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How does the bonus interest work, and when is it paid?

Updated over 2 months ago

3.In addition to your base savings rate, you may be eligible for a Sidekick bonus — a promotional rate boost designed to reward long-term savers.

Here’s how it works:

  • Bonus rate is applied on top of the base variable rate (e.g. 0.56% bonus + 3.95% base = 4.51% AER)

  • Bonus applies to balances up to £85,000

  • Paid monthly into your Sidekick Wallet (not added to the savings balance)

  • Duration: 12 months from the date of account opening

  • The bonus will appear as a separate line item each month

This means you’ll see two sources of interest:

  • Daily accruals within the savings account

  • Monthly bonus payments dropped into your Wallet

If your bonus is missing or looks incorrect, reach out and we’ll double-check it for you.

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