Interest Rates
These accounts are all our Birmingham Midshires savings accounts currently available to invest in.
| Internet Easy Access Accounts | |||
|---|---|---|---|
| e-Saver Account | Learn More | ||
| £1 minimum investment | Easy access with unlimited deposits and withdrawals permitted | Annual interest rate |
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| Interest rates effective from 17/04/2008 | |||
| Direct Internet Savings Account | Learn More | ||
| £1 minimum investment | Easy access with unlimited deposits and withdrawals permitted | Annual interest rate |
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| Interest rates effective from 01/05/2008 Note: Rate guaranteed to be at least 0.25% above the ING Direct Savings Account underlying variable rate until 01/01/10 | |||
| Easy Internet Savings Account | Learn More | ||
| £1 minimum investment | Easy access with unlimited deposits and withdrawals permitted | Annual interest rate |
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| Interest rates effective from 01/05/2008 Note: Rate guaranteed to be at least 0.50% above the Egg Savings Account (internet) underlying AER until 01/01/11 | |||
| Internet Fixed Rate Bonds | |||
| Direct Internet 1 Year Fixed Rate Bond (Annual Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for term | Annual Interest Rate |
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| Interest rates effective from 18/04/2008 | |||
| Direct Internet 1 Year Fixed Rate Bond (Monthly Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for term | Monthly interest rate |
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| Interest rates effective from 18/04/2008 | |||
| Direct Internet 6 Month Fixed Rate Bond (Maturity Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for term | Annual Interest Rate |
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| Interest rates effective from 23/04/2008 | |||
| Direct Internet 6 Month Fixed Rate Bond (Monthly Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for term | Monthly interest rate |
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| Interest rates effective from 23/04/2008 | |||
| Postal Easy Access Accounts | |||
| Postal Young Saver | Learn More | ||
| £1 minimum investment | Unlimited withdrawals permitted | Annual interest rate |
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| Interest rates effective from 01/05/2008 | |||
| Postal ISAs | |||
| 1 Year Fixed Rate ISA (Annual Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for term | Annual interest rate |
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| Interest rates effective from 09/04/2008 | |||
| 1 Year Fixed Rate ISA (Monthly Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for term | Monthly interest rate |
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| Interest rates effective from 09/04/2008 | |||
| Telephone Easy Access Accounts | |||
| Direct Telephone Savings Account | Learn More | ||
| £1 minimum investment | Easy access with unlimited deposits and withdrawals permitted | Annual interest rate |
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| Interest rates effective from 01/05/2008 Note: Rate guaranteed to be at least 0.25% above the ING Direct Savings Account underlying variable rate until 01/01/10 | |||
| Wolves Gold Account | Learn More | ||
| £1 minimum investment | Unlimited withdrawals permitted | Annual interest rate |
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| Interest rates effective from 01/05/2008 | |||
| Easy Telephone Savings Account | Learn More | ||
| £1 minimum investment | Easy access with unlimited deposits and withdrawals permitted | Annual interest rate |
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| Interest rates effective from 01/05/2008 Note: Rate guaranteed to be at least 0.50% above the Egg Savings Account (internet) underlying AER until 01/01/11 | |||
| Guaranteed Reward Account | Learn More | ||
| £1 minimum investment | Make up to 4 penalty free withdrawals in the first year | Annual interest rate |
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| Interest rates effective from 18/04/2008
Note: Includes a bonus of 1.00% gross for 12 months. | |||
| Telephone Fixed Rate Bonds | |||
| Direct 6 Month Fixed Rate Bond (Maturity Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for the term | Annual Interest Rate |
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| Interest rates effective from 09/04/2008 Rate currently beats the AER on INGs fixed rate 6 and 12 month savings accounts by at least 0.32% (as at 7/4/2008) | |||
| Direct 6 Month Fixed Rate Bond (Monthly Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for the term | Monthly interest rate |
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| Interest rates effective from 09/04/2008 Rate currently beats the AER on INGs fixed rate 6 and 12 month savings accounts by at least 0.32% (as at 7/4/2008) | |||
| Direct 1 Year Fixed Rate Bond (Annual Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for term | Annual Interest Rate |
|
| Interest rates effective from 09/04/2008 Rate currently beats the AER on INGs fixed rate 6 and 12 month savings accounts by at least 0.32% (as at 7/4/2008) | |||
| Direct 1 Year Fixed Rate Bond (Monthly Interest) | Learn More | ||
| £1 minimum investment | Access not permitted for term | Monthly interest rate |
