UK savings and loan interest rates
What UK households and businesses actually earn on deposits and pay on loans — the effective interest rates on outstanding balances and on new business, and quoted two-year fixed mortgage rates (Bank of England) — with the stock of household deposits and cash ISAs by type of provider and the savings rates on offer for instant access accounts, fixed-rate bonds and cash ISAs (BSA).
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Effective interest rates on deposits and loans (Bank of England)3 | ||||||||||||||||||||||||||||||||||||||
| Households8 | ||||||||||||||||||||||||||||||||||||||
| Households: new deposits, effective rate | 3.97 | 3.97 | 3.92 | 3.93 | 3.93 | 3.95 | 3.91 | 3.92 | 3.91 | 3.89 | 3.9 | 3.9 | 3.89 | 3.89 | 3.87 | 3.87 | 3.85 | 3.87 | 3.82 | 3.8 | 3.81 | 3.79 | 3.75 | 3.73 | 3.7 | 3.66 | 3.62 | 3.58 | 3.51 | 3.49 | 3.42 | 3.37 | 3.28 | 3.22 | 3.16 | 3.07 | ||
| Households: sight deposits, outstanding | 1.65 | 1.65 | 1.65 | 1.65 | 1.68 | 1.72 | 1.76 | 1.75 | 1.75 | 1.77 | 1.81 | 1.84 | 1.89 | 1.91 | 1.96 | 1.99 | 2.01 | 2.09 | 2.11 | 2.17 | 2.21 | 2.11 | 2.12 | 2.14 | 2.14 | 2.11 | 2.14 | 2.12 | 2.12 | 2.11 | 2.07 | 2.03 | 2.03 | 1.99 | 1.96 | 1.83 | ||
| Households: time deposits, outstanding | 3.39 | 3.36 | 3.31 | 3.29 | 3.28 | 3.31 | 3.34 | 3.35 | 3.36 | 3.37 | 3.42 | 3.49 | 3.53 | 3.57 | 3.61 | 3.61 | 3.62 | 3.66 | 3.69 | 3.74 | 3.8 | 3.86 | 3.93 | 3.97 | 3.97 | 3.96 | 3.92 | 3.88 | 3.84 | 3.81 | 3.76 | 3.71 | 3.62 | 3.51 | 3.37 | 3.18 | ||
| Households: time deposits, new business | 4.21 | 4.3 | 4.26 | 4.07 | 3.76 | 3.67 | 3.77 | 3.76 | 3.81 | 3.84 | 3.82 | 3.79 | 3.84 | 4.02 | 3.92 | 4.02 | 3.95 | 3.93 | 3.91 | 3.96 | 4.02 | 4.16 | 4.31 | 4.37 | 4.42 | 4.44 | 4.43 | 4.4 | 4.37 | 4.46 | 4.53 | 4.79 | 5.07 | 5.27 | 5.21 | 5.12 | ||
| Households: secured loans, outstanding | 3.97 | 3.96 | 3.92 | 3.92 | 3.93 | 3.95 | 3.9 | 3.92 | 3.9 | 3.89 | 3.89 | 3.89 | 3.88 | 3.88 | 3.87 | 3.86 | 3.84 | 3.87 | 3.81 | 3.79 | 3.8 | 3.78 | 3.74 | 3.72 | 3.69 | 3.65 | 3.61 | 3.57 | 3.5 | 3.48 | 3.41 | 3.36 | 3.27 | 3.2 | 3.14 | 3.06 | ||
| Households: secured loans, new business | 4.45 | 4.35 | 4.22 | 4.08 | 4.03 | 4.1 | 4.09 | 4.15 | 4.2 | 4.17 | 4.19 | 4.26 | 4.28 | 4.34 | 4.47 | 4.49 | 4.5 | 4.53 | 4.51 | 4.47 | 4.5 | 4.61 | 4.76 | 4.84 | 4.81 | 4.82 | 4.79 | 4.74 | 4.73 | 4.9 | 5.19 | 5.28 | 5.34 | 5.25 | 5.01 | 4.82 | ||
| Households: other loans, outstanding | 9.07 | 9.03 | 8.99 | 8.98 | 9 | 9.07 | 8.97 | 8.61 | 8.63 | 8.58 | 8.62 | 8.59 | 8.58 | 8.61 | 8.59 | 8.58 | 8.53 | 8.59 | 8.5 | 8.48 | 8.5 | 8.35 | 8.42 | 8.35 | 8.3 | 8.27 | 8.18 | 8.18 | 8.07 | 8.05 | 7.96 | 7.88 | 7.93 | 7.85 | 7.82 | 7.72 | ||
