Why is my Pot interest rate different?

Bank of England

Our new interest generating Emma Pots, the Easy Access and 45 Day Notice Pots, have a variable interest rate. They are base rate trackers, which means they track the base rate of interest which is set by the Bank of England.

When the Bank of England change the base rate of interest, our partner bank changes the rates of the Pots to reflect this. You can see this in the Rate information available in the app, and you can see the rate when viewing your Pot.

New Pots

You may be in an older version of our Emma Save Pots. You can check your rate on the app against the rates shown on our Helpdesk: Do the Emma Pots generate interest?

If you are in an old Pot, you just need to open a new Pot to get the most up-to-date rates. If you want to, you can then transfer your savings over to the new Pot.

Updated on: 05/12/2024