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Losings Accounts

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The Losing Account List.

All the accounts listed below are losings accounts. That means that if you take inflation into account, put money in them and your savings will shrink.

The standard measure of inflation is roughly 2%, but tax needs to be paid on any interest, so to beat inflation a basic rate taxpayer needs to earn 2.5% interest and a higher rate taxpayer 3.33% interest.



The List of Losings Accounts

Rates do change, but accounts listed here are likely to stay losers

Account Provider

Account Name

Untaxed Interest rate % (AER)

% Rate after basic rate tax

% Rate after higher rate tax

Abbey

Postal Account (1)

2.75%

2.2%

1.65%

Abbey

Flexible Saver (3)

3.05 – 3.25%

2.44 – 2.6%

1.83 – 1.95%

Alliance & Leicester

EasySaver

2.6 - 3.15%

2.08-2.52%

1.56-1.89%

Alliance & Leicester

Instant Access

0 – 0.75%

0 – 0.6%

0 – 0.45%

Bank of Cyprus

Instant Access

1 – 2.5%

0.8 – 2%

0.6 – 1.5%

Bank of Cyprus

45 Day Notice (4)

2%

1.6%

1.2%

Bank of Ireland

Card Saver

2.5%

2%

1.5%

Bank of Scotland

Instant Access (1)

1.75%

1.4%

1.05%

Barclays

Easy Saver

2.96%

2.37%

1.78%

Barclays

Bonus Saver (B)

2.05 – 2.55%

1.64 – 2.04%

1.23 – 1.53%

Barnsley BS

Falcon Instant

0.75 – 1.15%

0.6 – 0.92%

0.45 – 0.69%

Barnsley BS

Millers / Reds / Spireite / Tigers / Wildcat

2.8%

2.24%

1.68%

Barnsley BS

Falcon 60

1.85 – 3.1%

1.48 – 2.48%

1.11 – 1.86%

Barnsley BS

Falcon 120 (5)

3%

2.4%

1.8%

Bath BS

Lifestyle (6)

0.65 – 3.1%

0.52 – 2.48%

0.39 – 1.86%

Birmingham Midshires

Postal Easy Access (5)

1.46 – 3.11%

1.17 – 2.49%

0.88 – 1.87%

Bradford & Bingley

First Choice (C)

0.85 – 1%

0.68 – 0.8%

0.51 – 0.6%

Britannia BS

Football Affinity Accounts (1)

2.05 – 2.25%

1.64 – 1.8%

1.23 – 1.35%

Britannia BS

Flexible Saver

1 – 1.85%

0.8 – 1.48%

0.6 – 1.11%

Britannia BS

Premium Saver (5)

2.7 – 3%

2.16 – 2.4%

1.62 -1.8%

Britannia BS

Members Bond (5)

3.05%

2.44%

1.83%

Buckinghamshire BS

Added Advantage (3)

0.5 – 2.45%

0.4 – 1.96%

0.3 – 1.47%

Buckinghamshire BS

Chiltern Gold (5)

2.95 – 3.15%

2.36 – 2.52%

1.77 – 1.89%

Cambridge BS

Instant Sapphire

1.3 – 2.31%

1.04 – 1.84%

0.78 – 1.39%

Cambridge BS

Hallmark (3)

2.82 – 3.02%

2.26 – 2.42%

1.69 – 1.81%

Chelsea BS

Instant Option

1.25 – 2%

1-1.6%

0.75 - 1.2%

Cheltenham & Gloucester

Branch 10 (7)

1.1%

0.88%

0.66%

Cheltenham & Gloucester

Direct Transfer (8)

3.1 – 3.25%

2.48 – 2.6%

1.86 – 1.95%

Cheltenham & Gloucester

Gold

1.1 – 1.25%

0.88– 1%

0.66 – 0.75%

Cheltenham & Gloucester

The London

1.3 – 2.95%

1.04 – 2.36%

0.78 – 1.77%

Chesham BS

Bonus Saver (A)

