Key features of our US Dollar Tracker Premium account
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Apply to open a US Dollar Tracker Premium account today |
Our US Dollar Tracker Premium account offers certainty in a time of fast moving interest rates. With a guaranteed link to the US Dollar base rate you can be sure of a competitive rate of return. Plus during your first year your account benefits from a premium on top of that guarantee that makes our US Dollar Tracker Premium account our most compelling US Dollar proposition yet. ACT NOW! This account is a limited offer and may be withdrawn at short notice. |
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| Annual/Deferred interest rate and guarantee | In the first year the annual/deferred interest rate is guaranteed to be no lower than the US Dollar base rate, plus, on top of this you’ll enjoy a tiered, variable rate premium. Thereafter, the annual/deferred interest option is guaranteed to pay 0.25% below the US Dollar base rate until 1 January 2010. |
| Easy access | The minimum amount for withdrawal is $500 or the currency equivalent. You always have easy access to your money. You can make four penalty free withdrawals, of any amount, per financial year (1 April - 31 March). Subsequent withdrawals will incur a 30 day interest penalty on the amount being withdrawn. |
| Additions | You can deposit additional funds into the account whenever you want |
| Minimum investment | $5,000 |
| Maximum balance | $2 million |
| Tiers | $5,000 - $49,999 $50,000 - $2 million |
| Interest options | Annual interest - paid on the 31 March All accrued interest is paid when the account is closed. This interest will be added to the capital value of the account. |
| Operating your account | You can operate your account by post, telephone, fax, and, when registered, by our Internet Banking service. |
| Change in the US Dollar base rate | If the US Dollar base rate increases or decreases we will change the interest rate payable on the account within 30 days of such a change, where we are required to do so in order to meet our guarantee. |
| Other information | All transactions are acknowledged by a statement, we’ll also send you an annual statement detailing the interest earned in April each year.
You can choose to receive a statement monthly, quarterly, half-yearly or annually. There is no charge for additional statements You can have up to four account holders per account |
* All interest rates are quoted gross. Interest paid or credited in respect of accounts held by certain individuals may be subject to a retention tax in accordance with the arrangements under Isle of Man law for the implementation of equivalent measures to the EU Savings Tax Directive.