BANK INTEREST | Relevant Balance | Applicable Interest Rate |
---|---|---|
Onshore sterling (GBP) Interest will be payable monthly on onshore sterling Client Money balances and paid into your account by the end of the following calendar month. Interest will normally be credited gross to your portfolio. CAM retains a portion of interest on client money. |
£0 - £20,000 | Interest rate applied will not be less than 2.20% per year under Bank of England Base Rate. |
Above £20,000 | Interest rate applied will not be less than 0.70% per year under Bank of England Base Rate. | |
Other currencies (non-GBP) and offshore accounts | Total Balance | 0% |
What is the latest Bank of England Base Rate?
The latest Base Rate is published on the Bank of England’s website here. The website also includes information on when the Base Rate is next due to be reviewed.
How do I see the actual interest you have applied on my balance?
If at any point you want to see the actual interest that has been applied on your balance, please check your latest valuation statement.