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Rates correct as at 29 July 2010
All rates are variable unless otherwise stated
For previous rates please click 'View previous rates' located under the current rate table
* Rate excluding conditional bonus
† Rate including conditional bonus
Savings Comparison table
| Children's Bond |
£250 opening balance then maximum £1,200
each year until
child reaches
18 years |
2.40% |
2.40% |
1.92% |
• No withdrawals allowed until child reaches 18 years old
• Closure after the child reaches 7 years subject to 180 days' notice
• Annual interest on birthday of child |
| Child Trust Fund 2 |
£250 Inland
Revenue voucher
plus up to £1,200
each year until
child reaches
18 years |
2.40%
TAX FREE
|
2.40%
TAX FREE |
2.40%
TAX FREE |
• No withdrawals allowed until child reaches 18 years old
• Transfers allowed
• This is a Cash Child Trust Fund. It is not a stakeholder Child Trust Fund
• Annual interest on birthday of child |
| County 10 |
£1,000 - £24,999
£25,000 - £74,999
£75,000 - £99,999
£100,000 - and above |
2.05%
2.30%
2.55%
2.75%
Variable |
2.05%
2.30%
2.55%
2.75%
Variable
|
1.64%
1.84%
2.04%
2.20%
Variable
|
• 90 days' notice or interest penalty on amount withdrawn
• Additional investments allowed - minimum £1,000
• Interest paid annually on 1 December or for balances over £25,000, monthly interest option
|
| Diamond Plus 8 |
£1,000 - £100,000 |
2.10% |
2.10% |
1.68% |
• Exclusive account for investors aged over 60 years
• 60 days' notice or interest penalty on amount withdrawn
• Interest paid annually on 1 December or for balances over £25,000, monthly interest option |
| Holiday Save |
£10 - £500
variable monthly payments by
Direct Debit
(maximum £1,000 if joint account) |
0.50%*
3.50%† |
0.50%*
3.50%† |
0.40%*
2.80%† |
SUMMARY OF HOLIDAY SAVE TERMS:
• One withdrawal per anniversary year
• 3% variable bonus added on account anniversary subject to 11 payments received in account year
• Bonus calculated on payments made in anniversary year only
• Closure subject to 14 days' notice
• Annual interest on account anniversary
BENEFITS TO HOLIDAY SAVE ACCOUNT HOLDERS:
• Eligible for a discount of up to 10% off any holiday booked at Fred. Olsen Travel branches only
• Entry into a free prize draw on 28 February 2011 to win a £5,000 Italian cruise for two people for 16 days sailing from Southampton on July 16th 2011. No alternative can be offered |
Ipswich SIPP
(Self Invested Personal Pension) |
£1,000 - £24,999
£25,000 - £49,999
£50,000 - £99,999
£100,000 - £249,999
£250,000 & above |
2.00%
2.50%
2.75%
3.00%
3.25% |
2.00%
2.50%
2.75%
3.00%
3.25% |
|
• No initial or annual administration charges
• Withdrawals subject to 60 days' notice or interest penalty
• Additional investments allowed
• Annual interest paid on 5 April |
| Premier Instant |
£10 - £4,999
£5,000 - £9,999
£10,000 - £24,999
£25,000 - £49,999
£50,000 - £99,999
£100,000 & above |
0.13%
0.18%
0.20%
0.23%
0.30%
0.38%
|
0.13%
0.18%
0.20%
0.23%
0.30%
0.38% |
0.10%
0.14%
0.16%
0.18%
0.24%
0.30% |
• Instant access with no penalty
• Interest paid half yearly on 1 June and 1 December |
Premier ISA
(Cash ISA)
|
£10 and above
ISA subscription limits apply |
1.40%
TAX FREE |
1.40%
TAX FREE
|
1.40%
TAX FREE |
• Instant access
• Annual interest added to ISA on 5 April |
| Smart Save |
£10 - £500
variable monthly payments by
Direct Debit
(maximum £1,000 if joint account) |
0.50%*
3.50%† |
0.50%*
3.50%† |
0.40%*
2.80%† |
• One withdrawal per anniversary year
• 3% variable bonus added on account anniversary subject to 11 payments received in account year
