An easy access
savings account with extra benefits
for savers and the local sporting
community
"earn 0.10% gross/AER" (variable)
As at 29 June 2010
Important: This account can be opened and operated through our branch and agency network or Head Office. Our accounts are only available to
UK residents.
An affinity card which entitles you to discounts at a range of Kent based sporting outlets.
Minimum opening deposit and balance £1.
Add to your savings as and when you like.
Take money out when you need it - up to £500 cash, £50,000 by cheque from our branch (lower limits may apply at our agencies) or by post to our Head Office.
Interest is added to the account annually on 5 April.
Minimum Opening Deposit £1
Gross Rate % p.a./AER
Net Rate % p.a.
Annual interest
0.10
0.08
As at 29 June 2010
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 advertisement for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
Gross rate - is the rate of interest before the deduction of income tax.
Net rate - is the rate after the deduction of income tax, currently at the rate of 20%. Subject to the required certification non taxpayers are able to receive their interest gross.
