How our share of the interest works for individual and joint accounts


We receive a share of the interest on each savings account you open through Flagstone (up to 0.30%). We deduct that share before we feature any savings account on our platform, so the rate you see will always be the rate you receive.

An example of our model

Say one of our partner banks wants to add a new savings account to our platform. The Gross interest rate on that account is 3.25%.

We’ll receive a small share of that interest (say 0.25%*), and display the Net rate on our platform. In this example:

            You receive a Net rate of 3.00% (3.25%, minus 0.25%)

            Flagstone receives 0.25%

*Our maximum share of the interest is 0.30%. But, for many accounts, it will often be lower. We aim to keep our share as low as possible.

Why save with Flagstone

If we receive a share of the interest, you might rightfully wonder: ‘why shouldn’t I go to the banks directly?’. Here are three reasons to save with Flagstone:

Market-leading & exclusive rates

Because we help thousands of individuals, businesses, and charities transact billions in cash, banks are happy to offer market-leading and exclusive rates to Flagstone clients.

So, even after we receive our share of the interest, we can still offer rates you won’t see anywhere else.

Your savings in one place

Multiple savings accounts mean multiple applications, and multiple passwords. With Flagstone, you can see all your savings in one platform, access your portfolio with a single password, and manage everything easily. Arrivederci, admin.

Increased FSCS protection

With everything in one platform, it’s easier to uncover gaps in your FSCS protection (up to £85,000 for eligible individual accounts, per banking group). So you can ensure your savings are secure, with no surprises.

How can I learn more about Flagstone's share of the interest?

If you're already a Flagstone client, you can check your Engagement Letter for full details about how our share of the interest works for your account.