Derbyshire Building Society, part of the Nationwide Group, is today (Friday 15 March) launching Derbyshire NetSaver – Issue 11. The account pays 1.70% gross p.a./AER* (variable), including a fixed bonus until 30 June 2014.
Available online via the Derbyshire Building Society website, interest on the Derbyshire NetSaver – Issue 11 is paid annually on 30 June, commencing 2013 and is credited to the account. The minimum opening balance is £1,000 with a maximum balance of £5 million.
| |
Derbyshire NetSaver – Issue 11 |
| Availability |
Online |
| Withdrawals |
Minimum £10 without notice or loss of interest |
| Min. opening balance |
£1,000 |
| Min. operating balance |
£1 |
| Max. balance |
£5 million |
Notes to editors:
*AER stands for Annual Equivalent Rate which illustrates what the interest rate would be if interest was paid and compounded each year. The gross rate of interest is the interest rate payable before any income tax is deducted (if a customer pays tax) and the net rate of interest is the interest payable after any income tax is deducted (if a customer pays tax).
This is a limited offer and can be withdrawn at any time.
RATES FOR DERBYSHIRE NETSAVER - ISSUE 11, EFFECTIVE 15 MARCH 2013
| |
Gross p.a./AER*
excluding bonus |
Gross p.a./AER*
including bonus |
Net p.a. including bonus |
Fixed bonus rate paid until 30/06/14 |
£1+ |
0.50% (variable) |
1.70% |
1.36% |
1.20% |
After 30 June 2014, a rate of 0.50% gross p.a./AER* (variable) is paid.
The Derbyshire Building Society is a Trading Division of Nationwide Building Society.