Closed issue - Easy access
Canary (Deposit) Account
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time. Further Information |
| £100,000 and over |
4.05% |
3.24% |
4.05% |
| £50,000 - £99,999 |
3.55% |
2.84% |
3.55% |
| £25,000 - £49,999 |
3.15% |
2.52% |
3.15% |
| £5,000 - £24,999 |
2.80% |
2.24% |
2.80% |
| £2,500 - £4,999 |
2.55% |
2.04% |
2.55% |
| Up to £2,499 |
2.30% |
1.84% |
2.30% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous
rates effective from 21/02/08.
Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time. Further Information |
| £100,000 and over |
4.30% |
3.44% |
4.30% |
| £50,000 - £99,999 |
3.80% |
3.04% |
3.80% |
| £25,000 - £49,999 |
3.40% |
2.72% |
3.40% |
| £5,000 - £24,999 |
3.05% |
2.44% |
3.05% |
| £2,500 - £4,999 |
2.80% |
2.24% |
2.80% |
| Up to £2,499 |
2.55% |
2.04% |
2.55% |
Elite Interest Account
For the reinvestment of interest in a Norwich and Peterborough TESSA at maturity.
On maturity any money in a Fixed Rate Bond, Fixed Rate Loyalty Bond or Children's Loyalty Bond will be moved to an Elite Interest Account. Further Information
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rate effective from 24/04/08.
The interest rate that we pay on this account may go up and down from time to time.
Interest paid annually on 1st January.
Easy access to your money without notice or loss of interest on the amount withdrawn. Further Information |
| Elite Interest Account |
2.60% |
2.08% |
2.60% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous
rates effective from 21/02/08.
The interest rate that we pay on this account may go up and down from time to time.
Interest paid annually on 1st January.
Easy access to your money without notice or loss of interest on the amount withdrawn. Further Information |
| Elite Interest Account |
2.850% |
2.28% |
2.85% |
Clients' Reserve
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates are effective from 24/04/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time.
While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further information |
| £100,000 and over |
3.10% |
2.48% |
3.10% |
| £25,000 - £99,999 |
2.85% |
2.28% |
2.85% |
| £5,000 - £24,999 |
2.60% |
2.08% |
2.60% |
| £100 - £4,999 |
2.35% |
1.88% |
2.35% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous
rates effective from 21/02/08. |
| £100,000 and over |
3.45% |
2.76% |
3.45% |
| £25,000 - £99,999 |
3.20% |
2.56% |
3.20% |
| £5,000 - £24,999 |
2.95% |
2.36% |
2.95% |
| £100 - £4,999 |
2.70% |
2.16% |
2.70% |
Deposit / Share Account (Personal)
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time.
While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further information |
| £100,000 and over |
3.05% |
2.44% |
3.07% |
| £25,000 -£99,999 |
2.80% |
2.24% |
2.82% |
| £5,000 - £24,999 |
2.55% |
2.04% |
2.56% |
| £100 - £4,999 |
2.30% |
1.84% |
2.31% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous
rates effective from 21/02/08. |
| £100,000 and over |
3.40% |
2.72% |
3.42% |
| £25,000 - £99,999 |
3.15% |
2.52% |
3.17% |
| £5,000 - £24,999 |
2.90% |
2.32% |
2.92% |
| £100 - £4,999 |
2.65% |
2.12% |
2.66% |
Gold Current Account (Deposit)
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
|
Current rates effective from 24/04/08.
The Gold Account pays tiered rates of interest - the more you save the more you could earn. Interest is calculated on the amount in each band.
The interest rates that we pay on this account may go up and down from time to time. Further Information
*At the end of every month we will work out how much money has been paid into your account on average each month over the last 3 calendar months. If the average is £500 or more for each of the 3 calendar months, we will pay you interest at the higher rate of interest for credit balances while your account is in credit and we will charge you the lower rate of interest for overdrawn balances while your account is overdrawn provided that it is within your approved overdraft limit. You will also not be charged the usual monthly overdraft fee if you are within your approved overdraft limit. Any change in the interest rate that we pay you while your account is in credit and any change in the interest rate that we charge you while your account is overdrawn within your approved overdraft limit will be effective from the first day of the calendar month following the date on which the calculation is made. We will not usually write to let you know how much you are paying into your account on average each calendar month, but you can ask us to tell you this at any time.
