Current bonus rates

Tax-exempt savings plans

Fully paid standard Option Plans

* Annual Bonus rates for 2021 will not be decided until the end of the year. Interim annual bonus rates to be paid on claims in 2021 are also shown. These annual bonus rates are applied on a calendar year basis and paid pro-rata, depending on the maturity or surrender date.

** For Tables 29 to 33 inclusive outside of their guaranteed bonus period, bonus rates apply for a tax year. The Society reserves the right to reduce annual bonus rates in 2021 should market movements mean that this is appropriate to maintain fairness for all policyholders. For Monthly Savings ISA & Junior ISA policies issued from 6th April 2020 there is no 2020/21 rate as these policies receive the guaranteed reversionary bonus rate of 1.5% for the 2020/21 tax year. Please note that Final Bonuses do not apply to Monthly Savings ISA & Junior ISA policies issued between 2015 and March 2020.
For Tables 32 and 33 the current bonus rate for tax year 06/04/2020 to 05/04/2021 is 1.5%.
The guaranteed reversionary bonus rate for the Monthly Savings ISA and Lifetime ISA for the 2020/21 tax year is 1.5%. The guaranteed reversionary bonus rate for the Monthly Savings ISA and Lifetime ISA for the 2021/22 tax year will be 1%. This will apply to all new MSISA plans starting between 6/04/2021 and 05/04/22 and to all recurrent premiums and lump sums paid into LISA plans for the 2021/22 tax year.