Interest rates on cash holdings Killik & Co
With effect from 6th March 2023, the interest earned on cash held in Killik & Co accounts will be as follows:
| GENERAL INVESTMENT ACCOUNTS | AER* |
|---|---|
| £0 to £99,999 | 0.55% |
| £100,000 and over | 1% |
These rates are tiered and banded.
| ISA ACCOUNTS | AER* |
|---|---|
| £0 to £99,999 | 0.55% |
| £100,000 and over | 1% |
These rates are tiered and banded.
| SIPP ACCOUNTS | AER* |
|---|---|
| £0 to £99,999 | 0.55% |
| £100,000 and over | 1% |
These rates are tiered and banded.
The above rates apply to Sterling Deposits only. Currently, no interest is paid on foreign currency balances.
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year. The AER calculation does not take account of amounts which are retained in accordance with point 9.13 of our Terms and Conditions.
Payment terms
Interest, calculated on a daily basis, will be credited gross every six months, but sums of less than £20 will not be distributed. Where payment is made to you by BACS, interest on the sum concerned will be credited up to the date the payment is initiated.
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Interest on cash – and other options for shorter-term savings.
