Gold Current Account
Overview
A Gold Current Account from Norwich and Peterborough Building Society can offer you:
- Interest paid on credit balances
- Gold Current Account card incorporating a £100 cheque guarantee card, LINK money machine and Visa debit card facilities
- Overdraft, usually £500 (subject to status)
- Personal cheque book
- Free regular statements
- Free banking when you are in credit*
- Direct debits and standing orders (only for payees based in the United Kingdom)
- Bill payment facility
- Gold Current Account is not a share account. You will not become a member of the Society when you open a Gold Current Account.
* In some circumstances charges may be made for certain services.
| Current rates | Gross* | Net** | AER*** | |
|---|---|---|---|---|
| Current rates effective from 24/04/08. | ||||
| Balances of £1 and above | 0.10% | 0.08% | 0.10% | Apply |
| Previous rates | Gross | Net | AER | |
|---|---|---|---|---|
| Previous rates effective from 21/02/08. | ||||
| Balances of £1 and above | 0.40% | 0.32% | 0.40% | |
General conditions - Internet banking
General conditions - savings and investments
Definitions
* Interest will be paid gross (that is before the deduction of income tax) to non-taxpayers subject to eligibility and the required registration. Otherwise interest will be paid after deduction of income tax at the appropriate rate. Please note that gross interest can only be paid to customers aged 16 or over if they are the named account holder.
** Net rates (that is after the deduction of income tax) shown are for illustrative purposes only. The interest you earn on this account will currently be taxed at the rate of 20%.
*** AER means Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year.