The average interest rate of variable-rate cash ISA deposits in the United Kingdom (UK) were lower in February 2024 than in October of the previous year. In fact, the interest rate of that type of cash ISAs peaked that month at 3.37 percent. In contrast, the average interest rate of variable-rate cash ISA deposits amounted to just 0.13 percent in March 2021.
Average interest rate of variable-rate cash ISA deposits by monetary financial institutions in the United Kingdom (UK) from January 2015 to February 2024
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Bank of England. (March 7, 2024). Average interest rate of variable-rate cash ISA deposits by monetary financial institutions in the United Kingdom (UK) from January 2015 to February 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1455367/interest-rate-of-variable-rate-cash-isa-deposits-uk/
Bank of England. "Average interest rate of variable-rate cash ISA deposits by monetary financial institutions in the United Kingdom (UK) from January 2015 to February 2024." Chart. March 7, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1455367/interest-rate-of-variable-rate-cash-isa-deposits-uk/
Bank of England. (2024). Average interest rate of variable-rate cash ISA deposits by monetary financial institutions in the United Kingdom (UK) from January 2015 to February 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1455367/interest-rate-of-variable-rate-cash-isa-deposits-uk/
Bank of England. "Average Interest Rate of Variable-rate Cash Isa Deposits by Monetary Financial Institutions in The United Kingdom (Uk) from January 2015 to February 2024." Statista, Statista Inc., 7 Mar 2024, https://www.statista.com/statistics/1455367/interest-rate-of-variable-rate-cash-isa-deposits-uk/
Bank of England, Average interest rate of variable-rate cash ISA deposits by monetary financial institutions in the United Kingdom (UK) from January 2015 to February 2024 Statista, https://www.statista.com/statistics/1455367/interest-rate-of-variable-rate-cash-isa-deposits-uk/ (last visited July 22, 2024)
Average interest rate of variable-rate cash ISA deposits by monetary financial institutions in the United Kingdom (UK) from January 2015 to February 2024 [Graph], Bank of England, March 7, 2024. [Online]. Available: https://www.statista.com/statistics/1455367/interest-rate-of-variable-rate-cash-isa-deposits-uk/