Savings Accounts

Platinum Account

If you are aged 55 or over then this is the saving account for you. We recognise that you may want something different from a saving account so we are offering a competitive rate.

Minimum Investment
Miniumum Operating Balance		 £10,000
  £5,000
Maximum Investment £50,000
Investment Band AER Gross p.a. Net p.a.
£5,000 to £25,000 5.10% 5.10% 4.08%
£25,001 and over 5.35% 5.35% 4.28%
 

Variable interest paid annually

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest is paid and added to your account each year. The Net rate is the rate of interest that would be payable after allowing for the deduction of income tax at the specified rate.