Summary Box - Key Product Information for our Savings Account(s)
Account Name - e-SAVER Issue 10
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Interest Rates
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Account Balance
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Gross*
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AER†
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Net#
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| (variable) | £1 - £1,000,000 | 1.50% | 1.50% | 1.20% |
Tax status
Tax will be deducted from your interest before it is paid into your account. If you are not a UK taxpayer and want to receive your interest without tax being deducted you will need to provide us with a completed R85 form.
Conditions for bonus payments
Not applicable
Withdrawal arrangements
You do not have to give notice. Any withdrawals must be made via the account linked with your e-Saver Issue 10 account. Your balance must not fall below the £1 minimum balance.
Access
This account can only be opened and managed online.
* 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 were paid and compounded once each year.
# Net is the rate of interest payable after the deduction of income tax at the rate specified by law.
