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  • Call 01768 863675 or email enquiries@penrithbs.co.uk
  • Call 01768 863675 or email enquiries@penrithbs.co.uk
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You are here: Home » Jargon Items » Base Rate

Base Rate

Base rate usually means the Bank of England base interest rate. Savings interest rates are normally determined by base rate (along with other factors).

Banded Interest
Building Society
Recent News
  • Statement from the Chair of the Board, Will Lindsay
  • AGM 2023 voting results
  • Carbon balancing our 2023 AGM mailing
  • Making a donation to our local foodbank
  • Cash For Kids Mission Christmas 2022
  • Increase to Standard Variable Rate – November 2022
  • UK Savings Week
  • Mortgage applications temporarily paused
  • Change of interest rates for savers
  • We had a great day as Principal Partner at Penrith Show
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fscs protected

Financial Services Compensation Scheme

Your eligible deposits held by a UK establishment of Penrith Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.

Further information is available here »»
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Or visit www.fscs.org.uk.

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Penrith Building Society
7 King Street Penrith
Cumbria
CA11 7AR

01768 863675
enquiries@penrithbs.co.uk

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Penrith Building Society is a member of the Building Societies Association. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Reg No 164473.

Copyright 2023 © Penrith Building Society
  • Tel: 01768 863675
  • Member Benefits
    @PBS / SECURE LOGIN
    INTERMEDIARY ENQUIRIES
  • Home
  • Mortgages
    • I’m a first time buyer
    • I’d like to move home
    • I’d like to build my own home
    • I’d like to know more about Holiday Home mortgages
    • I’d like to know more about remortgaging my home
    • I’d like to finance a Buy to Let Property
    • Mortgages for Individual Circumstances
    • I’m an existing borrower
      • I’d like to borrow more
      • I’d like to make a change to my mortgage
      • I’d like to switch mortgage deal
      • I’m in Financial Difficulty
    • Mortgage Calculator
    • Meet the Team
    • Tariff of Charges
    • Guide to Mortgage Services
    • Greener Every Day
    • Homes for Ukraine Sponsorship
  • Savings
    • Instant Access
    • Regular Savings
    • Tax Free Savings
    • Longer Term & Fixed Rate Savings
    • Saving for a Home
    • Junior Savers
    • Club, Charity & Business Accounts
    • Affinity Accounts
    • Closed Accounts
    • Meet the Team
  • Junior Savers
  • Protection
  • Community Support
  • I’m in Financial Difficulty
  • About Us
    • Corporate Governance
    • The Board
    • The PBS Family
    • Greener Every Day
    • Finance Reports and Reviews
    • Career Opportunities
  • Our News
  • Downloads
  • Help & Support
    • How to use @PBS
    • Tips for staying safe online
    • Jargon Buster
    • Personal Savings Allowance Question & Answer Sheet
    • Downloads
    • Tariff of Charges
    • Complaints
  • Contact Us