Account name | |
|---|---|
Interest rates (AERs) | Variable interest. From the date of opening - Year 1 guaranteed to pay a gross interest rate no lower than 0.50% below the Bank of England base rate. Year 2 guaranteed to pay a gross interest rate no lower than the Bank of England base rate. Year 3 guaranteed to pay a gross interest rate at least 0.50% above the Bank of England base rate. Year 4 guaranteed to pay a gross interest rate at least 1.00% above the Bank of England base rate. Until 31 December 2012 guaranteed to pay a gross interest rate no lower than 1.50% below the Bank of England base rate. Interest paid annually. View full interest rates. |
Tax status | Interest is paid net of basic rate income tax. |
Conditions for bonus payment | Not applicable. |
Withdrawal arrangements | No notice period. |
Access | Web, phone and branch. Optional Cashpoint® card. |
View Easy Saver 2012 important information.
Explanation of terms
AER means Annual Equivalent Rate. AER illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different offers.
Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
