Blue sky reflected on the side of a glass high-rise

Bank Interest

From 25 May 2018, the interest rate on cash held in the SIPP bank account is 0.1%p.a. – there will be no link to the Bank of England base rate. *

Interest will be paid gross and credited to the SIPP bank account monthly.

*There are exceptions to this, as for ESIPP and CSIPP products the interest rate remains unchanged.