| Households: other loans, new business | 9.86 | 9.67 | 9.66 | 9.53 | 9.09 | 9.06 | 9.03 | 8.78 | 8.68 | 8.39 | 8.34 | 8.32 | 8.28 | 8.42 | 8.72 | 8.69 | 8.4 | 8.91 | 8.79 | 8.85 | 8.96 | 8.85 | 8.69 | 9.27 | 9.14 | 8.93 | 8.93 | 9.01 | 8.39 | 8.76 | 9.02 | 9.17 | 9.05 | 8.71 | 8.73 | 9.07 | ||
| Businesses5 | ||||||||||||||||||||||||||||||||||||||
| Businesses: sight deposits, outstanding | 1.97 | 1.97 | 1.92 | 1.94 | 1.92 | 1.94 | 1.97 | 2.03 | 2.05 | 2.06 | 2.07 | 2.12 | 2.25 | 2.25 | 2.29 | 2.39 | 2.37 | 2.46 | 2.57 | 2.58 | 2.59 | 2.68 | 2.67 | 2.7 | 2.77 | 2.72 | 2.72 | 2.7 | 2.69 | 2.72 | 2.69 | 2.62 | 2.57 | 2.56 | 2.6 | 2.49 | ||
| Businesses: time deposits, outstanding | 3.37 | 3.35 | 3.32 | 3.29 | 3.27 | 3.3 | 3.34 | 3.4 | 3.47 | 3.49 | 3.53 | 3.6 | 3.7 | 3.73 | 3.81 | 3.92 | 3.98 | 4.02 | 4.15 | 4.19 | 4.28 | 4.36 | 4.43 | 4.47 | 4.58 | 4.6 | 4.62 | 4.63 | 4.63 | 4.65 | 4.65 | 4.65 | 4.66 | 4.64 | 4.59 | 4.48 | ||
| Businesses: time deposits, new business | 3.47 | 3.47 | 3.43 | 3.44 | 3.37 | 3.28 | 3.37 | 3.39 | 3.47 | 3.46 | 3.49 | 3.54 | 3.7 | 3.74 | 3.77 | 3.9 | 3.95 | 3.9 | 4.09 | 4.21 | 4.22 | 4.3 | 4.36 | 4.23 | 4.57 | 4.6 | 4.6 | 4.6 | 4.64 | 4.66 | 4.65 | 4.72 | 4.69 | 4.73 | 4.78 | 4.75 | ||
| Businesses: loans, outstanding | 5.82 | 5.79 | 5.76 | 5.78 | 5.8 | 5.77 | 5.8 | 5.86 | 5.91 | 5.93 | 5.97 | 5.98 | 6.14 | 6.17 | 6.18 | 6.32 | 6.34 | 6.38 | 6.51 | 6.58 | 6.61 | 6.75 | 6.77 | 6.77 | 6.88 | 6.92 | 6.88 | 6.87 | 6.88 | 6.85 | 6.84 | 6.82 | 6.8 | 6.78 | 6.81 | 6.71 | ||
| Businesses: loans, new business | 5.62 | 5.42 | 5.35 | 5.52 | 5.52 | 5.66 | 5.71 | 5.64 | 5.64 | 5.77 | 5.54 | 5.68 | 5.8 | 5.94 | 5.6 | 6.39 | 6.21 | 6.2 | 6.47 | 6.29 | 6.56 | 6.68 | 6.59 | 6.75 | 6.9 | 6.85 | 7.18 | 6.97 | 6.95 | 6.97 | 7.01 | 6.78 | 7 | 6.88 | 6.63 | 6.97 | ||
| Quoted mortgage rates2 | ||||||||||||||||||||||||||||||||||||||
| 2-year fixed mortgage, 75% loan to value | 4.92 | 4.79 | 4.8 | 4.91 | 5.14 | 4.45 | 3.97 | 3.93 | 3.97 | 4.06 | 4.2 | 4.19 | 4.1 | 4.21 | 4.28 | 4.18 | 4.42 | 4.54 | 4.65 | 4.63 | 4.6 | 4.53 | 4.4 | 4.58 | 4.8 | 4.99 | 5.16 | 5.19 | 4.98 | 4.96 | 4.76 | 4.71 | 5.03 | 5.28 | 5.6 | 5.91 | 6.18 | |
| 2-year fixed mortgage, 90% loan to value | 5.52 | 5.48 | 5.54 | 5.63 | 5.8 | 5.23 | 4.82 | 4.8 | 4.83 | 4.91 | 5 | 5.03 | 5 | 5.05 | 5.1 | 5.1 | 5.29 | 5.44 | 5.64 | 5.69 | 5.7 | 5.69 | 5.61 | 5.76 | 5.9 | 5.97 | 6.07 | 6.04 | 5.87 | 5.83 | 5.73 | 5.87 | 6.18 | 6.38 | 6.6 | 6.75 | 6.93 | |
| Household deposits, cash ISAs and savings rates (Building Societies Association)3 | ||||||||||||||||||||||||||||||||||||||
| Balances outstanding7 | ||||||||||||||||||||||||||||||||||||||
