Correct as at 1 October 2011.
| Summit Extra |
|
| Under £2,000 |
0.10% |
| £2,000 - £9,999 |
0.10% |
| £10,000 - £24,999 |
0.10% |
| £25,000 - £99,999 |
0.10% |
| £100,000 - £249,999 |
0.10% |
| £250,000 and over |
0.10% |
| SaverPlus |
|
| Under £25,000 |
0.10% |
| £25,000 and over |
0.10% |
Rates on the following accounts have been fixed since 01 May 2004.
| |
Gross Interest Rate |
AER |
| Savings Account |
Under £1,000 |
0.10% |
0.10% |
| |
£1,000 to £9,999 |
0.10% |
0.10% |
| |
£10,000 to £24,999 |
0.10% |
0.10% |
| |
£25,000 and over |
0.25% |
0.25% |
| PAWS Club |
Under £100 |
0.10% |
0.10% |
| |
£500 to £999 |
0.10% |
0.10% |
| |
£1,000 and over |
0.10% |
0.10% |
The gross interest rate is the rate of interest we pay before taking off income tax at the rate set by law (currently 20%).
AER stands for ‘annual equivalent rate’ and shows what the yearly rate of interest would be after taking into consideration how often interest is added to the account.