WorldWide Service Cheque Account

Credit Interest Rates

Current Interest Rates

Interest rates from 10 February 2003

Interest on Credit Balances (paid monthly)	% Per Annum Gross Rate*	% Per Annum AER**
£1+	0.10	0.10
£5,000+	0.10	0.10
£10,000+	0.10	0.10

Previous Interest Rates

Interest rates from 08 November 1999

Interest on Credit Balances (paid monthly)	% Per Annum Gross Rate*	% Per Annum AER**
£1+	0.20	0.20
£5,000+	0.20	0.20
£10,000+	0.20	0.20

Overdraft Interest Rates

Current Interest Rates

Interest rates from 02 November 2007

Interest on Planned and Unplanned Overdraft Debit Balances (paid monthly)	% Per Month	% EAR†
Interest Rate	1.48	19.3

Previous Interest Rates

Interest rates from 01 August to 01 November 2007

Interest on Planned and Unplanned Overdraft Debit Balances (paid monthly)	% Per Month	% EAR†
Interest Rate	1.48	19.3
Unauthorised Borrowing Rate	2.20	29.8

Interest rates from 01 June to 31 July 2007

Interest on Planned and Unplanned Overdraft Debit Balances (paid monthly)	% Per Month	% EAR†
Interest Rate	1.46	19.0
Unauthorised Borrowing Rate	2.20	29.8

*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 - Annual Equivalent Rate - you can compare more easily what return you can expect from your savings over time.

†EAR: Equivalent Annual Rate excluding any changes which may be applicable.

Interest rates may vary from time to time.