Cut from 4%, effective 18 December 2025. It remains the current rate.
At a base rate of 3.75%, a savings account tracking the base rate earned roughly:
£5,000 saved
£188
per year
£10,000 saved
£375
per year
£50,000 saved
£1,875
per year
Illustrative gross interest at the base rate. Best-buy easy-access accounts often beat the base rate — see current rates below.
The base rate sets what savers earn and what borrowers are charged over it. UK companies borrowing against a registered charge paid a median of 7.68% on their debt, with the middle half between 5.54% and 10.83% — read from their own filed accounts as at 6 September 2026, when the base rate stood at 3.75%. The Bank of England's own figure for new SME lending was 6.16%, published as a single mean with no range behind it.
Distribution published by Solon Corporate Finance, an independent UK debt advisory firm run by StoozeMax's founder.
Figures are indicative and correct as at 18 December 2025. Bank switch offers, rates, and eligibility change frequently — always confirm the latest terms directly with the provider before switching. T&Cs apply. This is information, not financial advice.