Current interest rates Savings Information

Current interest rates

Savings Information

Current interest rates

We have made the difficult decision to suspend new savings account openings until further notice. However, existing members can still open the products shown on this page using our Online Service.

Notes that apply to these rates:
* Interest is paid without tax deducted. Some savers will be required to pay tax on savings interest; this should be arranged directly with HMRC through your tax return.
** AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added once each year.
# Interest paid on these products is exempt from UK income tax.

Gross*/AER**%
Variable interest paid annually on 31 October£1+0.55
Save & Support Plus
  • Rate effective 2 July 2020
  • This product is exclusively available to members, who can open an account using our Online Service
  • Every year we will make a donation (minimum £5,000) to our charity of the year, linked to the average balance across all Save & Support account types. This donation will be made by the Society, so it won’t reduce your account balance or the amount of interest you are paid
Gross*/AER**%
Annual interest£1,000+0.65
Fixed Term Member Bond 85
  • Fixed rate effective 16 November 2021
  • This product is exclusively available to members, who can open an account using our Online Service
  • Annual interest paid on 31 January
  • Account matures 31 January 2024