When your account is first opened we will wait for 3 full calendar months before we do the calculation described above. In the meantime we will pay you interest at the rate appropriate to the amount of money you tell us you expect to pay into your account each month.
For example: If a Gold account was opened on 1st January 2004.
Amount paid
into account |
Jan 2004 |
Feb 2004 |
Mar 2004 |
Apr 2004 |
| Account A |
£600 |
£600 |
£700 |
£600 |
| Account B |
£500 |
£300 |
£400 |
£800 |
At the start of April, we would review the account for January, February and March to establish the average amount paid into it each month. The interest rate paid from 1st April would then be adjusted (if necessary), as would the interest rate charged on any overdrawn balance. In the example above, Account A would continue to receive the higher rate of interest on credit balances, having paid in an average of over £600 per month. Account B would, from 1st April, receive the lower rate of interest on credit balances, having an average of only £400 being paid in each month.
This process would be repeated each month on a rolling basis e.g. in May we would calculate the average amount credited to the account in February, March and April.
|
| Pay in £1,500 or more each month** (Balance £1 - £5,000) |
3.95% |
3.16% |
4.02% |
| Balance over £5,000 |
0.10% |
0.08% |
0.10% |
| If you pay in £500 or more each more each month |
2.95% |
2.36% |
2.99% |
| If you pay in less than £500 each month - Balance over £5000 |
0.10% |
0.08% |
0.10% |
| If you pay in less than £500 each month - balances below £5000 |
0.10% |
0.08% |
0.10% |
| Basic banking customer |
0.10% |
0.08% |
0.10% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
|
Previous
rates effective from 21/02/08.
The Gold Account pays tiered rates of interest - the more you save the more you could earn. Interest is calculated on the amount in each band.
The interest rates that we pay on this account may go up and down from time to time. Further Information
|
| Pay in £1,500 or more each month** (Balance £1 - £5,000) |
4.20% |
3.36% |
4.28% |
| Balance over £5,000 |
0.25% |
0.20% |
0.25% |
| If you pay in £500 or more each month |
3.20% |
2.56% |
3.24% |
| If you pay in less than £500 each month - balances over £5,000 |
0.25% |
0.20% |
0.25% |
| If you pay in less than £500 each month - balances below £5,000 |
0.40% |
0.32% |
0.40% |
| Basic banking customer |
0.10% |
0.08% |
0.10% |
Gross Non-Resident (for Non-UK Taxpayers)
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08.
Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time.
While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further Information |
| £100,00 and over |
2.10% |
% |
2.10% |
| £50,000 - £99,999 |
1.85% |
% |
1.85% |
| £25,000 - £49,999 |
1.55% |
% |
1.55% |
| £10,000 - £24,999 |
1.25% |
% |
1.25% |
| £50 - £9,999 |
0.95% |
% |
0.95% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous rates effective from 21/02/08. Further Information |
| £100,000 and over |
2.45% |
% |
2.45% |
| £50,000 - £99,999 |
2.20% |
% |
2.20% |
| £25,000 - £49,999 |
1.90% |
% |
1.90% |
| £10,000 - £24,000 |
1.60% |
% |
1.60% |
| £50 - £9,999 |
1.30% |
% |
1.30% |
High Rise (Deposit) Account
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time. While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further Information |
| £100,000 and over |
2.10% |
1.68% |
2.10% |
| £50,000 - £99,999 |
1.85% |
1.48% |
1.85% |
| £25,000 - £49,999 |
1.55% |
1.24% |
1.55% |
| £10,000 - £24,999 |
1.25% |
1.00% |
1.25% |
| £100 - £9,999 |
0.95% |
0.76% |
0.95% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous
rates effective from 21/02/08.
Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time.
While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further Information |
| £100,000 and over |
2.45% |
1.96% |
2.45% |
| £50,000 - £99,999 |
2.20% |
1.76% |
2.20% |
| £25,000 - £49,999 |
1.90% |
1.52% |
1.90% |
| £10,000 - £24,999 |
1.60% |
1.28% |
1.60% |
| £100 - £9,999 |
1.30% |
1.04% |
1.30% |
High Rise Account
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time.
