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Interest rate changes

Current and historical rates for our savings accounts

In this area you'll find information on current and historical interest rate changes for our variable rate accounts. We've included closed accounts and accounts that are still available and shown all interest rate changes over the past 12 months.

Only savings plans with variable interest rates are included here. You can find out about our fixed rate savings here.

Fixed rate offers >

Available accounts

Up-to-date rates and rate changes for accounts you can save with today, accounts which have previously included a bonus and accounts offered to customers with maturing bonds.

Available accounts >

Closed accounts

Current and historical rates for our variable rate accounts that are now closed.

Closed accounts >

Bank of England Bank Rate

For information on current and historical bank rates, visit the Bank of England website.

Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.

NET rates are illustrative only, allowing for the deduction of income tax at 20%. If you are a higher rate tax payer, you may have a further amount to pay. If we deduct more tax than you have to pay this can be reclaimed from HMRC.

Tax Free means free from personal liability to Income Tax.

For telephone line opening times, please read the information in our contact section. Calls may be monitored and recorded for security and training purposes. If you're calling from outside the UK, please dial +442920781145.

© Birmingham Midshires
This site is intended for UK residents unless otherwise stated.
Birmingham Midshires is a division of Bank of Scotland plc, which is authorised for accepting deposits by the Financial Services Authority. It is entered in the FSA's Register and its Register Number is 169628. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh, EH1 1YZ.
To contact the FSA Consumer helpline, please ring 0300 500 5000 or visit www.moneymadeclear.org.uk/.