19 July 2010 £500-£24,999 1.45% 1.46% £25,000+ 1.75% 1.76% 20 May 2009 £500-£24,999 1.70% 1.71% £25,000+ 2.00% 2.02% 18 March 2009 £500-£24,999 0.70% 0.70% £25,000+ 1.00% 1.00% 19 February 2009 £500-£24,999 1.20% 1.21% £25,000+ 1.45% 1.46% 21 January 2009 £500-£24,999 1.95% 1.97% £25,000+ 2.20% 2.22% 19 November 2008 £500-£24,999 2.45% 2.48% £25,000+ 2.70% 2.73% 6 November 2008 £500-£24,999 3.75% 3.82% £25,000+ 4.00% 4.07% 7 October 2008 £500-£24,999 4.25% 4.33% £25,000+ 4.50% 4.59% 6 May 2008 £500-£24,999 4.45% 4.54% £25,000+ 4.70% 4.80% -
Effective from Gross/AER (taxable) 18 August 2023 £1+ 1.00% 13 July 2023 £1+ 0.85% 13 December 2022 £1+ 0.60% 25 October 2022 £1+ 0.40% 24 November 2020 £1+ 0.01% 1 October 2018 £1+ 0.80% 1 December 2017 £1+ 0.70% 1 July 2016 £1+ 0.45% 21 May 2012 £1+ 0.75% 18 March 2009 £1-£24,999 0.20% £25,000+ 0.30% 19 February 2009 £1-£9,999 0.30% £10,000-£49,999 0.40% £50,000+ 0.50% 21 January 2009 £1-£24,999 0.35% £25,000-£49,999 0.55% £25,000-£49,999 0.55% £50,000+ 1.90% 19 November 2008 £1-£499 1.00% £500-£4,999 1.05% £5,000-£9,999 1.15% £10,000-£24,999 1.35% £25,000-£49,999 1.55% £50,000+ 1.90% 22 October 2008 £1-£499 2.50% £500-£4,999 2.55% £5,000-£9,999 2.65% £10,000-£24,999 2.85% £25,000-£49,999 3.05% £50,000+ 3.40% 7 October 2008 £1-£499 3.00% £500-£4,999 3.05% £5,000-£9,999 3.15% £10,000-£24,999 3.35% £25,000-£49,999 3.55% £50,000+ 3.90% 23 April 2008 £1-£499 3.20% £500-£4,999 3.25% £5,000-£9,999 3.35% £10,000-£24,999 3.55% £25,000-£49,999 3.75% £50,000+ 4.10% -
Effective from AER (tax-free) 18 August 2023 4.00% 20 June 2023 3.65% 24 January 2023 3.40% 25 October 2022 2.70% 21 July 2022 2.20% 24 November 2020 1.50% 1 March 2019 3.25% 12 March 2018 2.50% 1 December 2017 2.25% 15 August 2017 2.00% -
3-year fixed rate
Effective from Issue Gross/AER (taxable) 31 January 2024 7 2.95% 14 November 2023 6 3.95% 22 August 2023 5 5.70% 7 February 2023 4 4.20% 25 August 2022 3 3.00% 15 February 2022 2 1.30% 22 October 2021 1 0.65% -
6-month fixed rate
No Issue on sale and no longer available
Effective from Issue Gross/AER (taxable) 18 August 2010 52 1.55% 1-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Guaranteed Growth Bond.
Effective from Issue Gross/AER (taxable) 3 December 2024 83R 3.95% 22 October 2024 82R 4.35% 30 August 2024 81R 4.75% 25 July 2024 80R 5.15% 23 May 2024 79 4.50% 3 April 2024 78R 4.50% 22 January 2024 76R 4.15% 10 January 2024 75R 4.70% 4 December 2023 74R 5.40% 6 October 2023 73R 6.20% 30 August 2023 72 6.20% 13 July 2023 71 5.00% 1 February 2023 70 4.00% 1 December 2022 69R 3.60% 1 August 2022 68R 1.85% 24 November 2020 67R 0.10% 1 May 2020 66R 1.10% 2 September 2019 65R 1.25% 1 May 2019 64 1.50% 11 June 2018 63 1.50% 1 December 2017 62 1.50% 20 November 2017 61R 1.50% 13 November 2017 60R 1.25% 1 April 2017 59R 0.95% 1 July 2016 58R 1.20% 20 October 2015 57R 1.45% 9 December 2013 56R 1.25% 5 July 2013 55R 1.50% 27 February 2013 54R 1.75% 5 October 2012 53R 2.00% 20 September 2012 52R 2.20% 27 September 2010 51R 2.20% 18 August 2010 50R 2.45% 17 February 2010 49R 3.20% 26 October 2009 48 3.95% 18-month fixed rate
No Issue on sale and no longer available
Effective from Issue Gross/AER (taxable) 27 September 2010 50 2.20% 18 August 2010 49 2.45% 17 February 2010 48 3.20% 26 October 2009 47 3.95% 19 February 2009 46 0.95% 2-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Guaranteed Growth Bond.
