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

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

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