Key Features
- Rates are variable
- Save from £5,000 to £500,000
- Interest is paid monthly on the last working day of the month
- Operate your account online
- Add to your savings by post or by direct credit from your bank account
- Withdrawals available with no penalty after 2 months written notice
- Immediate withdrawals available subject to the loss of 90 days' interest on the amount withdrawn
- Minimum account balance of £5,000
*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.