Savings interest rates

Rates correct as at 20 March 2020
Account No withdrawal (Gross/AER variable) One withdrawal made (Gross/AER variable)
Danske eSaver 0.60%/0.60% 0.60%/0.55%

Interest rate with effect from 1 April 2020.

Account No withdrawal (Gross/AER variable) One withdrawal made (Gross/AER variable)
Danske eSaver 0.35%/0.35% 0.35%/0.32%
Account Gross/AER (variable)
Danske Prestige Savings Account 0.55%

The Danske Prestige Savings product rate will reduce to 0.30% gross / AER from 1 April 2020.
Account Gross/AER (variable)
Danske Choice Plus Savings Account 0.50%

The Danske Choice Plus Savings Account product rate will reduce to 0.25% gross / AER from 1 April 2020.
Account Gross/AER (variable)
Savings Account Plus 0.45%

The Danske Savings Account Plus product rate will reduce to 0.20% gross / AER from 1 April 2020.
Account Gross/AER (variable)
Junior Savings 1.50%

The Danske Junior Savings Account product rate will reduce to 1.25% gross / AER from 1 April 2020.
Account Gross/AER (variable)
Danske Discovery Savings 1.50%

The Danske Discovery Savings product rate will reduce to 1.25% gross / AER from 1 April 2020.
Account Gross/AER (variable)
Summit
Under £500 0.10%
£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%

The Danske Summit Savings product rate will reduce to 0.05% gross / AER from 1 April 2020.
Account Annual Gross/AER (variable)
 Monthly Gross/AER (variable)
Danske Midas (formerly known as Midas Gold) 0.50% 0.50%
Under £5,000 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%

The Danske Midas product rate will reduce to 0.25% gross / AER from 1 April 2020 across all tiers.
Account Tax-free/AER (variable)
Danske Cash ISA - total balance*
Under £20,000 0.25%
£20,000 - £44,999 0.25%
£45,000 and over 0.75%

Interest rate with effect from 1 April 2020.

Account Tax-free/AER (variable)
Danske Cash ISA - total balance*
Under £20,000 0.20%
£20,000 - £44,999 0.20%
£45,000 and over 0.50%

*Note: one credit interest rate applies to the total balance of the account. That applicable rate depends on the total balance.
Account Tax-free/AER (variable)
Danske Junior Cash ISA 3.45%

The Danske Junior Cash ISA product rate will reduce to 3.20% Tax-free / AER from 1 April 2020.
Account Gross/AER (fixed)
Balances under £250,000 		 Gross/AER (fixed)
Balances £250,000 and over
Danske Fixed Term Deposit
1 year 0.15% 0.25%
2 years 0.20% 0.35%

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.

With the exception of ISAs, we will give you two months' written notice of any reductions to the variable credit interest rates applicable on your account.

Where the balance in your Danske Cash ISA or Danske Junior Cash ISA is £100 or more, we will give you 14 calendar days' notice of any reduction in the credit interest rates paid on the ISA accounts.

If we increase the credit interest rate on your account we will make the change immediately.

Fixed rates are fixed for the deposit term.