Effective from Issue Gross/AER (taxable) 3 December 2024 72 3.60% 22 October 2024 71 4.10% 11 September 2024 70 4.25% 6 August 2024 69 4.60% 3 April 2024 68R 4.25% 22 January 2024 66R 3.85% 10 January 2024 65R 4.60% 30 August 2023 64R 5.80% 13 July 2023 63R 5.10% 1 February 2023 62R 4.20% 1 December 2022 61R 3.65% 1 August 2022 60R 2.25% 24 November 2020 59R 0.15% 1 May 2020 58R 1.20% 2 September 2019 57R 1.45% 1 May 2019 56R 1.70% 20 November 2017 55R 1.70% 13 November 2017 54R 1.45% 1 April 2017 53R 1.05% 1 July 2016 52R 1.30% 20 October 2015 51R 1.70% 9 December 2013 50R 1.50% 5 July 2013 49R 1.75% 27 February 2013 48R 2.00% 7 January 2013 47R 2.25% 5 October 2012 46R 2.50% 20 September 2012 45R 2.75% 27 September 2012 44R 2.75% 18 August 2010 43R 3.25% 17 February 2010 42R 4.05% 26 October 2009 41 4.25% 13 July 2009 40 3.75% 3-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Guaranteed Growth Bond.
Effective from Issue Gross/AER (taxable) 3 December 2024 74 3.50% 11 September 2024 73 4.00% 6 August 2024 72 4.35% 3 April 2024 71 4.15% 3 April 2024 71 4.15% 22 January 2024 69R 3.45% 10 January 2024 68R 4.30% 30 August 2023 67R 5.80% 13 July 2023 66R 5.10% 1 February 2023 65R 4.20% 1 December 2022 64R 3.70% 1 August 2022 63R 2.55% 24 November 2020 62R 0.40% 1 May 2020 61R 1.30% 2 September 2019 60R 1.70% 1 May 2019 59 1.95% 11 June 2018 58 1.95% 6 March 2018 57 1.95% 1 December 2017 56 2.20% 20 November 2017 55R 2.20% 13 November 2017 54R 1.95% 1 April 2017 53R 1.25% 1 July 2016 52R 1.50% 20 October 2015 51R 1.90% 9 December 2013 50R 1.70% 5 July 2013 49R 1.95% 27 February 2013 48R 2.20% 7 January 2013 47R 2.50% 5 October 2012 46R 3.00% 20 September 2012 45R 3.25% 27 September 2010 44R 3.25% 18 August 2010 43R 3.55% 26 October 2009 42 4.40% 19 February 2009 41 1.75% 21 January 2009 40 2.80% 17 September 2008 39 4.00% 18 June 2008 38 4.75% 21 May 2008 37 4.00% 2 April 2008 36 3.55% 23 February 2008 35 4.00% 5-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Guaranteed Growth Bond.
