Previous rates and fees
Below you can find the previous interest rates on all our savings 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 9 October 2025
cahoot Simple Saver (Issue 12) opened from 25 September 2025 to 9 October 2025 (no longer on sale)
| Account name/term | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|
| cahoot Simple Saver (Issue 12)/12 months | £1-£500,000 | 4.20% AER/gross (variable) for 12 months from account opening | 4.20% AER/4.12% gross (variable) for 12 months from account opening |
| £500,000+ | No interest paid | No interest paid |
Previous rate effective until 24 September 2025
cahoot Simple Saver (Issue 11) opened from 20 August 2025 to 24 September 2025 (no longer on sale)
| Account name/term | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|
| cahoot Simple Saver (Issue 11)/12 months | £1-£500,000 | 4.40% AER/gross (variable) for 12 months from account opening | 4.40% AER/4.31% gross(variable) for 12 months from account opening |
| £500,000+ | No interest paid | No interest paid |
Previous rate effective until 20 August 2025
cahoot Simple Saver (Issue 10) opened from 23 May to 20 August 2025 (no longer on sale)
| Account name/term | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|
| cahoot Simple Saver (Issue 10)/12 months | £1-£500,000 | 4.55% AER/gross (variable) for 12 months from account opening | 4.55% AER/4.46% gross(variable) for 12 months from account opening |
| £500,000+ | No interest paid | No interest paid |
Previous rate effective until 22 May 2025
cahoot Simple Saver (Issue 9) opened from 28 April 2025 to 22 May 2025 (no longer on sale)
| Account name/term | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|
| cahoot Simple Saver (Issue 9)/12 months | £1-£500,000 | 4.41% AER/gross (variable) for 12 months from account opening | 4.41% AER/4.32% gross (variable) for 12 months from account opening |
| £500,000+ | No interest paid | No interest paid |
Previous rate effective until 27 April 2025
cahoot Simple Saver (Issue 8) opened from 3 January to 27 April 2025 (no longer on sale)
| Account name/term | Tier | If interest is paid annually | If interest is paid monthly |
|---|---|---|---|
| cahoot Simple Saver (Issue 8)/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 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 |