Interest rates for individuals

Savings accounts

 

For easy comparison, here’s a summary of the interest rate you earn with each of our savings accounts.

Interest rates for individuals
                                                                        Monthly
Gross P.A.
Annual
Gross P.A. AER*
Investec Fixed Term Deposits (on deposits between £25,000 and £1,000,000)
1 year Fixed Term Deposit
2.03% 2.05%
18 month Fixed Term Deposit 2.08% 2.10%
2 year Fixed Term Deposit 2.23% 2.25%
3 year Fixed Term Deposit
2.28%
2.30%
E-asy Access Account
£0 - £24,999 0.10% 0.10%
£25,000 - £250,000 1.14% 1.15%

Interest rates are variable and subject to change. Effective from 7 August 2018.

Products that are no longer available to new clients.

 
Interest rates for individuals
                                                           Monthly
Gross P.A.
Annual
Gross P.A. AER*
Direct Reserve sterling
£0 - £24,999 0.00% 0.00%
£25,000 - £2,000,000 0.85% 0.85%
Direct Reserve US dollar
$0 - $24,999 0.00% 0.00%
$25,000 - $2,000,000 0.50% 0.50%
Direct Reserve euro
€0 - €24,999 0.00% 0.00%
€25,000 - €2,000,000 0.05% 0.05%
Cash ISA
£0 - £999 0.00% 0.00%
£1,000 0.85% 0.85%
Investec High 5 Account
£25,000+ 1.29% 1.30%
Investec High 5 Issue 2 Account
£25,000+
1.29% 1.30%
5 Year Step Up Bond
Issue Interest rate Start date
Issue 1 2.55% AER* for first 3 years, then 4.25% for final 2 years 21-Mar-14
Issue 2 2.85% AER* for first 3 years, then 3.85% for final 2 years 01-Aug-14
01-Sep-14
01-Oct-14
03-Nov-14
Issue 3 3.00% AER* for first 3 years, then 3.50% for final 2 years 01-Dec-14
Issue 4 2.80% AER* for first 3 years, then 3.30% for final 2 years 19-Dec-14
02-Feb-15
Issue 5 2.55% AER* for first 3 years, then 3.05% for final 2 years 02-Mar-15
Issue 6 2.40% AER* for first 3 years, then 2.90% for final 2 years 01-Apr-15
01-May-15
Issue 8 2.80% AER* for first 3 years, then 3.05% for final 2 years 01-Oct-15
02-Nov-15
Issue 9 2.75% AER* for first 3 years, then 3.00% for final 2 years 01-Dec-15
Issue 8 2.80% AER* for first 3 years, then 3.05% for final 2 years 01-Feb-16
Issue 9 2.75% AER* for first 3 years, then 3.00% for final 2 years 01-Mar-16
3 Year Base Rate Plus (Release 1; interest calculated as Bank of England base rate plus 1.00%, subject to a minimum interest rate)
Issue Minimum interest rate  Start date
Issue 3 2.45% AER* (variable) 21-Mar-14
Issue 4 2.60% AER* (variable) 01-Aug-14
01-Sep-14
01-Oct-14
03-Nov-14
Issue 5 2.50% AER* (variable) 01-Dec-14
Issue 6 2.30% AER* (variable) 19-Dec-14
02-Feb-15
Issue 7 2.10% AER* (variable) 02-Mar-15
Issue 8 2.00% AER* (variable) 01-Apr-15
3 Year Base Rate Plus (Release 2; interest calculated as Bank of England base rate plus 0.50%, subject to a minimum interest rate)
Issue Minimum interest rate Start date
Issue 9 2.20% AER* (variable) 01-May-15
01-Jun-15
01-Jul-15
03-Aug-15
Issue 10 2.30% AER* (variable) 01-Sep-15
Issue 11 2.35% AER* (variable) 01-Oct-15
02-Nov-15
Issue 12 2.25% AER* (variable) 01-Dec-15
01-Feb-16
01-Mar-16
2 Year Double Base Bond
Issue Interest rate Start date
Issue 1

2 x base rate plus 0.60%

1.60% AER* (variable) - up to 3 Aug 2016

1.10% AER* (variable) - 4 Aug 2016 to 1 Nov 2017

1.60% AER* (variable) - from 2 Nov 2017

01-Jun-15
01-Jul-15
03-Aug-15
01-Sep-15
Issue 2

2 x base rate plus 0.50%

1.50% AER* (variable) - up to 3 Aug 2016

1.00% AER* (variable) - 4 Aug 2016 to 1 Nov 2017

1.50% AER* (variable) - from 2 Nov 2017

01-Oct-15
02-Nov-15
01-Dec-15
Issue 3

2 x base rate plus 0.75%

1.75% AER* (variable) - up to 3 Aug 2016

1.25% AER* (variable) - 4 Aug 2016 to 1 Nov 2017

1.75% AER* (variable) - from 2 Nov 2017

01-Mar-16
01-Apr-16
03-May-16
01-Jun-16
Issue 4

2 x base rate plus 0.70%

1.70% AER* (variable) - up to 3 Aug 2016

1.20% AER* (variable) - 4 Aug 2016 to 1 Nov 2017

1.70% AER* (variable) - from 2 Nov 2017

01-Jul-16
01-Aug-16

*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. Gross means the interest rate payable before the deduction of tax. The AER is intended to be an indicative rate to help you compare the return on different savings products.