Telephone Accounts - Long Term Savings
Invest in any of our long term savings accounts and you could enjoy greater returns on your money. You can choose from Guaranteed Equity Bonds (for potentially higher returns), or ISAs (for tax-free savings). All of our long term savings accounts are designed to earn a potentially higher return for your money.
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
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