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. The gross rate is the interest rate we pay before income tax is taken off.
#These rates are variable and correct as at 2nd March 2009 – Gross/AER assumes that the deposit was made on 2nd March 2009.
*These rates are variable and correct as at 1st July 2009 – Gross/AER assumes that the deposit was made on 1st July 2009.
**Rates correct as at 01/07/09. 4.00% Gross/AER assumes funds invested on 1st August 2009.
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