Children's Regular Saver (previous rates)
|
Children's Regular Saver |
|
Min Investment Amount |
Gross (%) |
AER (%) |
Net (%) |
|
£10 - £250 per month |
2.05 |
2.05 |
1.64 |
|
|
|
|
Rates effective from 20th February 2009 to 31st March 2009
Net rates assume the lower rate of income tax of 20%. These figures are rounded and are for illustrative purposes only.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if the interest was paid and compounded each year.
GROSS: The gross rate is the contractual rate of interest before the deduction of tax at the appropriate rate specified by law. Interest will be paid gross to non-taxpayers subject to the required HM Revenue and Customs certification (R85).