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Rates are effective from 1st May 2008.
If your balance falls below £500 your effective rate will be 0.25%
Rates quoted are AER/gross p.a.
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11/12/07 - 30/04/08
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5.25%
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5.13%
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If your balance falls below £500 your effective rate will be 0.25%
Rates quoted are AER/gross p.a.
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If you're not a taxpayer, you will need to complete an R85 form in order to receive your gross interest. Simply select the relevant option on your application form, and we'll send you the form by post.
The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law (currently 20%). AER stands for annual equivalent rate and illustrates what the interest would be if interest was paid and compounded each year. Net is the rate of interest paid after the deduction of lower rate tax at 20%.
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Tell me more
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Ready to apply for your premier saver?
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