In accordance with our current rate card, money in your portfolio will be held in a Pooled Client Money Account along with monies held on behalf of other clients.
We will use a managed rate to calculate your interest and may at our discretion apply zero interest. Current Interest rates for Sterling (GBP) are displayed below.
WITH EFFECT FROM 3rd August 2023
The following rates of interest apply to Sterling cash deposit balances held in each account individually:
£200,000 and above: 3.55%
This rate of interest is payable on the full cash deposit balance held within the relevant account and not just the portion of the balance over £200,000.
Non-Sterling balances in your portfolio will be held in Pooled Client Money Account along with monies held on behalf of other clients. We will use a managed rate to calculate your interest and may at our discretion apply zero or negative interest. Currently we apply interest on the following currencies:
All other Non-Sterling balances currently have an interest rate of zero.
For further information and terms, please refer to our Terms and Conditions or contact your Investment Manager.
Investec Wealth & Investment (UK) is a trading name of Investec Wealth & Investment Limited which is a subsidiary of Rathbones Group Plc. Investec Wealth & Investment Limited is authorised and regulated by the Financial Conduct Authority and is registered in England. Registered No. 2122340. Registered Office: 30 Gresham Street. London. EC2V 7QN.