Base Rate Tracker Premium 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. % |
| £5,000 - £24,999 |
Year 1 |
1.95 † |
1.95 |
1.75 † |
1.76 |
| Thereafter |
0.25 |
0.25 |
0.10** |
0.10** |
| £25,000+ |
Year 1 |
2.50 ‡ |
2.50 |
2.30 ‡ |
2.32 |
| Thereafter |
0.25 |
0.25 |
0.10** |
0.10** |
† Includes a variable premium of 1.45% above Bank of England base rate
‡ Includes a variable premium of 2.00% above Bank of England base rate |
| Instant Access account - with effect from 2 March 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 |
0.20 |
0.20 |
0.20 |
0.20 |
£50,000+ |
0.25 |
0.25 |
0.25 |
0.25 |
| |
| |
60 Day Notice account - with
effect from 2 March 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 |
0.40 |
0.40 |
0.40 |
0.40 |
| £50,000+ |
0.60 |
0.60 |
0.60 |
0.60 |
All rates quoted above are variable.
| |
Lifetime Guarantee 1 account – Year 1 with effect from 05 February 2010 |
Issue 15 |
Annual/Interest on closure |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| £5,000 - £49,999 |
Year 1 |
2.70 |
2.70 |
2.65 |
2.68 |
| Thereafter |
0.20 |
0.20 |
0.10** |
0.10** |
| £50,000+ |
Year 1 |
3.10 |
3.10 |
3.05 |
3.09 |
| Thereafter |
0.20 |
0.20 |
0.10** |
0.10** |
Lifetime Guarantee 3 account – Year 1 with effect from 17 May 2010 |
Issue 2 |
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 |
3.40 |
3.40 |
3.30 |
3.35 |
| Thereafter |
0.20 |
0.20 |
0.10** |
0.10** |
| £50,000+ |
Year 1, 2, 3 |
3.80 |
3.80 |
3.70 |
3.76 |
| Thereafter |
0.20 |
0.20 |
0.10** |
0.10** |
| |
| |
|
Accounts no longer open to new customers
Base Rate Tracker account - with effect from 2 March 2009 |
£5,000+ |
Annual/Interest on closure |
Monthly Interest |
Gross* p.a.% |
A.E.R. % |
Gross* p.a.% |
A.E.R. % |
| Year 1 |
1.20 |
1.20 |
0.90 |
0.90 |
| Thereafter |
0.75 |
0.75 |
0.50 |
0.50 |
*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. |