Close Brothers Saving
Important updates
    Changes to the Bank of England Base Rate

    The Bank of England decreased Base Rate from 4.00% to 3.75% on Thursday 18 December 2025. Following this announcement, we will be reviewing how this impacts our current savings interest rates and this may mean we need to change your variable interest rate if this is applicable to your product. If we do, we will be in touch to let you know and provide you with your options.

    What does AER and Gross PA mean?

    AER stands for Annual Equivalent Rate and illustrates the interest you would earn from a savings account over the course of a year, and it takes any compounding of interest into account.

     

    Gross PA means Gross Per Annum, which shows the interest rate payable without tax deducted.

    Extended feedback