Customer Account Interest
Uninvested funds held on a customer account will accrue interest. Accrual will start the day after the receipt of funds and continue until instructions are received to either invest the funds or return them to the customer’s nominated bank account. Interest is calculated daily and will be applied to the account at the end of each month. See the terms and conditions for further details.
Current rate
| As at 01/08/2025 | 1.30%pa gross (1.31% AER) |
Historical rates
| As at 01/06/2025 | 1.75%pa gross (1.76% AER) |
| As at 01/11/2024 | 2.00%pa gross (2.02% AER) |
Frequently asked questions
NOTE: The payment of interest only applies to accounts held by customers who are not FCA or PRA regulated entities. This includes the following account types: Individual, Joint, Individual on behalf of a minor, UK non-regulated Company, UK regulated Charity and Trust.
Interest accrual will cease on the day we receive and process your instruction and any accrued but not yet credited interest will be automatically added to the value of the withdrawal payment, ISA transfer value or reinvestment.
No interest will be added to payments made from partial instructions. Interest will only be paid when a final transaction reduces the account’s cash balance to zero.
No. For immediate reinvestments, interest will not accrue as the funds will be allocated to the new plan.
Interest will be paid gross of tax. We do not provide tax advice and customers should consult a financial and/or tax adviser if necessary. Further information about tax in the UK, ISAs and pensions, is available from the UK government website at: www.gov.uk
