Savings Accounts Interest Rates
Here you can find the rates of all of our open accounts. By clicking on the name of the account, you can find out more details. Click here for rates on accounts no longer available to new investors.
If the balance in the account falls below the minimum investment, a lower interest rate will apply.
General Savings Accounts
| Investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10 or over | 4.00 | 3.20 |
current rates valid from 14 July 2010
| Investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10 or over | 4.00 | 3.20 |
previous rates not applicable
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10,000 | 1.65 | 1.32 | |
| £25,000 + | 1.80 | 1.44 | |
| £50,000 + | 2.00 | 1.60 |
current rates valid from 26 May 2009
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10,000 | 1.15 | 0.92 | |
| £25,000 + | 1.30 | 1.04 | |
| £50,000 + | 1.50 | 1.20 |
previous rates valid from 1 April to 25 May 2009
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 0.05 | 0.04 | |
| £500 + | 0.05 | 0.04 | |
| £10,000 + | 0.05 | 0.04 | |
| £20,000 + | 0.05 | 0.04 |
current rates valid from 1 April 2009
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 0.10 | 0.08 | |
| £500 + | 0.10 | 0.08 | |
| £10,000 + | 0.10 | 0.08 | |
| £20,000 + | 0.10 | 0.08 |
previous rates valid from 1 March 2009 to 31 March 2009
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | £1,000,000 | 0.10 | 0.08 |
current rates valid from 1 April 2009
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | £1,000,000 | 0.15 | 0.12 |
previous rates valid from 1 March 2009 to 31 March 2009
Annual income option
| Minimum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £100 or over | 2.65 | 2.12 |
Monthly income option
| Investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £100 or over | 2.62/2.65 | 2.10/2.12 |
current rates valid from 5 August 2010
Annual income option
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £100 | 0.20 | 0.16 | |
| £1,000 + | 0.60 | 0.48 |
Monthly income option
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £100 | 0.20 / 0.20 | 0.16 | |
| £1,000 + | 0.60 / 0.60 | 0.48 |
previous rates valid from 1 April 2009 to 4 August 2010
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1,000 | £1,000,000 | 2.30 | 1.84 |
Monthly income option
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1,000 | £1,000,000 | 2.28 / 2.30 | 1.82 |
current rates valid from 17 July 2009
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10,000 | £1,000,000 | 2.30 | 1.84 |
Monthly income option
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10,000 | £1,000,000 | 2.28 / 2.30 | 1.83 |
previous rates valid from 7 July 2009 to 16 July 2009 and relate to the previous issue of the account
| Minimum investment | Investment amount | Gross p.a. / aer % * | Net | Bonus |
| £1,000 | 0.50 | 0.40 | 1.00% | |
| £50,000 + | 0.75 | 0.60 | 1.00% |
current rates valid from 1 June 2010
| Minimum investment | Investment amount | Gross p.a. / aer % * | Net | Bonus |
| £1,000 | 0.50 | 0.40 | 1.00% | |
| £50,000 + | 0.75 | 0.60 | 1.00% |
previous rates not applicable
* The gross rate is the rate before deducting tax at the rate applicable to savings income.
** The annual equivalent rate (AER) is a notional rate which illustrates the contractual rate (excluding any bonus interest payable) as if paid and compounded on an annual basis.
| Minimum investment | Maximum investment | Gross p.a. / aer % * | Net | Bonus |
| £1,000 + | £1,000,000 | 0.75 | 0.60 | 1.00% |
current rates valid from 1 June 2010
| Minimum investment | Maximum investment | Gross p.a. / aer % * | Net | Bonus |
| £1,000 + | £1,000,000 | 0.75 | 0.60 | 1.00% |
previous rates not applicable
* The gross rate is the rate before deducting tax at the rate applicable to savings income.
** The annual equivalent rate (AER) is a notional rate which illustrates the contractual rate (excluding any bonus interest payable) as if paid and compounded on an annual basis.
