Credit interest rates
Interest on credit balances paid monthly
Premier International Account rates
Accounts opened from 17 May 2010
| Account balance |
Gross Rate Per Annum1 |
AER2 |
| £1+ |
0.00 |
0.00 |
| £5,000+ |
0.00 |
0.00 |
| £10,000+ |
0.00 |
0.00 |
| £25,000+ |
0.00 |
0.00 |
| £50,000+ |
0.00 |
0.00 |
| £100,000+ |
0.00 |
0.00 |
| £250,000+ |
0.00 |
0.00 |
International Account rates
Accounts opened until 16 May 2010
| Account balance |
Gross Rate Per Annum1 |
AER2 |
| £1+ |
0.00 |
0.00 |
| £5,000+ |
0.00 |
0.00 |
| £10,000+ |
0.00 |
0.00 |
| £25,000+ |
0.05 |
0.05 |
| £50,000+ |
0.05 |
0.05 |
| £100,000+ |
0.05 |
0.05 |
| £250,000+ |
0.05 |
0.05 |
International Premier Account rates
Accounts opened until 16 May 2010
| Account balance |
Gross Rate Per Annum1 |
AER2 |
| £1+ |
0.05 |
0.05 |
| £5,000+ |
0.05 |
0.05 |
| £10,000+ |
0.05 |
0.05 |
| £25,000+ |
0.05 |
0.05 |
| £50,000+ |
0.05 |
0.05 |
| £100,000+ |
0.10 |
0.10 |
| £250,000+ |
0.10 |
0.10 |
Overdraft interest rates
Current interest rates
Since 02 November 2007
| Type of overdraft |
Monthly interest rate |
EAR3 (% per annum) |
| Planned |
1.23 |
15.8 |
| Unplanned |
1.23 |
15.8 |
1. Gross interest is the interest you receive before tax is deducted.
2. AER (Annual Equivalent Rate) is a figure that helps you compare interest rates across different accounts. It illustrates what your interest return would be if interest was paid and compounded once each year. Every advert for a savings product will contain an AER.
3. EAR (Equivalent Annual Rate) is a way of showing monthly interest as a yearly figure. The EAR does not include any charges that may be applicable.