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TSB raises rates for savers

4th November 2022

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The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.

 

  • Fixed Rate Bonds offering up to 4.88% AER

  • Fixed Rate ISAs offering up to 4.30% AER

  • Save Well Limited Access Account offers 2.10% AER

  • New rates available in branch and online from 4 November

TSB has today announced changes to the rates for a number of its savings products. The key changes are summarised in the table below. 

Summary of product changes

Products Previous rate (AER) New rate (AER) Effective from
12 Month Bond 3.50% Fixed 4.35% Fixed 4 November
Two Year Bond 3.75% Fixed 4.76% Fixed 4 November
Three Year Bond 3.80% Fixed 4.88% Fixed 4 November
18 Month Fixed Rate ISA 3.00% Fixed 3.75% Fixed 4 November
Two Year Fixed Rate ISA 3.25% Fixed 4.20% Fixed 4 November
Three Year Fixed Rate ISA 3.30% Fixed 4.30% Fixed 4 November
Save Well Limited Access ISA 1.30% Fixed 2.00% Fixed 28 October
Save Well Limited Access Account 1.50% Fixed 2.10% Fixed 28 October

The products are available online and in TSB branches.

In addition, TSB’s Spend & Save and Spend & Save Plus current accounts provide instant access Savings Pots as a feature of the account which currently pay 1.52% AER. 

 

Media Contacts

 

Joseph Eyre | Senior Media Relations Manager, TSB
T: 07483 432 546 | joseph.eyre@tsb.co.uk

Follow us on twitter: @TSB_News

 

Notes to editors

 

Full details of TSB’s saving products can be found here.
 
The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.