Find out about Barclays Stockbrokers improved interest rates on cash balances held in a Barclays Stockbrokers SIPP.
New SIPP interest rates

Interest rates paid on cash balances

The interest paid is banded which means the rates below apply only to the proportion of the account balance within each band. Each band of your overall cash balance will receive different rates of interest giving a blended rate. Any interest due will be paid quarterly in arrears.

Please note that our interest rates are a Managed Rate. That means that they are a rate set by us and can be amended from time to time. Any changes may or may not be linked to moves in the Bank of England base rate.

Current interest rates

Effective from 1 December 2016

​Cash balance band ​Interest rate on this band only/AER1 ​Tax-free rate2
​£1 - £999 0% 0%​
​£1,000 - £49,999 ​0.05% pa ​0.05% pa
​£50,000 and over 0.25% pa​ ​0.25% pa
A Barclays Stockbrokers SIPP is primarily designed for those who want to hold investments. However, if you want to hold cash in your SIPP because you’re uncertain of market conditions, or need time to decide what to invest in, you receive interest on all cash balances of £1,000 or more.


Our FAQs are designed to answer your questions about the changes to our interest rates.

Our interest rate changes also apply to our Investment ISA and Corporate ISA.

Remember:

  • The value of your investments can fall as well as rise and you may get back less than you initially invested.
  • Investing is not for everyone, if you are unsure please seek independent financial and tax advice.

Ready to invest?

Open a SIPP


*Calls to 0808 numbers are free if made from a UK landline. Call costs to 0141 numbers may vary – please check with your telecoms provider. Calls may be recorded so that we can monitor the quality of our service and for security purposes. Our opening hours are 07:30-19:00 Monday to Thursday, 07:30-18:00 on Friday (excluding bank holidays) and 09:30-12.30 on Saturday.

1
AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.

2 Tax-free – indicates that interest earned on cash held in a SIPP is not subject to UK Income Tax and will be paid gross, provided that all SIPP conditions are met. The level and basis of tax can change and the value of tax relief depends on your personal circumstances.

Remember:

  • The value of your investments can fall as well as rise and you may get back less than you initially invested.
  • Investing is not for everyone, if you are unsure please seek independent financial and tax advice.

Ready to invest?

Open a SIPP

FAQs

Get answers to commonly asked questions about the changes to our interest rates.

Full rates and charges

Existing Barclays Stockbrokers client?


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