Skip to main content

You are here:

  1. Home
  2. Existing savers
  3. Interest rates
  4. Available accounts

Available accounts

Up-to-date rates and rate changes for accounts you can save with today

Select your account for information on current, future and historical interest rates.

History of rate changes

Account Effective
date
Save from Interest
rate
Bonus
rates
Notes Interest
rates
ISA extra (issue 3) (monthly interest) 25/07/2011£1
First 12 months
2.72% Tax free/
AER 2.75%
12 - 15 months
2.72% Tax free/
AER 1.96%
After 15 months
1.69% Tax free/
AER 1.70%
  • Bonus rate for the first 15 months the rates include a fixed bonus of 1.03%
See all rates
ISA extra (issue 3) (yearly interest) 25/07/2011£1
First 12 months
2.75% Tax free/
AER 2.75%
12 - 15 months
2.72% Tax free/
AER 1.97%
After 15 months
1.70% Tax free/
AER 1.70%
  • Bonus rate for the first 15 months the rates include a fixed bonus of 1.05%
See all rates
Online extra (issue 1) (yearly interest) 11/01/2012£1000
£1,000+
2.60% Gross / AER 2.60%
£20,000+
3.00% Gross / AER 3.00%
£50,000+
3.20% Gross / AER 3.20%
  • All rates include a fixed bonus for 12 months. After 12 months, all rates revert to 0.50% gross/AER variable. See benefits and features and/or summary box for more infoirmation
See all rates
Telephone extra account (issue 4) (monthly interest) 01/08/2011£12.37% Gross / AER 2.40%
  • Bonus rate for the first 12 months the rates include a fixed bonus of 1.90%
See all rates
Telephone extra account (issue 4) (yearly interest) 01/08/2011£12.40% Gross / AER 2.40%
  • Bonus rate for the first 12 months the rates include a fixed bonus of 1.90%
See all rates

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 +441902 428 311.


© 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.moneyadviceservice.org.uk/.