While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further information |
| £100,000 and over |
2.10% |
1.68% |
2.10% |
| £50,000 - £99,999 |
1.85% |
1.48% |
1.85% |
| £25,000 - £49,999 |
1.55% |
1.24% |
1.55% |
| £10,000 - £24,999 |
1.25% |
1.00% |
1.25% |
| £100 - £9,999 |
0.95% |
0.76% |
0.95% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous rates effective from 21/02/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time. Further information |
| £100,000 and over |
2.45% |
1.964% |
2.45% |
| £50,000 - £99,999 |
2.20% |
1.76% |
2.20% |
| £25,000 - £49,999 |
1.90% |
1.52% |
1.90% |
| £5,000 - £24,999 |
1.60% |
1.28% |
1.60% |
| £100 - £9,999 |
1.30% |
1.04% |
1.30% |
Investment Plus Account
Available only to those who had invested in Investment Plus which consisted of the Investment Plus Account and the Classic Investment Bond
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time. While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further Information |
| £1,000 and over |
3.25% |
2.60% |
3.25% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous rates effective from 21/02/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time. While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further Information |
| £1,000 and over |
3.60% |
2.88% |
3.60% |
Investment share
An easy access savings account.
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08.
A bonus will be paid on balances of £100 or over. The total return, i.e. interest and bonus, on a balance of £100 or more will be equal to the interest paid for the same balance in a High Rise Account. Further Information |
| Up to £99 |
0.25% |
0.20% |
0.25% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous rates effective from 21/02/08.
A bonus will be paid on balances of £100 or over. The total return, i.e. interest and bonus, on a balance of £100 or more will be equal to the interest paid for the same balance in a High Rise Account. Further Information |
| Up to £99 |
0.25% |
0.20% |
0.25% |
Prestige 30
Prestige 30 is ideal for savers who want easy access to their money. Further Information
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08.
Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time. While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained.
Further information |
| £100,000 and over |
2.80% |
2.24% |
2.80% |
| Monthly income option |
2.77% |
2.21% |
2.80% |
| £50,000 - £99,999 |
2.60% |
2.08% |
2.60% |
| Monthly income option |
2.57% |
2.05% |
2.60% |
| £25,000 - £49,999 |
2.35% |
1.88% |
2.35% |
| Monthly income option |
2.33% |
1.86% |
2.35% |
| £10,000 - £24,999 |
2.10% |
1.68% |
2.10% |
| Monthly income option |
2.08% |
1.66% |
2.10% |
| £5,000 - £9,999 |
1.80% |
1.44% |
1.80% |
| Monthly income option |
1.79% |
1.43% |
1.80% |
| £2,500 - £4,999 |
1.55% |
1.24% |
1.55% |
| Monthly income option |
1.54% |
1.23% |
1.55% |
| £500 - £2,499 |
1.55% |
1.24% |
1.55% |
| Monthly income option |
1.54% |
1.23% |
1.55% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous rates effective from 21/02/08.
A bonus will be paid on balances of £100 or over. The total return, i.e. interest and bonus, on a balance of £100 or more will be equal to the interest paid for the same balance in a High Rise account. Further Information |
| £100,000 and over |
3.15% |
2.52% |
3.15% |
| Monthly income option |
3.11% |
2.48% |
3.15% |
| £50,000 - £99,999 |
2.95% |
2.36% |
2.95% |
| Monthly income option |
2.92% |
2.33% |
2.95% |
| £25,000 - £49,999 |
2.70% |
2.16% |
2.70% |
| Monthly income option |
2.67% |
2.13% |
2.70% |
| £10,000 - £24,999 |
2.45% |
1.96% |
2.45% |
| Monthly income option |
2.43% |
1.94% |
2.45% |
| £5,000 -£9,999 |
2.15% |
1.72% |
2.15% |
| Monthly income option |
2.13% |
1.70% |
2.15% |
| £2,500 - £4,999 |
1.90% |
1.52% |
1.90% |
| Monthly income option |
1.89% |
1.51% |
1.90% |
| £500 - £25,000 |
1.70% |
1.36% |
1.70% |
| Monthly income option |
1.69% |
1.35% |
1.70% |
Special 50
Special 50 account offers a guaranteed higher rate of interest than the Investment Share Account with a monthly income option. Further Information
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time.
