Cash Investment Account 95 Day Notice Interest Rates
Current Interest Rates
Effective from 12 December 2016
|Balances||Gross Interest Rate/AER (variable)||Charges|
|£500 and above||0.05%||Withdrawals by CHAPS transfer – £25
We may charge for duplicate statements – £5
Previous Interest Rates
For previous interest rate information for your account please contact our customer service team on
0345 845 0829.
Sold via intermediaries only. For account information please call our customer service team on
0345 845 0829.
Interest Payment Periods
Interest will be paid monthly on the first day of the month, quarterly on the first day of January, April, July and October or annually on the anniversary of the account being opened. Interest rates are variable.
The minimum account balance required for monthly interest is £50,000.
On the interest rate table you may see some terms you are unfamiliar with. These are:
AER — Stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. (As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time).
Gross — This is the contractual rate of interest payable before the deduction of income tax at the rate specified by law (currently 20%).
The AER advertised is based on interest paid gross and capitalised to the account once a year – please note that other interest payment periods are available and the actual interest rate on your account will be lower if you have interest applied more frequently, but when compounded will equal the AER.