Correct as of 30 December 2008
Interest is calculated on the daily cleared balance of the
account and is added to the account twice a year on 30 June and 31
December.
^The bonus rate is guaranteed to be at least equal to base rate
for six months following the first maturity or surrender deposit
(the offer is for Wesleyan and Wesleyan Medical Sickness customers
investing funds from a maturing or surrendered policy), for
balances over £1,000.
The bonus rate will apply to the full balance of the account if
this is over £1,000. After six months the rates will drop back to
the standard account rates as shown above.
Interest is calculated on the daily cleared balance of the
account and is added to the account twice a year on 30 June and 31
December.
^The bonus rate is guaranteed to be at least equal to base rate
for six months following the first maturity or surrender deposit
(the offer is for Wesleyanand Wesleyan Medical Sickness customers
investing funds from a maturing or surrendered policy), for
balances over £1,000.
The bonus rate will apply to the full balance of the account if
this is over £1,000. After six months the rates will drop back to
the standard account rates shown above.
Interest is calculated on the daily cleared balance or the
account and is added to the account quarterly on the last day or
March, June, September & December.
Interest on the Wesleyan Bank Cash ISA is exempt from income
tax. The interest on the Cash ISA is at a rate of no lower than
1.5% below the Bank of England Base Rate and may vary in line with
changes to the base rate. Interest is calculated on the daily
cleared balance of the account and added to the account annually on
5 April.
Interest on the Wesleyan SIPP Trustee Bank Account is paid
without the deduction of tax and is calculated on the daily cleared
balance of the account. Interest rates are tiered and apply to the
portion of the balance according to the rate applicable to the band
into which it falls. Interest will be added to the account twice a
year on 30 June and 31 December.
Interest rate is fixed at the time we receive the application
and payment will not change during the term.
Interest is calculated on the daily cleared credit balance of
the account and is applied annually after close of business on the
first day of the month after the account is opened, and on that day
every year until it matures.
Interest on the Internet Only Cash ISA is exempt from income
tax. Interest rate is fixed at the time we receive the application
and will not change during the term. Interest is calculated on the
daily cleared balance of the account and added to the account
annually on 5 April.
* AER stands for Annual Equivalent Rate and illustrates what the
interest rate would be if interest rate was paid and compounded
each year As every advert for a savings product which quotes an
interest rate will contain an AER, you will be able to compare more
easily what return you can expect from your savings over time.
** Without UK tax deducted
*** at 20% lower rate for illustrative purposes.
Resources:
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