Monthly Savings account

This account is no longer available to new customers.

Current interest rates

Accounts opened 8 March 2010 to 3 December 2013 inclusive. Monthly interest (effective from 8 March 2010). The following rates (higher interest rates) are paid where no withdrawals have been made in the previous calendar month.
Balance Gross rate pa% Net rate pa% AER%
£1+ 3.20 2.56 3.25
Monthly interest (effective from 8 March 2010). The following rates (lower interest rates) are paid where one or more withdrawals have been made in the previous calendar month.
Balance Gross rate pa% Net rate pa% AER%
£1+ 2.99 2.39 3.03


The above rates are effective from 8 March 2010 and are fixed for the 12 month term. Interest is paid monthly on the first working day of the month. Monthly deposits from £20 - £250 (maximum £3,000 over the term). One account per person.

 

Accounts opened 1 July 2009 to 7 March 2010 inclusive. Monthly interest (effective from 1 July 2009). The following rates (higher interest rates) are paid where no withdrawals have been made in the previous calendar month.
Balance Gross rate pa% Net rate pa% AER%
£1+ 4.17 3.34 4.25
Monthly interest (effective from 1 July 2009). The following rates (lower interest rates) are paid where one or more withdrawals have been made in the previous calendar month.)
Balance Gross rate pa% Net rate pa% AER%
£1+ 2.99 2.39 3.03


The above rates are effective from 1 July 2009 and are fixed for the 12 month term. Interest is paid monthly on the first working day of the month. Monthly deposits from £20 - £250 (maximum £3,000 over the term). One account per person.