Closed Issue Special Accounts - all you need to know

Quantum Closed Issue accounts

Quantum 13th Issue
Quantum 14th Issue
Quantum 15th Issue
Quantum 16th Issue
Quantum 17th Issue
Quantum 18th Issue
Quantum 19th Issue
Quantum 20th Issue

Quantum 13th Issue

  • Can be operated on the Internet
  • Quantum 13th Issue matures on 29th February 2008
  • Interest rates guaranteed to increase
  • Interest paid annually on 1st January
  • Minimum investment and balance £1,000 1
  • Maximum investment and balance £25,000 per person (£50,000 for joint accounts)
  • Only one account may be held per person
  • Access to your money without loss of interest on 50 days' notice or easy access to your money subject to loss of a sum equivalent to 50 days' interest on amount withdrawn
  • On maturity, money in your Quantum account will be transferred into the variable rate Elite Interest holding account (unless we let you know otherwise) where you will have easy access to your money without notice or loss of interest
  • Share account, for personal customers only

Quantum 14th Issue

  • Can be operated on the Internet
  • Quantum 14th Issue matures on 31st August 2008
  • Interest rate guaranteed to increase until maturity
  • Interest paid annually on 1st January
  • Minimum investment and balance £1,000 1
  • Maximum investment and balance £25,000 per person (£50,000 for joint accounts)
  • Only one account may be held per person
  • Access to your money without loss of interest on 50 days' notice or easy access to your money subject to loss of a sum equivalent to 50 days' interest on amount withdrawn
  • On maturity, money in your Quantum account will be transferred into the variable rate Elite Interest holding account (unless we let you know otherwise) where you will have easy access to your money without notice or loss of interest
  • Share account, for personal customers only

Quantum 15th Issue

  • Can be operated on the Internet
  • Quantum 15th Issue matures on 31st March 2009
  • Interest rate guaranteed to increase until maturity
  • Interest paid annually on 1st January
  • Minimum investment and balance £1,0001
  • Maximum investment and balance £25,000 per person (£50,000 for joint accounts)
  • Only one account may be held per person
  • Access to your money without loss of interest on 50 days' notice or easy access to your money subject to loss of a sum equivalent to 50 days' interest on amount withdrawn
  • On maturity, money in your Quantum account will be transferred into the variable rate Elite Interest holding account (unless we let you know otherwise) where you will have easy access to your money without notice or loss of interest
  • Share account, for personal customers only

Quantum 16th Issue

  • Can be operated on the Internet
  • Quantum 16th Issue matures on 31 January 2010
  • Interest rate guaranteed to increase each year until maturity
  • Interest paid annually on 1 January
  • Minimum investment and balance £1,0001
  • Maximum investment and balance £25,000 per person (£50,000 for joint accounts)
  • Only one account may be held per person
  • Access to your money without loss of interest on 90 days' notice or easy access to your money subject to loss of a sum equivalent to 90 days' interest on amount withdrawn
  • On maturity, money in your Quantum account will be transferred into the variable rate Elite Interest holding account (unless we let you know otherwise) where you will have easy access to your money without notice or loss of interest
  • Share account, for personal customers only

Quantum 17th Issue

  • Can be operated on the Internet
  • The interest rates are guaranteed to increase until 30 September 2010.
  • On 1 October 2010 the guaranteed rate will no longer apply, and your Quantum savings will be moved into our variable rate Elite Interest account (unless we let you know otherwise) where you will have easy access to your money without notice or loss of interest. 1
  • Interest paid annually on 1 January
  • Minimum investment and balance £1,000
  • Maximum investment and balance £25,000 per person (£50,000 for joint accounts).
  • Only one account may be held per person
  • Access to your money without loss of interest on 90 days' notice or easy access to your money subject to loss of a sum equivalent to 90 days' interest on amount withdrawn

Quantum 18th Issue

  • Available only to existing quantum 10th Issue customers
  • Passbook account
  • Quantum 18th Issue matures on 30 April 2011
  • Interest rate guaranteed to increase each year until maturity
  • Interest paid annually on 1 January
  • Minimum investment and balance £1,0001
  • Maximum investment and balance £25,000 per person (£50,000 for joint accounts)
  • Only one account may be held per person
  • Access to your money without loss of interest on 50 days' notice or easy access to your money subject to loss of a sum equivalent to 50 days' interest on amount withdrawn
  • On maturity 1 May 2011, money in your Quantum account will be transferred into the variable rate Elite Interest holding account (unless we let you know otherwise) where you will have easy access to your money without notice or loss of interest
  • Share account, for personal customers only

Quantum 19th Issue

  • Available only to existing quantum 11th Issue customers
  • Passbook account
  • Quantum 19th Issue matures on 31 March 2012
  • Interest rate guaranteed to increase each year until maturity
  • Interest paid annually on 1 January
  • Minimum investment and balance £1,0001
  • Maximum investment and balance £25,000 per person (£50,000 for joint accounts)
  • Only one account may be held per person
  • Access to your money without loss of interest on 50 days' notice or easy access to your money subject to loss of a sum equivalent to 50 days' interest on amount withdrawn
  • On maturity, 1 April 2012, money in your Quantum account will be transferred into the variable rate Elite Interest holding account (unless we let you know otherwise) where you will have easy access to your money without notice or loss of interest
  • Share account, for personal customers only

Quantum 20th Issue

  • Available only to existing  and new  customers
  • Passbook account
  • Quantum 20th Issue matures on 30 September  2012
  • Interest rate guaranteed to increase each year until maturity
  • Interest paid annually on 1 January
  • Minimum investment and balance £1,0001
  • Maximum investment and balance £25,000 per person (£50,000 for joint accounts)
  • Only one account may be held per person
  • Access to your money without loss of interest on90 days' notice or easy access to your money subject to loss of a sum equivalent to 90 days' interest on amount withdrawn
  • On maturity, 1 October  2012, money in your Quantum account will be transferred into the variable rate Elite Interest holding account (unless we let you know otherwise) where you will have easy access to your money without notice or loss of interest
  • Share account, for personal customers only

1. 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.

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