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Account: Base Rate Tracker

 

If you have a large sum to deposit in Sterling a Base Rate Tracker could be just the account for you. The highly attractive interest rates will vary in line with changes in the UK Base Rate.

Base Rate Tracker Term account – Issue 8
Current rate 5.30% gross p.a./AER

  • Great 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 period of time
  • Minimum investment £10,000
  • Designed especially for expatriates
  • Interest paid on maturity on 05 May 2009
  • Partial withdrawals before maturity are not permitted

We will pay a guaranteed rate of:

Period Interest Rate
06 May 2008 to 31 August 2008 UK Base Rate Plus 0.30%
01 September 2008 to 31 December 2008 UK Base Rate Plus 0.10%
01 January 2009 to 05 May 2009 UK Base Rate

All rates are correct as at 06 May 2008 and are subject to change without prior notice.

For more information please read the Terms and Conditions for this account.

Please note – this is not a fixed term account and will mature on
05 May 2009.

Base Rate Tracker Term account – Issue 7
Current rate 5.00% gross p.a./AER

  • Great 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 period of time
  • Minimum investment £10,000
  • Designed especially for expatriates
  • Interest paid on maturity on 04 September 2008
  • Partial withdrawals before maturity are not permitted

We will pay a guaranteed rate of:

Period Interest Rate
01 May 2008 to 04 September 2008 UK Base Rate

All rates are correct as at 01 May 2008 and are subject to change without prior notice.

For more information please read the Terms and Conditions for this account.

Please note – this is not a fixed term account and will mature on
04 September 2008.

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.

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.

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