Special Interest Deposit Account - Rates
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| Account | Frequency interest paid | Rate bands £ | Previous rates (variable) | Current rates (variable) | ||
|---|---|---|---|---|---|---|
| Gross % | AER % | Gross % | AER % | |||
| Special Interest Deposit Account | Annually in October | Balances between 0 and 15,000 | 3.00 | 3.00 | 2.50 | 2.50 | Remainder of balance above 15,000 - 100,000 | 1.50 | 1.50 | 1.00 | 1.00 |
Gross is the interest rate paid before the deduction of tax.
Annual equivalent rate (AER) illustrates what the interest rate would be if paid and compounded each year.
