Information for our existing savings customers.
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*This allowance is inclusive of any amount invested in a stocks and shares ISA, an innovative finance ISA or a lifetime ISA in the same tax year.
Tax-free is the contractual rate of interest payable where interest is exempt from income tax. The favourable tax treatment for Cash ISAs depends on your individual circumstances and may vary in the future.
AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Gross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs.
For more definitions, see our glossary.