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Your Bank Savings Interest Rates
Your Bank Savings Interest Rates
Your Bank Instant Saver
Balance
£1+
Interest Rate AER / Gross p.a. (variable)
0.30%
Interest paid monthly
Your Bank First Saver
Balance
£1+
Interest Rate AER / Gross p.a. (variable)
0.84%
Interest paid quarterly
Your Bank Cash ISA
Balance
£1+
Interest Rate AER / Gross p.a. (variable)
0.54%
Interest paid monthly
Definitions
Annual Equivalent Rate (AER) – This is a notional rate used for interest bearing accounts which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.
Gross Rate – This means the interest rate you are paid without the deduction of income tax.
p.a. – per annum.
Tax-free – means that interest payable is exempt from UK income tax.