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| Interest rates effective from 09/04/2008 Rate currently beats the AER on INGs fixed rate 6 and 12 month savings accounts by at least 0.32% (as at 7/4/2008) | |||
| 10 Year Fixed Rate Bond (Annual Interest) | Learn More | ||
| £1,000 minimum investment | Access not permitted for term | Annual Interest Rate |
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| Interest rates effective from 31/03/2008 | |||
| 10 Year Fixed Rate Bond (Monthly Interest) | Learn More | ||
| £1,000 minimum investment | Access not permitted for term | Monthly interest rate |
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| Interest rates effective from 31/03/2008 | |||
| Telephone GEBs | |||
| 5 Year 100% Tracker Guaranteed Equity Bond (Portfolio 2) | Learn More | ||
| £500 minimum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 100% of any growth in the FTSE 100 Index over the 5 year term. | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 5 Year Trigger Guaranteed Equity Bond (Portfolio 2) | Learn More | ||
| £500 minimum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 50.00% gross (8.44% AER*) as long as the average of the FTSE 100 Index taken at the start of the bond and end of the 5 year term hasn't fallen. | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 4 Year Trigger Guaranteed Equity Bond (Portfolio 2) | Learn More | ||
| £500 minimum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 35.80% gross (7.95% AER*) as long as the average of the FTSE 100 Index taken at the start of the bond and end of the 4 year term hasn't fallen. | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 3 Year Trigger Guaranteed Equity Bond (Portfolio 2) | Learn More | ||
| £500 minimum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 25.50% gross (7.86% AER*) as long as the average of the FTSE 100 Index taken at the start of the bond and end of the 3 year term hasn't fallen. | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 2 Year Trigger Guaranteed Equity Bond (Portfolio 2) | Learn More | ||
| £500 minimum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 17.18% gross (8.25% AER*) as long as the average of the FTSE 100 Index taken at the start of the bond and end of the 2 year term hasn't fallen. | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 1 Year Trigger Guaranteed Equity Bond (Portfolio 2) | Learn More | ||
| £500 minimum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 8.13% gross/ AER* as long as the average of the FTSE 100 Index taken at the start of the bond and end of the 1 year term hasn't fallen. | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| Telephone GEISAs | |||
| 5 Year 100% Tracker Guaranteed Equity ISA (Portfolio 2) | Learn More | ||
| £3,600 minimum & maximum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 100% of any growth in the FTSE 100 Index over the 5 year term. | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 5 Year Trigger Guaranteed Equity ISA (Portfolio 2) | Learn More | ||
| £3,600 minimum & maximum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 50.00% tax free (8.44% AER*†) as long as the average of the FTSE 100 Index taken at the start of the account and end of the 5 year term hasn't fallen | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 4 Year Trigger Guaranteed Equity ISA (Portfolio 2) | Learn More | ||
| £3,600 minimum & maximum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 35.80% tax free (7.95% AER*†) as long as the average of the FTSE 100 Index taken at the start of the account and end of the 4 year term hasn't fallen | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 3 Year Trigger Guaranteed Equity ISA (Portfolio 2) | Learn More | ||
| £3,600 minimum & maximum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 25.50% tax free (7.86% AER*†) as long as the average of the FTSE 100 Index taken at the start of the account and end of the 3 year term hasn't fallen | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 2 Year Trigger Guaranteed Equity ISA (Portfolio 2) | Learn More | ||
| £3,600 minimum & maximum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 17.18% tax free (8.25% AER*†) as long as the average of the FTSE 100 Index taken at the start of the account and end of the 2 year term hasn't fallen | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
| 1 Year Trigger Guaranteed Equity ISA (Portfolio 2) | Learn More | ||
| £3,600 minimum & maximum investment |
Access subject to early withdrawal charges of 5% on amount withdrawn | Earn 8.13% (tax free/AER*)† as long as the average of the FTSE 100 Index taken at the start of the account and end of the 1 year term hasn't fallen | |
| Placed in a deposit account and linked to the performance of the FTSE 100 Index therefore 100% capital guaranteed | |||
Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
Tax Free means free from personal liability to Income Tax
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
Current and previous Bank of England interest rates can be found at www.bankofengland.co.uk/monetarypolicy/decisions.htm
Calls may be monitored and recorded for security and training purposes. 0845 numbers may not be available outside the UK. Calls from BT landlines will cost a maximum of 4p per minute plus a 6p call set-up fee. The price of calls from other telephone companies and from outside the UK will vary. The call price is correct as at today's date.
