Account summary and rates - Overview
| Account | Frequency interest paid | Rate bands £ | Current rates (variable) | |
|---|---|---|---|---|
| Gross % | AER % | |||
| eSavings | Monthly | 0-1,000,000 | 1.24 | 1.25 |
| Direct Saver (excluding 12 month conditional introductory bonus of 0.53%) | Monthly | 5,000-1,000,000 | 0.96 | 0.96 |
| Direct Saver (including 12 month conditional introductory bonus of 0.53%) | Monthly | 5,000-1,000,000 | 1.49* | 1.50* |
| Easy Access Savings | Annually in October | 1+ | 0.01 | 0.01 |
| Loyalty Saver (excluding annual conditional bonus) | Annually in January | 25,000-1,000,000 | 0.70 | 0.70 | 2,000-24,999 | 0.25 | 0.25 |
| Loyalty Saver (including annual conditional bonus) | Annually in January | 25,000-1,000,000 | 1.70 | 1.70 | 2,000-24,999 | 1.25 | 1.25 |
| Cash ISA | Annually in October | 35,000+ | 2.25 | 2.25 | 25,000-34,999 | 1.25 | 1.25 |
| 15,000-24,999 | 0.75 | 0.75 | ||
| 1-14,999 | 0.50 | 0.50 | ||
| Cash ISA Plus | Annually in October (excluding 12 month introductory bonus) | 1 + | 1.00 | 1.00 |
| Cash ISA Plus | Annually in October (including 12 month introductory bonus) | 1 + | 1.75~ | 1.75~ |
| urfirst account | Annually in October | 5+ | 0.50 | 0.50 |
| Special Interest Deposit Account | Annually in October | Balances between 0 and 15,000 | 2.50 | 2.50 | Remainder of balance above 15,000 - 100,000 | 1.00 | 1.00 |
All rates are subject to variation and are correct at time of posting to site, 15 March 2013.
* Includes conditional introductory bonus of 0.53% Gross/AER applies to accounts opened from 22 November 2012, and is paid each month for 12 months from the date the account is first opened.
~ Includes introductory bonus of 0.75% Gross/AER (fixed). Applies to accounts opened from 22 January 2013.
Should an account balance fall below any minimum balance requirement, we will pay interest at the minimum (nominal) savings account rate, as our published tariff states. The minimum (nominal) savings rate is 0.01% gross.
Full information on interest rate changes can be obtained from any member of staff in all Ulster Bank branches or by telephoning Anytime Banking.
Interest will normally be paid after deduction of tax, except for Cash ISA Plus, Cash ISA and Cash ISA - Tessa Funds, at whatever applicable rate is required by law. Where non-residents are permitted to hold a deposit account they will be paid interest as per the published gross rates. If you are a non-taxpayer, you may be able to register for interest without tax being deducted by providing Ulster Bank with the registration form required by HMRC. These are available from any of our branches.
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.