Base Rate Tracker Premium account - with effect from 7 December 2009 |
| |
Annual/Interest on closure |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| £5,000 - £24,999 |
Year 1 |
2.05 † |
2.05 |
1.85 † |
1.87 |
| Thereafter |
0.25 |
0.25 |
0.10** |
0.10** |
| £25,000+ |
Year 1 |
2.60 ‡ |
2.60 |
2.40 ‡ |
2.43 |
| Thereafter |
0.25 |
0.25 |
0.10** |
0.10** |
† Includes a variable premium of 1.55% above Bank of England base rate
‡ Includes a variable premium of 2.10% above Bank of England base rate |
| Instant Access account - with effect from 4 April 2009 |
| |
Annual/Interest on closure |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| £1 to £999 |
0.10 |
0.10 |
n/a |
n/a |
| £1,000 to £24,999 |
0.15 |
0.15 |
0.15 |
0.15 |
| £25,000 to £49,999 |
0.15 |
0.15 |
0.15 |
0.15 |
£50,000+ |
0.20 |
0.20 |
0.20 |
0.20 |
| |
| |
60 Day Notice account - with
effect from 4 April 2009 |
| |
Annual/Interest on closure |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| £1 to £999 |
0.10 |
0.10 |
n/a |
n/a |
| £1,000 to £24,999 |
0.25 |
0.25 |
0.25 |
0.25 |
| £25,000 to £49,999 |
0.25 |
0.25 |
0.25 |
0.25 |
| £50,000+ |
0.30 |
0.30 |
0.30 |
0.30 |
All rates quoted above are variable.
| |
Lifetime Guarantee 1 account – Year 1 with effect from 17 May 2010 |
Issue 16 |
Annual/Interest on closure |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| £5,000 - £49,999 |
Year 1 |
2.40 |
2.40 |
2.35 |
2.38 |
| Thereafter |
0.20 |
0.20 |
0.10** |
0.10** |
| £50,000+ |
Year 1 |
2.80 |
2.80 |
2.75 |
2.78 |
| Thereafter |
0.20 |
0.20 |
0.10** |
0.10** |
Lifetime Guarantee 3 account – Year 1 with effect from 1 June 2010 |
Issue 3 |
Annual/Interest on closure |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| £5,000 - £49,999 |
Year 1, 2, 3 |
3.00 |
3.00 |
2.90 |
2.94 |
| Thereafter |
0.20 |
0.20 |
0.10** |
0.10** |
| £50,000+ |
Year 1, 2, 3 |
3.40 |
3.40 |
3.30 |
3.35 |
| Thereafter |
0.20 |
0.20 |
0.10** |
0.10** |
| |
| |
|
Accounts no longer open to new customers
Base Rate Tracker account - with effect from 23 September 2009 |
£5,000+ |
Annual/Interest on closure |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| After Year 1 |
0.25 |
0.25 |
0.10** |
0.10** |
*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.
** Whilst it is a condition of the account to pay 0.60% gross p.a. (Base Rate Tracker Premium), 0.65% gross p.a. (Lifetime Guarantee) and 0.50% gross p.a. (Base Rate Tracker) below the Bank of England base rate, for the time being we will pay a flat rate of 0.10% on the account however we reserve the right to stop paying this flat rate without notice.
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. |