0.61 – 0.86%

0.49 – 0.69%

0.37 – 0.52%

Chesham BS

Shire Bond (5)

1.1 – 3.05%

0.88 – 2.44%

0.66 – 1.83%

Chesham BS

Flexi 30

0.7 – 2.78%

0.56 – 2.22%

0.42 – 1.67%

Cheshire BS

Affinity Accounts (2)

2.35 – 2.8%

1.88 – 2.24%

1.41 – 1.68%

Cheshire BS

Easy Saver (2)

2.35 – 3.15%

1.88 – 2.52%

1.41 – 1.89%

Cheshire BS

Premium Access

0.75 – 0.95%

0.6 – 0.76%

0.45 – 0.57%

Cheshire BS

Silkmen Saver (1)

2.85 – 2.95%

2.28 – 2.36%

1.71 – 1.77%

Chorley & District BS

Chorleian Share

1.35 – 2.25%

1.08 – 1.8%

0.81 – 1.35%

Chorley & District BS

Instant Rovers (5)

2.05 – 2.85%

1.64 – 2.28%

1.23 – 1.71%

Chorley & District BS

Lancastrian Share

1.65 – 3.15%

1.32 – 2.52%

0.99 – 1.89%

Chorley & District BS

St. Catherines Notice (5)

2 - 2.9%

1.6 – 2.32%

1.2 – 1.74%

Chorley & District BS

Fortress Share (2)

2.95 – 3.15%

2.36 – 2.52%

1.77 – 1.89%

Citibank

Instant Access

0.35 – 2.38%

0.28 – 1.9%

0.21 – 1.43%

Citibank

60 Day Direct (1)

2.02%

1.61%

1.21%

City of Derry BS

Extra Instant Access

1.5 – 3%

1.2 – 2.4%

0.9 – 1.8%

City of Derry BS

Access 30 (5)

2.25 – 2.75%

1.8 – 2.2%

1.35 – 1.65%

City of Derry BS

90 – Twenty (2)

3%

2.4%

1.8%

Clydesdale Bank

Savings

1 – 2.1%

0.8 – 1.68%

0.6 – 1.26%

Co-operative Bank

Cash Saver

0.65 – 1.53%

0.52 – 1.22%

0.39 – 0.92%

Coventry BS

BranchSave Passbook

1.15 – 1.3%

0.92 – 1.04%

0.69 – 0.78%

Coventry BS

BranchSave Statement

3.1%

2.48%

1.86%

Coventry BS

PostSave Passbook

3.15%

2.52%

1.89%

Cumberland BS

Cashcard

1.7 – 3.05%

1.36 – 2.44%

1.02 – 1.83%

Cumberland BS

Cashcard Flexible

1.25 – 3%

1 – 2.4%

0.75 – 1.8%

Cumberland BS

Affinity accounts (3)

1.8 – 2.75%

1.44 – 2.2%

1.08 – 1.65%

Cumberland BS

Instant Savings

1.7 – 3.05%

1.36 – 2.44%

1.02 – 1.83%

Cumberland BS

30 day notice (2)

2.8 – 3.1%

2.24 - 2.48%

1.68 – 1.86%

Darlington BS

Supporter accounts

0.5 – 1.6%

0.4 – 1.28%

0.3 – 0.96%

Darlington BS

Instant Access

0.1 – 3.05%

0.08 – 2.44%

0.06 – 1.83%

Darlington BS

Sentinel 90 (5)

1.55 – 3%

1.24 – 2.4%

0.93 – 1.8%

Derbyshire BS

Crown Instant / Triple Gold

1.15 – 2.3%

0.92 – 1.84%

0.69 – 1.38%

Derbyshire BS

Derby Rams / EMT and RCH (1)

3%

2.4%

1.8%

Derbyshire BS

Derbyshire Cash Account

0.5%

0.4%

0.3%

Derbyshire BS

Crown 90 (5)