• Bonus calculated on payments made in anniversary year only
• Closure subject to 14 days' notice
• Annual interest on account anniversary |
We-Care
(Affinity accounts) |
£100 - £2,499
£2,500 - £50,000 |
0.50%
1.00%
|
0.50%
1.00%† |
0.40%
0.80% |
• For investors who would like to support either East Anglian Air Ambulance, St Elizabeth Hospice or Suffolk Wildlife Trust
• 3 penalty free withdrawals per year
• 1% annual bonus payable directly to selected charity
• Interest paid annually on 1 December
|
| Young Savers |
£1 - £499
£500 & above |
1.45%
1.70% |
1.45%
1.70% |
1.16%
1.36% |
• Instant access with no penalty
• Child must be aged 7 years or over to withdraw
• Interest paid annually on 1 December |
|
Undesignated Client Deposit account (for non-personal funds)
|
£50,000 - £2,500,000 |
1.53% |
1.53% |
|
• Variable interest tracks at 0.25% above 3 month LIBOR
• Interest rate is reset each quarter on 1 December, 1 March, 1 June and 1 September
• Unlimited withdrawals by CHAPS (no charge)
• Interest paid monthly to a nominated bank account |
Corporate/Client Deposit account
(for non-personal funds) |
£25,000 - £2,500,000 |
1.53% |
1.53% |
1.22% |
• Variable interest tracks at 0.25% above 3 month LIBOR
• Interest rate is reset each quarter on 1 December, 1 March, 1 June and 1 September
• Unlimited withdrawals by CHAPS (£25 fee if less than £100,000 withdrawn)
• Interest paid annually on 1 December - option to add to account or pay to a nominated bank account |
Treasurer's account
(for non-personal funds) |
£100 - £499
£500 - £4,999
£5,000 - £9,999
£10,000 - £24,999
£25,000 - £99,999
£100,000 & above |
0.10%
0.10%
0.13%
0.15%
0.18%
0.23% |
0.10%
0.10%
0.13%
0.15%
0.18%
0.23% |
0.08%
0.08%
0.10%
0.12%
0.14%
0.18% |
• Instant access with no penalty
• Minimum two signatures to withdraw
• Interest paid half yearly on 1 June and 1 December |
| Children's Bond |
£250 opening balance then maximum £1,200
each year until
child reaches
18 years |
No change |
No change |
No change |
| Child Trust Fund 2 |
£250 Inland
Revenue voucher
plus up to £1,200
each year until
child reaches
18 years |
No change |
No change |
No change |
| Diamond Plus 8 |
£1,000 - £100,000 |
No change |
No change |
No change |
| Homebuyer Savings |
£250 - £25,000 |
No change |
No change |
No change |
| Premier 30 |
£1,000 - £24,999
£25,000 - £49,999
£50,000 - £74,999
£75,000 - £99,999
£100,000 & above |
No change |
No change |
No change |
| Premier Instant |
£10 - £4,999
£5,000 - £9,999
£10,000 - £24,999
£25,000 - £49,999
£50,000 - £99,999
£100,000 & above |
No change |
No change |
No change |
| Premier ISA |
£10 - £3,600
each tax year |
No change |
No change |
No change |
| We-Care |
£100 - £2,499
£2,500 - £50,000 |
No change |
No change |
No change |
| Young Savers |
£1 - £499
£500 & above |
No change |
No change |
No change |
| Treasurers Account |
£100 - £499
£500 - £4,999
£5,000 - £9,999
£10,000 - £24,999
£25,000 - £99,999
£100,000 & above |
No change |
No change |
No change |
View Previous Rates
Bank of England Base Rate is 0.50% as at 29 July 2010.
Existing members are defined as those who have a mortgage with the Society or anyone who has had a savings account with the Society for over 6 months at the time of opening the account.
Gross: Interest rate paid before deduction of income tax.
AER: (Annual Equivalent Rate) A notional rate which illustrates what the gross rate would be if the interest was paid and compounded once each year.
Net: Interest rate paid after income tax is deducted at the appropriate rate.
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