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Previous rates and fees
Below you can find the previous interest rates on all our accounts and when they were available.
Annual or monthly interest can be chosen at account opening. Once chosen it cannot be altered at a later date.
AER and EAR explained
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.
EAR stands for Effective Annual Rate and represents the yearly cost of an overdraft, which takes account of how often we charge interest to the account, and does not include any other fees or charges. Overdrafts depend on your circumstances and you must repay any overdraft when we ask in line with our general terms and conditions.
Gross rate explained
The gross rate is the interest rate that we pay where no income tax has been deducted.
Previous rate effective until 1 April 2025
cahoot Sunny Day Saver (Issue 4) opened from 3 March 2025 to 1 April 2025 (no longer on sale)
| Account name/term | Maturity Date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| cahoot Sunny Day Saver (Issue 4)/12 months | 1 year/ 12 months after account opened | £1-£3,000 | 4.50% AER/gross (variable) | 4.50% AER/4.41% gross (variable) |
| £3,000+ | No interest paid | No interest paid |
Previous rate effective until 2 March 2025
cahoot Sunny Day Saver (Issue 3) opened from 3 December 2024 to 2 March 2025 (no longer on sale)
| Account name/term | Maturity Date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| cahoot Sunny Day Saver (Issue 3)/12 months | 1 year/ 12 months after account opened | £1-£3,000 | 4.75% AER/gross (variable) | 4.75% AER/4.65% gross (variable) |
| £3,000+ | No interest paid | No interest paid |
Previous rate effective until 2 February 2025
cahoot Simple Saver (Issue 7) opened from 3 January 2025 to 2 February 2025 (no longer on sale)
| Account name/term | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|
| cahoot Simple Saver (Issue 7)/12 months | £1-£500,000 | 4.00% AER/gross (variable) for 12 months from account opening | 4.00% AER/3.93% gross (variable) for 12 months from account opening |
| £500,000+ | No interest paid | No interest paid |
Previous rate effective until 2 January 2025
cahoot Simple Saver (Issue 6) opened from 28 October 2024 to 2 January 2025 (no longer on sale)
| Account name/term | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|
| cahoot Simple Saver (Issue 6)/12 months | £1-£500,000 | 3.00% AER/gross (variable) for 12 months from account opening | 3.00% AER/2.96% gross (variable) for 12 months from account opening |
| £500,000+ | No interest paid | No interest paid |
Previous rate effective until 2 December 2024
cahoot Sunny Day Saver (Issue 2) opened from 3 September 2024 to 2 December 2024 (no longer on sale)
| Account name/term | Maturity date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| cahoot Sunny Day Saver (Issue 2)/12 months | 1 year/ 12 months after account opened | £1-£3,000 | 5.00% AER/gross (variable) | 5.00% AER/4.89% gross (variable) |
| £3,000+ | No interest paid | No interest paid |
From 31 March 2025 the following rate will be in effect for cahoot Sunny Day Saver (Issue 2) (no longer on sale)
| Account name/term | Maturity date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| cahoot Sunny Day Saver (Issue 2)/12 months | 1 year/ 12 months after account opened | £1-£3,000 | 4.75% AER/gross (variable) | 4.75% AER/4.65% gross (variable) |
| £3,000+ | No interest paid | No interest paid |
Previous rate effective until 27 October 2024
cahoot Simple Saver (Issue 5) opened from 2 October 2024 to 27 October 2024 (no longer on sale)
| Account name/term | Maturity date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| cahoot Simple Saver (Issue 5)/12 months | 1 year/ 12 months after account opened | £1-£500,000 | 4.57% AER/gross (variable) | 4.57% AER/4.48% gross (variable) |
| £500,000+ | No interest paid | No interest paid |
From 18 February 2025 the following rates will be in effect for cahoot Simple Saver (Issue 5) (no longer on sale)
| Account name/term | Maturity date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| cahoot Simple Saver (Issue 5)/12 months | 1 year/ 12 months after account opened | £1-£500,000 | 4.35% AER/gross (variable) | 4.35% AER/4.27% gross (variable) |
| £500,000+ | No interest paid | No interest paid |
Previous rate effective until 1 October 2024
cahoot Simple Saver (Issue 4) opened from 6 August 2024 to 1 October 2024 (no longer on sale)
| Account name/term | Maturity date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| cahoot Simple Saver (Issue 4)/12 months | 1 Year/ 12 months after account opened | £1-£500,000 | 4.85% AER/gross (variable) | 4.85% AER/4.75% gross (variable) |
| £500,000+ | 0.00% AER/gross (variable) | 0.00% AER/gross (variable) |
From 11 February 2025 the following rates will be in effect for cahoot Simple Saver (Issue 4) (no longer on sale)
| Account name/term | Maturity date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| cahoot Simple Saver (Issue 4)/12 months | 1 Year/ 12 months after account opened | £1-£500,000 | 4.35% AER/gross (variable) | 4.35% AER/ 4.27% gross (variable) |
| £500,000+ | No interest paid | No interest paid |
Previous rates effective until 2 September 2024
cahoot Sunny Day Saver (Issue 1) opened from 20 November 2023 to 2 September 2024 (no longer on sale)
| Account name | Maturity date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| Cahoot sunny day saver (Issue 1)/12 months | 1 year/ 12 months after account opened | £1-£3,000 | 5.20% AER/gross (variable) | 5.20% AER/ 5.08% gross (variable) |
| £3,000+ | No interest paid | No interest paid |
From 18 November 2024 the following rates will be in effect for cahoot Sunny Day Saver (Issue 1).
| Account name | Maturity date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| Cahoot sunny day saver (Issue 1)/12 months | 1 year/ 12 months after account opened | £1-£3,000 | 5.00% AER/gross (variable) | 5.00% AER/ 4.89% gross (variable) |
| £3,000+ | No interest paid | No interest paid |
From 31 March 2025 the following rate will be in effect for cahoot Sunny Day Saver (Issue 1) (no longer on sale)
| Account name | Maturity date | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|---|
| Cahoot sunny day saver (Issue 1)/12 months | 1 year/ 12 months after account opened | £1-£3,000 | 4.75% AER/gross (variable) | 4.75% AER/4.65% gross (variable) |
| £3,000+ | No interest paid | No interest paid |
Previous rates effective until 5 August 2024
cahoot Simple Saver (Issue 3) opened from 30 January 2024 to 5 August 2024 (no longer on sale)
Rates for interest paid annually (rates are variable)
| Account name | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|
| cahoot Simple Saver (Issue 3)/12 months | £1-£500,000 | 4.10% AER/gross (variable) | 4.10% AER/ 4.02% gross (variable) |
| £500,000+ | No interest paid | No interest paid |
Previous rates effective until 29 January 2024
cahoot Simple Saver (Issue 2) opened from 9 October 2023 to 29 January 2024 (no longer on sale)
Rates for interest paid annually (rates are variable)
| Account name | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|
| cahoot Simple Saver (Issue 2)/12 months | £1-£500,000 | 5.12% AER/gross (variable) | 5.12% AER/ 5.00% gross (variable) |
| £500,000+ | No interest paid | No interest paid |