Variable rate of 1.20% AER/Gross*
Free, unlimited withdrawals
Minimum initial deposit of £500, maximum deposit of £250,000
Interest calculated daily and paid either annually or monthly**
All deposits and withdrawals must be made from and to a linked personal UK bank or building society account in your name.
*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 1.19% Gross (1.20% AER).