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Reserve account

The table below summarises the key product features of the Private Banking Premier Reserve account.

Private Banking Premier Reserve account
Important Information
Interest rates (AERs)
View our current rates
Variable, tiered interest rates on balances above £2,500. Interest paid annually or monthly depending on choice at account opening.
Tax Status
Interest paid net of basic rate income tax.
Conditions for bonus payment
N/A
Withdrawal arrangements
Instant access with loss of interest if you exceed four withdrawals in any twelve month period. If you make five or more withdrawals in any twelve month period the rate of interest applicable to your account will be the rate applied to balances between £2,500 and £24,999 provided that your balance remains above £2,500.
No notice period is required.
Access
Internet, telephone banking and branch.

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