Effective from Issue Gross/AER (taxable) 3 December 2024 66R 3.40% 11 September 2024 65 3.90% 6 August 2024 64 4.10% 3 April 2024 63R 3.90% 22 January 2024 61R 3.15% 10 January 2024 60R 4.10% 30 August 2023 59R 5.50% 1 February 2023 58R 4.25% 1 December 2022 57R 3.80% 1 August 2022 56R 2.55% 24 November 2020 55R 0.55% 1 May 2020 54R 1.65% 2 September 2019 53R 2.00% 1 May 2019 52R 2.25% 20 November 2017 51R 2.25% 13 November 2017 50R 2.00% 1 April 2017 49R 1.70% 1 July 2016 48R 2.30% 20 October 2015 47R 2.55% 5 July 2013 46R 2.35% 27 February 2013 45R 2.60% 7 January 2013 44R 3.00% 5 October 2012 43R 3.65% 20 September 2012 42R 3.90% 27 September 2012 42R 3.90% 18 August 2010 40R 4.00% 26 October 2009 39 4.60% 19 February 2009 38 2.60% 21 January 2009 37 3.15% 17 September 2008 36 4.00% 18 June 2008 35 4.75% 21 May 2008 34 4.05% 2 April 2008 33 3.65% 23 February 2008 32 4.05% Replacement for Fixed Rate Savings Bonds and Capital Bonds effective from 23 February 2008
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6-month fixed rate
No Issue on sale and no longer available
Effective from Issue Gross (taxable) AER (taxable) 18 August 2010 52 1.50% 1.51% 1-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Guaranteed Income Bond.
Effective from Issue Gross (taxable) AER (taxable) 3 December 2024 83R 3.88% 3.95% 22 October 2024 82R 4.26% 4.34% 30 August 2024 81R 4.65% 4.75% 25 July 2024 80R 5.03% 5.15% 23 May 2024 79 4.41% 4.50% 3 April 2024 78R 4.41% 4.50% 22 January 2024 76R 4.07% 4.15% 10 January 2024 75R 4.60% 4.70% 4 December 2023 74R 5.27% 5.40% 6 October 2023 73R 6.03% 6.20% 30 August 2023 72 6.03% 6.20% 13 July 2023 71 5.00% 5.12% 1 February 2023 70 3.90% 3.97% 1 December 2022 69R 3.50% 3.56% 1 August 2022 68R 1.80% 1.81% 24 November 2020 67R 0.06% 0.06% 1 May 2020 66R 1.05% 1.06% 2 September 2019 65R 1.20% 1.21% 1 May 2019 64 1.45% 1.46% 11 June 2018 63 1.45% 1.46% 1 December 2017 62 1.45% 1.46% 20 November 2017 61R 1.45% 1.46% 13 November 2017 60R 1.20% 1.21% 1 April 2017 59R 0.90% 0.90% 1 July 2016 58R 1.15% 1.16% 20 October 2015 57R 1.40% 1.41% 9 December 2013 56R 1.20% 1.21% 5 July 2013 55R 1.45% 1.46% 27 February 2013 54R 1.70% 1.71% 5 October 2012 53R 1.95% 1.97% 20 September 2012 52R 2.15% 2.17% 27 September 2010 51R 2.15% 2.17% 18 August 2010 50R 2.40% 2.43% 17 February 2010 49R 3.15% 3.20% 26 October 2009 48 3.85% 3.92% 18-month fixed rate
No Issue on sale and no longer available
Effective from Issue Gross (taxable) AER (taxable) 27 September 2010 50 2.15% 2.17% 18 August 2010 49 2.40% 2.43% 17 February 2010 48 3.15% 3.20% 26 October 2009 47 3.85% 3.92% 2-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Guaranteed Income Bond.
Effective from Issue Gross (taxable) AER (taxable) 3 December 2024 72 3.54% 3.60% 22 October 2024 71 4.02% 4.09% 11 September 2024 70 4.17% 4.25% 6 August 2024 69 4.50% 4.60% 3 April 2024 68R 4.17% 4.25% 22 January 2024 66R 3.78% 3.85% 10 January 2024 65R 4.51% 4.60% 30 August 2023 64R 5.65% 5.80% 13 July 2023 63R 5.10% 5.22% 1 February 2023 62R 4.10% 4.18% 1 December 2022 61R 3.55% 3.61% 1 August 2022 60R 2.20% 2.22% 24 November 2020 59R 0.11% 0.11% 1 May 2020 58R 1.15% 1.16% 2 September 2019 57R 1.40% 1.41% 1 May 2019 56R 1.65% 1.66% 20 November 2017 55R 1.65% 1.66% 13 November 2017 54R 1.40% 1.41% 1 April 2017 53R 1.00% 1.00% 1 July 2016 52R 1.25% 1.26% 20 October 2015 51R 1.65% 1.66% 9 December 2013 50R 1.45% 1.46% 5 July 2013 49R 1.70% 1.71% 27 February 2013 48R 1.95% 1.97% 7 January 2013 47R 2.20% 2.22% 5 October 2012 46R 2.45% 2.48% 20 September 2012 45R 2.70% 2.73% 27 September 2010 44R 2.70% 2.73% 18 August 2010 43R 3.20% 3.25% 17 February 2010 42R 3.95% 4.02% 26 October 2009 41 4.15% 4.23% 13 July 2009 40 3.65% 3.71% 3-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Guaranteed Income Bond.
