Cash and short-term savings options

Current returns on Cash, Fixed Income Securities and Gilts

For new clients 

+44 (0) 207337 0777

For existing clients contact

your Adviser directly

We work closely with our clients to understand their goals and requirements. Clients often need a certain amount of money to be held in cash, to cover any potential ‘Rainy Day’ expenses. The interest rates payable on cash are listed below.

Where clients need increased liquidity to cover foreseeable calls on capital but want to maximise returns, we have a range of other options available.

Capital at risk.

Options to maximise returns

UK Fixed Income Service

Our UK Fixed Income Investment Strategy enables clients to invest directly into a portfolio of carefully selected bonds, mostly of short duration, allowing complete visibility over each holding.To find out more, call us or speak to your Adviser.

Government Bonds (Gilts)

Short Dated Government Bonds, or Gilts, are considered one of the safest investments and carefully selected can be very tax efficient. Unlike bank deposits, which are protected up to £85,000 by the FSCS, Gilts are fully guaranteed by the UK Government. For current rates and to find out more call us or speak to your Adviser. We shortly intend to offer a Short Dated Gilt Service please ask - your Adviser for details.

Cash Management Platforms

For clients seeking higher returns from cash, we provide access to a cash management platform. Clients can identify the best interest rates available and manage their money across multiple accounts. These rates are available for cash held in tax wrappers (including SIPPs but excluding ISAs).To find out more, call us or speak to your Adviser.

Schedule of interest rates

See the table below outlining the interest paid on the following accounts General Investment Accounts, SIPP and ISA from 1st November 2023.

Killik & Co are not a bank, but we rely on the rates of interest paid to us by UK clearing banks. Any client cash is effectively held in instant access accounts in case clients should need them immediately or wish to take advantage of market moves and invest swiftly. In line with banks, these pay less interest than regular savings accounts. We also offer term deposit accounts, though these are not permitted in ISAs. These will also attract penalty clauses if money is withdrawn before completion of the term.

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 1.13 of the Platform Securities Terms and Conditions.

The below rates apply to Sterling Deposits only.



£1 to £99,999


£100,000 to £249,999


£250,000 and over


These rates are tiered and banded.

Interest of 1% paid on USD balances over $100k.

Payment terms

Interest, calculated on a daily basis, will be credited gross every six months, but sums under £1 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.