Interest rates: Postal Saver
Current rates
(effective 29 March 2009)
| Balance (£) |
Annual Interest Rates |
Monthly Interest Rates |
| Gross
Gross rate p.a.
Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration. |
Net
Net rate p.a.
Interest rate payable after the deduction of income tax, at the lower rate of 20%.
|
AER
AER
Annual Equivalent Rate shows 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. |
Gross
Gross rate p.a.
Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration. |
Net
Net rate p.a.
Interest rate payable after the deduction of income tax, at the lower rate of 20%.
|
AER
AER
Annual Equivalent Rate shows 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. |
| £100,000 and above |
1.25% |
1.00% |
1.25% |
1.24% |
0.99% |
1.25% |
| £50,000 - £99,999 |
1.15% |
0.92% |
1.15% |
1.14% |
0.91% |
1.15% |
| £25,000 - £49,999 |
1.00% |
0.80% |
1.00% |
0.99% |
0.79% |
1.00% |
| £10,000 - £24,999 |
0.90% |
0.72% |
0.90% |
0.89% |
0.71% |
0.90% |
| £1,000 - £9,999 |
0.50% |
0.40% |
0.50% |
0.49% |
0.39% |
0.50% |
| £100 - £999 |
0.25% |
0.20% |
0.25% |
0.24% |
0.19% |
0.25% |
Previous rates
(effective 22 February 2009)
| Balance (£) |
Annual Interest Rates |
Monthly Interest Rates |
| Gross
Gross rate p.a.
Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration. |
Net
Net rate p.a.
Interest rate payable after the deduction of income tax, at the lower rate of 20%.
|
AER
AER
Annual Equivalent Rate shows 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. |
Gross
Gross rate p.a.
Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration. |
Net
Net rate p.a.
Interest rate payable after the deduction of income tax, at the lower rate of 20%.
|
AER
AER
Annual Equivalent Rate shows 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. |
| £100,000 and above |
1.60% |
1.28% |
1.60% |
1.59% |
1.27% |
1.60% |
| £50,000 - £99,999 |
1.50% |
1.20% |
1.50% |
1.49% |
1.19% |
1.50% |
| £25,000 - £49,999 |
1.35% |
1.08% |
1.35% |
1.34% |
1.07% |
1.35% |
| £10,000 - £24,999 |
1.25% |
1.00% |
1.25% |
1.24% |
0.99% |
1.25% |
| £1,000 - £9,999 |
0.85% |
0.68% |
0.85% |
0.84% |
0.67% |
0.85% |
| £100 - £999 |
0.25% |
0.20% |
0.25% |
0.24% |
0.19% |
0.25% |
Interest rates are variable. All rates shown are per annum.
Gross rate p.a.
Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration.
Net rate p.a.
Interest rate payable after the deduction of income tax, at the lower rate of 20%.
AER
AER stands for Annual Equivalent Rate and shows 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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