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Our Base Rate Tracker accounts pay an interest linked to the UK Bank of England Base Rate.
We have two types of Base Rate Tracker accounts: Term Accounts which are one-year accounts paying a guaranteed interest rate linked to the UK Base Rate; and Notice Accounts where you can choose to give 90 or 180 days’ notice period to withdraw funds.
Base Rate Tracker Term accounts
Offshore Base Rate Tracker Term account – Issue 11
- Rate of interest linked to the UK Bank of England Base Rate.
- A maximum of one year fixed term so your money isn’t tied up for a long time in your offshore Base Rate Tracker.
- Minimum investment £10,000.
- Interest paid on maturity on 06 September 2010
- Partial withdrawals before maturity are not permitted
We will pay a guaranteed rate of:
| Period |
Interest Rate |
04 September 2009 to
31 December 2009 |
UK Bank of England Base Rate Plus 1.25% |
01 January 2010 to
30 April 2010 |
UK Bank of England Base Rate Plus 0.50% |
01 May 2010 to
06 September 2010 |
UK Bank of England Base Rate Plus 0.25% |
All rates are correct as at 01 September 2009 and are subject to change without prior notice.
For more information please read the Terms and Conditions for this offshore Base Rate Tracker account.
Base Rate Tracker Notice accounts
Offshore Base Rate Tracker 90
- Minimum opening deposit £50,000.
- Interest directly linked to the UK Base Rate.
- You can choose to have your interest paid annually or quarterly.
- 90 days' notice is required for withdrawals without penalty.
If you choose to have your interest paid annually, the guaranteed interest link on balances of £50,000 and above will be equal to the UK Base Rate, while the quarterly interest option will pay 0.10% below the UK Base Rate.
You will be advised 120 days in advance of any future changes to the guaranteed rate linked to the UK Base Rate.
Offshore Base Rate Tracker 180
- Minimum opening deposit £50,000.
- Interest directly linked to the UK Base Rate.
- You can choose to have your interest paid annually or quarterly.
- 180 days' notice is required for withdrawals without penalty.
If you choose to have your interest paid annually, the guaranteed interest link on balances of £50,000 and above will be 0.20% above the UK Base Rate, while the quarterly interest option will pay 0.10% above the UK Base Rate.
You will be advised 210 days in advance of any future changes to the guaranteed rate linked to the UK Base Rate.
To apply for an Abbey International Base Rate Tracker account or to view our current interest rates for this offshore account, simply click on these buttons:
Please ensure that you view the interest rates before applying for a Basr Rate Tracker account.
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