stats for savers
Savings Account Interest Rates - Data Sources
| Year | Source | Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 12 | 0.45 | 0.45 | 0.45 | 0.80 | 0.80 | |||||||||
| 2021 | 12 | 0.35 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | |
| 2020 | 12 | 0.64 | 1.35 | 1.30 | 1.30 | 1.00 | 1.00 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | |
| 2019 | 11 | 1.39 | 1.38 | 1.38 | 1.44 | 1.44 | 1.39 | 1.45 | 1.40 | 1.40 | 1.40 | 1.30 | 1.30 | 1.35 | |
| 2018 | 10 | 1.18 | 1.16 | 1.16 | 1.16 | 1.16 | 1.16 | 1.16 | 1.00 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | |
| 2017 | 9 | 0.99 | 0.90 | 0.75 | 1.05 | 1.05 | 0.81 | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 | 1.00 | |
| 2016 | 8 | 1.23 | 1.40 | 1.40 | 1.40 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 0.90 | 0.90 | 0.90 | |
| 2015 | 7 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | |
| 2014 | 6 | 1.48 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.40 | 1.40 | 1.40 | |
| 2013 | 5 | 1.77 | 1.75 | 2.25 | 2.25 | 2.00 | 2.00 | 2.00 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | |
| 2012 | 5 | 2.80 | 2.75 | 3.10 | 3.10 | 3.10 | 3.10 | 3.10 | 2.75 | 2.75 | 2.75 | 2.55 | 2.25 | 2.25 | |
| 2011 | 5 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | |
| 2010 | 5 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | |
| 2009 | 4 | 2.21 | 3.00 | 3.00 | 2.50 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | |
| 2008 | 4 | 5.09 | 5.55 | 5.55 | 5.55 | 5.55 | 5.55 | 5.55 | 5.05 | 5.05 | 5.05 | 5.05 | 4.55 | 3.05 | |
| 2007 | 4 | 5.55 | 5.05 | 5.30 | 5.30 | 5.30 | 5.55 | 5.55 | 5.55 | 5.80 | 5.80 | 5.80 | 5.80 | 5.80 | |
| 2006 | 4 | 4.68 | 4.75 | 4.65 | 4.55 | 4.55 | 4.55 | 4.55 | 4.55 | 4.55 | 4.80 | 4.80 | 4.80 | 5.05 | |
| 2005 | 4 | 4.92 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.75 | 4.75 | 4.75 | 4.75 | |
| 2004 | 4 | 4.56 | 4.00 | 4.00 | 4.25 | 4.25 | 4.25 | 4.50 | 4.75 | 4.75 | 5.00 | 5.00 | 5.00 | 5.00 | |
| 2003 | 4 | 3.73 | 4.00 | 4.00 | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 | 3.50 | 3.50 | 3.50 | 3.50 | 4.00 | |
| 2002 | 3 | 3.68 | 3.73 | 3.73 | 3.73 | 3.74 | 3.74 | 3.74 | 3.66 | 3.66 | 3.66 | 3.58 | 3.58 | 3.58 | |
| 2001 | 3 | 4.64 | 5.28 | 5.28 | 5.28 | 4.84 | 4.84 | 4.84 | 4.61 | 4.61 | 4.61 | 3.81 | 3.81 | 3.81 | |
| 2000 | 3 | 5.47 | 5.39 | 5.39 | 5.39 | 5.46 | 5.46 | 5.46 | 5.53 | 5.53 | 5.53 | 5.48 | 5.48 | 5.48 | |
| 1999 | 3 | 4.71 | 4.91 | 4.91 | 4.91 | 4.86 | 4.86 | 4.86 | 4.08 | 4.08 | 4.08 | 4.98 | 4.98 | 4.98 | |
| 1998 | 3 | 6.33 | 6.23 | 6.23 | 6.23 | 6.45 | 6.45 | 6.45 | 6.61 | 6.61 | 6.61 | 6.04 | 6.04 | 6.04 | |
| 1997 | 3 | 5.45 | 4.65 | 4.65 | 4.65 | 5.22 | 5.22 | 5.22 | 5.87 | 5.87 | 5.87 | 6.05 | 6.05 | 6.05 | |
| 1996 | 3 | 4.54 | 4.75 | 4.75 | 4.75 | 4.54 | 4.54 | 4.54 | 4.37 | 4.37 | 4.37 | 4.49 | 4.49 | 4.49 | |
| 1995 | 3 | 5.60 | 5.79 | 5.79 | 5.79 | 5.77 | 5.77 | 5.77 | 5.61 | 5.61 | 5.61 | 5.24 | 5.24 | 5.24 | |
| 1994 | 3 | 5.36 | 5.29 | 5.29 | 5.29 | 5.25 | 5.25 | 5.25 | 5.31 | 5.31 | 5.31 | 5.60 | 5.60 | 5.60 | |
