Savings Account Interest Rates - 2009 onwards

Interest Rates on Savings Accounts since 1960

Year Annual Average
 
20151.40
20141.48
20131.75
20122.80
20112.75
20102.80
20092.21
20085.09
20075.55
20064.68
20054.92
20044.56
20033.73
20024.00
20014.31
20005.00
19995.17
19985.75
19975.17
19964.54
19955.60
19945.36
19935.66
19928.19
199110.57
199013.56
198911.96
19889.30
19879.83
19869.22
19857.57
19847.00
19836.75
19828.54
19818.90
198010.50
19798.31
19786.25
19777.00
19766.88
19757.21
19747.50
19736.58
19724.88
19715.00
19705.00
19694.88
19684.17
19674.25
19664.00
19653.88
19643.50
19633.56
19623.75
19613.56
19603.38

Prior to 1997 the rates shown are gross rates for a building society share account as collected by the Building Societies Association www.bsa.org.uk.
Since then they are average annual savings rates for instant-access accounts of selected retail banks, notably the Nationwide.
In the second-half of 2013 rates fell to 1.5% giving an average for 2013 of 1.75%.
After rates stayed at 1.5% through most of 2014, they fell again in late September to 1.4% giving an average for the year of 1.48%. The 1.4% is GE Capital Direct ISA Issue 4. Nationwide raised instant ISA saver rate to 1.4% in May 2015.
In April 2016 ISA rates fell again, the 1.3% is First Direct Cash ISA. First Direct stuck with 1.3% through to 17.10.2016 when rate reduced to 0.9%.

Only ISA savings accounts which allow Isa-transfer-in and easy-access are monitored.