Message to our Savers: Rate increases – active from Tuesday 11th July and Tuesday 1st August

The below accounts will be changing from Tuesday 11th July as follows:

Account name Current rate Gross PA / AER%* Variable New rate Gross PA / AER%* Variable
Online Instant Access (Issue 1) 3.84% 4.20%
45 Days’ Notice (Issue 1) 3.80% 4.15%
Triple Access (3 or less withdrawals per annum) 3.75% 3.95%
**Triple Access (4 or more withdrawals per annum) 1.60% 1.60%
Cash ISA (Issue 2) 2.00% 2.25%
Instant Access (Issue 2) 2.00% 2.25%

All other product rates remain the same.

The below closed account will be changing from Tuesday 11th July as follows:

Account name Current rate Gross PA / AER%* Variable New rate Gross PA / AER%* Variable
18 Club 3.84% 4.20%

The below closed accounts will be changing from Tuesday 1st August as follows:

Account name Current rate Gross PA / AER%* Variable New rate Gross PA / AER%* Variable
90 Days’ Notice (Issue 1, 2 & 3) 3.84% 4.20%
Simply ISA 2.00% 2.25%
Instant Access 2.00% 2.25%
Escalator 2.00% 2.25%
30 Days’ Notice (Issue 1 & 2) 2.20% 2.45%
Bedfordshares, Hertfordshares, Premiershares 2.20% 2.45%
21 Club 2.20% 2.20%

*AER stands for annual equivalent rate and illustrates what the rate would be if interest was paid and compounded once a year. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. The rate of interest payable on variable rate accounts may be subject to change in the future.

**For both the Triple Access product (4 or more withdrawals per annum) remains the same 1.60% rate – the rate increase will occur to (3 or less withdrawals per annum).

For more details on our available accounts and information on how to apply, please visit our savings section, contact our savings team on 01582 765 411 or visit one of our branches.

Thank you for saving with Harpenden Building Society.

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