Air Ambulance Affinity Account
| Summary Box - Key Product Information for our Savings Account | ||||
|---|---|---|---|---|
| Account Name | Air Ambulance Account | |||
| Interest rates (AERs) | Gross | Net | AER | |
| Annual income option | ||||
| £100+ | 0.10% | 0.08% | 0.10% | |
| £500+ | 0.25% | 0.20% | 0.25% | |
| £5000+ | 0.50% | 0.40% | 0.50% | |
| £10,000+ | 0.75% | 0.60% | 0.75% | |
| £25,000+ | 1.00% | 0.80% | 1.00% | |
| Monthly income option | ||||
| £5,000+ | 0.50% | 0.40% | 0.50% | |
| £10,000+ | 0.75% | 0.60% | 0.75% | |
| £25,000 | 1.00% | 0.80% | 1.00% | |
| Tax Status | Interest is paid net of income tax at the appropriate rate. | |||
| Conditions for bonus payments | No bonus payment is payable. | |||
| Withdrawal arrangements | There are no restrictions on withdrawals, subject to standard branch and agency withdrawal limits. | |||
| Access | Via branch or post. | |||
These rates apply from 2 December 2008.
Gross % rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
The 'net rate' is the rate of interest which would be payable after allowing for the deduction of income tax at the specified rate.
AER % rate stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Gross % rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
The 'net rate' is the rate of interest which would be payable after allowing for the deduction of income tax at the specified rate.
AER % rate stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Download our latest interest rates
Product features
- For every £100 saved in the Air Ambulance Account, we will donate £1 to the County Air Ambulance Trust, provided you keep £100 in the account continuously for a year. The amount will be calculated on 31 December each year and paid to the County Air Ambulance Trust in March
- Instant access with no loss of interest
- Save from £100 up to £250,000
- Interest rate increased as your balance rises
- Interest paid annually or, for balances over £5,000, monthly
- Variable interest
For full terms and conditions click here.
Download an application form - please return BOTH sections of the form
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