AER Savings Calculator
Calculate how much your savings will grow using the Annual Equivalent Rate. See the effect of compound interest over time.
Your Results
Final Balance
Total Interest Earned
Total Contributed
| Year | Opening Balance | Interest Earned | Contributions | Closing Balance |
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What Is AER?
AER (Annual Equivalent Rate) is the standardised interest rate used on all UK savings accounts. It accounts for compound interest and allows fair comparison between accounts that pay interest at different frequencies. Read our full AER guide for a detailed explanation.