Direct 90 Notice

Rate effective from 23 May 2008

Up to 5.05% Gross p.a. AER* (variable)

Key Features

  • Save from £5,000 to £1,000,000

  • Add to your savings by post or by direct credit from your bank account

  • Open and operate your account online.

  • Withdrawals available with no penalty after 90 days notice

  • Immediate withdrawals available subject to the loss of 90 days interest on the amount withdrawn

  • Withdrawals can be paid directly to your bank account

  • Interest paid annually on 1 July or monthly at a reduced rate

 

*Interest will be paid or credited after deduction of income tax at the lower rate of 20% or, subject to the required certification, gross.

AER stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.

To achieve the advertised rate above a minimum balance of £50,000 is required with interest being paid on an annual basis.


Direct 90 Notice