Family savings
Family Easy Access
If your family needs to be flexible when it comes to saving, then the Family Easy Access Account is ideal. Like its name suggests, this account makes it easy to access your day-to-day savings when you want it, and save when you like. You get an attractive rate too.
All you need to know about Family Easy Access
Variable rate
| Account balance |
Gross |
Net |
AER |
|
|
Rates are variable. Current rates are effective from 14/07/08. Minimum balance £1, maximum balance £1 million. The interest rate will be no lower than 1% below Bank Base Rate until 1st January 2010.
Easy access without notice or loss of interest on amount withdrawn. Additional deposits allowed at any time. Family Easy Access is available to families with dependent children (i.e. age up to 16 or 18 if in full time education.) Interest is paid annually on the anniversary of account opening and paid back to the account.
|
| £1 and over |
4.55% |
3.64% |
4.55% |
|
|
Family Regular Saver
Putting aside even a small amount every month could make a big difference when you're saving for something special, such as a holiday or Christmas. It can make an even bigger difference with our Family Regular Saver Account. You can start saving with as little as £1. It's a great way to watch your savings grow.
All you need to know about Family Regular Saver
Variable rate
| Account balance |
Gross |
Net |
AER |
|
|
Rates after the expiry of the first year are variable. 2nd year rates provided for illustrative purposes only. Current rates are effective from 14/07/08. Minimum balance £1, maximum £250 pm (£1million in total). Annual bonus payable provided that 12 consecutive monthly payments and no more than 1 withdrawal pa is made. Available only to families with dependent children (i.e. age up to 16 or 18 if in full time education.) Interest is paid annually on the anniversary of account opening and paid back to the account.
|
£1 and over
(year 1 - fixed rate) Excluding 3% bonus |
5.00
% |
4.00% |
5.00% |
|
£1 and over
(year 1 - fixed rate) Including 3% bonus |
8.00% |
6.40% |
8.00% |
|
£1 and over (after year 1 - variable rate)
Excluding 3% bonus |
2.50% |
2.00% |
2.50% |
|
£1 and over (after year 1 - variable rate)
Including 3% bonus |
5.50% |
4.40% |
5.50% |
|
|
Family Young Saver
Get your kids off to a good start by opening a Family Young Saver Account. Parents, grandparents or guardians can open this account for a child with as little as £1. It's a great way of getting a young person off to a good start in life. Even better, they get an attractive rate.
All you need to know about Family Young Saver
Variable rate
| Account balance |
Gross |
Net |
AER |
|
Rates are variable. Current rates are effective from 14/07/08. Minimum balance £1, maximum £1 million. The interest rate will be no lower than 0.5% below Bank Base Rate until 1st January 2010.
Easy access without notice or loss of interest on amount withdrawn. Cash card available to young people at age 13 Additional deposits allowed at any time. Available only to families with dependent children (i.e. age up to 16 or 18 if in full time education.) Interest is paid annually on the anniversary of account opening and paid back to the account.
|
| £1 and over |
5.30% |
4.24% |
5.30% |
|
|
