Non-marketed product rates

Direct Telesavings account

*Interest rates quoted for future years are for illustrative purposes only. Based on a Bank of England Base Rate of 0.50%.

You need to be a Platinum current account customer to hold this account.
*Accounts opened will receive an introductory bonus of 0.75% p.a. gross, payable for six months from the date of account opening. When you apply for an Exclusive Saver, if you have a savings account of the same type as your current account, for example Select Saver and Select Account, we’ll convert it to an Exclusive Saver.  However, you’ll only qualify for the bonus if you also change your current account, for example from Select to Platinum. Changing to or from a Plus account does not count.
***The gross and net rates include the six-month introductory bonus. At the end of the bonus period, rates without bonus will apply. Please see the 'Exclusive Saver without bonus' table.

You need to be a Gold current account customer to hold this account.
*Accounts opened will receive an introductory bonus of 0.50% p.a. gross, payable for six months from the date of account opening. When you apply for an Exclusive Saver, if you have a savings account of the same type as your current account, for example Select Saver and Select Account, we’ll convert it to an Exclusive Saver. However, you’ll only qualify for the bonus if you also change your current account, for example from Select to Platinum. Changing to or from a Plus account does not count.
***The gross and net rates include the six-month introductory bonus. At the end of the bonus period, rates without bonus will apply. Please see the 'Exclusive Saver without bonus' table.

You need to be a Select current account customer to hold this account.
*Accounts opened will receive an introductory bonus of 0.25% p.a. gross, payable for six months from the date of account opening. When you apply for an Exclusive Saver, if you have a savings account of the same type as your current account, for example Select Saver and Select Account, we’ll convert it to an Exclusive Saver. However, you’ll only qualify for the bonus if you also change your current account, for example from Select to Platinum. Changing to or from a Plus account does not count.
***The gross and net rates include the six-month introductory bonus. At the end of the bonus period, rates without bonus will apply. Please see the 'Exclusive Saver without bonus' table.

You need to be a Select / Gold / Platinum current account customer to hold this account.

Guaranteed Investment Account important information

* We may close this offer early if the issue becomes over subscribed.
** AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded once each year. Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

Examples of potential returns

The following table will help you to compare what you may receive at the end of the 5-year fixed term period.

† Does not include any early investment bonus
‡ This table is for illustration purposes only and shows how the return is calculated at the end of the investment period. It does not take into account deductions of income tax, interest paid during the offer or inflationary effects.
The level of the FTSE 100 Index may fall as well as rise, past performance is no guide to future performance.  Therefore there is no guarantee that your investment will rise by more than the minimum guaranteed return over 5-years.

We agree to pay a rate of interest which will be no lower than 0.75% below the Bank of England base rate except where your balance falls below the Minimum Opening balance (£2,000).

* Accounts opened from 24 February 2003 will receive an introductory bonus of 0.50% p.a gross payable for six months from the date of account opening.
*** The gross and net rates include the six month introductory bonus. At the end of the bonus period, rates without bonus will apply. Please see the 'without bonus' table.

* Accounts opened from 26 March 2007 will receive an introductory bonus of 0.60% p.a. gross payable for twelve months from the date of account opening.
*** The gross and net rates include the twelve month introductory bonus applicable. At the end of the bonus period, rates without bonus will apply. Please see the ‘without bonus’ table for current rates. Online Saver accounts opened up to 25 march 2007 will receive an introductory bonus of 0.50% p.a. gross payable for six months from the date of account opening.

Please note that this product is no longer available

** Accounts opened from 1 December 2003 will receive an introductory bonus of 0.50% p.a. gross on balances of £2,500 or more payable for six months from the date of account opening.
*** The Gross and Net rates include the six or twelve month introductory bonus. At the end of the bonus period, rates without bonus will apply. Please see the 'without bonus' table.

Please note that this product is no longer available

Please note that this product is no longer available

Please note that this product is no longer available.

Interest rates are variable.

Interest is paid annually on the anniversary of opening your account.