Two Year Variable Bond
More information about this account is available
TWO YEAR VARIABLE BOND (Issue 6) - Annual Interest
| Account Balance | AER/Gross % | Net % |
| £100,000 & over | 3.20 | 2.56 |
| £50,000 - £99,999 | 3.20 | 2.56 |
| £25,000 - £49,999 | 2.70 | 2.16 |
| £5,000 - £24,999 | 2.70 | 2.16 |
Rates effective from 1st April 2009
TWO YEAR VARIABLE BOND (Issue 6) - Monthly Interest
| Account Balance | AER % | Gross % | Net % |
| £100,000 & over | 3.14 | 3.10 | 2.48 |
| £50,000 - £99,999 | 3.14 | 3.10 | 2.48 |
| £25,000 - £49,999 | 2.63 | 2.60 | 2.08 |
| £5,000 - £24,999 | 2.63 | 2.60 | 2.08 |
Rates effective from 1st April 2009
Important Information
- Interest rates are variable and calculated on a daily basis. Bonus rates are fixed (unless otherwise stated), calculated on a daily basis and paid annually in accordance with the account terms and conditions.
- 'AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year. As every advert for a savings product will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
- The gross rate is the contractual rate of interest payable before the deduction of income tax at the specified rate.
- 'Net' means the rate of interest payable after income tax is deducted at the appropriate rate, currently 20%.
- Full terms and conditions are available on request.
