SmartSave

Historical interest rates

Unlike other banks, we save our very best rates for existing SmartSave customers.

Current interest rates

All of our products are fixed term and have a £10,000 minimum deposit and a £85,000 maximum deposit.

Fixed Rate Saver accounts

Account Date issued AER%* Gross%** Eligibility
1 Year Fixed Rate Saver 25/10/2021 1.34% 1.34% Existing SmartSave customers***
2 Year Fixed Rate Saver 24/11/2021 1.61% 1.61% New customers
2 Year Fixed Rate Saver 24/11/2021 1.61% 1.61% Existing SmartSave customers***
3 Year Fixed Rate Saver 24/11/2021 1.83% 1.83% New customers
3 Year Fixed Rate Saver 24/11/2021 1.83% 1.83% Existing SmartSave customers***
5 Year Fixed Rate Saver 27/10/2021 2.01% 2.01% Existing SmartSave customers***

* AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
** Gross is the rate of interest that's payable on this account and represents the amount of tax-free interest you'll earn in a year.
*** This rate is currently available to customers who reinvest some or all of their savings balance once they’re able to choose an end of term option before their maturity date.

Historical interest rates

1 Year Fixed Rate Saver

Date issued AER%* Gross%** Eligibility
08/11/2021 1.34% 1.34% New customers
25/10/2021 1.34% 1.34% New customers
18/10/2021 1.31% 1.31% New customers
18/10/2021 1.31% 1.31% Existing SmartSave customers***
27/08/2021 1.34% 1.34% Existing SmartSave customers***
27/08/2021 1.34% 1.34% New customers
25/08/2021 1.41% 1.41% New customers
25/08/2021 1.41% 1.41% Existing SmartSave customers***
25/08/2021 1.39% 1.39% New customers
25/08/2021 1.39% 1.39% Existing SmartSave customers***
23/08/2021 1.36% 1.36% New customers
23/08/2021 1.36% 1.36% Existing SmartSave customers***
19/08/2021 1.23% 1.23% Existing SmartSave customers***
21/06/2021 1.01% 1.01% New customers
21/06/2021 1.01% 1.01% Existing SmartSave customers***
09/06/2021 1.00% 1.00% Existing SmartSave customers***
03/06/2021 0.85% 0.85% Existing SmartSave customers***
25/05/2021 0.86% 0.86% Existing SmartSave customers***
25/05/2021 0.86% 0.86% New customers
20/05/2021 0.75% 0.75% Existing SmartSave customers***
26/04/2021 0.55% 0.55% Existing SmartSave customers***
11/03/2021 0.45% 0.45% Existing SmartSave customers***
08/03/2021 0.50% 0.50% Existing SmartSave customers***
26/02/2021 0.58% 0.58% Existing SmartSave customers***
22/02/2021 0.62% 0.62% Existing SmartSave customers***
29/01/2021 0.70% 0.70% New customers
29/01/2021 0.70% 0.70% Existing SmartSave customers***
27/01/2021 0.67% 0.67% New customers
27/01/2021 0.67% 0.67% Existing SmartSave customers***
07/01/2021 0.55% 0.55% Existing SmartSave customers***
10/12/2020 0.65% 0.65% Existing SmartSave customers***
02/12/2020 0.75% 0.75% Existing SmartSave customers***
28/09/2020 1.20% 1.20% Existing SmartSave customers***
28/09/2020 1.20% 1.20% New customers
23/09/2020 1.29% 1.29% New customers
23/09/2020 1.29% 1.29% Existing SmartSave customers***
15/09/2020 1.20% 1.20% New customers
15/09/2020 1.20% 1.20% Existing SmartSave customers***
21/08/2020 1.10% 1.10% Existing SmartSave customers***
13/08/2020 0.90% 0.90% Existing SmartSave customers***
23/07/2020 0.80% 0.80% Existing SmartSave customers***
22/06/2020 0.97% 0.97% Existing SmartSave customers***
05/06/2020 1.21% 1.21% Existing SmartSave customers***
05/06/2020 1.01% 1.01% New customers
03/06/2020 1.09% 1.09% New customers
03/06/2020 1.25% 1.25% Existing SmartSave customers***
29/05/2020 1.19% 1.19% New customers
21/05/2020 1.43% 1.43% Existing SmartSave customers***
20/05/2020 1.25% 1.25% New customers
14/05/2020 1.35% 1.35% New customers
14/05/2020 1.53% 1.53% Existing SmartSave customers***
27/03/2020 1.40% 1.40% New customers
20/03/2020 1.52% 1.52% New customers
19/03/2020 1.60% 1.60% Existing SmartSave customers***
11/03/2020 1.56% 1.56% New customers
12/02/2020 1.65% 1.65% Existing SmartSave customers***
12/02/2020 1.45% 1.45% New customers
10/02/2020 1.45% 1.45% New customers
30/01/2020 1.50% 1.50% New customers
24/01/2020 1.55% 1.55% New customers
22/01/2020 1.63% 1.63% New customers
10/01/2020 1.66% 1.66% New customers
09/01/2020 1.62% 1.62% New customers
20/12/2019 1.49% 1.49% New customers
12/12/2019 1.56% 1.56% New customers
06/12/2019 1.65% 1.65% New customers
20/09/2019 1.71% 1.71% New customers
16/09/2019 1.80% 1.80% New customers
05/09/2019 1.85% 1.85% New customers
04/09/2019 1.87% 1.87% New customers
30/08/2019 1.92% 1.92% New customers
08/07/2019 1.95% 1.95% New customers
24/06/2019 2.01% 2.01% New customers
14/06/2019 1.95% 1.95% New customers
29/05/2019 2.03% 2.03% New customers
16/01/2019 2.0% 2.0% New customers

* AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
** Gross is the rate of interest that's payable on this account and represents the amount of tax-free interest you'll earn in a year.
*** This rate was previously available to customers who reinvested some or all of their savings balance.

2 Year Fixed Rate Saver

Date issued AER%* Gross%** Eligibility
08/11/2021 1.60% 1.60% New customers
08/11/2021 1.60% 1.60% Existing SmartSave customers***
25/10/2021 1.58% 1.58% Existing SmartSave customers***
25/10/2021 1.58% 1.58% New customers
18/10/2021 1.57% 1.57% New customers
18/10/2021 1.57% 1.57% Existing SmartSave customers***
23/08/2021 1.56% 1.56% New customers
23/08/2021 1.56% 1.56% Existing SmartSave customers***
19/08/2021 1.46% 1.46% New customers
19/08/2021 1.46% 1.46% Existing SmartSave customers***
09/06/2021 1.05% 1.05% Existing SmartSave customers***
03/06/2021 1.00% 1.00% Existing SmartSave customers***
24/05/2021 0.97% 0.97% Existing SmartSave customers***
24/05/2021 0.97% 0.97% New customers
20/05/2021 0.90% 0.90% Existing SmartSave customers***
20/05/2021 0.90% 0.90% New customers
26/04/2021 0.75% 0.75% Existing SmartSave customers***
11/03/2021 0.61% 0.61% Existing SmartSave customers***
08/03/2021 0.69% 0.69% Existing SmartSave customers***
22/02/2021 0.75% 0.75% Existing SmartSave customers***
29/01/2021 0.85% 0.85% Existing SmartSave customers***
29/01/2021 0.85% 0.85% New customers
25/01/2021 0.82% 0.82% Existing SmartSave customers***
25/01/2021 0.82% 0.82% New customers
07/01/2021 0.80% 0.80% Existing SmartSave customers***
10/12/2020 0.91% 0.91% Existing SmartSave customers***
02/12/2020 0.96% 0.96% New customers
02/12/2020 1.00% 1.00% Existing SmartSave customers***
28/09/2020 1.32% 1.32% New customers
28/09/2020 1.32% 1.32% Existing SmartSave customers***
23/09/2020 1.37% 1.37% Existing SmartSave customers***
23/09/2020 1.37% 1.37% New customers
15/09/2020 1.29% 1.29% New customers
15/09/2020 1.29% 1.29% Existing SmartSave customers***
21/08/2020 1.20% 1.20% Existing SmartSave customers***
23/07/2020 1.05% 1.05% Existing SmartSave customers***
22/06/2020 1.11% 1.11% Existing SmartSave customers***
05/06/2020 1.31% 1.31% Existing SmartSave customers***
05/06/2020 1.11% 1.11% New customers
03/06/2020 1.19% 1.19% New customers
03/06/2020 1.45% 1.45% Existing SmartSave customers***
21/05/2020 1.35% 1.35% New customers
20/05/2020 1.40% 1.40% New customers
14/05/2020 1.50% 1.50% New customers
14/05/2020 1.66% 1.66% Existing SmartSave customers***

* AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
** Gross is the rate of interest that's payable on this account and represents the amount of tax-free interest you'll earn in a year.
*** This rate was previously available to customers who reinvested some or all of their savings balance.

