Always earning interest.
App-based Current Account.
on balances of £100,000
up to £1,000,000
on balances
up to £100,000
With LHV your money is always at work earning interest from the moment it hits your account.
Our Current Account interest rate is variable and tracks the Bank of England base rate at 1.50% below base on balances up to £100,000. This means we currently pay 3.25% AER* / 3.20% Gross on Current Account balances up to £100,000.
For current account balances above £100,000 up to £1,000,000, we pay 1.00% AER* / 1.00% Gross interest.
Your eligible deposits with LHV Bank are protected up to £85,000 by the Financial Services Compensation Scheme.
* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. Interest is paid monthly. Age 18+, sole accounts only, T&Cs apply.