Cash ISA Savings Accounts
| Minimum investment | Maximum investment per tax year | gross p.a./AER % |
| £500 | £5,100 | 3.00 |
current rates valid from 20 July 2010
| Minimum investment | Maximum investment per tax year | gross p.a./AER % |
| £500 | £5,100 | 3.00 |
previous rates not applicable
| Minimum investment | Maximum investment per tax year | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £3,000 | £5,100 | 2.50 | - |
current rates valid from 1 March 2010
| Minimum investment | Maximum investment per tax year | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £3,000 | £5,100 | 2.50 | - |
previous rates not applicable
| Minimum investment | Investment Term | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | Year 1 | 2.50 | n/a |
| Year 2 | 3.25 | n/a | |
| Year 3 | 4.00 | n/a |
current rates valid from 22 June 2010
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | Year 1 | 2.50 | n/a |
| Year 1 | 3.25 | n/a | |
| Year 3 | 4.00 | n/a |
previous rates not applicable
| Minimum investment | Investment amount | Gross p.a. / aer % * | Net | Bonus |
| £1,000 | 0.50 | - | 1.00% | |
| £20,000 + | 0.75 | - | 1.00% |
current rates valid from 1 June 2010
| Minimum investment | Investment amount | Gross p.a. / aer % * | Net | Bonus |
| £1,000 | 0.50 | - | 1.00% | |
| £20,000 + | 0.75 | - | 1.00% |
previous rates not applicable
* The gross rate is the rate before deducting tax at the rate applicable to savings income.
** The annual equivalent rate (AER) is a notional rate which illustrates the contractual rate (excluding any bonus interest payable) as if paid and compounded on an annual basis.
| Minimum investment | Maximum investment per tax year | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | £5,100 | 0.50 | - |
current rates valid from 1 August 2010
| Minimum investment | Maximum investment per tax year | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | £5,100 | 0.10 | - |
previous rates valid from 1 April 2009 to 31 July 2010
Fixed Rate Savings Accounts & Bonds
Rates at a glance
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | 2.40 | 1.92 | |
| £20,000 + | 2.50 | 2.00 |
current rates valid from 1 August 2010.
Rates at a glance
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | 2.40 | 1.92 | |
| £20,000 + | 2.50 | 2.00 |
previous rate not applicable.
Rates at a glance - Annual income
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | 2.50 | 2.00 | |
| £20,000 + | 2.60 | 2.08 |
Rates at a glance - Monthly income
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | 2.47/2.50 | 2.00 | |
| £20,000 + | 2.57/2.60 | 2.08 |
current rates valid from 1 August 2010.
Rates at a glance - Annual income
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | 2.50 | 2.00 | |
| £20,000 + | 2.60 | 2.08 |
Rates at a glance - Monthly income
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | 2.47/2.50 | 2.00 | |
| £20,000 + | 2.57/2.60 | 2.08 |
previous rate not applicable.
Rates at a glance
| Investment amount | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 + | £1,000,000 | 3.00 | 2.40 |
current rates valid from 6 July 2010.
Rates at a glance
| Investment amount | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 + | £1,000,000 | 3.00 | 2.40 |
previous rate not applicable.
| Minimum investment | Investment Term | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | Year 1 | 2.50 | 2.00 |
| Year 2 | 3.25 | 2.60 | |
| Year 3 | 4.00 | 3.20 |
current rates valid from 22 June 2010
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | Year 1 | 2.50 | 2.00 |
| Year 1 | 3.25 | 2.60 | |
| Year 3 | 4.00 | 3.20 |
previous rates not applicable
Childrens' Savings Accounts
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 1.50 | 1.20 | |
| £10,000 + | 1.85 | 1.48 | |
| £25,000 + | 2.25 | 1.80 |
current rates valid from 1 November 2009
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 1.50 | 1.20 | |
| £10,000 + | 1.85 | 1.48 | |
| £25,000 + | 2.25 | 1.80 |
previous rates valid from 1 April 2009 to 31 October 2009 and refer to the previous issue of the account
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 1.00 | 0.80 | |
| £10,000 + | 1.35 | 1.08 | |
| £25,000 + | 1.75 | 1.40 |
current rates valid from 1 April 2009
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 1.75 | 1.40 | |
| £10,000 + | 2.10 | 1.68 | |
| £25,000 + | 2.50 | 2.00 |
previous rates valid from 1 March 2009 to 31 March 2009 and relate to the previous issue of the account
