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Term Deposit previous rates

Term Deposit - 6 Month Term Deposit

Amount InvestedAnnual OptionMonthly Option
AER/Gross %Net %AER/Gross %Net %
£10,000+2.251.802.251.80
£2,000 to £9,9992.251.802.251.80
 
These interest rates were correct from 14/04/2009 to 08/09/2009.


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Term Deposit - 6 Month Limited Offer Term Deposit

Amount InvestedAnnual OptionMonthly Option
AER/Gross %Net %AER/Gross %Net %
£2,000 to £20,0006.004.806.004.80
 
These interest rates were correct from 01/02/2008 to 25/02/2008.


View current rates

Term Deposit - 1 Year Term Deposit

Amount InvestedAnnual OptionMonthly Option
AER/Gross %Net %AER/Gross %Net %
£10,000+3.002.403.002.40
£2,000 to £9,9993.002.403.002.40
 
These interest rates were correct from 27/02/2009 to 27/10/2009.


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Term Deposit - 2 Year Term Deposit

Amount InvestedAnnual OptionMonthly Option
AER/Gross %Net %AER/Gross %Net %
£50,000+3.753.003.753.00
£10,000+3.753.003.753.00
£2,000 to £9,9993.753.003.753.00
 
These interest rates were correct from 08/09/2009 to 27/10/2009.

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Term Deposit - 3 Year Term Deposit

Amount InvestedAnnual OptionMonthly Option
AER/Gross %Net %AER/Gross %Net %
£10,000+4.00%3.20%4.00%3.20%
£2,000 to £9,9994.00%3.20%4.00%3.20%
 
These interest rates were correct from 01/07/2009 to 27/10/2009.


View current rates

Term Deposit: on balances of £50,000+ interest will be paid gross.
These rates are subject to availability and can be withdrawn at anytime without notice.


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.

Net rate is the rate payable after the deduction of lower rate tax (which may be reclaimed by non-taxpayers on completion of an Inland Revenue R85 form). As the rate of tax may vary, the net rate is given for illustration only and is rounded to two decimal places.

Gross rate means that credit interest is paid without income tax being deducted. You can receive your interest paid gross if you are a non-tax payer and have completed an Inland Revenue R85 form.