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Interest rates

Here are 2 easy ways to find interest rates on our savings accounts.

1. Find your current interest rate

To find the interest rate on your savings account with us simply enter the first 3 digits of your account number and select 'Find'

Previous rates and rates that are no longer offered to new applications can be found in closed issue accounts.



2. Browse savings interest rates by type of account

To find our current interest rates simply select the type of account and select 'Find'


Interest rates - internet accounts

The tables below show interest rates for our internet savings accounts

eSaver Issue 2 (accounts beginning with 859)

  Monthly gross Gross p.a./AER
£1 to £500,000 3.93% 4.00%
Rates effective from 2 January 2009. Rate assumes no withdrawals. Interest paid monthly. No interest earned on balances outside the minimum and maximum investment limits. Free withdrawals in July. No interest earned on the account balance for any other month in which a withdrawal is made or the account is closed. The AER will be lower if you make a withdrawal. Interest credited to the nominated current account will not be treated as a withdrawal and therefore will not be subject to loss of interest.
Previous Rate Monthly gross Gross p.a./AER
£1 to £500,000 4.89% 5.00%
Rates effective from 1 December 2008. Rate assumes no withdrawals. Interest paid monthly. No interest earned on balances outside the minimum and maximum investment limits. Free withdrawals in July. No interest earned on the account balance for any other month in which a withdrawal is made or the account is closed. The AER will be lower if you make a withdrawal. Interest credited to the nominated current account will not be treated as a withdrawal and therefore will not be subject to loss of interest.

DirectSaver (accounts beginning with 850, 851)

  Monthly gross Gross p.a./AER
£1,000 to £49,999 1.92% 1.94%
£50,000 to £2,000,000 2.12% 2.14%
Rates effective from 2 January 2009. Interest paid monthly. No interest earned on balances outside the minimum and maximum investment limits. Free withdrawals in July. No interest earned on the account balance for any other month in which a withdrawal is made or the account is closed. The AER will be lower if you withdraw. Interest credited to the nominated current account will not be treated as a withdrawal and therefore will not be subject to loss of interest.

Previous Rate Monthly gross Gross p.a./AER
£1,000 to £49,999 2.92% 2.96%
£50,000 to £2,000,000 3.12% 3.17%
Rates effective from 1 December 2008. Interest paid monthly. No interest earned on balances outside the minimum and maximum investment limits. Free withdrawals in July. No interest earned on the account balance for any other month in which a withdrawal is made or the account is closed. The AER will be lower if you withdraw. Interest credited to the nominated current account will not be treated as a withdrawal and therefore will not be subject to loss of interest.

PlusSaver

  Annual gross Gross p.a./AER
£1 - £49,999 1.25% 1.25%
£50,000 - £2,000,000 1.50% 1.50%
Rates effective from 2 January 2009. Balances between £1 and £50,000 in accounts opened before 1 December 2008 will qualify for a 0.75% bonus (giving a rate of 2% gross AER).
For accounts opened between 1 January 2008 and 28 September 2008 this bonus will be paid until 31 March 2009.
For accounts opened between 29 September 2008 and 30 November 2008 this bonus will be paid until 7 December 2009.

Previous Rate Annual gross Gross p.a./AER
£1 - £49,999 2.25% 2.25%
£50,000 - £2,000,000 2.50% 2.50%
Rates effective from 1 December 2008. Balances between £1 and £50,000 in accounts opened before 1 December 2008 will qualify for a 0.75% bonus (giving a rate of 3% gross AER).
For accounts opened between 1 October 2007 and 31 December 2007 this bonus will be paid until 31 December 2008.
For accounts opened between 1 January 2008 and 28 September 2008 this bonus will be paid until 31 March 2009.
For accounts opened between 29 September 2008 and 30 November 2008 this bonus will be paid until 7 December 2009.

Easy ISA (accounts beginning with 378, 379)

  Annual gross Gross p.a./AER
£1+ 3.50% 3.50%
Rates effective from 2 January 2009. Rates apply to accounts opened from 1 December 2008 and includes a bonus of 1.50% payable to 15 February 2010. Funds cannot be transferred from another Alliance & Leicester ISA.
Previous Rate Annual gross Gross p.a./AER
£1+ 4.50% 4.50%
Rates effective from 1 December 2008. Rates apply to accounts opened from 1 December 2008 and includes a bonus of 1.50% payable to 15 February 2010. Funds cannot be transferred from another Alliance & Leicester ISA.

Online Saver Issue 2 (accounts beginning with 177, 180, 181)

  Annual gross Gross p.a./AER
£1 - £24,999 1.05% 1.05%
£25,000 - £49,999 1.30% 1.30%
£50,000 - £2,000,000 1.55% 1.55%
Rates effective from 2 January 2009. Rates apply to accounts opened from 11 July 2005.

Previous Rate Annual gross Gross p.a./AER
£1 - £24,999 2.05% 2.05%
£25,000 - £49,999 2.30% 2.30%
£50,000 - £100,000 2.55% 2.55%
Rates effective from 1 December 2008. Rates apply to accounts opened from 11 July 2005.

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