Savings interest rates
Rates correct as at 1 November 2019
|Danske Prestige Savings Account||0.55%|
|Danske Choice Plus Savings Account||0.50%|
|Savings Account Plus||0.45%|
|Danske Discovery Savings||1.50%|
|£500 - £1,999||0.10%|
|£2,000 - £24,999||0.10%|
|£25,000 - £99,999||0.10%|
|£100,000 - £249,999||0.10%|
|£250,000 and over||0.10%|
|Account||Annual Gross/AER (variable)
||Monthly Gross/AER (variable)
|Danske Midas (formerly known as Midas Gold)||0.50%||0.50%|
|£5,000 - £9,999||0.50%||0.50%|
|£10,000 - £24,999||0.50%||0.50%|
|£25,000 - £99,999||0.50%||0.50%|
|£100,000 - £249,999||0.50%||0.50%|
|£250,000 and over||0.50%||0.50%|
|Account||No withdrawal (Gross/AER variable)||One withdrawal made (Gross/AER variable)
|Danske Cash ISA - total balance*|
|£20,000 - £44,999||0.25%|
|£45,000 and over||0.75%|
*Note: one credit interest rate applies to the total balance of the account. That applicable rate depends on the total balance.
|Danske Junior Cash ISA||3.45%|
Balances under £250,000
Balances £250,000 and over
|Danske Fixed Term Deposit|
Please ask at any branch for any of our other fixed term deposit rates.
Find out more about the interest rates of Personal savings accounts that are no longer on sale. These include Danske Midas Notice Account and SaverPlus.
Terms and Conditions apply. Please see individual product pages for details. We set the credit interest rates.
We will give account holders two months' written notice of any reductions to the variable credit interest rate(s) applicable on your account. If we increase the credit interest rate on your account we will make the change immediately.Fixed rates are fixed for the deposit term.
Interest is calculated and added to the account at the end of the term.Interest is paid ‘gross’. This means that we do not deduct tax from the interest we pay. Depending on your personal circumstances, you may have to pay tax on your interest. AER stands for, annual equivalent rate, and illustrates what the interest rate would be if interest was paid and compounded (paid on the total balance including previous interest) once each year.
As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time. Tax-free means that the interest is currently exempt from UK income tax provided all ISA conditions are met. This is subject to change.