Changes to
Interest Rates
Bank of England bank rate
On 18 December 2025, the Bank of England announced a decrease in the Bank of England bank rate from 4.00% to 3.75%.
Danske Bank Reference Rate (UK)
On 18 December 2025, Danske Bank announced a decrease to the Danske Bank Reference Rate (UK) from 4.00% to 3.75%.
These changes will apply to accounts where the interest reference rate is either the Bank of England bank rate or Danske Bank Reference Rate (UK) from 19 December 2025.
Danske Bank Standard Variable Rate (UK) and Danske Bank Re:pay Rate (UK)
On 18 December 2025, Danske Bank announced a decrease to the following interest reference rates;
| Danske Bank Standard Variable Rate (UK) | from 6.30% to 6.15% |
| Danske Bank Re:pay Rate (UK) | from 5.49% to 5.34% |
| Danske Bank Re:pay Rate (UK) - original loan amount of £50,000 - £99,999 | from 5.49% to 5.34% |
| Danske Bank Re:pay Rate (UK) - original loan amount of £100,000 - £149,999 | from 5.24% to 5.09% |
| Danske Bank Re:pay Rate (UK) - original loan amount of £150,000 and over | from 4.94% to 4.79% |
These changes will apply to accounts where the interest reference rate is either the Danske Bank Standard Variable Rate (UK), or Danske Bank Re:pay Rate (UK), from 5 January 2025.
For more information on how these interest rate changes may affect your accounts go to Important information for personal customers if you are a personal customer or Important information for Business customers if you are a business customer.