Effective from Issue Gross (taxable) AER (taxable) 3 December 2024 74 3.44% 3.49% 11 September 2024 73 3.93% 4.00% 6 August 2024 72 4.26% 4.35% 3 April 2024 71 4.07% 4.15% 22 January 2024 69R 3.40% 3.45% 10 January 2024 68R 4.22% 4.30% 30 August 2023 67R 5.65% 5.80% 13 July 2023 66R 5.10% 5.22% 1 February 2023 65R 4.10% 4.18% 1 December 2022 64R 3.60% 3.66% 1 August 2022 63R 2.50% 2.53% 24 November 2020 62R 0.36% 0.36% 1 May 2020 61R 1.25% 1.26% 2 September 2019 60R 1.65% 1.66% 1 May 2019 59 1.90% 1.92% 11 June 2018 58 1.90% 1.92% 6 March 2018 57 1.90% 1.92% 1 December 2017 56 2.15% 2.17% 20 November 2017 55R 2.15% 2.17% 13 November 2017 54R 1.90% 1.92% 1 April 2017 53R 1.20% 1.21% 1 July 2016 52R 1.45% 1.46% 20 October 2015 51R 1.85% 1.87% 9 December 2013 50R 1.65% 1.66% 5 July 2013 49R 1.90% 1.92% 27 February 2013 48R 2.15% 2.17% 7 January 2013 47R 2.45% 2.48% 5 October 2012 46R 2.95% 2.99% 20 September 2012 45R 3.20% 3.25% 27 September 2010 44R 3.20% 3.25% 18 August 2010 43R 3.45% 3.51% 26 October 2009 42 4.30% 4.39% 19 February 2009 41 1.70% 1.71% 21 January 2009 40 2.70% 2.73% 17 September 2008 39 3.90% 3.97% 18 June 2008 38 4.65% 4.75% 21 May 2008 37 3.90% 3.97% 2 April 2008 36 3.45% 3.51% 23 February 2008 35 3.90% 3.97% 5-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Guaranteed Income Bond.
Effective from Issue Gross (taxable) AER (taxable) 3 December 2024 66 3.34% 3.39% 11 September 2024 65 3.83% 3.90% 6 August 2024 64 4.02% 4.10% 3 April 2024 63R 3.83% 3.90% 22 January 2024 61R 3.11% 3.15% 10 January 2024 60R 4.02% 4.09% 30 August 2023 59R 5.37% 5.50% 1 February 2023 58R 4.15% 4.23% 1 December 2022 57R 3.70% 3.76% 1 August 2022 56R 2.50% 2.53% 24 November 2020 55R 0.51% 0.51% 1 May 2020 54R 1.60% 1.61% 2 September 2019 53R 1.95% 1.97% 1 May 2019 52R 2.20% 2.22% 20 November 2017 51R 2.20% 2.22% 13 November 2017 50R 1.95% 1.97% 1 April 2017 49R 1.65% 1.66% 1 July 2016 48R 2.25% 2.27% 20 October 2015 47R 2.50% 2.53% 5 July 2013 46R 2.30% 2.32% 27 February 2013 45R 2.55% 2.58% 7 January 2013 44R 2.90% 2.94% 5 October 2012 43R 3.55% 3.61% 20 September 2012 42R 3.80% 3.87% 27 September 2010 41R 3.80% 3.87% 18 August 2010 40R 3.90% 3.97% 26 October 2009 39 4.50% 4.59% 19 February 2009 38 2.55% 2.58% 21 January 2009 37 3.05% 3.09% 17 September 2008 36 3.90% 3.97% 18 June 2008 35 4.65% 4.75% 21 May 2008 34 3.95% 4.02% 2 April 2008 33 3.55% 3.61% 23 February 2008 32 3.95% 4.02% -
2-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Fixed Interest Savings Certificate.
