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Summary Box

 

 
 Key Product Information for Internet Saver 
 
Account Name Internet Saver
Interest rates (AERs)

Special offer variable interest rate - 2.80% AER. Open and fund an Internet Saver account between 1st and 31st July 2009. Your first deposit must be between £1,000 and £500,000. If your account falls below £1,000 or goes above £500,000, or you make 4 or more withdrawals during the 12 month period, the standard Internet Saver interest rate will apply from the date your account falls below £1,000 or goes above £500,000, or the date of your 4th withdrawal (whichever is earliest). At the end of the 12 month period the rate will revert to the standard Internet Saver interest rate at that time.

Current standard Internet Saver variable interest rate 0.75%.
Tax Status Interest is paid net of tax at the prevailing rate (currently 20%) unless you submit an R85 form to register as a non - taxpayer
Conditions for bonus payment 

No bonus available on this account.
Withdrawal arrangements Withdrawals are by electronic transfer to your nominated account only. Interest will revert to the standard Internet Saver interest rate if you make 4 or more withdrawals during the 12 month period
Access  Internet only


 

 

 
Sainsbury's Finance is a trading name of Sainsbury's Bank plc. Sainsbury's Bank, registered office 33 Holborn London EC1N 2HT
(registered in England no. 3279730) is authorised and regulated by the Financial Services Authority.