What is the interest rate?
6 months | 12 months | 2 years | |
Interest rate The gross rate is the interest rate before the deduction of income tax. AER stands for Annual Equivalent Rate. It shows what the interest rate would be if interest were paid and added to your account each year. | 3.56% Gross / 3.60% AER fixed | 4.25% Gross / AER fixed | 3.97% Gross / 3.90% AER fixed |
Interest is calculated daily.
The interest rate is fixed for the duration of the fixed term deposit and paid in one sum at the end of the term.
If you decide to deposit your money with us again once the term ends this rate may change. If this happens, we will give you a new summary box and an extra 7 days to decide if the rate is right for you.