| All household deposits | 2,214,957 | 2,214,196 | 2,213,418 | 2,203,797 | 2,197,118 | 2,194,390 | 2,184,444 | 2,189,924 | 2,185,564 | 2,170,061 | 2,152,648 | 2,145,893 | 2,136,273 | 2,136,509 | 2,132,415 | 2,123,379 | 2,114,750 | 2,107,029 | 2,099,103 | 2,099,488 | 2,095,921 | 2,083,086 | 2,059,728 | 2,050,924 | 2,037,230 | 2,041,911 | 2,030,260 | 2,019,945 | 2,017,966 | 1,995,806 | 1,986,129 | 1,995,521 | 1,980,275 | 1,973,868 | 1,971,492 | 1,953,987 | ||
| Held at banks and building societies | 1,961,735 | 1,961,589 | 1,961,278 | 1,952,185 | 1,945,349 | 1,942,985 | 1,934,136 | 1,940,114 | 1,937,821 | 1,924,787 | 1,908,714 | 1,901,340 | 1,893,126 | 1,893,891 | 1,890,707 | 1,882,447 | 1,874,605 | 1,867,011 | 1,859,444 | 1,859,910 | 1,857,586 | 1,846,896 | 1,825,693 | 1,817,008 | 1,804,873 | 1,810,604 | 1,799,666 | 1,789,635 | 1,787,424 | 1,765,182 | 1,755,566 | 1,764,183 | 1,749,524 | 1,743,520 | 1,743,377 | 1,733,292 | ||
| Non-interest-bearing deposits | 304,984 | 303,091 | 304,673 | 301,687 | 301,466 | 305,230 | 301,348 | 299,202 | 303,908 | 300,648 | 299,864 | 299,536 | 295,714 | 296,143 | 298,697 | 297,168 | 302,077 | 301,657 | 298,853 | 298,944 | 303,992 | 297,222 | 294,723 | 294,593 | 290,621 | 296,656 | 294,298 | 292,951 | 300,568 | 292,852 | 288,223 | 297,193 | 295,656 | 296,697 | 304,237 | 301,524 | ||
| Interest-bearing sight deposits | 906,193 | 910,210 | 914,448 | 915,493 | 930,585 | 929,351 | 926,674 | 934,320 | 930,020 | 923,321 | 911,392 | 905,627 | 900,998 | 901,223 | 899,437 | 897,151 | 905,936 | 909,556 | 906,465 | 905,766 | 900,010 | 894,294 | 878,372 | 873,391 | 867,351 | 869,430 | 865,691 | 862,014 | 869,835 | 863,521 | 861,605 | 864,788 | 856,986 | 856,523 | 856,906 | 857,659 | ||
| Interest-bearing time deposits | 260,013 | 260,507 | 257,825 | 257,959 | 257,037 | 259,382 | 259,077 | 261,628 | 261,233 | 263,552 | 262,721 | 263,863 | 266,373 | 269,118 | 267,979 | 269,381 | 267,926 | 266,649 | 267,512 | 270,277 | 269,792 | 273,668 | 273,449 | 272,995 | 273,904 | 274,514 | 272,596 | 272,758 | 271,163 | 269,087 | 268,418 | 267,290 | 264,374 | 261,150 | 257,061 | 252,574 | ||
| Cash ISAs | 490,543 | 487,781 | 484,333 | 477,046 | 456,260 | 449,022 | 447,036 | 444,964 | 442,661 | 437,266 | 434,737 | 432,314 | 430,040 | 427,407 | 424,594 | 418,747 | 398,666 | 389,149 | 386,613 | 384,924 | 383,792 | 381,712 | 379,150 | 376,028 | 372,997 | 370,003 | 367,081 | 361,912 | 345,859 | 339,723 | 337,320 | 334,912 | 332,508 | 329,150 | 325,174 | 321,536 | ||
| National Savings and Investments | 253,222 | 252,607 | 252,140 | 251,612 | 251,769 | 251,405 | 250,308 | 249,810 | 247,743 | 245,274 | 243,934 | 244,553 | 243,147 | 242,618 | 241,708 | 240,932 | 240,145 | 240,018 | 239,659 | 239,578 | 238,335 | 236,190 | 234,035 | 233,916 | 232,357 | 231,307 | 230,594 | 230,310 | 230,542 | 230,624 | 230,563 | 231,338 | 230,751 | 230,348 | 228,115 | 220,695 | ||
