Changes to
Interest Rates
Bank of England bank rate
On 7 August 2025, the Bank of England announced a decrease in the Bank of England bank rate from 4.25% to 4.00%.
Danske Bank Reference Rate (UK)
On 7 August 2025, Danske Bank announced a decrease to the Danske Bank Reference Rate (UK) from 4.25% to 4.00%.
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 8 August 2025.
Danske Bank Standard Variable Rate (UK) and Danske Bank Re:pay Rate (UK)
On 7 August 2025, Danske Bank announced a decrease to the following interest reference rates;
| Danske Bank Standard Variable Rate (UK) | from 6.45% to 6.30% |
| Danske Bank Re:pay Rate (UK) | from 5.64% to 5.49% |
| Danske Bank Re:pay Rate (UK) - original loan amount of £50,000 - £99,999 | from 5.64% to 5.49% |
| Danske Bank Re:pay Rate (UK) - original loan amount of £100,000 - £149,999 | from 5.39% to 5.24% |
| Danske Bank Re:pay Rate (UK) - original loan amount of £150,000 and over | from 5.09% to 4.94% |
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 1 September 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.
