Earn up to 3.91%* interest on your account 

Paid on uninvested cash with no lock-in period or cap. Your rate tracks the market on a daily basis.

* You will earn interest only above GBP 10,000 (or equivalent) at a rate which varies with your balance and the best rate is earned on balances above GBP 100k.

How much interest could I earn?

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Annual interest on

Account tier Annual interestInterest rate

Rates as of x.xx.xxxx The interest calculator is provided for illustrative purposes only and the information obtained by using the calculator is not, and should not be taken as financial advice to any individual or corporation. Results may vary depending on the accuracy of the information you provide and prevailing interest rates and/or assumptions.

* Assuming a GBP-denominated account depending on the amount of cash deposited and applying relevant spreads and markdowns to the Sterling Overnight Interbank Average Rate (SONIA) benchmark rate
  • Market rates, updated daily

    As rates are updated daily based on *SONIA, you don’t have to wait for adjustments when market rates change
  • Interest on different currencies

    Earn interest that follows the market rate regardless whether your account is in GBP,USD and/or other currencies.
  • Get higher rates with larger deposits

    With no cap on the amount you can earn, you'll earn  more interest the more you deposit - there are no upper limits.
  • No lock-in period

    Stay flexible – uninvested cash in your account can be used invest or withdraw with no lock-in periods.

How it works

You earn interest on the uninvested cash on your account in each currency.

  • You will not earn any interest on your account if your balance is below GBP 10,000.

  • You will earn interest on your account balance above GBP 10,000 (or equivalent) at a rate which varies with your balance, so the more you deposit, the higher rate you’ll earn.

  • You will earn the best rate on your account balance above GBP 100k (or equivalent) with no cap on how much you can deposit
You can refer to the calculator at the top of the page to estimate the effective interest rate depending on your balance(s) and currency(ies)

Please note that when you trade margin products, your interest is calculated based on your Net Free Equity (NFE) and Account Value which you can read more about here.

 

Read more about net free equity here.
You can find an overview of the interest you have earned in the platform, including applied interest rates.

Navigate to My Profile > Account Interest Download Report and select Account Interest Details
If you have a negative account balance, you will be charged negative interest based on the market rate, plus a mark-up. If you trade margin products, such interest is calculated based on your Negative Net Free Equity / Account Value. To read more about how rates for a negative account balance is calculated, click here.
The Sterling Overnight Index Average, abbreviated SONIA is the effective overnight interest rate paid by banks to borrow sterling overnight from other financial institutions. It is administered by the Bank of England.

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