Variable rate of 1.10% AER/Gross*.
Free, unlimited withdrawals.
Minimum initial deposit £500, maximum deposit £250,000.
Interest calculated daily and paid either annually or monthly**.
*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross is the rate of interest payable before any income tax is deducted (if a UK taxpayer). Variable rates may change.
**The monthly interest option pays a marginally lower interest rate of 1.09% Gross (1.10% AER).