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Net free equity | Below 100,000 GBP | Above 100,000 GBP | Above 1,000,000 GBP | Above 10,000,000 GBP |
---|---|---|---|---|
GBP | +0.18% p.a | +1.68% p.a | +2.18% p.a | Bespoke Rates - contact your relationship manager |
EUR | No interest. | +0.23% p.a. | +0.73% p.a. | Bespoke Rates - contact your relationship manager |
USD | +1.09% p.a. | +2.59% p.a. | +3.09% p.a. | Bespoke Rates - contact your relationship manager |
The above interest rates are indicative and GBP equivalents as the effective rate is decided by the daily market rate for the specific currency. Rates are calculated and accrued daily and paid on the first working day of the month. Full terms and condition for interest on deposits can be found here (27.12.2022)
At Saxo, you earn interest based on your net free equity. Generally speaking, your net free equity is the same as the cash in your account, but if you use sub-accounts or trade derivatives, your calculated net free equity can be different. That means the calculation of your earned interest can differ too.
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