Telephone Accounts - Short Term Savings
Our short term savings accounts cover everything from easy access accounts (that you can use on a regular basis) to accounts that offer a higher return. To help you choose the right option, please think about what you want your money for and the access you might need.
| Telephone Easy Access Accounts | |||
|---|---|---|---|
| Telephone Extra Account (Annual Interest) | Learn More | ||
| £1 minimum investment | Unlimited deposits and withdrawals via your Linked Account. | Annual Interest Rate |
|
| Interest rates effective from 18/06/2009
Note: Includes a bonus of 2.65% gross for 12 months. | |||
| Telephone Extra Account (Monthly Interest) | Learn More | ||
| £1 minimum investment | Unlimited deposits and withdrawals via your Linked Account. | Monthly interest rate |
|
| Interest rates effective from 18/06/2009
Note: Includes a bonus of 2.65% gross for 12 months. | |||
| Access Reward Account (Issue 5) | Learn More | ||
| £1,000 minimum investment | Make up to 4 withdrawals in the first year by phone via your Linked Account. Unlimited withdrawals thereafter | Annual Interest Rate |
|
| Interest rates effective from 18/05/2009 | |||
| Direct Telephone Savings Account | Learn More | ||
| £1 minimum investment | Unlimited withdrawals by phone via a Linked Account | Annual Interest Rate |
|
| Interest rates effective from 01/04/2009 Guaranteed to beat the ING Direct Savings Account underlying variable rate by at least 0.25% until 01 January 2010 | |||
| Easy Telephone Savings Account | Learn More | ||
| £1 minimum investment | Unlimited withdrawals by phone via a Linked Account | Annual Interest Rate |
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| Interest rates effective from 02/03/2009 Guaranteed to be at least 0.50% above the Egg Savings Account (Internet) underlying AER until 01 January 2011 | |||
| Guaranteed Reward Account (Issue 2) | Learn More | ||
| £1 minimum investment | Up to 4 withdrawals during the first year by phone via a Linked Account | Annual Interest Rate |
|
| Interest rates effective from 01/04/2009
Note: Includes a bonus of 0.85% gross for 12 months. Guaranteed to pay the rate payable on our Base Rate Tracker Savings Account (currently 0.85 % gross/AER) plus a bonus of 0.85% gross for the first 12 months. After the first 12 months, or if more than 4 withdrawals are made, the account will revert to a Base Rate Tracker which guarantees that your rate will at least match the Bank of England Base Rate until 01 June 2013 | |||
Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
*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.
NET rates are illustrative only, allowing for the deduction of income tax at 20%. If you are a higher rate tax payer, you may have a further amount to pay. If we deduct more tax than you have to pay this can be reclaimed from HMRC.
Current and previous Bank of England interest rates can be found at www.bankofengland.co.uk/monetarypolicy/decisions.htm
For telephone line opening times, please read the information in our contact section. Calls may be monitored and recorded for security and training purposes. If you're calling from outside the UK, please dial 00442920781145.
