What happens to the bonus rate if I don’t pay in £500 one month?

Your rate drops to 3.25% AER, but you can boost it again next month by meeting the £500 pay-in.

Heads up: The 4.75% AER easy access savings offer was a limited time offer that’s now closed to those who didn’t join the promotion by opting into the Bonus Savings Rate Challenge or by opening a Biscuit bank account during the offer period.