If you’re not sure about the interest rate on your current Cash ISA, don’t worry as we’ve outlined the different interest rates below depending on when you opened your account.
Kindly note that the bonus rate is not applicable for transfers from other providers, so you will only earn the underlying (base) rate. The bonus rate is applicable only for the money you deposit via our app.
Period that Cash ISA was opened | Total rate (Underlying rate plus bonus rate) - AER (variable) | Underlying Rate - AER (variable) | Bonus rate (if account is kept open for 12 months - AER (variable) | Reduced rate when balance drops below £100 or after your fourth withdrawal - AER (variable) |
From 14 Mar 2024 to 25 Nov 2024 | 4.68% | 3.79% | 0.88% | 2.50% |
From 26 Nov 2024 to 16 Dec 2024 | 5.18% | 3.79% | 1.39% | 2.50% |
From 17 Dec 2024 to 06 Jan 2025 | 4.93% | 3.79% | 1.14% | 2.50% |
From 07 Jan 2025 | 5.01% | 3.79% | 1.22% | 2.50% |
*For more details about how the Plum Cash ISA interest rate works, you can check our website page and the relevant article.