This product is no longer available to new applicants.
This product is no longer available to new applicants.
Twelve withdrawals are permitted each account year without notice or charge. (For branch on demand, for direct all withdrawals paid by BACS to nominated bank account).
Minimum Investment
£1000
Product Type
Withdrawn Accounts
Interest paid
Interest paid or credited annually on 30 April or monthly on last working day of month.
Summary Box Key Product Information for our Savings Account(s)
Account Name
Crest (Withdrawn)
Interest rates (AER's)
Tier
Annually
Monthly
AER
Gross
Net
AER
Gross
Net
£1,000 - £1,000,000
1.75%
1.75%
1.40%
1.75%
1.74%
1.39%
Effective Date
30/03/2009
Variable Rate
Tax Status
Gross / Net
Conditions for bonus payment
N/A
Withdrawal arrangements
Investors can make additional investments at any time. Twelve withdrawals are permitted each account year. Where a direct account is held, withdrawals will be paid via BACS, to a nominated bank account. A thirteenth withdrawal in an account year will result in the account being closed and your funds returned to you. Please note: transfers to another account are deemed as withdrawals (except where you have arranged to have monthly interest paid to another account).
Access
At a branch / by post / by 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.