2.2 – 2.95%

1.76 – 1.77%

1.32 – 2.36%

Derbyshire BS

Crown Monthly (3)

1.6 – 2.85%

1.28 – 2.28%

0.96 – 1.71%

Dudley BS

Extra Special

0.2 – 2.4%

0.16 – 1.92%

0.12 – 1.44%

Dudley BS

Save and Sponsor (5)

1.9 – 3.15%

1.52 – 2.52%

1.14 – 1.89%

Dudley BS

Special Savings (2)

2.2%

1.76%

1.32%

Dunfermline BS

Direct Now
Issue 2 (1)

1.6 - 3.15%

1.28 – 2.52%

0.96 – 1.89%

Dunfermline BS

Gold

1.1 – 3.05%

0.88 – 2.44%

0.66 – 1.83%

Dunfermline BS

Premium Shares (5)

1.75 – 2.8%

1.4 – 2.24%

1.05 – 1.68%

Earl Shilton BS

Double Top

0.75 – 2%

0.6 – 1.6%

0.45 – 1.2%

Earl Shilton BS

Capital 90 / Monthly Income (5)

1.7 – 2.7%

1.36 – 2.16%

1.02 – 1.62%

Earl Shilton BS

Select 120 (5)

1.95 – 2.95%

1.56 – 2.36%

1.17- 1.77%

Ecology BS

Eco Instant

1.5 – 2.8%

1.2 – 2.24%

0.9 – 1.68%

Ecology BS

Eco-60 (2)

2.55 – 3.05%

2.04 – 2.44%

1.53 – 1.83%

First Direct

Everyday Savings

0.1 – 1.5%

0.08 – 1.2%

0.06 – 0.9%

First Direct

Savings (3)

0.1 – 3%

0.08 – 2.4%

0.06 – 1.8%

First Trust

Select Savings

0.7 – 2.65%

0.56 – 2.12%

0.42 – 1.59%

Furness BS

Instant Access

1.35 – 2.85%

1.08 - 2.28%

0.81 - 1.71%

Furness BS

Capital (3)

1.9 – 3%

1.52 – 2.4%

1.14 – 1.8%

Furness BS

Notice 90 (1)

2.65 – 2.9%

2.12 – 2.32%

1.59 – 1.74%

HSBC

Instant Access

1 - 1.75%

0.8 – 1.4%

0.6 – 1.05%

HSBC

Flexible Saver

2.25 – 3%

1.8 – 2.4%

1.35 – 1.8%

HSBC

Morrisons (A)

1%

0.8%

0.6%

HSBC

Premier Savings (3)

3%

2.4%

1.8%

Halifax

Liquid Gold

0.65 – 0.7%

0.52 – 0.56%

0.39 – 0.2%

Halifax

60 Day Gold

2.5 – 3.1%

2 – 2.48%

1.5 – 1.86%

Halifax

Instant Saver

2.1 – 2.6%

1.68 – 2.08%

1.26 – 1.56%

Halifax

Saver Reward

1.95 – 2.55%

1.56 – 2.04%

1.17 – 1.53%

Halifax

Bonus Gold (C)

1.5 – 2.55%

1.2 – 2.04%

0.9 – 1.53%

Hanley Economic

Instant Access

1.45 – 1.7%

1.16 – 1.36%

0.87 – 1.02%

Hanley Economic

Notice 28

1.75 – 2.8%

1.4 – 2.24%

0.84 – 1.68%

Hanley Economic

Postal 30 (2)

3.1%

2.48%

1.86%

Hanley Economic

Growth Bond (2)

2.65%

2.12%

1.59%

Harpenden BS

Escalator Shares

1 – 2.65%

0.8 – 2.12%

0.6 – 1.59%

Hinckley & Rugby

Eagle Easy Access (5)

2.7%

2.16%

1.62%

Hinckley & Rugby

High Rise

0.75 – 2.75%

0.6 – 2.2%

0.45 – 1.65%

Hinckley & Rugby

High Reward 6 (5)

