What are the Sharesave bonus rates?

Scheme Ref Date

3 Year Scheme

Bonus (Equiv Interest Rate)

5 Year Scheme

Bonus (Equiv Interest Rate)

7 Year Scheme

Bonus (Equiv Interest Rate)

Tax-free Interest on Early Closure

Simple or Compound Interest
Scheme D

Dec 1990-Sept 1992

15
8.86%
30
9.15%
5.00% Compound
Scheme E Oct 1992-Mar 1993 12.5
7.50%
25
7.83%
5.00% Compound
Scheme F Apr 1993-Jun 1995 9
5.53%
18
5.87%
3.00% Compound
Scheme July 1995 Jul 1995-Mar 1996 9
5.53%
18
5.87%
3.00% Compound
Scheme April 1996 Apr 1996- Sept 1998 3
5.26%
9
5.53%
18
5.87%
3.00% Simple
Scheme October 1998 Oct 1998- Sept 2001 2.75%
4.83%
7.5
4.65%
13.5
4.52%
3.00% Simple
Scheme October 2001 Oct 2001- Aug 2002 2
3.67%
6.2
3.99%
11.9
4.07%
2.00% Simple
Scheme Sept 2002 Sept 2002- 26 Apr 2003 1.8
3.18%
5.7
3.57%
11
3.69%
2.00% Simple
Scheme Sept 2002 (revised 27 Jan 2003) 27 Apr 2003- present 1.0
1.74%
3.7%
2.34%
7.6
2.64%
2.00% Simple
Scheme September 2003 1 Sept 2003- 23 Jan 2004 0.9
1.61%
3.4
2.17%
7.1
2.48%
1.00% Simple
Scheme Sept 2003 (revised 24 Jan 2004) 24 Jan 2004- 31 Aug 2004 1.7
3.02%
5.4
3.40%
10.4
3.55%
1.00% Simple
Scheme Sept 2004  1 Sept 2004 - 31 Aug 2005 1.9
3.37%
6.1
3.82%
11.5
3.90%
2.00% Simple
Scheme Sept 2005 1 Sept 2005 - 31 Aug 2006 1.4
2.49%
4.4
2.79%
8.4
2.91%
1.50% Simple
Scheme Sept 2006 1 Sept 2006 - 31 Aug 2007 1.8
3.19%
5.5
3.46%
10.3
3.52%
2% Simple
Scheme Sept 2007 1 Sept 2007 - 3 April 2008 2.4
4.23%
7.2
4.48%
13.3
4.46%
3%

Simple

 

Scheme Sept 2007 (revised 4 April 2008) 4 April 2008 - 31 Aug 2008 1.6
2.84%
5.1
3.22%
9.8
3.36%
2% Simple
Scheme Sept 2008 1 Sept 2008 2.4
4.23%
7.0
4.36%
12.7
4.28%
3% Simple

 


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