Your plan
Year by year
| Year | Paid in | Interest | Balance |
|---|
Assumes the rate stays the same throughout, deposits go in at the start of each month, interest compounds at the AER, and tax is taken once a year on interest above your Personal Savings Allowance (£1,000 basic rate, £500 higher rate, nothing for additional rate). It ignores the starting rate for savings and any other savings interest you have. Compare today's rates on the savings rates page.