Select 180 Deferred (Issue 1)
A specialist notice account for
customers with tax planning requirements. Interest is only paid when you close
your account, enabling you to choose when your interest is capitalised.
Key Features
- Plan your tax affairs with our interest deferral feature.
- Interest accrued daily and paid when you close the account.
- Minimum balance £5,000.
- Maximum balance £10m.
- 180 days' notice for withdrawals. Immediate withdrawals available subject to loss of 180 days' interest on the amount withdrawn.
- Minimum withdrawal £250.
Rates
| Balance | Interest on closure gross % PA
variable | AER %
variable* |
| £5,000 - £10m |
2.25 |
2.25 |
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.
*Interest paid on account closure. The AER quoted assumes closure after one year.
Managing your account
- By post or phone.
- In branch.
- Online, after registering for our Internet Banking Service.