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On 6th February, the Bank of England reduced the Base Rate of interest by 0.25% to 4.50%.
As a result, we will be reducing our Standard Variable Rate (SVR) and interest rates across most of our variable savings products. Find Out More
Helping Borrowers and Savers Since 1924
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Did you know that your eligible deposits with the Vernon are protected up to a total of £85,000 (£170,000 for joint accounts) by the Financial Services Deposit Scheme (FSCS), the UK's deposit guarantee scheme?
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*Gross Rate is the interest rate without tax deducted. AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-Free means that interest is not subject to income tax.
