Is there a minimum and maximum Base Rate amount that I can be charged?

As we’re creating a direct link between your interest rates and the Bank of England Base Rate, we can’t control how much it goes up or down. If the Bank of England Base Rate is no longer available, or changes significantly, we’ll decide whether it’s reasonable to replace it with another rate, or whether to make other changes to how we calculate interest. We’ll always communicate the change, and you have the option to close your account to prevent any future changes affecting you