How does interest work for Savings Pots?

How your interest is calculated and paid depends on the type of Savings Pot you have.

Instant Access & Select Access Savings (including Cash ISAs)

When it starts earning: The same day you add money to your Pot.

When it's paid: We calculate your interest daily and pay it directly into your Pot on the first day of every month.

Closing your Pot: If you close the Pot, we will immediately pay any interest you have earned so far that month into your main account.

Easy Access Savings (including Cash ISAs)

When it starts earning: The working day after you add money to your Pot.

When it's paid: We calculate your interest daily and pay it directly into your Pot on the first day of every month.

Closing your Pot: If you close the Pot, we will pay any interest you have earned so far that month into your main account on the first day of the next month.


Checking your interest:

To see how much interest you have earned over time:

  • Head to the Grow Tab

  • Tap on Savings

  • Tap on your Savings Pot.

  • Scroll down to the Interest section.

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