Credit interest rates Interest bearing legacy accounts

Gold Plus, Premier Plus, Select Plus & Platinum Plus (no longer on sale)

Balance Interest paid monthly
  AER % Gross %
£0 - £1,500 3.00 2.96
These interest rates are correct as at 21/11/2017.

Explanation of terms

Gross rate

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


AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.



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