The interest rates that Standard and Plus customers get on uninvested cash is changing.
From 1 January 2026:
Plus customers will earn 3.5% interest on up to £3,000 uninvested cash
Standard customers will earn 2.5% interest on up to £2,000 uninvested cash
Basic customers will continue to earn 1% interest on up to £1,000 uninvested cash
The new interest rates will apply from 1 January 2026. Interest accrued over a calendar month is paid on the 11th working day of the following month. This means that the first interest payment impacted by the change will be the one paid to customers in February 2026.
Curious about how interest is calculated?
Interest is calculated daily based on your total cash at the end of each day
Interest continues to accrue over weekends and bank holidays based on your end of day balance on the previous working day. Any deposits you make over a weekend or bank holiday won’t be eligible for interest until the next working day.
Interest is paid once a month. Specifically, the interest accrued over a calendar month is paid on the 11th working day of the following month.
Remember: your Freetrade account is best used for investing rather than saving. Cash kept in your account should be for the purpose of facilitating trades or to pay any fees you may incur, such as FX fees.
Additional interest earned from cash, above the amount paid out to customers, is retained by Freetrade. Being a commission-free platform, the additional interest will be used to cover our cash management and wider operational costs.