Guaranteed to pay a minimum of 3.65% above standard Investment Share Rate. Further Information |
| £5,000 and over - Annual Interest option |
3.90% |
3.12% |
3.90% |
| £5,000 and over - Monthly Interest option |
3.90% |
3.12% |
3.97% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous rates effective from 21/02/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time.
Guaranteed to pay a minimum of 3.65% above standard Investment Share Rate. Further Information |
| £5,000 and over - Annual Interest option |
3.95% |
3.16% |
3.95% |
| £5,000 and over - Monthly Interest option |
3.95% |
3.16% |
4.02% |
Special 85
Designed to provide you with tiered rates of interest and a monthly income option. Further Information
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time. While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further Information |
| £100,000 and over |
3.40% |
2.72% |
3.40% |
| Monthly income option |
3.40% |
2.72% |
3.45% |
| £50,000 - £99,999 |
3.06% |
2.44% |
3.06% |
| Monthly income option |
3.06% |
2.44% |
3.10% |
| £25,000 - £49,999 |
2.82% |
2.25% |
2.82% |
| Monthly income option |
2.82% |
2.25% |
2.85% |
| £10,000 - £24,999 |
2.57% |
2.05% |
2.57% |
| Monthly income option |
2.57% |
2.05% |
2.60% |
| £5,000 - £9,999 |
2.13% |
1.70% |
2.13% |
| Monthly income option |
2.13% |
1.70% |
2.15% |
| £500 - £4,999 |
2.13% |
1.70% |
2.13% |
| Monthly income option |
2.13% |
1.70% |
2.15% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous rates effective from 21/02/08. Tiered rates of interest - the more you save, the more you could earn. The interest rates that we pay on this account may go up and down from time to time. While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further Information |
| £100,000 and over - Annual Income |
3.74% |
2.99% |
3.74% |
| Monthly income option |
3.74% |
2.99% |
3.80% |
| £50,000 - £99,999 - Annual Income |
3.40% |
2.72% |
3.40% |
| Monthly income option |
3.40% |
2.72% |
3.45% |
| £25,000 - £49,999 - Annual Income |
3.16% |
2.52% |
3.16% |
| Monthly income option |
3.16% |
2.52% |
3.20% |
| £10,000 - £24,999 - Annual Income |
2.92% |
2.33% |
2.92% |
| Monthly income option |
2.92% |
2.33% |
2.95% |
| £5,000 - £9,999 - Annual Income |
2.43% |
1.94% |
2.43% |
| Monthly income option |
2.43% |
1.94% |
2.45% |
| £500 - £4,999 - Annual Income |
2.28% |
1.82% |
2.28% |
| Monthly income option |
2.28% |
1.82% |
2.30% |
Two Cities
The Two Cities account offers a guaranteed higher rate of interest than the Investment Share Account with a monthly income option. Further Information
Current rates
| Account balance |
Gross* |
Net** |
AER*** |
| Current rates effective from 24/04/08.
Guaranteed differential of 3.05% gross above the gross basic Investment Share rate (excluding bonus interest rates) as varied from time to time (please ask staff for details).
While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further Information |
| £500 and over - Annual interest option |
3.30% |
2.64% |
3.30% |
| £500 and over - Monthly interest option |
3.30% |
2.64% |
3.35% |
Previous rates
| Account balance |
Gross* |
Net** |
AER*** |
| Previous rates effective from 21/02/08.
Guaranteed differential of 3.05% gross above the gross basic Investment Share rate (excluding bonus interest rates) as varied from time to time (please ask staff for details).
While the balance is below the minimum investment, the interest rate payable will be the same as that payable for our Investment Share account (excluding bonus interest rates) as varied from time to time (please call 0845 300 2511 for details). We also reserve the right to close the account if the minimum investment is not maintained. Further Information |
| £500 and over - Annual interest option |
3.35% |
2.68% |
3.35% |
| £500 and over - Monthly interest option |
3.35% |
2.68% |
3.40% |
Definitions