2.7%

2.16%

1.62%

Holmesdale BS

Easy Access (5)

2.06 – 3.12%

1.65 – 2.5%

1.27 – 1.87%

Holmesdale BS

Special Shares (2)

2.67%

2.14%

1.63%

Holmesdale BS

Benefit Shares (2)

2.77%

2.22%

1.66%

Holmesdale BS

Monthly Income Shares (5)

2.62 – 3.14%

2.1 – 2.51%

1.57 - 1.88%

Ipswich BS

Premier 30 (8)

1.85 – 3%

1.48 – 2.4%

1.11 – 1.8%

Ipswich BS

Premier Monthly

2.4 – 3.1%

1.92 – 2.48%

1.44 – 1.86%

Ipswich BS

Premier Instant

1.25 – 2.52%

1 – 2.02%

0.8 – 1.51%

Julian Hodge Bank

Savings (3)

2 – 3%

1.6 – 2.4%

1.2 – 1.8%

Julian Hodge Bank

Eight Day Notice (2)

2.5 – 3%

2 - 2.4%

1.5 – 1.8%

Julian Hodge Bank

Extra High Interest (1)

3%

2.4%

1.8%

Kent Reliance BS

Easy Access

1 – 2.8%

0.8 – 2.24%

0.6 – 1.68%

Kent Reliance BS

Sportsaver

1.1%

0.88%

0.66%

Kent Reliance BS

90 Day Notice (5)

1.75 – 2.75%

1.4 – 2.2%

1.05 – 1.65%

Laiki Bank

Instant Access

0.9%

0.72%

0.54%

Lambeth BS

Easi-Save

0.86 – 2.11%

0.69 – 1.69%

0.52 – 1.27%

Lambeth BS

Postal 30 (2)

1.86 – 2.31%

1.29 – 1.84%

1.16 – 1.39%

Lambeth BS

Premium 30

1.11 – 2.36%

0.89 – 1.89%

0.67 – 1.42%

Lambeth BS

Olympos 60 (5)

1.36 – 3.11%

1.09 – 2.49%

0.82 – 1.87%

Lambeth BS

Millenium 90 (4)

2.76%

2.21 %

1.66%

Leeds BS

Leeds United / Donny Rovers / White Rose
Saver (2)

1.3 – 3.05%

1.04 – 2.44%

0.78 – 1.83%

Leeds BS

Premium Access (5)

3.15%

2.52%

1.89%

Leeds BS

Capital 7

1.35 – 3%

1.08 – 2.4%

0.81 – 1.8%

Leek United BS

Pyramid Share

0.6 – 2%

0.48 – 1.6%

0.36 – 1.2%

Leek United BS

Pyramid 90 (2)

2.75%

2.2%

1.65%

Lloyds TSB

Exclusive Saver Gold (2)

2.75 – 3%

2.2 – 2.4%

1.65 – 1.8%

Lloyds TSB

Exclusive Saver Platinum (4)

3%

2.4%

1.8%

Lloyds TSB

Exclusive Saver Select (5)

2.5 – 3%

2 – 2.4%

1.5 – 1.8%

Loughborough BS

Instant Access

0.35 – 1.7%

0.28 – 1.36%

0.21 – 1.02%

Loughborough BS

Leicestershire C.C.C

3%

2.4%

1.8%

Loughborough BS

60 Day (8)

1.95 – 3.2%

1.56 – 2.56%

1.17 – 1.92%

Manchester BS

Premier Instant

1 – 2.95%

0.8 – 2.36%

0.6 – 1.77%

Mansfield BS

Prime Access

0.25 – 2.5%

0.2 – 2%

0.15 – 1.5%

Mansfield BS

High Yield Option 90 (5)

2.2 – 2.95%

1.76 – 2.36%

1.32 – 1.77%

Mansfield BS

Monthly Income (5)

