View our savings interest rates
Explore and compare our savings interest rates below and visit our savings account page for more information on how to make the most of your savings.
Adult Accounts
| Account Name | Interest Rate Details |
|---|---|
| Danske Cash ISA |
|
| Danske eSaver |
|
| Danske Instant Access |
|
|
Danske Prestige Savings Account
(exclusive for Danske Prestige current account holders) |
|
|
Danske Choice Plus Savings Account
(exclusive for Danske Choice Plus current account holders) |
|
| Danske Notice Account |
|
2.30% Tax-free / AER (Variable)
Danske Fixed Term Deposit
Available to Personal and Business customers
The table below shows the Gross / AER (fixed) rates depending on the balance amount.
| Term | Balances £5,000 – £249,999 | Balances £250,000 and over |
|---|---|---|
| 1 month | 1.45% / 1.46% | 1.45% / 1.46% |
| 2 months | 1.45% / 1.46% | 1.45% / 1.46% |
| 3 months | 2.75% / 2.78% | 2.75% / 2.78% |
| 4 months | 2.75% / 2.78% | 2.75% / 2.78% |
| 6 months | 3.15% / 3.17% | 3.15% / 3.17% |
| 9 months | 3.35% / 3.37% | 3.35% / 3.37% |
| 1 year | 3.50% / 3.50% | 3.75% / 3.75% |
| 2 years | 3.50% / 3.44% | 3.50% / 3.44% |
| 3 years | 3.35% / 3.24% | 3.35% / 3.24% |
| 4 years | 3.25% / 3.10% | 3.25% / 3.10% |
| 5 years | 3.15% / 2.96% | 3.15% / 2.96% |
The table above shows the Gross / AER (fixed) rates depending on the balance amount.
If your existing Term is not shown in the table above, please refer to your agreement document for further information. If you have any queries, you can contact your relationship manager or branch.
Kids and Teen Accounts
| Account Name | Interest Rate Details |
|---|---|
| Junior Savings |
|
| Danske Discovery Savings |
|
| Danske Junior Cash ISA |
|
How to check which savings account(s) you have on the Mobile Bank app or eBanking
If you have renamed your savings account(s), you can easily check which accounts they are in the Mobile Bank app or eBanking.
Mobile Bank App:
- Log on to Mobile Bank to view your account overview
- Tap the savings account you want to check
- Tap the three dots in the top right corner of your screen to open your account settings.
Your account details are shown at the top of the screen with the name you have given your account (if renamed) and the product name of your savings account below.
You can also check the interest rate against your savings account on the same screen. Simply scroll down to 'Interest Rates' and tap to reveal.
eBanking:
- Log on to eBanking
- On the eBanking homepage, select the savings account you want to check from the 'Accounts' area.
- Within the Savings account overview, select 'Terms and settings' under the account name.
- Scroll to 'Account type' to find the product name and below this, you'll also find the interest rate on your account detailed.
Further Information
Find out more about the interest rates of Personal savings accounts that are no longer on sale.
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.
Danske Notice Account - We'll advise of any reductions to the credit interest rate 109 calendar days' before the change takes place (this provides you with 14 days' notice, plus the required 95 days needed for completion of a withdrawal, if you wish to move your funds). We'll send you a reminder 14 days before the change takes effect. Where we hold an email address for you, we'll send this notice using email, otherwise we'll send a letter.
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 daily on all savings accounts and paid annually at the end of October, except for Danske Fixed Term Deposit where it is paid on the maturity date.
Definitions
- 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.
- Tax-free means that interest is paid free from income tax. This position may change in the future.