| Cash ISA balances outstanding3 | ||||||||||||||||||||||||||||||||||||||
| All cash ISAs | 496,488.26 | 493,692.79 | 490,203 | 482,827.68 | 461,789.76 | 454,464.04 | 452,453.97 | 450,356.86 | 448,025.95 | 442,565.56 | 440,005.91 | 437,553.54 | 435,251.98 | 432,587.07 | 429,739.98 | 423,822.11 | 403,497.74 | 393,914.45 | 391,360.78 | 389,660.02 | 388,520.13 | 386,425.64 | 383,845.8 | 380,702.05 | 377,649.94 | 374,635.08 | 371,692.73 | 366,487.73 | 350,322.91 | 344,187.02 | 341,784.06 | 339,376.1 | 336,972.14 | 333,614.2 | 329,638.27 | 326,000.33 | ||
| Cash ISAs at building societies | 490,543 | 487,781 | 484,333 | 477,046 | 456,260 | 449,022 | 447,036 | 444,964 | 442,661 | 437,266 | 434,737 | 432,314 | 430,040 | 427,407 | 424,594 | 418,747 | 398,666 | 389,149 | 386,613 | 384,924 | 383,792 | 381,712 | 379,150 | 376,028 | 372,997 | 370,003 | 367,081 | 361,912 | 345,859 | 339,723 | 337,320 | 334,912 | 332,508 | 329,150 | 325,174 | 321,536 | ||
| Cash ISAs at National Savings | 5,945.26 | 5,911.79 | 5,870 | 5,781.68 | 5,529.76 | 5,442.04 | 5,417.97 | 5,392.86 | 5,364.95 | 5,299.56 | 5,268.91 | 5,239.54 | 5,211.98 | 5,180.07 | 5,145.98 | 5,075.11 | 4,831.74 | 4,765.45 | 4,747.78 | 4,736.02 | 4,728.13 | 4,713.64 | 4,695.8 | 4,674.05 | 4,652.94 | 4,632.08 | 4,611.73 | 4,575.73 | 4,463.91 | 4,464.02 | 4,464.06 | 4,464.1 | 4,464.14 | 4,464.2 | 4,464.27 | 4,464.33 | ||
| Savings rates on offer7 | ||||||||||||||||||||||||||||||||||||||
| Instant access rate, including bonus | 2.11 | 2.14 | 2.13 | 2.12 | 2.13 | 2.12 | 2.15 | 2.2 | 2.2 | 2.23 | 2.26 | 2.27 | 2.34 | 2.37 | 2.41 | 2.46 | 2.45 | 2.57 | 2.62 | 2.59 | 2.67 | 2.65 | 2.66 | 2.73 | 2.79 | 2.78 | 2.76 | 2.77 | 2.8 | 2.81 | 2.82 | 2.81 | 2.8 | 2.77 | 2.74 | 2.56 | ||
| Instant access rate, excluding bonus | 1.95 | 2 | 1.99 | 1.99 | 1.99 | 1.98 | 2.02 | 2.09 | 2.09 | 2.11 | 2.14 | 2.19 | 2.24 | 2.28 | 2.33 | 2.36 | 2.36 | 2.47 | 2.51 | 2.5 | 2.61 | 2.59 | 2.6 | 2.66 | 2.7 | 2.7 | 2.7 | 2.71 | 2.74 | 2.75 | 2.74 | 2.73 | 2.72 | 2.7 | 2.68 | 2.49 | ||
| Fixed-rate bond, 1 year | 3.98 | 4.12 | 4 | 3.78 | 3.51 | 3.61 | 3.67 | 3.71 | 3.77 | 3.79 | 3.79 | 3.8 | 3.86 | 3.95 | 3.98 | 4.06 | 4.05 | 4.07 | 4.04 | 4.04 | 4.02 | 4.14 | 4.3 | 4.51 | 4.47 | 4.46 | 4.48 | 4.5 | 4.47 | 4.48 | 4.62 | 4.91 | 5.21 | 5.45 | 5.41 | 5.36 | ||
| Fixed-rate bond, 2 years | 4.05 | 4.08 | 4.11 | 3.83 | 3.5 | 3.55 | 3.65 | 3.72 | 3.75 | 3.77 | 3.76 | 3.76 | 3.78 | 3.82 | 3.81 | 3.93 | 3.97 | 3.94 | 3.85 | 3.8 | 3.65 | 3.83 | 4.01 | 4.21 | 4.23 | 4.23 | 4.22 | 4.16 | 4.1 | 4.11 | 4.28 | 4.65 | 5.09 | 5.39 | 5.5 | 5.42 | ||
