Your account earns two types of interest:
Base interest - 3% AER (2.96% gross), which tracks 1.04% below the Bank of England Base Rate. This interest accrues daily and is paid monthly.
Bonus interest - A fixed 2.5% AER (1.98% gross) for 12 months, if you take out your mortgage through Tembo. This bonus accrues daily and is paid at the end of the 12-month period.