Pyramid Max
| Summary Box - Key Product Information for our Savings Account | ||||
|---|---|---|---|---|
| Account Name | Pyramid Max | |||
| Interest rates (AERs) | Gross | Net | AER | |
| Pyramid Max | ||||
| £1+ | 1.50% | 1.20% | 1.50% | |
| 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 April 2009.
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.
Product features
- Open to savers aged 9 - 19 years
- Save from £1 to £250,000 (Please make cheque payable to yourself not Leek United).
- Variable interest
- Instant access to your savings
Terms and conditions relating specifically to this account must be read in conjunction with our Statement of Practice Investors leaflet, which details generic terms and conditions relating to all of our savings accounts.
Download an application form PDF - please return BOTH sections of the form
Please make cheques payable to yourself not Leek United
Details of the Financial Services Compensation Scheme can be found in the 'Other Information' section on the left of this page.
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