Easy Saver
At a glance
- Ideal for every day savings
- Attractive rate of interest.
- Initial deposit of only GBP 5,000.
- Annual, monthly or deferred interest options.
- Interest can be added to the account or paid away.
- No notice required for withdrawals.
Interest rates effective from 2 April 2009
|
Annual |
Monthly |
AER |
Deferred |
| GBP5,000 and above |
2.50% |
2.47% |
2.50% |
2.50% |
More detail
A variable rate savings account offering unrestricted access to your funds. Minimum savings balance is GBP 5,000 with a minimum transaction amount of GBP 250.
Special Conditions
- Easy Saver is available to individuals. Joint accounts are available.
- We will pay interest gross without the deduction of tax at source for all non-EU residents.
- EU residents who are subject to retention tax by way of the EU savings tax directive will need to consider the effect of the retention tax that will be applied to their accounts. More information can be found on the EUSTD area of this site.
- It is the responsibility of the depositor to declare any interest received to their relevant tax authority.
- The minimum opening deposit into the account is GBP 5,000.
- The minimum transaction on the account is GBP 250.
- Additions are allowed at any time.
- Withdrawal payments will only be made to an account in your own name(s). Withdrawals by cheque will be made out in your name(s).
- If the balance falls below the account minimum of GBP 5,000, our deposit base rate will apply.
- Annual interest is paid on 31 March. Monthly interest is paid on the last day of each month. Deferred interest is paid on account closure.
- The account is only operated in £ Sterling.
- The law governing this agreement both before and after completion is the law of the Isle of Man.
- In respect of deposits or withdrawals, Bradford & Bingley International shall not be liable for any losses arising from the delay in the transmission of funds that are due to causes beyond its control.
Small print
Deposit base rate 0.05%. Interest rates are variable and quoted gross % p.a. that is, without any deduction of tax (subject to changes in legislation). AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid to the account once a year. EU residents who are subject to retention tax as a result of the European Union Savings Tax Directive (EUSTD) will need to consider the effect of the retention tax. EU residents should refer to the the EUSTD section of this site if unsure as to whether or not they are affected. The above must be read in conjunction with the full account details and terms and conditions.