We pay credit interest at a special rate on all credit balances in your ufirst Current Account. The table below shows the rates available.
This benefit is automatic for every ufirst member, so there is no need to apply.
It doesn't matter if you have £1 or £10,000 in your ufirst account, every £1 will earn credit interest and we will pay it into your account each month.
| Rate bands £ | Current rates | |
|---|---|---|
| Gross% (Variable) see note 1 | AER % (Variable) see note 2 | |
| £1 and over | 0.01% | 0.01% |
1 Gross is the interest rate paid before the deduction of tax.
2 The Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.
If you close or downgrade your ufirst Current Account you will no longer be entitled to this benefit.