Interest Rates

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
Net is the rate of interest which would be payable after allowing for the deduction of income tax at the specified rate.

Last Update: 14.08.2023

35-DAY NOTICE ACCOUNT *Gross *AER
GBP (2,500.00 and above) 2,85% 2,85%
USD (5,000.00 and above) 2,50% 2,50%
EUR (5,000.00 – 250,000.00) 0,00% 0,00%
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60-DAY NOTICE ACCOUNT Gross AER
GBP (1,000.00 and above) 2,90% 2,90%
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90-DAY NOTICE ACCOUNT Gross AER
GBP (1,000.00 and above) 3,35% 3,35%
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FIXED-RATE DEPOSITS Gross AER
GBP – 1 Month (5,000.00 and above) 2,75% 2,75%
GBP – 3 Months (5,000.00 and above) 3,00% 3,00%
GBP – 6 Months (5,000.00 and above) 3,25% 3,25%
GBP – 1 Year (5,000.00 and above) 4,00% 4,00%
GBP – 2 Years (5,000.00 and above) 4,00% 4,00%
GBP – 3 Year (5,000.00 and above) 4,00% 4,00%
USD – 1 Month (5,000.00 and above) 2,25% 2,25%
USD – 3 Months (5,000.00 and above) 2,75% 2,75%
USD – 6 Months (5,000.00 and above) 3,25% 3,25%
USD – 1 Year (5,000.00 and above) 3,50% 3,50%
EUR – 1 Month (5,000.00 and above) 0,75% 0,75%
EUR – 3 Months (5,000.00 and above) 1,25% 1,25%
EUR – 6 Months (5,000.00 and above) 1,35% 1,35%
EUR – 1 Year (5,000.00 and above) 2,00% 2,00%
TRY – 1 Month (20,000.00 and above) On Demand On Demand
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BASIC SAVINGS ACCOUNT (This product is no longer offered) Gross AER
GBP (100 – 999.99) 0,05% 0,05%
GBP (1,000 – 9,999.99) 0,08% 0,08%
GBP (10,000 and above) 0,10% 0,10%
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EASY ACCESS DEPOSIT ACCOUNT (This product is no longer offered) Gross AER
0,00% 0,00%
CALL ACCOUNT (This product is no longer offered) Gross AER
0,00% 0,00%