Closed issue - Special accounts

Portfolio bonus bond (issue 1)

Current rates

Account balance Gross* Net** AER***

Current rates effective from 24/04/08. The interest rate that we pay on this account may go up and down from time to time. The Portfolio Bonus Account is only available as part of an investment in the Portfolio Bonus Bond. (Minimum total investment in the Portfolio Bonus Bond is £10,000).
Minimum investment in the Portfolio Bonus Bond Account- £4,000 or up to 40% of your overall initial investment if higher.

£4,000 and over 3.65% 2.92% 3.65%

Portfolio bonus bond (issue 2)

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. The Portfolio Bonus Account (2nd issue) is only available as part of an investment in the Portfolio Bonus Bond. (Minimum total investment in the Portfolio Bonus Bond (2nd issue) is £10,000).
Minimum investment in the Portfolio Bonus Bond - £3,000 or up to 30% of your overall initial investment if higher.
£3,000 and over 3.65% 2.92% 3.65%

Portfolio bonus bond (issue 3)

Current rates

Account balance Gross* Net** AER***

Current rate effective from 24/04/08. Minimum investment - £2,000 or up to 20% of your overall initial investment in the Portfolio Bonus Bond if higher. The interest rate that we pay on this account may go up and down from time to time. The Portfolio Bonus Account (3rd issue) was only available as part of an investment in the Portfolio Bonus Bond which was made up of 2 elements, an investment in the Society's Portfolio Bonus Account and an investment in Norwich Union's Portfolio Bond.

£2,000 and over 3.65% 2.92% 3.65%

Portfolio bonus bond (issue 4) - variable rate

Current rates

Account balance Gross* Net** AER***
Current rate effective from 24/04/08. Minimum investment - £3,000 or up to 30% of your overall initial investment in the Portfolio Bonus Bond if higher. The interest rates that we pay on this account may go up and down from time to time. The Portfolio Bonus Account (4th issue) is only available as part of an investment in the Portfolio Bonus Bond which is made up of 2 elements, a Society Portfolio Bonus Account and an investment in Norwich Union's Portfolio Bond.
£25,00 and over 4.65% 3.72% 4.65%
£10,000 - £24,999 4.15% 3.32% 4.15%
£3,000 - £9,999 3.65% 2.92% 3.65%

Portfolio bonus bond (issue 5)

Current rates

Account balance Gross* Net** AER***
Current rate effective from 24/04/08. Minimum investment - £5,000 or up to 50% of your overall initial investment in Norwich Union's Portfolio if higher. The interest rates that we pay on this account may go up and down from time to time. The Portfolio Bonus Account (Issue 5) is only available as part of an investment in the Portfolio Bonus Bond which is made up of 2 elements, a Society Portfolio Bonus Account and an investment in Norwich Union's Portfolio Bond.
£25,000 and over 4.35% 3.48% 4.35%
£10,000 - £24,999 3.85% 3.08% 3.85%
£3,000 - £ 9,999 3.35% 2.68% 3.35%

Quantum 14th issue

Current rates

Account balance Gross* Net** AER***
Current rate effective from 01/09/03. AER 4.50% assuming the account was opened on 1st September 2003 and held until 31st August 2008. Minimum investment - £1,000. 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. Key Features
Up to 31/08/04 3.50% 2.80% 4.50%
01/09/04 - 31/08/05 4.00% 3.20% 4.50%
01/09/05 - 31/08/06 4.50% 3.60% 4.50%
01/09/06 - 31/08/07 5.00% 4.00% 4.50%
01/09/07 - 31/08/08 5.50% 4.40% 4.50%

Quantum 15th issue

Current rates

Account balance Gross* Net** AER***
Current rate effective from 01/03/04. AER 4.94% assuming the account was opened on 1st March 2004 and held until 31st March 2009. Minimum investment - £1,000. 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. Key Features
Up to 31/03/05 4.00% 3.20% 4.94%
01/04/05 - 31/03/06 4.40% 3.52% 4.94%
01/04/06 - 31/03/07 4.90% 3.92% 4.94%
01/04/07 - 31/03/08 5.40% 4.32% 4.94%
01/04/08 - 31/03/09 6.00% 4.80% 4.94%

Quantum 16th issue

Current rates

Account balance Gross* Net** AER***
Current rates effective from 01/02/05. AER 4.75% assuming the account was opened on 1 January 2005 and held until 31 January 2010. Minimum investment - £1,000. 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. Key Features
Up to 31/01/06 4.00% 3.20% 4.75%
01/02/06 - 31/01/07 4.25% 3.40% 4.75%
01/02/07 - 31/01/08 4.50% 3.60% 4.75%
01/02/08 - 31/01/09 5.00% 4.00% 4.75%
01/02/09 - 31/01/10 6.00% 4.80% 4.75%

Quantum 17th Issue

Quantum 17th Issue is a savings scheme which offers the security of guaranteed rates that will rise over a fixed term. Further information

