The following accounts are closed to new investment. The
current and
previous interest rate is displayed.
The ISA Capital Plan Account
| |
Current interest rates
|
Previous interest rates
|
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
| £1 plus |
0.60%
|
0.48%
|
1.00%
|
0.80%
|
The Deposit Account
| |
Current interest
rates |
Previous interest
rates |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
|
£1 plus
|
0.10%
|
0.08%
|
0.10%
|
0.08%
|
The Personal Deposit Account
| |
Current interest
rates |
Previous interest
rates |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
|
£1 plus
|
0.10%
|
0.08%
|
0.10%
|
0.08%
|
Special Instant Access Account
| |
Current interest
rates |
Previous interest
rates |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
|
£1 plus
|
0.10%
|
0.08%
|
0.10%
|
0.08%
|
Preference Shares
| |
Current interest
rates |
Previous interest
rates |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
|
£1 plus
|
0.10%
|
0.08%
|
0.10%
|
0.08%
|
Cheque-A-Month ††
| |
Current interest
rates |
Previous interest
rates |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
|
£1 plus
|
0.10%
|
0.08%
|
0.10%
|
0.08%
|
7 Days Notice, formerly 1 Month notice
| |
Current interest
rates |
Previous interest
rates |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
|
£1 plus
|
0.15%
|
0.12%
|
0.20%
|
0.16%
|
60 Days Notice, formerly 3 Months and 6 Months notice
| |
Current interest
rates |
Previous interest
rates |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
|
£1 plus
|
0.40%
|
0.32%
|
0.90% Gross# p.a/
0.90% AER†
|
0.72%
|
Charities & Overseas Residents Account (Issues 1 &
2)
| |
Current interest rates |
Previous interest rates |
| No notice |
Gross# p.a/AER* |
Gross# p.a/AER* |
| |
|
|
|
£20,000 plus
|
0.10%
|
0.10%
|
| £1-£19,999 |
0.10% |
0.10% |
| 7 days' notice (formerly one month) |
|
|
| £1 plus |
0.15% |
0.20% |
| 60 days' notice (formerly three months) |
|
|
| £1 plus |
0.35% |
0.75% |
Super Option (7 days' notice annual interest; formerly one
month)
| |
Current interest
rates |
Previous interest
rates |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
|
£1 plus
|
0.15% |
0.12% |
0.20% |
0.16% |
Super Option (7 days' notice; formerly one month - interest
paid monthly)
| |
Current interest
rates |
Previous interest
rates |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
|
£1 plus
|
0.15%
|
0.12% |
0.20% |
0.16% |
Corporate Deposit Account
| |
Current interest rates
|
Previous interest rates
|
| |
Gross# p.a/AER* |
Net† p.a |
Gross# p.a/AER* |
Net† p.a |
| £50,000 plus |
0.10% |
0.08% |
0.10% |
0.08% |
| £20,000-£49,999 |
0.10% |
0.08% |
0.10% |
0.08% |
| £1-£19,999 |
0.10% |
0.08% |
0.10% |
0.08% |
9 Month Bond Issue 106 and 107
| |
Current interest rates
|
Previous interest rates
|
| |
Gross# /AER* |
Net† |
Gross# /AER* |
Net† |
| £1,000 - £100,000 |
2.00% |
1.60% |
2.50% / 2.51% |
2.00% |
e-SAVER
| Account balance |
Gross# p.a/AER* |
Net# p.a† |
| £1 plus |
1.65% |
1.32% |
e-SAVER Issue 2
| Account balance |
Gross# p.a/AER* |
Net† p.a |
| £1 plus |
2.85% Gross# p.a./AER* (variable)
- Year 1 includes a bonus rate of 1.20% from the date of account
opening
- Year 2 no bonus payable, rate reverts to e-Saver 1.65% Gross#
p.a./AER* |
2.28%
(Year 1)
|
1.32%
(Year 2) |
e-ISA
| Account balance |
Tax-Free~ p.a/AER* |
Net p.a† |
| £1 plus |
1.80% |
N/A |
30 Day Notice Issue 1
| Account balance |
Gross# p.a/AER* |
Net† p.a |
| Account balance |
Gross# p.a/AER* |
Net† p.a |
| £1 plus (Annual Interest) |
2.90% Gross# p.a./AER* (variable)
- Year 1 includes a bonus rate of 1.00% from the date of account
opening
- Year 2 no bonus payable, rate reverts to 1.90% Gross#
p.a./AER* |
2.32%
(Year 1)
|
1.52%
(Year 2) |
| £1 plus (Monthly Interest) |
2.86% Gross# p.a./AER* (variable)
- Year 1 includes a bonus rate of 1.00% from the date of account
opening
- Year 2 no bonus payable, rate reverts to 1.86% Gross#
p.a./AER* |
2.29%
(Year 1)
|
1.49%
(Year 2) |
# Gross is the contractual rate
of interest payable before the deduction of income tax at the rate
specified by law.
* AER stands for Annual
Equivalent Rate and illustrates what the interest rate would be if
interest was paid and compounded once each year. As every
advertisement for a savings product which quotes an interest rate
will contain an AER, you will be able to compare more easily what
return you can expect from your savings over time.
† Net is the
rate of interest payable after the deduction of income tax at the
rate specified by law.
~ Tax free means exempt from income
and capital gains tax. Favourable tax treatment depends on
individual circumstances and may be subject to change in
future.
If you have any further
questions, please contact us – we'll be happy to help.