We've been helping our members save since 1924. Whether you're saving for something special or want a safe place for your funds, we've got the account for you, depending on your circumstances and what you want to achieve.
As of 16th December 2021, the Bank of England increased its Base Rate from 0.10% to 0.25%.
Following this change, most of our saving product interest rates will increase from 1st February.
We will write to all savings customers with balances in excess of £100 ahead of the increases with a full list of the new rates.
You can see the 1st February rates on the Find Your Rate Page. Our website will always be up to date with the latest rates.
Did you know that your eligible deposits with the Vernon are protected up to a total of £85,000 (£170,000 for joint accounts) by the Financial Services Deposit Scheme (FSCS), the UK's deposit guarantee scheme?
Learn more about the FSCS