Banks Base Rate | RBS International

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Bank’s Base Rate

Details of the Bank’s Base Rate available with RBS International

Change to the Bank’s Base Rate

We have changed our Base Rate to 0.10% on 19 March 2020, following a change in the Bank of England Base Rate.

Why might the base rate affect me?

On certain products, our interest rates are linked to the Bank's Base Rate, which is influenced by changes in the Bank of England Base Rate changes. Your rate may also change if your current deal ends.

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How have interest rates changed recently?

The Bank's Base Rate is currently 0.10%

On 19 March 2020, the Bank of England Base Rate reduced from 0.25% to 0.10%. It's important to understand how this change could affect you.

On certain products, our interest rates are linked to the Bank’s Base Rate, which is influenced by changes in the Bank of England Base Rate.

The Bank of England's Monetary Policy Committee meets every month to determine what needs to be done to its official bank rate to manage the economy.

The table outlines changes to the Bank’s Base Rate.

Changes to the Bank’s Base Rate

Effective date Base Rate
19/03/2020 0.10%
11/03/2020 0.25%
02/08/2018 0.75%
02/11/2017 0.50%
04/08/2016 0.25%
05/03/2009 0.50%
05/02/2009 1.00%
08/01/2009 1.50%
04/12/2008 2.00%
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