90 Day Notice Account

With our 90 day notice account your interest rate is linked to the Bank of England base rate (BoE base rate). The rate you receive is calculated by taking the BoE base rate and adding a margin. The margins will be applied at the levels shown until at least 31 December 2010.*

Additional funds can be added at any time (up to a maximum balance of £5,000,000) and withdrawals can be made by giving just 90 days notice.

• From 1 December 2010 we are entitled to give 30 days notice of any change to the margin over BoE base rate that we will pay
• If you are not able to provide the full notice period required, you may still make the withdrawal or close the account but will lose up to a maximum of 90 days’ interest. For example, if you give 40 days’ notice of a withdrawal you will lose 50 days’ interest on the amount withdrawn.
• This is a limited offer which may be withdrawn at any time and applicants will be processed on a first come first served basis

Annual Equivalent Rate (AER) - This is a notional rate used for interest bearing accounts, which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.

*Margin is the rate we add to the Bank of England base rate to determine the rate we pay you