Previous rates

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Previous credit interest rates
Amount paid in* Gross p.a. / AER Net p.a.
£1,000+ per month 3.50% 2.80%
£500+ per month 0.50% 0.40%
Less than £500 paid in each month / no deposit is made 0.10% 0.08%

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*Excludes internal transfers from Nationwide accounts
Please Note: the rates displayed above are the old rates and were superseded on 1 August 2008