| Variable-rate cash ISA, including bonus | 1.97 | 1.94 | 1.95 | 2 | 1.99 | 1.9 | 1.93 | 1.77 | 1.68 | 1.89 | 2.04 | 1.87 | 1.75 | 1.69 | 1.93 | 1.93 | 1.83 | 2.04 | 1.85 | 1.84 | 2.11 | 2.58 | 2.52 | 2.9 | 2.8 | 2.86 | 2.92 | 2.78 | 2.68 | 2.93 | 2.37 | 2.74 | 2.95 | 3.37 | 3.15 | 2.65 | ||
| Variable-rate cash ISA, excluding bonus | 1.96 | 1.92 | 1.93 | 1.99 | 1.97 | 1.86 | 1.9 | 1.75 | 1.67 | 1.86 | 2.03 | 1.86 | 1.74 | 1.68 | 1.91 | 1.91 | 1.81 | 2.03 | 1.84 | 1.83 | 2.1 | 2.56 | 2.5 | 2.88 | 2.78 | 2.84 | 2.91 | 2.75 | 2.66 | 2.91 | 2.35 | 2.71 | 2.93 | 3.35 | 3.13 | 2.64 | ||
| Fixed-rate cash ISA, 1 year | 4.34 | 4.34 | 4.37 | 4.28 | 3.9 | 3.81 | 3.91 | 3.95 | 4.03 | 4.03 | 3.97 | 3.94 | 3.97 | 4.04 | 4.01 | 4.15 | 4.07 | 3.99 | 4 | 4.07 | 4.08 | 4.21 | 4.43 | 4.62 | 4.59 | 4.54 | 4.56 | 4.53 | 4.56 | 4.64 | 4.65 | 4.98 | 5.27 | 5.48 | 5.47 | 5.39 |
Latest reading
Households: secured loans, new business stood at 4.45% in Jul 2026. That is +0.1 pp from Jun 2026 and +0.2 pp from a year earlier. The series on this page is monthly and runs from Jan 2016 to Jul 2026. Source: Bank of England; Building Societies Association (from Bank of England data).
- Latest
- 4.45%
- Jul 2026
- vs previous period
- +0.1 pp
- Jun 2026
- vs a year earlier
- +0.2 pp
About this data
What UK households and businesses actually earn on deposits and pay on loans — the effective interest rates on outstanding balances and on new business, and quoted two-year fixed mortgage rates (Bank of England) — with the stock of household deposits and cash ISAs by type of provider and the savings rates on offer for instant access accounts, fixed-rate bonds and cash ISAs (BSA).
Frequently asked questions
- What do the UK savings and loan interest rate series measure?
- The table measures effective interest rates earned on bank deposits and paid on loans across the United Kingdom, alongside total deposit and cash ISA balances held by households and businesses.
- What is the difference between effective rates and quoted rates?
- Effective interest rates reflect the actual average interest paid or earned across all outstanding balances or new contracts, whereas quoted rates represent advertised rates on specific products such as two-year fixed mortgages.
- How frequently are UK savings and loan rates updated?
- The Bank of England and the Building Societies Association update these series monthly, providing historical figures since 1995.
- Which types of deposits are reported in the table?
- The data includes non-interest-bearing deposits, interest-bearing sight deposits, time deposits and cash ISAs held at banks, building societies and National Savings and Investments in £m.
