Cash savings: Tables for sunlight remedy third report

We are publishing the lowest interest rates available on open and closed easy access cash savings accounts and easy access cash ISAs. This publication is designed primarily for market commentators and aims to bring to light firms’ strategies towards their longstanding customers.

In these tables we publish the lowest possible rates which do not necessarily reflect the typical rate that a customer is earning. Some products offer different rates of interest where, for example, customers meet different conditions or according to the customer’s account balance, which might mean a higher rate of interest is paid.

These are the interest rates offered on easy access cash and ISA savings accounts on the 1 October 2016. The accounts are separated into those which can be managed in a branch, and those that cannot.

Cash savings, branch

Applicable AER (%)

Open accounts

Closed accounts

Aldermore Bank

N/A

N/A

Bank of Scotland

0.2

0.1

Barclays

0.25

0.25

Cambridge Building Society

0.1

0.1

Clydesdale Bank

0.1

0.1

Co-op

0.25

0.06

Coventry Building Society

1

0.25

Cumberland Building Society

0.2

0.2

Danske Bank

0.01

0.01

First Direct

N/A

N/A

First Trust Bank

0.05

0.05

Halifax

0.25

0.1

HSBC

0.05

0.05

ICICI Bank UK Plc

1.15

N/A

Leeds Building Society

0.5

0.5

Lloyds Bank

0.2

0.1

Marks and Spencer Bank

0.35

N/A

Metro Bank PLC

0.4

0.65

National Counties Building Soc

0.31

0.31

Nationwide

0.25

0.1

NatWest

0.1

N/A

Newcastle Building Society

0.8

0.1

Nottingham Building Society

0.1

0.1

NS&I

N/A

N/A

OneSavings Bank

0.1

0.1

Post Office

0.1

0.1

Principality Building Society

0.1

N/A

Progressive Building Society

0.25

0.25

Royal Bank of Scotland

0.25

N/A

Sainsburys Bank Plc

N/A

N/A

Santander

0.25

0.1

Skipton Building Society

0.5

0.1

Tesco Personal Finance

0.6

N/A

TSB

0.05

0.2

Ulster Bank

0.01

0.01

Virgin Money

0.5

0.1

West Bromwich Building Society

0.2

0.2

Yorkshire Bank

0.1

0.1

Yorkshire Building Society

0.25

0.25

Cash savings, no branch

Applicable AER (%)

Open accounts

Closed accounts

Aldermore Bank

0.5

0.5

Bank of Scotland

N/A

0.1

Barclays

N/A

0.1

Cambridge Building Society

0.5

0.75

Clydesdale Bank

N/A

N/A

Co-op

0.4

0.06

Coventry Building Society

N/A

0.25

Cumberland Building Society

1.25

1.5

Danske Bank

0.05

N/A

First Direct

0.05

0

First Trust Bank

N/A

N/A

Halifax

N/A

0.25

HSBC

0.1

0

ICICI Bank UK Plc

0.5

1.15

Leeds Building Society

0.75

0.75

Lloyds Bank

N/A

0.1

Marks and Spencer Bank

N/A

N/A

Metro Bank PLC

N/A

N/A

National Counties Building Soc

N/A

1.01

Nationwide

N/A

0.1

NatWest

N/A

N/A

Newcastle Building Society

N/A

0.1

Nottingham Building Society

N/A

0.1

NS&I

0.45

N/A

OneSavings Bank

0.1

0.1

Post Office

0.9

0.25

Principality Building Society

0.9

1

Progressive Building Society

N/A

N/A

Royal Bank of Scotland

N/A

N/A

Sainsburys Bank Plc

0.5

0.1

Santander

0.35

0.6

Skipton Building Society

0.5

0.25

Tesco Personal Finance

1.01

N/A

TSB

0.05

0.2

Ulster Bank

N/A

0.01

Virgin Money

0.5

0.5

West Bromwich Building Society

0.9

0.2

Yorkshire Bank

N/A

N/A

Yorkshire Building Society

0.5

0.35

ISA savings, branch

Applicable AER (%)

Open accounts

Closed accounts

Aldermore Bank

N/A

N/A

Bank of Scotland

0.35

0.1

Barclays

0.8

N/A

Cambridge Building Society

0.45

0.45

Clydesdale Bank

0.7

N/A

Co-op

0.5

N/A

Coventry Building Society

1.1

1.15

Cumberland Building Society

0.75

0.95

Danske Bank

0.1

N/A

First Direct

N/A

N/A

First Trust Bank

0.45

N/A

Halifax

0.35

0.25

HSBC

0.5

0.2

ICICI Bank UK Plc

N/A

N/A

Leeds Building Society

0.5

0.5

Lloyds Bank

0.35

0.25

Marks and Spencer Bank

1.1

0.05

Metro Bank PLC

0.75

0.75

National Counties Building Soc

0.86

N/A

Nationwide

0.75

0.25

NatWest

0.25

N/A

Newcastle Building Society

0.8

0.1

Nottingham Building Society

N/A

0.25

NS&I

N/A

N/A

OneSavings Bank

0.85

0.6

Post Office

N/A

N/A

Principality Building Society

0.6

N/A

Progressive Building Society

0.85

0.85

Royal Bank of Scotland

0.5

N/A

Sainsburys Bank Plc

N/A

N/A

Santander

0.1

0.25

Skipton Building Society

0.8

0.25

Tesco Personal Finance

N/A

N/A

TSB

0.05

0.05

Ulster Bank

0.5

0.5

Virgin Money

0.75

0.25

West Bromwich Building Society

0.5

N/A

Yorkshire Bank

0.7

N/A

Yorkshire Building Society

0.25

0.6

ISA savings, no branch

Applicable AER (%)

Open accounts

Closed accounts

Aldermore Bank

N/A

N/A

Bank of Scotland

N/A

N/A

Barclays

N/A

N/A

Cambridge Building Society

N/A

1.25

Clydesdale Bank

N/A

N/A

Co-op

0.65

N/A

Coventry Building Society

N/A

N/A

Cumberland Building Society

N/A

N/A

Danske Bank

N/A

N/A

First Direct

1.3

N/A

First Trust Bank

N/A

N/A

Halifax

N/A

0.25

HSBC

N/A

0.5

ICICI Bank UK Plc

N/A

N/A

Leeds Building Society

0.75

0.75

Lloyds Bank

N/A

N/A

Marks and Spencer Bank

N/A

N/A

Metro Bank PLC

N/A

N/A

National Counties Building Soc

N/A

N/A

Nationwide

N/A

0.25

NatWest

N/A

N/A

Newcastle Building Society

N/A

0.1

Nottingham Building Society

N/A

N/A

NS&I

1

N/A

OneSavings Bank

0.85

0.6

Post Office

0.7

0.25

Principality Building Society

0.9

1.1

Progressive Building Society

N/A

N/A

Royal Bank of Scotland

N/A

N/A

Sainsburys Bank Plc

0.5

N/A

Santander

0.55

0.8

Skipton Building Society

0.8

0.55

Tesco Personal Finance

0.75

N/A

TSB

N/A

N/A

Ulster Bank

N/A

N/A

Virgin Money

0.75

1.01

West Bromwich Building Society

0.5

0.5

Yorkshire Bank

N/A

N/A

Yorkshire Building Society

0.5

0.75