Previous Rates
Product Range
Base Rate 5.5% as at Dec 7 2007 12:00AM Start of Business.
| Standard Current Account |
|---|
| Free Banking |
|---|
| Instant Access Account |
|---|
| Interest bearing current account Interest is paid at the rate quoted on each level of balance Gross interest credited March and September. Charges are 65p per transaction, debited quarterly. |
|---|
| | Net Rate | Gross Rate | A.E.R.* |
|---|
| Amounts up to £1,999 | 0.000 %
| 0.000 %
| 0.000 %
|
| Amounts up to £24,999 | 1.400 %
| 1.750 %
| 1.758 %
|
| Amounts up to £49,999 | 1.720 %
| 2.150 %
| 2.162 %
|
| Amounts of £50,000 and above | 2.000 %
| 2.500 %
| 2.516 %
|
| HIDA (High Interest Deposit Account) |
|---|
| Gross interest credited March and September. Interest is paid on the whole balance at the rate shown |
|---|
| | Net Rate | Gross Rate | A.E.R.* |
|---|
| Amounts up to £4,999 | 1.400 %
| 1.750 %
| 1.758 %
|
| Amounts up to £24,999 | 2.000 %
| 2.500 %
| 2.516 %
|
| Amounts up to £49,999 | 2.440 %
| 3.050 %
| 3.073 %
|
| Amounts up to £99,999 | 2.400 %
| 3.000 %
| 3.276 %
|
| Amounts of £100,000 and above | 2.840 %
| 3.550 %
| 3.582 %
|
|
| 14 Day Deposit Account |
|---|
| Gross interest credited March and September. Interest is paid on the whole balance at the rate shown |
|---|
| | Net Rate | Gross Rate | A.E.R.* |
|---|
| Amounts up to £500 | 0.000 %
| 0.000 %
| 0.000 %
|
| Amounts up to £2,499 | 0.000 %
| 0.000 %
| 0.000 %
|
| Amounts up to £4,999 | 0.000 %
| 0.000 %
| 0.000 %
|
| Amounts up to £9,999 | 1.400 %
| 1.750 %
| 1.758 %
|
| Amounts up to £24,999 | 1.600 %
| 2.000 %
| 2.010 %
|
| Amounts of £25,000 and above | 2.200 %
| 2.750 %
| 2.769 %
|
|
* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year. * Gross Rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. * Net Rate is the rate of interest which would be payable after allowing for the deduction of income tax at the rate specified by law.
