Overseas Company Club Account (Euro)

Credit Interest Rates

Current Interest Rates

Interest rates are correct as at 03 June 2009

Interest on Credit Balances (paid half yearly)	% Per Annum Gross Rate*	% Per Annum AER**
Up to €2,000	Nil	Nil
€2,000+	Nil	Nil
€10,000+	Nil	Nil
€25,000+	Nil	Nil
€50,000+	0.05	0.05
€100,000+	0.05	0.05
€250,000+	0.10	0.10

Previous Interest Rates

Interest rates are from 28 April 2009

Interest on Credit Balances (paid half yearly)	% Per Annum Gross Rate*	% Per Annum AER**
Up to €2,000	Nil	Nil
€2,000+	Nil	Nil
€10,000+	Nil	Nil
€25,000+	Nil	Nil
€50,000+	0.05	0.05
€100,000+	0.05	0.05
€250,000+	0.20	0.20

*GROSS RATE: The contractual rate of interest payable before deduction of income tax at the rate specified by law.

**AER - AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.