United Kingdom · data to Nov 2026
How are interest rates?
OK.
Bank Rate is 3.75%. Borrowers are paying more than a few years ago, and savers are earning more.
For context: 3.75% is lower than 69% of all 623 figures since 1975.
Bank Rate
The Bank of England's main interest rate, which sets the tone for loans and savings
The strip under the chart shows the verdict each period would get by today's rules:Good OK Bad
See the latest numbers
| Period | Value | Verdict |
|---|---|---|
| Nov 2026 | 3.75% | OK |
| Oct 2026 | 3.75% | OK |
| Sep 2026 | 3.75% | OK |
| Aug 2026 | 3.75% | OK |
| Jul 2026 | 3.75% | OK |
| Jun 2026 | 3.75% | OK |
| May 2026 | 3.75% | OK |
| Apr 2026 | 3.75% | OK |
| Mar 2026 | 3.75% | OK |
| Feb 2026 | 3.75% | OK |
| Jan 2026 | 3.75% | OK |
| Dec 2025 | 3.75% | OK |
Source: Bank of England, Official Bank Rate, end of month (Statistical Interactive Database) · Series IUDBEDR · Latest Nov 2026
How we judged this
What we test: The latest figure (bank Rate). Right now that's 3.75%.
- Good if under 2.50%
- OK if from 2.50% to under 4.00%applies now
- Bad if anything the rules above don’t cover
Rules are checked from the top. The first one that fits decides the verdict.
About this data
- Measure
- Bank Rate
- Latest
- 3.75% (Nov 2026)
- Published
- Monthly, by Bank of England
- Verdict counts for
- Equal weight with the others in the overall verdict
Judged from a borrower's point of view. Savers see it the other way round.
Shows the rate at the end of each month.
Most UK mortgages are fixed for two or five years, so changes in Bank Rate reach many households when their fixed deal ends.