US Dollar accounts - Historical Rates |
 Current
rates |
US Dollar Tracker Premium account - with effect from 1 December 2008 |
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| Annual/Interest on closure |
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Gross* p.a.% |
A.E.R. % |
||
| $5,000 - $49,999 | Year 1 | 1.70 † |
1.70 † |
| Thereafter | 0.75 |
0.75 |
|
| $50,000+ | Year 1 | 2.00 ‡ |
2.00 ‡ |
| Thereafter | 0.75 |
0.75 |
|
| † Includes a variable premium of 0.70% above the US Federal Funds target rate
‡ Includes a variable premium of 1.00% above the US Federal Funds target rate |
US Dollar Savings account - with effect from 1 December 2008 |
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Annual/Interest on closure |
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| Gross* p.a.% | A.E.R. % | |
| $1,000 to $24,999 | 0.35 | 0.35 |
| $25,000 to $49,999 | 0.40 | 0.40 |
| $50,000 to $99,999 | 0.45 | 0.45 |
| $100,000 and above | 0.75 | 0.75 |
Balances below US $1,000 in our US Dollar Savings accounts will receive interest at 0.25% Gross* p.a./A.E.R.
All rates quoted are variable.
* 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
The Annual Equivalent Rate (A.E.R.) is a notional
rate which illustrates the contractual rate as if paid and compounded
on an annual basis.