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Interest rates: Advantage 50+ Saver
Current interest rates
Effective 13 April 2008
| Balance £ |
Interest Type |
Gross Rate P.A. %
(variable) |
Net Rate P.A. %
(variable) |
AER %
(variable) |
| £100,000 and above |
Annual Interest |
5.25% |
4.20% |
5.25% |
| £50,000 to £99,999 |
Annual Interest |
5.05% |
4.04% |
5.05% |
| £25,000 to £49,999 |
Annual Interest |
4.90% |
3.92% |
4.90% |
| £5,000 to £24,999 |
Annual Interest |
4.65% |
3.72% |
4.65% |
| Balance £ |
Interest Type |
Gross Rate P.A. %
(variable |
Net Rate P.A. %
(variable) |
AER %
(variable) |
| £100,000 and above |
Monthly Interest |
5.13% |
4.10% |
5.25% |
| £50,000 to £99,999 |
Monthly Interest |
4.94% |
3.95% |
5.05% |
| £25,000 to £49,999 |
Monthly Interest |
4.79% |
3.83% |
4.90% |
| £5,000 to £24,999 |
Monthly Interest |
4.55% |
3.64% |
4.65% |
Previous interest rates
Effective 10 February 2008
| Balance £ |
Interest Type |
Gross Rate P.A. %
(variable) |
Net Rate P.A. %
(variable) |
AER %
(variable) |
| £100,000 and above |
Annual Interest |
5.50% |
4.40% |
5.50% |
| £50,000 to £99,999 |
Annual Interest |
5.30% |
4.24% |
5.30% |
| £25,000 to £49,999 |
Annual Interest |
5.15% |
4.12% |
5.15% |
| £5,000 to £24,999 |
Annual Interest |
4.90% |
3.92% |
4.90% |
| Balance £ |
Interest Type |
Gross Rate P.A. %
(variable |
Net Rate P.A. %
(variable) |
AER %
(variable) |
| £100,000 and above |
Monthly Interest |
5.37% |
4.30% |
5.50% |
| £50,000 to £99,999 |
Monthly Interest |
5.18% |
4.14% |
5.30% |
| £25,000 to £49,999 |
Monthly Interest |
5.03% |
4.02% |
5.15% |
| £5,000 to £24,999 |
Monthly Interest |
4.79% |
3.83% |
4.90% |
AER stands for Annual Equivalent Rate and shows you what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.
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