Effective from Issue AER (tax-free) 3 December 2024 65R 3.50% 22 October 2024 64R 3.65% 11 September 2024 63R 4.00% 6 August 2024 62R 4.25% 23 July 2023 61R 4.00% 1 February 2023 60R 4.00% 1 December 2022 59R 3.40% 1 August 2022 58R 2.15% 24 November 2020 57R 0.10% 1 May 2020 56R 1.15% 2 September 2019 55R 1.30% 20 November 2017 54R 1.55% 13 November 2017 53R 1.30% 9 December 2013 52R 0.90% 5 July 2013 51R 1.15% 20 September 2012 50R 1.25% 7 September 2011 49R 1.25% 12 May 2011 48R 1.25% 19 August 2009 47R 1.25% 19 February 2009 46R 0.95% 21 January 2009 45R 1.90% 17 September 2008 44R 2.95% 5-year fixed rate
Issues marked with an 'R' were only available to customers renewing a maturing Fixed Interest Savings Certificate.
Effective from Issue AER (tax-free) 3 December 2024 114R 3.35% 11 September 2024 113R 3.60% 19 April 2024 112R 3.90% 23 July 2023 111R 4.05% 1 February 2023 110R 4.05% 1 December 2022 109R 3.55% 1 August 2022 108R 2.45% 24 November 2020 107R 0.50% 1 May 2020 106R 1.60% 2 September 2019 105R 1.90% 20 November 2017 104R 2.15% 13 November 2017 103R 1.90% 5 July 2013 102R 1.60% 27 February 2013 101R 1.75% 7 January 2013 100R 2.00% 20 September 2012 99R 2.25% 7 September 2011 98R 2.25% 12 May 2011 97R 2.25% 19 August 2009 96R 2.25% 19 February 2009 95R 1.90% 21 January 2009 94R 2.35% 17 September 2008 93R 2.95% 18 June 2008 92R 3.50% 21 May 2008 91R 2.95% 2 April 2008 90R 2.70% 23 January 2008 89R 3.00% 28 November 2007 88R 3.15% 24 October 2007 87R 3.50% 20 June 2007 86R 3.85% 23 May 2007 85R 3.60% 24 January 2007 84R 3.50% 20 May 2006 83R 3.20% 3 April 2006 82R 3.05% 30 December 2005 81R 2.95% -
From 11 November 2013: Issues 1-4 = Index-linking only
2-year index-linking plus fixed rate
From 1 May 2019, if you renew your Index-linked Savings Certificate, we will calculate the index-linking using the Consumer Prices Index (CPI).
Issues marked with an 'R' were only available to customers renewing a maturing Index-Linked Savings Certificate.
Effective from Issue Index-linking + AER (tax-free) 23 July 2023 45R Index-linking + 0.01% 1 May 2019 44R Index-linking + 0.01% 28 March 2016 43R Index-linking + 0.01% 5 July 2013 42R Index-linking + 0.05% 27 February 2013 41R Index-linking + 0.15% 20 September 2012 40R Index-linking + 0.25% 7 September 2011 39R Index-linking + 0.25% 12 May 2011 38R Index-linking + 0.50% 7 April 2010 37R Index-linking + 1.00% 29 April 2009 36R Index-linking + 1.00% 3-year index-linking plus fixed rate
From 1 May 2019, if you renew your Index-linked Savings Certificate, we will calculate the index-linking using the Consumer Prices Index (CPI).
Issues marked with an 'R' were only available to customers renewing a maturing Index-Linked Savings Certificate.
Effective from Issue Index-linking + AER (tax-free) 23 July 2023 28R Index-linking + 0.01% 1 May 2019 27R Index-linking + 0.01% 28 March 2016 26R Index-linking + 0.01% 5 July 2013 25R Index-linking + 0.05% 27 February 2013 24R Index-linking + 0.15% 20 September 2012 23R Index-linking + 0.25% 7 September 2011 22R Index-linking + 0.25% 12 May 2011 21R Index-linking + 0.50% 7 April 2010 20R Index-linking + 1.00% 29 April 2009 19R Index-linking + 1.00% 18 June 2008 18R Index-linking + 1.00% 21 May 2008 17R Index-linking + 0.70% 2 April 2008 16R Index-linking + 0.25%
5-year index-linking plus fixed rate
From 1 May 2019, if you renew your Index-linked Savings Certificate, we will calculate the index-linking using the Consumer Prices Index (CPI).