| 1993 | 3 | 5.66 | 5.76 | 5.76 | 5.76 | 5.80 | 5.80 | 5.80 | 5.77 | 5.77 | 5.77 | 5.32 | 5.32 | 5.32 | |
| 1992 | 3 | 8.19 | 9.23 | 9.23 | 9.23 | 8.84 | 8.84 | 8.84 | 8.41 | 8.41 | 8.41 | 6.29 | 6.29 | 6.29 | |
| 1991 | 3 | 10.57 | 12.22 | 12.22 | 12.22 | 10.61 | 10.61 | 10.61 | 9.77 | 9.77 | 9.77 | 9.69 | 9.69 | 9.69 | |
| 1990 | 3 | 13.56 | 13.62 | 13.62 | 13.62 | 13.82 | 13.82 | 13.82 | 13.88 | 13.88 | 13.88 | 12.90 | 12.90 | 12.90 | |
| 1989 | 3 | 11.96 | 11.78 | 11.78 | 11.78 | 11.60 | 11.60 | 11.60 | 11.73 | 11.73 | 11.73 | 12.73 | 12.73 | 12.73 | |
| 1988 | 3 | 9.31 | 8.66 | 8.66 | 8.66 | 7.97 | 7.97 | 7.97 | 9.67 | 9.67 | 9.67 | 10.92 | 10.92 | 10.92 | |
| 1987 | 3 | 9.83 | 11.02 | 11.02 | 11.02 | 9.79 | 9.79 | 9.79 | 9.87 | 9.87 | 9.87 | 8.65 | 8.65 | 8.65 | |
| 1986 | 2 | 8.65 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 9.77 | 9.77 | 9.77 | 9.77 | 10.89 | 10.89 | 10.89 | |
| 1985 | 2 | 7.57 | 7.30 | 7.30 | 8.25 | 8.25 | 8.25 | 8.25 | 8.25 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | |
| 1984 | 2 | 7.00 | 7.25 | 7.25 | 6.25 | 6.25 | 6.25 | 6.25 | 7.75 | 7.75 | 7.75 | 7.75 | 6.75 | 6.75 | |
| 1983 | 1 | 6.75 | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | |
| 1982 | 1 | 8.54 | 9.75 | 9.75 | 9.75 | 8.75 | 8.75 | 8.75 | 8.75 | 8.75 | 7.75 | 7.75 | 7.75 | 6.25 | |
| 1981 | 1 | 8.90 | 9.25 | 9.25 | 9.25 | 8.50 | 8.50 | 8.50 | 8.50 | 8.50 | 8.50 | 8.50 | 9.75 | 9.75 | |
| 1980 | 1 | 10.50 | 10.50 | 10.50 | 10.50 | 10.50 | 10.50 | 10.50 | 10.50 | 10.50 | 10.50 | 10.50 | 10.50 | 10.50 | |
- January 2020: Yorkshire BS Limited Access Saver ISA. Apr 2020: Tesco Bank, Skipton BS follows BOE base rate to 0.1% on 19.03.2020.
May 2020: AA Easy Access. Jun 2020 onwards: Nationwide Triple Access ISA. July 2021: Nationwide Triple Access Online Saver (not ISA).
BOE base rate to 0.25% on 16.12.2021. BOE base rate to 0.5% on 03.02.2022. BOE base rate to 0.75% on 17.03.2022.
Apr 2022: Nationwide 1 Year Triple Access Online Saver and Online ISA. BOE base rate to 1.0% on 05.05.2022.
- January 2019: Tesco Bank. May 2019: Sainsbury Bank Cash ISA. Dec 2019: Yorkshire BS Limited Access Saver ISA.
- January 2018: Virgin Money Easy Access e-ISA and cash-ISA, Tesco Bank and others. July 2018: Virgin Money Easy Access, NS&I Direct ISA.
August 2018:Tesco Bank instant access, follows Bank-of-England base rate rise from 0.5% to 0.75%.
- 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.
- 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. - May 2015 to March 2016: Nationwide Instant ISA saver.
- July 2014 to April 2015: GE Saver cash ISA from GE Capital Direct, internet-only, allows transfers-in.
- 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.
- 2003 to 2009: rates for a Nationwide e-savings account.
- 1987 to 2002 quarterly average gross rate for a building society share account as collected by the Buiding Societies Association.
- 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.
- 1980 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.
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