With the exception of Fixed Rate Savings accounts, the interest rates listed above are variable and can change at any time. You will be notified of any detrimental changes within a reasonable notice period before the effective date by personal notice.
Gross means the contractual rate of interest payable. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Interest earned on ISAs is tax-free as long as the statutory conditions of the scheme are not breached. Tax treatment depends on your individual circumstances and may be subject to change in the future.
On all notice accounts we will ensure the minimum interest rate paid will not be lower than 3% below the Bank of England Base Rate. If a change in the Base Rate results in a breach of this commitment, we will increase the interest rate within two calendar months. We will give you at least 90 days notice if we intend to change this condition.