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Savings Accelerator Savings Account
Instant access savings
An instant access account exclusively for use of Savings Accelerator credit card customers.
An instant access savings account exclusively for use of Savings Accelerator credit card customers.
The more you spend on your credit card the more interest you could earn on your savings.
An introductory bonus will be payable in addition to your standard savings interest rate for the first 90 days following the opening of the Savings Accelerator Credit Card provided a purchase is made within 45 days of credit card account opening.
Following the initial 90 day bonus period, a further bonus could be payable depending on the value of the equivalent monthly spend on the Savings Accelerator Credit Card over a 90 day period.
Set up and track your own personal savings goals - through Digital Banking.
This product is not regulated by the Financial Services Authority.
| Amount | Gross Rate % p.a. | AER% (variable) | Net Rate % p.a. |
|---|---|---|---|
| Savings Accelerator Savings Account (quarterly interest) | |||
| £1 + | 0.20 | 0.20 | 0.16 |
Last updated on 18 May 2009 | |||
Gross rate - is the interest rate paid before the deduction of tax.
Annual Equivalent Rate (AER) - illustrates what the interest rate would be if paid and compounded each year.
Net Rate - is the interest rate paid after deduction of tax.
New customers will be asked to provide proof of identity including verification of address.
System updates will mean that our internet and telephone banking services are unavailable for short periods in the early hours of the morning.
This product is not regulated by the Financial Services Authority.
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