Issues marked with an 'R' were only available to customers renewing a maturing Index-Linked Savings Certificate.
Effective from Issue Index-linking + AER (tax-free) 23 July 2023 55R Index-linking + 0.01% 1 May 2019 54R Index-linking + 0.01% 28 March 2016 53R Index-linking + 0.01% 5 July 2013 52R Index-linking + 0.05% 27 February 2013 51R Index-linking + 0.15% 20 September 2012 50R Index-linking + 0.25% 7 September 2011 49R Index-linking + 0.25% 12 May 2011 48R Index-linking + 0.50% 7 April 2010 47R Index-linking + 1.00% 29 April 2009 46R Index-linking + 1.00% 18 June 2008 45R Index-linking + 1.00% 21 May 2008 44R Index-linking + 0.70% 2 April 2008 43R Index-linking + 0.35% 25 April 2007 42R Index-linking + 1.35% 20 May 2006 41R Index-linking + 1.10% 3 April 2006 40R Index-linking + 0.95% 30 December 2005 39R Index-linking + 1.05% -
5-year fixed rate
*From 20 September 2012 Children's Bonus Bonds are known as Children's Bonds
Children’s Bonds were closed to new sales from 24 September 2017, and from 26 April 2018 maturing Bonds could no longer be renewed. The last of the 5-year Children’s Bonds matured in April 2023.
Effective from Issue AER (tax-free) 24 September 2017 37 2.00% 1 April 2017 36 2.00% 20 September 2012* 35 2.50% -
On 20 September 2012 we changed the name of Children's Bonus Bonds - they're now known as Children's Bonds. For Issue 35 onwards, please see the Children's Bonds tab.
Fixed 5-year guaranteed compound rate bond
Effective from Issue AER (tax-free) 19 August 2009 34 2.50% 19 February 2009 33 2.30% 21 January 2009 32 2.85% 17 September 2008 31 3.70% 18 June 2008 30 4.45% 21 May 2008 29 3.75% 2 April 2008 28 3.40% 23 January 2008 27 3.75% 28 November 2007 26 4.05% 24 October 2007 25 4.55% 20 June 2007 24 5.10% 23 May 2007 23 4.80% 24 January 2007 22 4.60% 20 May 2006 21 4.25% 30 December 2005 20 3.85% 21 July 2005 19 3.65% 21 April 2005 18 4.10% 1 February 2005 17 4.00% 19 August 2004 16 4.45% -
Product no longer on sale as of 15 May 2015
Fixed 1-year guaranteed compound rate
Effective from Issue Gross/AER (taxable) 15 January 2015 1 2.80% Fixed 3-year guaranteed compound rate bond
Effective from Issue Gross/AER (taxable) 15 January 2015 1 4.00% -
Product no longer on sale as of 11 April 2018
Fixed 3-year guaranteed compound rate bond
Effective from Issue Gross/AER (taxable) 11 April 2017 1 2.20% -
Where an NS&I product has been closed and we have been unsuccessful in our efforts to return the money invested to our customer such remaining holdings are transferred to the Residual Account.
There are two types of holding within the Residual Account: Type A which are interest bearing; and Type B which are non-interest bearing.
Type A:
Ordinary Account, Deposit Bonds, Yearly Plan, SAYE and Treasurer's Account
Effective from Gross/AER (taxable) 16 May 2023 0.25% 18 November 2021 0.01% 24 November 2020 0.03% 1 October 2018 0.35% 18 March 2009 0.10% 21 January 2009 0.15% 19 November 2008 0.25% Type B: 0% interest paid
Gift Tokens; Savings Stamps and British Savings Bonds (1968)
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From 11 November 2013 War Savings Certificates (1916-1920) and Issues 2 to 43 of Fixed Interest Savings Certificates earn the General Extension Rate (variable).
Effective from Gross/AER (taxable) 16 May 2023 0.30% 24th November 2020 0.03% 1st March 2019 0.36% 1st April 2009 0.09% 1st February 2009 0.15% 1st December 2008 0.51% 1st November 2008 1.71% 1st May 2008 2.19% 1st March 2008 2.67%