2.53 – 3.04%

2.02 – 2.43%

1.52 – 1.82%

Market Harborough BS

Instant Treasury

1.05 - 2.55%

0.84 – 2.04%

0.63 – 1.53%

Market Harborough BS

Simply Direct (1)

2.95%

2.36%

1.77%

Market Harborough BS

30 Day Notice (3)

1.6 – 3.1%

1.28 – 2.48%

0.96 – 1.86%

Market Harborough BS

60 Day Notice (5)

2.95%

2.36%

1.77%

Marsden BS

Rainbow Instant Access

0.25 – 3%

0.2 – 2.4%

0.15 – 1.8%

Marsden BS

Rainbow 40 (5)

2.75 – 3.25%

2.2 – 2.6%

1.65 – 1.95%

Melton Mowbray BS

Instant Access (2)

1.82 – 2.92%

1.46 – 2.34%

1.09 – 1.75%

Mercantile BS

Moneymaker Plus

0.6 – 2%

0.48 – 1.6%

0.36 – 1.2%

Mercantile BS

Premier 60 II (8)

2.35 – 3.05%

1.88 – 2.44%

1.41 – 1.83%

Mercantile BS

Bonus 90 (D)

1.4 – 2.55%

1.12 – 2.04%

0.84 – 1.53%

Mercantile BS

High Yield Bond (5)

2.45 – 2.95%

1.96 – 2.36%

1.47 -2.77%

Monmouthshire BS

Escalator Instant

1 – 2.4%

0.8 – 1.92%

0.8 – 1.44%

Monmouthshire BS

Escalator Bonus (8) (C)

1.6 – 2.85%

1.28 – 2.28%

0.96 – 1.71%

Monmouthshire BS

Escalator Bonus 90 (2) (C)

2.35 – 3.1%

1.8 – 2.48%

1.41 – 1.86%

National Savings & Investments

Easy Access Savings (9)

1.75%

1.4%

1.05%

National Savings & Investments

Investment (5)

2.9 – 3.25%

2.32 – 2.6%

1.74 – 1.95%

Nationwide BS

Cashbuilder

1.2 – 2.1%

0.96 – 1.68%

0.72 – 1.26%

Nationwide BS

Bonus 60 (E)

2.6 – 3.1%

2.08 – 2.48%

1.56 – 1.86%

Nationwide BS

CapitalBuilder

2.7 – 2.9%

2.16 – 2.32%

1.62 – 1.74%

Natwest

First Reserve

1.3 – 1.45%

1.04 – 1.16%

0.78 – 0.87%

Natwest

Reward Reserve (B)

0.1 – 3%

0.08 – 2.4%

0.06 – 1.8%

Newbury BS

Instant Premium

2.9%

2.32%

1.74%

Newcastle BS

Nova Plus Issue 3

0.85 – 2.1%

0.68 – 1.68%

0.51 – 1.26%

Newcastle BS

Key / Nottm Forest / Save & Care accounts (3)

1.35 – 2.9%

1.08 – 2.32%

0.81 – 1.74%

Newcastle BS

Nova Star 10 (2)

1.4 – 1.75%

1.12 – 1.4%

0.84 – 1.05%

Northern Bank

Summit Savings

1.35 – 2.95%

1.08 – 2.36%

0.81 – 1.77%

Northern Rock

Instant Access (E)

0.25 – 2.15%

0.2 – 1.72%

0.15 – 1.29%

Norwich + Peterborough BS

Affinity Accounts (8)

1.8 – 3.05%

1.44 – 2.44%

1.08 – 1.83%

Norwich + Peterborough BS

Easy Plus (C)

1 – 2.75%

0.8 – 2.2%

0.6 – 1.65%

Nottingham BS

Access Bonus (G)

1.02 – 1.7%

0.82 – 1.36%

0.61 – 1.02%

Nottingham BS

Access Plus

1.32 – 2.2%

1.06 – 1.76%

0.79 – 1.32%