Interest rates: Variable Rate bond 4

No longer avaliable

Current interest rates

Effective 29 March 2009

Balance £	Interest Type	Tracking Rate % above/below BoE Base Rate	Gross Rate P.A % (variable)	Net Rate P.A % (variable)	AER % (variable)
£100 and above	Annual interest	+ 0.75%	1.25%	1.00%	1.25%
£100 and above	Monthly interest		1.24%	0.99%	1.25%

Interest rate guaranteed to be 0.75% above the Bank of England base rate (0.50%)

• See all accounts interest rates

Previous interest rates

Effective 22 February 2009

Balance £	Interest Type	Tracking Rate % above/below BoE Base Rate	Gross Rate P.A % (variable)	Net Rate P.A % (variable)	AER % (variable)
£100 and above	Annual interest	+ 0.75%	1.75%	1.40%	1.75%
£100 and above	Monthly interest		1.74%	1.39%	1.75%

Interest rate guaranteed to be 0.75% above the Bank of England base rate (1.00%)

• See all accounts interest rates

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.

Net: Interest on investments and savings amounts is payable net of income tax, which means after the deduction of income tax at the lower rate of 20%, or subject to the required registration gross.

• Interest rates for all savings accounts

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