Instant Access Cash ISA
| Account | Effective from | Min Balance (1) | Gross % p.a. (2) | Net % p.a. (3) | A.E.R. % p.a. (4) | Notes |
|---|---|---|---|---|---|---|
| current rates | ||||||
| Instant Access Cash ISA | 07/05/2008 | £1 | 4.29 | - | 4.29 | see below |
Rates guaranteed to be no less than 2% below the Bank of England Base Rate. 1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a. 2. The gross rate is the contractual rate of interest payable where interest is exempt from income tax. 3. Please see note 2. 4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year. | ||||||
| previous rates | ||||||
| Instant Access Cash ISA | 08/03/2008 | £1 | 4.54 | - | 4.54 | see below |
Rates guaranteed to be no less than 2% below the Bank of England Base Rate. 1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a. 2. The gross rate is the contractual rate of interest payable where interest is exempt from income tax. 3. Please see note 2. 4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year. | ||||||
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