Savings rate increases
We're pleased to announce that we're increasing the variable rates for the following savings accounts from 1st December 2017.
|Account name||Availability||Account balance||New annual interest rate|
|60 Day Notice Account||Branch||£500 - £2,000,000||1.10% Gross* p.a./AER†|
|Easy Saver||Branch||£500 - £2,000,000||0.90% Gross* p.a./AER†|
|e-Saver||Online||£1 - £1,000,000||0.90% Gross* p.a./AER†|
|Instant Access Account||Branch||£1 - £2,000,000||0.20% Gross* p.a./AER†|
|Children's Account||Branch||£1 - £25,000||0.95% Gross* p.a./AER†|
|7 Day Notice Account||Off-sale||£1 - £1,000,000||0.20% Gross* p.a./AER†|
|60 Day Notice Cash ISA||Branch||£500 Plus||1.10% Tax-free^ p.a./AER†|
|Easy Cash ISA||Branch||£500 plus||0.90% Tax-free^ p.a./AER†|
|e-ISA||Online||£1 plus||0.90% Tax-free^ p.a./AER†|
* 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.
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