Savings calculator
Whether you’re wanting a new car or putting money aside for the Christmas shopping, our savings calculator shows you how long it will take and how much interest you could earn
Please remember, results are just an estimate and variable interest rates can go up or down
Just enter the details in our savings calculator below and see how much you could save
Fields marked with an (*) are mandatory.
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Your results
Based on what you’ve told us, your savings balance could be:
-
A total of£
-
In
-
Including interest paid annually of£
These results are dependent on the information you have provided and are for illustrative purposes only. They are not an indication of suitability for your personal circumstances.
AER stands for annual equivalent rate. It shows how much the interest rate would be if the interest was worked out once a year
All interest on UK savings accounts are paid without the deduction of tax. You will have to declare interest earned if you exceed your annual Personal Savings Allowance set by HMRC. Cash ISAs are tax-free, meaning you do not have to declare any interest earned.
Interest rates remain the same throughout the term. How much you earn depends on how long you put your money away for. This account doesn’t allow you to take money out during its term.
Looks like something has gone wrong here. Please try again in a few minutes.
Your results
Based on what you’ve told us, your savings balance could be:
-
A total of£
-
In
-
Including interest of£
These results are dependent on the information you have provided and are for illustrative purposes only. They are not an indication of suitability for your personal circumstances.
AER stands for annual equivalent rate. It shows how much the interest rate would be if the interest was worked out once a year
All interest on UK savings accounts are paid without the deduction of tax. You will have to declare interest earned if you exceed your annual Personal Savings Allowance set by HMRC. Cash ISAs are tax-free meaning that you do not have to declare any interest earned.
For a flexible savings option, choose an instant access account. Save what you want, when you want and have instant access to your cash if you need to.
*The rates on our Variable Cash ISA and Instant Access Account are changing to 1.15% AER* from 5 December. To see an interest calculation for the updated rates for these products, please come back and use the calculator after 5 December. Variable Rates can go up and down. You're also able to review potential interest by visiting the Bank of England's borrowing and savings calculator, usually accessible via their website.
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