Easy Access Savings Accounts
An easy access account is the choice for the general saver who requires the flexibility of penalty-free instant access to their savings.
Accounts Available
Summary of Easy Access Savings Accounts Rates
All Interest rates are variable unless otherwise stated
|
Premium Reward Issue 2 Savings Account |
|
Min Investment Amount |
Investment Amount |
Gross (%) |
AER (%) |
Net (%) |
|
£5,000 |
£200,000 to £350,000 |
3.25 |
|
2.60 |
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£25,000 to £49,999 |
3.05 |
|
2.44 |
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2.40 |
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| Rates effective from 1st December 2008 |
|
Direct Premium Savings Account |
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Account reverts to Premium Reward Issue 2 from 1st December 2008 |
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Direct Easy Access Savings Account |
|
Min Investment Amount |
Investment Amount |
Gross (%) |
AER (%) |
Net (%) |
|
£2,000 |
£50,000 plus |
1.75 |
1.75 |
1.40 |
|
|
£25,000 to £49,999 |
1.30 |
1.30 |
1.04 |
|
|
£10,000 to £24,999 |
1.05 |
1.05 |
0.84 |
|
|
£5,000 to £9,999 |
0.80 |
0.80 |
0.64 |
|
|
£2,000 to £4,999 |
0.65 |
0.65 |
0.52 |
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| Rates effective from 1st December 2008 |
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Branch Instant Savings Account |
|
Min Investment Amount |
Investment Amount |
Gross (%) |
AER (%) |
Net (%) |
|
£100 |
£100 plus |
1.00 |
1.00 |
0.80 |
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| Rates effective from 1st December 2008 |
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|
Classic Gold Savings Account |
|
Min Investment Amount |
Investment Amount
(annual interest) |
Gross (%) |
AER (%) |
Net (%) |
|
£5 |
£50,000 plus |
0.80 |
0.80 |
0.64 |
|
|
£25,000 to £49,999 |
0.70 |
0.70 |
0.56 |
|
|
£10,000 to £24,999 |
0.65 |
0.65 |
0.52 |
|
|
£5,000 to £9,999 |
0.60 |
0.60 |
0.48 |
|
|
£500 to £4,999 |
0.55 |
0.55 |
0.44 |
|
|
£5 to £499 |
0.50 |
0.50 |
0.40 |
|
Min Investment Amount |
Investment Amount (monthly interest) |
Gross (%) |
AER (%) |
Net (%) |
|
£5,000 |
£50,000 plus |
0.80 |
0.80 |
0.64 |
|
|
£25,000 to £49,999 |
0.70 |
0.70 |
0.56 |
|
|
£10,000 to £24,999 |
0.65 |
0.65 |
0.52 |
|
|
£5,000 to £9,999 |
0.60 |
0.60 |
0.48 |
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Rates effective from 1st December 2008
|
Bonus Guarantee Account |
|
Min Investment Amount |
Investment Amount
(annual interest) |
Gross (%) |
AER (%) |
Net (%) |
|
£500 |
£500 plus |
|
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Standard account rate |
|
3.75 |
3.75 |
3.00 |
|
Min Investment Amount |
Investment Amount
(monthly interest) |
Gross (%) |
AER (%) |
Net (%) |
|
£5000 |
£5000 plus |
|
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|
Standard account rate |
|
3.69 |
3.75 |
2.95 |
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More Info - Bonus Guarantee Account |
Rates effective from 17th November 2008
Net rates assume the lower rate of income tax of 20%. These figures are rounded and are for illustrative purposes only.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if the interest was paid and compounded each year.
GROSS: The gross contractual rate of interest before the deduction of tax at the appropriate rate specified by law. Interest will be paid gross to non-taxpayers subject to the required HM Revenue & Customs certification (R85).