Business Savings variable interest rate changes

We’re making changes to some of our business savings interest rates. These changes will come into effect from 3 May 2024.

Please see below to find out what your new interest rate will be.

Business Customer Interest Rates from 3 May 2024
Account Type Issue Number Annual AER Annual Gross p.a. Monthly AER Monthly gross p.a.
Business 45 Day Saver
2
3.40%
3.40%
3.40%
3.35%
Members 45 Day Saver
1
3.40%
3.40%
3.40%
3.35%
Business 125 Day Saver
4
4.40%
4.40%
4.44%
4.35%

You can find the account type or issue number for your account on your latest statement. 

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and also added to the previously earned interest once each year.