.
- minimum balance £500
- interest added yearly on 31st March
- variable tiered interest for higher balances
- pay into the account at any time
- provided a minimum balance of £15,000 remains after a withdrawal, you can withdraw up to £500 each day in cash and up to £99,999.99 by crossed cheque, without notice or penalty.
- where the balance will be reduced to below £15,000, 30 days notice of withdrawal is required. Alternatively you can withdraw up to £500 in cash or £99,999.99 by crossed cheque without notice, subject to the loss of 30 days interest on the amount withdrawn.
- cheques for larger amounts are normally available the following day
minimum balance |
gross interest (1) / AER (2) |
net interest (3) |
|---|---|---|
£100,000 |
4.40% |
3.52% |
£50,000 |
4.35% |
3.48% |
£25,000 |
4.10% |
3.28% |
£10,000 |
3.85% |
3.08% |
£5,000 |
3.60% |
2.88% |
£500 |
3.30% |
2.64% |
(0845) 602 3462