Business Savings Accounts
Charity deposits
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 0.10 | - | |
| £50,000 + | 0.10 | - | |
| £100,000 + | 0.10 | - | |
| £250,000 + | 0.15 | - |
current rates valid from 1 April 2009
Sports and social clubs
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 0.10 | 0.08 | |
| £10,000 + | 0.10 | 0.08 |
current rates valid from 1 April 2009
Corporate deposits
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10,000 | 0.10 | 0.08 | |
| £100,000 + | 0.10 | 0.08 | |
| £250,000 + | 0.10 | 0.08 |
If the balance falls below £10,000 the interest rate will be 0.10 gross rate/AER and 0.08 Net p.a. % for balances of £500 or more
current rates valid from 1 April 2009
Pension funds
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 1.50 | - | |
| £50,000 + | 1.50 | - |
current rates valid from 1 November 2009
Solicitors' Undesignated Client account
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 0.10 | - | |
| £50,000 + | 0.10 | - | |
| £100,000 + | 0.10 | - |
current rates valid from 1 April 2009
Charities
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 0.10 | - | |
| £50,000 + | 0.30 | - | |
| £100,000 + | 0.55 | - | |
| £250,000 + | 0.65 | - |
previous rates valid from 1 March 2009 to 31 March 2009
Sports and social clubs
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 0.10 | 0.08 | |
| £10,000 + | 0.10 | 0.08 |
previous rates valid from 1 March 2009 to 31 March 2009
Corporate deposits
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10,000 | 0.10 | 0.08 | |
| £100,000 + | 0.15 | 0.12 | |
| £250,000 + | 0.45 | 0.36 |
If the balance falls below £10,000 the interest rate will be 0.10 gross rate/AER and 0.08 Net p.a. % for balances of £500 or more
previous rates valid from 1 March 2009 to 31 March 2009
Pension funds
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 0.10 | - | |
| £50,000 + | 0.10 | - |
previous rates valid from 1 April 2009 to 31 October 2009
Solicitors' Undesignated Client account
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | 0.10 | - | |
| £50,000 + | 0.10 | - | |
| £100,000 + | 0.10 | - |
previous rates valid from 1 March 2009 to 31 March 2009
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | £1,000,000 | 1.50 | 1.20 |
current rates valid from 1 February 2010
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £500 | £1,000,000 | 0.50 | 0.40 |
previous rates valid from 1 January 2010 to 31 January 2010
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £5,000 | £2,000,000 | 1.50 | 1.20 |
current rates valid from 7 July 2009
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £5,000 | £2,000,000 | 1.00 | 0.80 |
previous rates valid from 1 April 2009 to 6 July 2009
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1,000 | £1,000,000 | 1.50 | 1.20 |
current rates valid from 1 June 2009
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1,000 | £1,000,000 | 1.50 | 1.20 |
previous rates not applicable
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £5,000 | 2.00 | 1.60 | |
| £250,000 + | 2.25 | 1.80 |
current rates valid from 1 August 2010
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £5,000 | 2.00 | 1.60 | |
| £250,000 + | 2.25 | 1.80 |
previous rates not applicable
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £5,000 | 2.25 | 1.80 | |
| £250,000 + | 2.50 | 2.00 |
current rates valid from 1 August 2010
| Minimum investment | Investment amount | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £5,000 | 2.25 | 1.80 | |
| £250,000 + | 2.50 | 2.00 |
previous rates not applicable
Goal-based Savings Accounts
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10 | £2,000,000 | 2.65 | 2.12 |
current rates valid from 5 August 2010
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10 | £2,000,000 | 2.25 | 1.80 |
previous rates valid from 20 January 2010 to 4 August 2010
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10 | £2,000,000 | 2.25 | 1.80 |
current rates valid from 16 February 2010
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10 | £2,000,000 | 2.25 | 1.80 |
previous rates not applicable
Saffron Building Society, Saffron Independent Financial Advisers Ltd and Crocus Home Loans Ltd are authorised and regulated by the Financial Services Authority for investments, pensions, life assurance, insurance and regulated mortgages. Saffron Building Society's FSA registration number is 100015.
Registered Office: Saffron House, 1A Market Street, Saffron Walden, Essex, CB10 1HX.
