Our current savings rates:
Whether you are just starting your savings journey or looking for a fixed return, here are our current interest rates for new customers as of 5th November 2026:
Tembo HomeSaver: from 29th October 2026, the introductory rate is only available to new Tembo Savings customers. Headline rates (AER, variable):
- New customers: up to 5.55% = 3.00% variable base rate + 1.00% HomeSaver mortgage bonus + 1.55% 12-month introductory bonus rate. The mortgage bonus is only paid if you complete a qualifying mortgage through Tembo. Without it, the rate is 4.55%.
- Existing customers: up to 4.50% = 3.00% variable base rate + 1.50% HomeSaver mortgage rate. Existing customers are not eligible for the introductory rate.
T&Cs apply.Regular Saver: Up to 8.0% AER (variable)! You'll earn 3.0% AER (variable), with interest paid monthly. If you're new to Tembo, you'll also earn an extra 5.0% AER (fixed), paid as a one-off bonus at the end of your first year. T&Cs apply
1 Year Fixed ISA: 4.90% AER (Fixed for the duration of the term). This rate also applies to reinvestments when an existing Fixed ISA matures.
Cash Lifetime ISA (LISA): 4.25% AER (Variable).
(Includes a 3.55% base rate + 0.70% introductory bonus rate for the first year).Cash ISA: we've got two different options to cater to your needs:
Our HomeSaver Cash ISA:
5.5% AER (variable) - this is made up of a 3% variable base rate and a 2.5% fixed 12-month bonus rate, yours when you complete a mortgage with Tembo.
Our Standard Cash ISA:
4.00% AER (variable) - this is made up of a 3.00% variable base rate and a 1.00% fixed 12-month introductory bonus rate.
If you have one of our original HomeSaver accounts, your rate tracks the Bank of England base rate and will adjust accordingly. We’ll be in touch to confirm when this takes effect. For all other savings accounts, rates aren’t directly linked to the base rate, but we’ll always keep you updated on any changes that affect your account.
We’re constantly reviewing our rates alongside wider market conditions to ensure we continue offering competitive rates and great value to our customers.
We’re committed to providing great savings products and will always keep our customers updated on any changes to their rates.
Checking your specific rate
While the rates listed above are our standard current offers for new accounts, the rate applied to your specific account might be different.
You can always check your current active rate directly within the "Accounts" section of the Tembo app.
Important things to know
Variable rates: "Variable" means the interest rate can go up or down in the future. We will always let you know if there is a change that affects your savings.
AER explained: AER stands for Annual Equivalent Rate. It shows what the interest rate would be if interest was paid and compounded each year, making it easier for you to compare different accounts.
Tax status: The tax treatment of these products depends on your individual circumstances and may change in the future.