3 Year Fixed Rate Saver

Date issued AER%* Gross%** Eligibility
27/10/2021 1.82% 1.82% Existing SmartSave customers***
27/10/2021 1.82% 1.82% New customers
18/10/2021 1.75% 1.75% Existing SmartSave customers***
23/08/2021 1.66% 1.66% New customers
23/08/2021 1.66% 1.66% Existing SmartSave customers***
20/08/2021 1.56% 1.56% New customers
20/08/2021 1.56% 1.56% Existing SmartSave customers***
19/08/2021 1.54% 1.54% New customers
19/08/2021 1.54% 1.54% Existing SmartSave customers***
09/06/2021 1.21% 1.21% Existing SmartSave customers***
03/06/2021 1.11% 1.11% Existing SmartSave customers***
24/05/2021 1.00% 1.00% Existing SmartSave customers***
20/05/2021 0.95% 0.95% Existing SmartSave customers***
26/04/2021 0.90% 0.90% Existing SmartSave customers***
11/03/2021 0.80% 0.80% Existing SmartSave customers***
08/03/2021 0.85% 0.85% Existing SmartSave customers***
22/02/2021 0.90% 0.90% Existing SmartSave customers***
29/01/2021 0.95% 0.95% Existing SmartSave customers***
29/01/2021 0.95% 0.95% New customers
25/01/2021 0.90% 0.90% Existing SmartSave customers***
25/01/2021 0.90% 0.90% New customers
10/12/2020 1.01% 1.01% Existing SmartSave customers***
02/12/2020 1.14% 1.14% New customers
02/12/2020 1.20% 1.20% Existing SmartSave customers***
28/09/2020 1.41% 1.41% New customers
28/09/2020 1.41% 1.41% Existing SmartSave customers***
23/09/2020 1.46% 1.46% Existing SmartSave customers***
23/09/2020 1.46% 1.46% New customers
15/09/2020 1.33% 1.33% New customers
15/09/2020 1.33% 1.33% Existing SmartSave customers***
21/08/2020 1.25% 1.25% Existing SmartSave customers***
13/08/2020 1.15% 1.15% Existing SmartSave customers***
23/07/2020 1.10% 1.10% Existing SmartSave customers***
22/06/2020 1.25% 1.25% Existing SmartSave customers***
05/06/2020 1.41% 1.41% Existing SmartSave customers***
05/06/2020 1.21% 1.21% New customers
03/06/2020 1.35% 1.35% New customers
03/06/2020 1.50% 1.50% Existing SmartSave customers***
21/05/2020 1.40% 1.40% New customers
21/05/2020 1.65% 1.65% Existing SmartSave customers***
20/05/2020 1.45% 1.45% New customers
14/05/2020 1.60% 1.60% New customers
14/05/2020 1.75% 1.75% Existing SmartSave customers***

* AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
** Gross is the rate of interest that's payable on this account and represents the amount of tax-free interest you'll earn in a year.
*** This rate was previously available to customers who reinvested some or all of their savings balance.

4 Year Fixed Rate Saver

Date issued AER%* Gross%** Eligibility
20/08/2021 1.61% 1.61% New customers
20/08/2021 1.61% 1.61% Existing SmartSave customers***
19/08/2021 1.57% 1.57% New customers
19/08/2021 1.57% 1.57% Existing SmartSave customers***
09/06/2021 1.30% 1.30% Existing SmartSave customers***
03/06/2021 1.15% 1.15% Existing SmartSave customers***
24/05/2021 1.05% 1.05% Existing SmartSave customers***
20/05/2021 1.00% 1.00% Existing SmartSave customers***
26/04/2021 0.91% 0.91% Existing SmartSave customers***
11/03/2021 0.85% 0.85% Existing SmartSave customers***
22/02/2021 0.95% 0.95% Existing SmartSave customers***
25/01/2021 1.00% 1.00% Existing SmartSave customers***
25/01/2021 1.00% 1.00% New customers
10/12/2020 1.10% 1.10% Existing SmartSave customers***

* AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
** Gross is the rate of interest that's payable on this account and represents the amount of tax-free interest you'll earn in a year.
*** This rate was previously available to customers who reinvested some or all of their savings balance.

5 Year Fixed Rate Saver

Date issued AER%* Gross%** Eligibility
27/10/2021 2.01% 2.01% New customers
18/10/2021 1.85% 1.85% Existing SmartSave customers***
19/08/2021 1.72% 1.72% New customers
19/08/2021 1.72% 1.72% Existing SmartSave customers***
09/06/2021 1.55% 1.55% Existing SmartSave customers***
03/06/2021 1.45% 1.45% Existing SmartSave customers***
20/05/2021 1.27% 1.27% Existing SmartSave customers***
26/04/2021 1.26% 1.26% Existing SmartSave customers***
11/03/2021 1.10% 1.10% Existing SmartSave customers***
22/02/2021 1.25% 1.25% Existing SmartSave customers***
29/01/2021 1.30% 1.30% Existing SmartSave customers***
29/01/2021 1.30% 1.30% New customers
10/12/2020 1.25% 1.25% Existing SmartSave customers***
10/12/2020 1.25% 1.25% New customers

* AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
** Gross is the rate of interest that's payable on this account and represents the amount of tax-free interest you'll earn in a year.
*** This rate was previously available to customers who reinvested some or all of their savings balance.

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All eligible deposits with us are protected up to £85,000 by the Financial Services Compensation Scheme. Learn more about the FSCS

SmartSave is a trading name of Chetwood Financial Limited, company number 09964966. Chetwood Financial Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under registration number 740551. Authorisation can be checked on the Financial Services Register at www.fca.org.uk. We’re also registered with the Information Commissioner's Office under registration ZA218401 and we’re a member of CIFAS, the UK's leading fraud prevention service. Chetwood Financial Limited is registered in England and Wales and our offices are at Ellice Way, Wrexham Technology Park, Wrexham, LL13 7YT.

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