Current interest rates
Monthly interest (effective from 2 March 2009). The following higher e-savings Reward interest rate is paid where no payments have been made out of the account since interest was last paid into the account.
| Balance |
Gross rate pa% |
Net rate pa% |
AER% |
| £1+ |
1.25
|
1.00
|
1.26
|
Monthly interest (effective from 2 March 2009). The following lower e-savings Reward interest rate is paid where one or more payments have been made out of the account since interest was last paid into the account.
| Balance |
Gross rate pa% |
Net rate pa% |
AER% |
| £1+ |
0.85
|
0.68
|
0.85
|
Rates are variable. Interest is paid monthly on the first working day of the month. These higher and lower rates include a fixed introductory bonus of 0.75% gross p.a. The bonus will be paid for 12 months from the date you open your account, with a minimum balance of £1, after which time the rates will reduce accordingly. We may withdraw or change the bonus offer at any time without notice.
Previous interest rates
Monthly interest (effective from 2 February 2009 to 1 March 2009). The following higher e-savings Reward interest rate is paid where no payments have been made out of the account since interest was last paid into the account.
| Balance |
Gross rate pa% |
Net rate pa% |
AER% |
| £1+ |
1.75
|
1.40
|
1.76
|
Monthly interest (effective from 2 February 2009 to 1 March 2009). The following lower e-savings Reward interest rate is paid where one or more payments have been made out of the account since interest was last paid into the account.
| Balance |
Gross rate pa% |
Net rate pa% |
AER% |
| £1+ |
0.85
|
0.68
|
0.85
|
Rates are variable. Interest is paid monthly on the first working day of the month. These higher and lower rates include a fixed introductory bonus of 0.75% gross p.a. The bonus will be paid for 12 months from the date you open your account, with a minimum balance of £1, after which time the rates will reduce accordingly. We may withdraw or change the bonus offer at any time without notice.
