Interest Rates

Please find a list of the latest interest rates below:

Account

Open/Closed

Gross %

Gross ARE %

Net %

4 Month Notice (Variable Rate) Deposit Account

Open to Existing Hampshire Trust Investors Only

3.30

3.34

2.64

6 Month Notice Deposit Account (Variable Rate)

Open to Existing Hampshire Trust Investors Only

3.35

3.39

2.68

12 Month Notice Deposit Account (Variable Rate)

Open to Existing Hampshire Trust Investors Only

3.65

2.92

Hallmark

Closed to New and Existing Investors

2.95

2.36

AER – Annual Equivalent Rate which illustrates what the interest rate would be if interest was paid and compounded annually.
Net – The rate of interest paid after the deduction of income tax at the lower rate of 20%.

Historic Interest Rates

We pride ourselves in offering competitive rates on our savings products. If you wish to see the historic rates paid on our Four, Six and Twelve Month Notice deposit accounts please click here.

Payment of Interest

Interest accrues daily and is credited to the various savings products as follows:

Product	Period
Four Month Notice	Quarterly (end March/June/Sept/Dec)
Six Month Notice	Quarterly (end March/June/Sept/Dec)
Twelve Month Notice	Annually (30 November)

Variation of Interest Rates

Interest on the Four, Six and Twelve Month Notice deposit accounts is variable on 7 days notice.

Deduction of Tax

Tax is normally deducted from interest credited to depositors. Interest on Fixed Rate Savings Bonds of £50,000 or more is paid without the deduction of tax. Interest can otherwise be paid without the deduction of tax upon receipt of a duly completed H M Revenue & Customs documentation. The appropriate forms are available on request. A tax deduction certificate is available at the end of each tax year on request.