Interest rates: e-ISA

Current interest rates

Effective 27 April 2008

Balance £	Tax-free Rate P.A. % (variable)	AER % (variable)
£10 and above	5.55%	5.55%
£10,000 - £19,999	5.65%	5.65%
£20,000 +	5.75%	5.75%

Previous interest rates

Effective 2 March 2008

Balance £	Tax-free Rate P.A. % (variable)	AER % (variable)
£10 and above	5.55%	5.55%

AER stands for Annual Equivalent Rate and shows you what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.