How we manage your cash
Product Cash and the Cash Management Account will be paid interest as follows:
- Interest is paid monthly on or around the 21st of each month.
- The interest paid each month is based on the balance for each day of the preceding calendar month, and the prevailing interest rate for that day.
- Interest will not be paid into accounts following their closure – this includes interest that might otherwise have accrued on cash held prior to closure.
- Where HMRC requires, the interest will be paid net of basic rate tax. This would be in the case of interest paid into our Investment Accounts and Cash Management Account. Interest in ISAs and SIPPs are paid gross.
- Current interest rates are shown below, these rates can change at any time.
The rates below are effective from 1st September 2026.
| Account | Gross rate of annual interest | Annual Equivalent Rate (AER) |
|---|---|---|
| ISA (including Junior ISA) | 2.30% | 2.32% |
| Investment Account | 2.30% | 2.32% |
| Cash Management Account | 2.30% | 2.32% |
| SIPP (including Junior SIPP) | 2.35% | 2.37% |
More information on interest payments:
- We will initially pay interest to the account on which the interest was accrued, but as part of our treatment of income options, for ISAs and Investment Accounts, you can choose to then have this interest payment moved to the Cash Management Account.
- We do not charge a service fee for holding cash, but we do retain some interest paid to Fidelity on client money accounts, over and above the interest which we pay to customers.
Historic rates
| Effective Date | ISA (incl. JISA) | Investment Account | Cash Management Account | SIPP (incl. JSIPP) |
|---|---|---|---|---|
| 01/09/26 - present | 2.30% | 2.30% | 2.30% | 2.35% |
| 01/08/26 - 31/08/26 | 2.25% | 2.25% | 2.25% | 2.30% |
| 01/07/26 - 31/07/26 | 2.15% | 2.15% | 2.15% | 2.25% |
| 01/04/26 - 30/06/26 | 2.25% | 2.25% | 2.25% | 2.25% |
| 01/01/26 - 31/03/26 | 2.20% | 2.20% | 2.20% | 2.20% |
| 01/12/25 - 31/12/25 | 2.45% | 2.45% | 2.45% | 2.50% |
| 01/11/25 - 31/11/25 | 2.45% | 2.45% | 2.45% | 2.55% |
| 01/09/25 - 31/10/25 | 2.45% | 2.45% | 2.45% | 2.50% |
| 01/08/25 - 31/08/25 | 2.70% | 2.70% | 2.70% | 2.75% |
| 01/07/25 - 31/07/25 | 2.65% | 2.65% | 2.65% | 2.75% |
| 01/06/25 - 30/06/25 | 2.65% | 2.65% | 2.65% | 2.70% |
| 01/05/25 - 31/05/25 | 2.95% | 2.95% | 2.95% | 3.00% |
| 01/03/25 - 30/04/25 | 2.95% | 2.95% | 2.95% | 3.05% |
| 01/01/25 - 28/02/25 | 3.15% | 3.15% | 3.15% | 3.25% |
| 01/12/24 - 31/12/24 | 3.10% | 3.10% | 3.10% | 3.20% |
| 01/09/24 - 30/11/24 | 3.35% | 3.35% | 3.35% | 3.50% |
| 01/04/24 - 31/08/24 | 3.60% | 3.60% | 3.60% | 3.70% |
| 01/01/24 - 31/03/24 | 3.45% | 3.45% | 3.45% | 3.65% |
| 01/10/23 - 31/12/23 | 3.35% | 3.35% | 3.35% | 3.55% |
| 01/09/23 - 30/09/23 | 3.00% | 3.00% | 3.00% | 3.50% |
| 01/07/23 - 31/08/23 | 2.75% | 2.75% | 2.75% | 3.25% |
| 01/06/23 - 30/06/23 | 2.35% | 2.35% | 2.35% | 2.80% |
| 01/05/23 - 31/05/23 | 2.10% | 2.10% | 2.10% | 2.55% |
| 01/04/23 - 30/04/23 | 2.05% | 2.05% | 2.05% | 2.50% |
| 01/03/23 - 31/03/23 | 1.60% | 1.60% | 1.60% | 2.10% |
| 01/02/23 - 28/02/23 | 1.50% | 1.50% | 1.50% | 1.90% |
| 01/01/23 - 31/01/23 | 1.45% | 1.45% | 1.45% | 1.85% |
| 01/12/22 - 31/12/22 | 1.10% | 1.10% | 1.10% | 1.40% |
| 01/10/22 - 30/11/22 | 0.70% | 0.70% | 0.70% | 0.95% |
| 01/09/22 - 30/09/22 | 0.45% | 0.45% | 0.45% | 0.60% |
| 01/07/22 - 31/08/22 | 0.05% | 0.05% | 0.05% | 0.25% |
How and where we hold cash
We spread any cash you hold across several banks for your security. The banks we work with include:
- Bank of America N.A.
- Barclays Bank Plc
- HSBC Bank Plc
- JPMorgan Chase Bank N.A
- Lloyds Bank Plc
- NatWest
- Royal Bank of Scotland Plc
Your money is protected
We have many levels of protection for your money if something goes wrong. We’re authorised and regulated by the Financial Conduct Authority, which means that we hold a significant amount of liquid capital. And, unlike a bank, we separate customers’ money from our own.
Read more about how we protect your money