Our range / Cash ISA /

Interest rates

Tax-free / variable

Minimum investment £10.

		Tax-free rate pa/AER		Equivalent gross rates*
		4.60%		5.75% basic rate, 7.66% higher rate

* Equivalent gross rates for basic and higher rate taxpayers at current rates of tax.

For a summary of the rates for all our products, see Current interest rates.

Definitions

Tax-free means the interest and prizes are exempt from UK Income Tax and Capital Gains Tax.

AER (Annual Equivalent Rate) is a notional rate that 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.