Cash Interest Rates
|Gross Interest Rate||Interest calculation and payment|
|TD Trading Account, TD ISA, TD Junior ISA, TD Regular Investing Account, CPM Account||0%
No interest is paid on cash balances
|Interest is calculated on a daily basis and paid or charged quarterly, on or around 25th day of March, June, September and December|
|TD SIPP||Relevant Rate less 1%, with a minimum of 0.10%||Interest is calculated on a daily basis and paid twice a year, on or around the 25th of May and November.|
The Relevant Rate is usually set with reference to a central bank rate and depends on the currency in which you hold cash.
You can find the current Relevant Rates below. All interest is paid gross of income tax. You are responsible for payment of any income tax that may be due through your self-assessment return.
|Currency held||Relevant base rate of||Relevant Rate at 19th January 2017|
|Sterling (GBP)||Bank of England||0.25%|
|Euro (EUR)||European Central Bank||-0.40% (negative)|
|US Dollar (USD)||US Federal Bank||0.75%|
|Canadian Dollar (CAD)||Bank of Canada||0.50%|
|Australian Dollar (AUD)||Reserve Bank of Australia||1.50%|
|Singapore Dollar (SGD)||Monetary Authority of Singapore||0.10%|
|Hong Kong Dollar (HKD)||Hong Kong Monetary Authority||1.00%|
|Swiss Franc (CHF)||Swiss National Bank||0.50%|
|Swedish Krona (SEK)||Sveriges Riksbank||-1.25% (negative)|
* Invest in shares, ETFs & Investment Trusts on our £5.95 share dealing rate in your first 3 months. After the 3 months, we’ll move you onto our Active (£5.95), Frequent (£8.95) or Standard (£12.50) rate depending on how often you trade.