If you have a TSB savings account that’s no longer available to open, you’ll find your current interest rates and other important information on this page.
Interest rates
The following accounts are instant access, which means you can withdraw money without any notice or penalties.
Matured Funds
| Account balance | Interest rate |
|---|---|
| £1+ | 1.19% Gross/ 1.20% AER |
| £25,000+ | 1.29% Gross/ 1.30% AER |
| £50,000+ | 1.39% Gross/ 1.40% AER |
| £100,000+ | 1.48% Gross/ 1.50% AER |
All interest rates are Gross/AER variable and depends on how much money is in your account at the end of each day.
Interest is calculated each day and paid once a month.
Rates and information correct as at 07/01/2025.
Cash ISA branch
| Account balance | Interest rate |
|---|---|
| £1+ | 1.19% Tax-free/ 1.20% AER |
| £25,000+ | 1.29% Tax-free/ 1.30% AER |
| £50,000+ | 1.39% Tax-free/ 1.40% AER |
| £100,000 | 1.48% Tax-free/ 1.50% AER |
All interest rates are Tax free/AER variable and depends on how much money is in your account at the end of each day.
Interest is calculated daily and is paid once a year on 31 March.
Rates and information correct as at 07/01/2025.
Flexible Savings, Advantage Saver
| Account balance | Interest rate |
|---|---|
| £1+ | 1.19% Gross/ 1.20% AER |
| £25,000+ | 1.29% Gross/ 1.30% AER |
| £50,000+ | 1.39% Gross/ 1.40% AER |
| £100,000+ | 1.48% Gross/ 1.50% AER |
All interest rates are Gross/AER variable and depends on how much money is in your account at the end of each day.
Interest is calculated daily and can be paid either monthly or annually.
Rates and information correct as at 07/01/2025.
Passbook Saver
| Account balance | Variable annual interest | Variable quarterly interest | Variable monthly interest |
|---|---|---|---|
| £1+ | 1.20% Gross/AER | 1.19% Gross/ 1.20% AER | 1.19% Gross/ 1.20% AER |
| £25,000+ | 1.30% Gross/AER | 1.29% Gross/ 1.30% AER | 1.29% Gross/ 1.30% AER |
| £50,000+ | 1.40% Gross/AER | 1.39% Gross/ 1.40% AER | 1.39% Gross/ 1.40% AER |
| £100,000+ | 1.50% Gross/AER | 1.49% Gross/ 1.50% AER | 1.48% Gross/ 1.50% AER |
All interest rates are Gross/AER variable and depends on how much money is in your account at the end of each day.
Interest is paid yearly, monthly or quarterly depending on the account type. Quarterly interest is paid on 10 March, 10 June, 10 September and 10 December.
Rates and information correct as at 07/01/2025.
Young Saver Passbook
| Account balance | Interest rate |
|---|---|
| £1-£19,999.99 | 3.11% Gross/ 3.15% AER |
| £20,000+ | 1.19% Gross/ 1.20% AER |
All interest rates are Gross/AER variable and depends on how much money is in your account at the end of each day.
Interest is calculated each day and paid quarterly.
Rates and information correct as at 07/01/2025.
Important information
Our current savings accounts
Cash ISAs
Earn tax-free interest on your savings
- Up to 4.02% Tax Free/4.10% AER fixed (for an 18 Month Fixed Rate Cash ISA)
- Save up to £20,000 each tax year, and earn interest tax-free
Instant access
Dip into your savings whenever you need to
- Up to 6.00% gross/AER fixed for 12 months (for a Monthly Saver)
- Build your savings, and access it if you need to
Fixed rates
Save with a set interest rate for a fixed time
- Up to 4.15% gross/AER fixed (for a 1 Year Fixed Rate Bond)
- Save a lump sum at a fixed interest rate for your chosen amount of time
Save for a child
Put money aside for your child's future
- Up to 3.55% Tax Free/AER variable (for a Junior Cash ISA)
- Encourage children to start saving from a young age
