Variable rate account only available by post or telephone
Access by telephone or post without notice
Withdrawals payable by cheque or by BACS direct to your nominated bank / building society account
A monthly income option is available
To apply for this product, please click the 'Apply by post' button. The first part of the application is completed online, following which you will need to send us the completed form by post. Please note you will need a printer to complete the application.
Minimum Investment
£1000
Product Type
Other Accounts
Interest paid
Interest paid or credited annually on 1 May.
Summary Box Key Product Information for our Savings Account(s)
Account Name
Direct Easy Access
Interest rates (AER's)
Tier
Annually
Monthly
AER
Gross
Net
AER
Gross
Net
£1,000 - £2,000,000
0.05%
0.05%
0.04%
0.05%
0.05%
0.04%
Effective Date
02/01/2009
Variable Rate
Tax Status
Gross / Net
Conditions for bonus payment
N/A
Withdrawal arrangements
There is no notice period for withdrawals. Minimum withdrawal is £100. Only one withdrawal may be processed per day. There is no charge for withdrawals paid by BACS direct to your nominated bank/building society account. Withdrawals via any other method will incur a charge. Please refer to Tarif of Charges.
Access
By post or telephone
Gross means without UK income tax deducted Net means the rate of interest which would be payable after allowing for deduction of income tax at the specified rate i.e. assuming rate of income tax at 20%. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Rates are illustrative only and have been rounded to two decimal places. Tax-Free is the contractual rate of interest payable where interest is exempt from income tax.
