Base Rate Tracker Premium account - with effect from 1 May 2008 |
| |
Annual/Deferred Interest |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| £5,000 - £24,999 |
Year 1 |
5.70 † |
5.70 |
5.50 † |
5.64 |
| Thereafter |
4.75 |
4.75 |
4.40 |
4.49 |
| £25,000+ |
Year 1 |
6.25 ‡ |
6.25 |
6.05 ‡ |
6.22 |
| Thereafter |
4.75 |
4.75 |
4.40 |
4.49 |
† Includes a premium rate of 0.70%
‡ Includes a premium rate of 1.25% |
| Instant Access account - with effect from 1 May 2008 |
| |
Annual/Deferred
Interest |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| £1 to £999 |
1.15 |
1.15 |
n/a |
n/a |
| £1,000 to £24,999 |
3.95 |
3.95 |
3.85 |
3.92 |
| £25,000 to £49,999 |
4.10 |
4.10 |
4.00 |
4.07 |
£50,000+ |
4.20 |
4.20 |
4.10 |
4.18 |
| |
| |
60 Day Notice account - with
effect from 1 May 2008 |
| |
Annual/Deferred
Interest |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| £1 to £999 |
2.15 |
2.15 |
n/a |
n/a |
| £1,000 to £24,999 |
4.25 |
4.25 |
4.15 |
4.23 |
| £25,000 to £49,999 |
4.40 |
4.40 |
4.30 |
4.39 |
| £50,000+ |
4.50 |
4.50 |
4.40 |
4.49 |
All rates quoted above are variable.
| |
Lifetime Guarantee account - with effect from 1 May 2008 |
Issue 4
(£1,000 - £2 million) |
Annual/Deferred Interest |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| Year 1 |
6.40 |
6.40 |
6.20 |
6.38 |
| Thereafter |
4.70 |
4.70 |
4.35 |
4.44 |
|
Accounts no longer open to new customers
Base Rate Tracker account - with effect from 1 May 2008 |
£5,000+ |
Annual/Deferred
Interest |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| Year 1 |
5.20 |
5.20 |
4.90 |
5.01 |
| Thereafter |
4.75 |
4.75 |
4.50 |
4.59 |
*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. The A.E.R. on an account which pays monthly interest
assumes interest is added to the account at the end of each month during
the year. In practice, the option to have interest added in this way
is not available on our monthly interest accounts.
|