Closed issue accounts - Internet
NetMaster Business (Deposit) Account
An internet operated deposit account for Business Gold Account customers (excluding sole traders). In order to use this service you will need to have a Business Gold Account. Further information.
Current rates
| Account balance | Gross* | Net** | AER*** |
|---|---|---|---|
|
Current interest rates effective from 24/04/08 |
|||
| £1 - £100,000 | 3.25% | 2.60% | 3.25% |
Previous rates
| Account balance | Gross* | Net** | AER*** |
|---|---|---|---|
| Previous interest rates effective from 21/02/08. | |||
| £1 - £100,000 | 3.60% | 2.88% | 3.60% |
NetmasterGold Business Deposit
An internet operated deposit account for Business Gold Account customers (excluding individuals e.g. sole traders). In order to use this service you will require a Business Gold Account. Further information.
Current rates
| Account balance | Gross* | Net** | AER*** |
|---|---|---|---|
| Current interest rates effective from 24/04/08. | |||
| £1 - £100,000 | 3.25% | 2.60% | 3.25% |
Previous rates
| Account balance | Gross* | Net** | AER*** |
|---|---|---|---|
| Previous interest rates effective from 21/02/08. | |||
| £1 - £100,000 | 3.60% | 2.88% | 3.60% |
NetmasterGold Saver
An internet operated investment account for individuals with a Society Gold Current Account and sole traders with a Business Gold Account. Further information.
Current rates
| Account balance | Gross* | Net** | AER*** |
|---|---|---|---|
| Current interest rates effective from 24/04/08. | |||
| £1 - £20,000 | 4.50% | 3.60% | 4.50% |
Previous rates
| Account balance | Gross* | Net** | AER*** |
|---|---|---|---|
| Previous interest rates effective from 21/02/08. | |||
| £1 - £20,000 | 4.85% | 3.88% | 4.85% |
NetMaster Saver
An internet operated investment account exclusive to individuals using the NetMaster Service. In order to use this service you will need a Gold Current Account. This is also available to sole traders with a Business Gold Account. Further information.
Current rates
| Account balance | Gross* | Net** | AER*** |
|---|---|---|---|
| Current interest rates effective from 24/04/08. | |||
| £1 - £20,000 | 4.50% | 3.60% | 4.50% |
Previous rates
| Account balance | Gross* | Net** | AER*** |
|---|---|---|---|
| Previous interest rates effective from 21/02/08. | |||
| £1 - £20,000 | 4.85% | 3.88% | 4.85% |
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.