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Savings Account Interest Rates - Data Sources

Year JanFebMarAprMayJunJulAugSepOctNovDec AverageSource
 
19747.507.507.507.507.507.507.507.507.507.507.507.507.501
19757.507.507.507.507.507.007.007.007.007.007.007.007.211
19767.007.007.007.006.506.506.506.506.506.507.807.806.881
19777.807.807.807.807.007.006.706.706.706.706.006.007.001
19786.005.505.505.505.505.506.706.706.706.706.708.006.251
19798.008.008.008.008.008.008.008.758.758.758.758.758.311
198010.5010.5010.5010.5010.5010.5010.5010.5010.5010.5010.5010.5010.501
19819.259.259.258.508.508.508.508.508.508.509.759.758.901
19829.759.759.758.758.758.758.758.757.757.757.756.258.541
19836.256.256.256.256.256.257.257.257.257.257.257.256.751
19847.257.256.256.256.256.257.757.757.757.756.756.757.002
19857.307.308.258.258.258.258.257.007.007.007.007.007.572
19867.007.006.006.006.009.779.779.779.7710.8910.8910.898.652
198711.0211.0211.029.799.799.799.879.879.878.658.658.659.833
19888.668.668.667.977.977.979.679.679.6710.9210.9210.929.313
198911.7811.7811.7811.6011.6011.6011.7311.7311.7312.7312.7312.7311.963
199013.6213.6213.6213.8213.8213.8213.8813.8813.8812.9012.9012.9013.563
199112.2212.2212.2210.6110.6110.619.779.779.779.699.699.6910.573
19929.239.239.238.848.848.848.418.418.416.296.296.298.193
19935.765.765.765.805.805.805.775.775.775.325.325.325.663
19945.295.295.295.255.255.255.315.315.315.605.605.605.363
19955.795.795.795.775.775.775.615.615.615.245.245.245.603
19964.754.754.754.544.544.544.374.374.374.494.494.494.543
19974.654.654.655.225.225.225.875.875.876.056.056.055.453
19986.236.236.236.456.456.456.616.616.616.046.046.046.333
19994.914.914.914.864.864.864.084.084.084.984.984.984.713
20005.395.395.395.465.465.465.535.535.535.485.485.485.473
20015.285.285.284.844.844.844.614.614.613.813.813.814.643
20023.733.733.733.743.743.743.663.663.663.583.583.583.683
20034.004.003.753.753.753.753.753.503.503.503.504.003.734
20044.004.004.254.254.254.504.754.755.005.005.005.004.564
20055.005.005.005.005.005.005.005.004.754.754.754.754.924
20064.754.654.554.554.554.554.554.554.804.804.805.054.684
20075.055.305.305.305.555.555.555.805.805.805.805.805.554
20085.555.555.555.555.555.555.055.055.055.054.553.055.094
20093.003.002.502.002.002.002.002.002.002.002.002.002.214
20102.802.802.802.802.802.802.802.802.802.802.802.802.805
20112.752.752.752.752.752.752.752.752.752.752.752.752.755
20122.753.103.103.103.103.102.752.752.752.552.252.252.805
20131.752.252.252.002.002.001.501.501.501.501.501.501.775
20141.501.501.501.501.501.501.501.501.501.401.401.401.486
20151.401.401.401.401.401.401.401.401.401.401.401.401.407
20161.401.401.401.301.301.301.301.301.300.900.900.901.238
20170.900.751.051.050.811.051.051.051.051.051.051.000.999
20181.161.161.161.161.16        10
  1. 1960 to October 1984 gross interest rate for a building society share account as recommended by the Council of the Buiding Societies Association. Recorded in Building Societies Association Yearbook available from the publications section of their website www.bsa.org.uk. In the 1960s and 1970s building society rate changes were a big deal and were reported in the news, probably more for their impact on mortgage payments than savings rates.
  2. November 1984 to end 1986: the large building societies were no longer constrained by the Building Societies Association and rates published were 'predominant' rates collected by the association. Rates for last half of 1986 come from monthly rates published by the association but no longer shown in the Yearbook.
  3. 1987 to 2002 quarterly average gross rate for a building society share account as collected by the Buiding Societies Association.
  4. 2003 to 2009: rates for a Nationwide e-savings account.
  5. 2010 to June 2014: rate for instant-access internet ISA-account which allows ISA-transfers-in, from Nationwide and called e-ISA/Online ISA/Web ISA/Instant ISA Saver.
  6. July 2014 to April 2015: GE Saver cash ISA from GE Capital Direct, internet-only, allows transfers-in.
  7. May 2015 to March 2016: Nationwide Instant ISA saver.
  8. April 2016: First Direct Cash ISA, allows ISA transfers-in, need to open a First Direct bank account.
    First Direct was one of the last providers to cut rates after base rate cut in August 2016.
  9. February 2017: Nationwide Instant ISA saver. March 2017: Coventry Building Society Easy Access ISA[5]/[6] allows ISA-transfers-in.
    May 2017: Virgin Money Defined Access e-ISA issue 12, June: issue 13. August 2017: Leeds Building Society Limited Issue Online Access ISA. December 2017: Tesco Bank, NS&I.
  10. January 2018: Virgin Money Easy Access e-ISA and cash-ISA, Tesco Bank and others.

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