Current rates

Account balance Gross* Net** AER***
Current rates effective from 01/10/05. AER 4.37% assuming the account was opened on 1st October 2005 and held until 30th September 2010. Minimum investment - £1,000. 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.
Up to 30/09/06 4.00% 3.20% 4.37%
01/10/06 - 30/09/07 4.10% 3.28% 4.37%
01/10/07 - 30/09/08 4.25% 3.40% 4.37%
01/10/08 - 31/09/09 4.50% 3.60% 4.37%
01/10/09 - 31/09/10 5.00% 4.00% 4.37%

Quantum 18th Issue

Current rates

Account balance Gross* Net** AER***
Current rates effective from 01/05/06. AER 4.60%. Minimum investment - £1,000. 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. Key Features
Up to 30/04/07 4.00% 3.20% 4.60%
01/05/07 - 30/04/08 4.25% 3.40% 4.60%
01/05/08- 30/04/09 4.50% 3.60% 4.60%
01/05/09 - 30/04/10 4.75% 3.80% 4.60%
01/05/10 - 30/04/11 5.50% 4.40% 4.60%

Quantum 19th Issue

Current rates

Account balance Gross* Net** AER***
Current rates effective from 01/04/2007. AER 5.50% assuming the account was opened on 1 April 2007 and held until 31 March 2012. Minimum investment - £1,000. 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. Key Features
01/04/2007 - 31/03/2008 4.00% 3.20% 5.50%
01/04/2008 - 31/03/2009 4.50% 3.60% 5.50%
01/04/2009 - 31/03/2010 5.00% 4.00% 5.50%
01/04/2010 - 31/03/2011 6.00% 4.80% 5.50%
01/04/2011 - 31/03/2012 8.00% 6.40% 5.50%

Quantum 20th Issue

Current rates

Account balance Gross* Net** AER***
Current rate effective from 01/10/07. AER 5.80% assuming the account was opened on 1st October 2007 and held until 30th September 2012. Minimum investment - £1,000. 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). Limited issue, this account may be withdrawn at anytime. We also reserve the right to close the account if the minimum investment is not maintained. Key Features
01/10/2007 - 30/09/2008 4.50% 3.60% 5.80%
01/10/2008 - 30/09/2009 5.00% 4.00% 5.80%
01/10/2009 - 30/09/2010 5.50% 4.40% 5.80%
01/10/2010 - 30/09/2011 6.00% 4.80% 5.80%
01/10/2011 - 30/09/2012 8.00% 6.40% 5.80%

Quantum 21st Issue

 

Current rates

Account balance Gross* Net** AER***
Current rate effective from 21/02/08. AER 4.70% assuming the account was opened on 01st March 2003 and held until 28th February 2013. Minimum investment - £1,000. 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). Limited issue, this account may be withdrawn at anytime. We also reserve the right to close the account if the minimum investment is not maintained. Key Features
01/03/2008 - 28/02/2009 3.50% 2.80% 4.70%
01/03/2009 - 28/02/2010 4.00% 3.20% 4.70%
01/03/2010 - 28/02/2011 4.50% 3.60% 4.70%
01/03/2011 - 29/02/2012 5.00% 4.00% 4.70%
01/03/2012 - 28/02/2013 6.50% 5.20% 4.70%

Combination Bonus Savings Account

The security of a savings account with the medium to long-term growth potential of an investment bond. The Combination Bonus Bond brings together the security of a Norwich and Peterborough Combination Bonus Savings Account, giving you regular year-on-year growth, plus the potential capital growth opportunity of an AXA Investment Bond.

All you need to know about Combination Bonus Savings Account

Current rates

Account balance Gross* Net** AER***
Current rates effective from 24/04/08.
£25,000 and over 3.70% 2.96% 3.70%
£10,000 - £24,999 3.50% 2.80% 3.50%
£4,000 - £9,999 3.30% 2.64% 3.30%

Combination Bond II

The Combination Bond II brings together two key elements. First, the peace of mind provided by a Norwich and Peterborough Combination Bond II savings account with regular year on year growth. Second, it gives the potential growth opportunity of an investment bond from one of three leading financial investment providers – AXA, Legal & General and Prudential.

All you need to know about Combination Bond II

Current rates

Account balance Gross* Net** AER***
Current rates effective from 24/04/08
£25,000 and over (excluding 2.5% bonus) 3.90% 3.12% 3.90%
£25,000 and over (including 2.5% bonus) 6.40% 5.12% 6.40%
£10,000 - £24,999 (excluding 2.5% bonus) 3.70% 2.96% 3.70%
£10,000 - £24,999 (including 2.5% bonus) 6.20% 4.96% 6.20%
£4,000 - £9,999 (excluding 2.5% bonus) 3.50% 2.80% 3.50%
£4,000 - £9,999 (including 2.5% bonus) 6.00% 4.80% 6.00%

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.

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