Account summary and rates - Overview
| Account | Frequency interest paid | Rate bands £ | Previous rates (variable) | Current rates (variable) | ||
|---|---|---|---|---|---|---|
| Gross % | AER % | Gross % | AER % | |||
| eSavings | Monthly | 1-1,000,000 | 1.49 | 1.50 | 1.24 | 1.25 |
| eSavings Plus | Monthly (including introductory bonus 0.25% Gross/AER for accounts opened on/after 8th February 2010) | 10,000-100,000 | N/A | N/A | 2.96 | 2.87 |
| eSavings Plus | Monthly (including introductory bonus 0.50% Gross/AER for accounts opened prior to 8th February 2010) | 10,000-100,000 | 3.46 | 3.26 | 3.21 | 3.00 |
| eSavings Plus | Monthly (excluding introductory bonus) | 10,000-100,000 | 2.96 | 3.00 | 2.71 | 2.74 |
| Easy Access Savings | Annually in October | 1+ | 0.01 | 0.01 | 0.01 | 0.01 |
| Bonus Saver (without additional bonuses) | Quarterly | 250,000+ | n/a | n/a | 1.50 | 1.50 | 100,000-249,999 | n/a | n/a | 1.00 | 1.00 |
| 50,000-99,999 | n/a | n/a | 0.75 | 0.75 | ||
| 25,000-49,999 | n/a | n/a | 0.50 | 0.50 | ||
| 2,000-24,999 | n/a | n/a | 0.25 | 0.25 | ||
| Bonus Saver (with additional bonuses) | Quarterly | 250,000+ | n/a | n/a | 2.50 | 2.52 | 100,000-249,999 | n/a | n/a | 2.00 | 2.01 |
| 50,000-99,999 | n/a | n/a | 1.75 | 1.76 | ||
| 25,000-49,999 | n/a | n/a | 1.50 | 1.51 | ||
| 2,000-24,999 | n/a | n/a | 1.25 | 1.26 | ||
| Cash ISA | Annually in October | 35,000+ | 2.25 | 2.25 | 2.25 | 2.25 | 25,000-34,999 | 1.50 | 1.50 | 1.25 | 1.25 |
| 15,000-24,999 | 1.00 | 1.00 | 0.75 | 0.75 | ||
| 1-14,999 | 0.50 | 0.50 | 0.50 | 0.50 | ||
| Cash ISA Plus | Annually in October (including 12 month introductory bonus) | 1 + | N/A | N/A | 2.50 | 2.50 |
| Cash ISA Plus | Annually in October (excluding 12 month introductory bonus) | 1 + | N/A | N/A | 1.00 | 1.00 |
| ufirst Savings | Annually in October | 100,000+ | 1.00 | 1.00 | 0.50 | 0.50 | 50,000-99,999 | 0.50 | 0.50 | 0.25 | 0.25 |
| 25,000-49,999 | 0.25 | 0.25 | 0.25 | 0.25 | ||
| 1 - 24,999 | 0.05 | 0.05 | 0.05 | 0.05 | ||
| urfirst account | Annually in October | 5+ | 1.00 | 1.00 | 0.50 | 0.50 |
All rates are subject to variation and are correct at time of posting to site, 8th February 2010.
Should an account balance fall below any minimum balance requirement, we will pay interest at the minimum (nominal) savings account rate, as our published tariff states. The minimum (nominal) savings rate is 0.01% gross.
Full information on interest rate changes can be obtained from any member of staff in all Ulster Bank branches or by telephoning Anytime Banking at (0845) 603 3738. Calls are charged at single unit local rates. All calls from mobile phones are charged at normal rates. Calls may be recorded for security and training purposes.
Interest will normally be paid after deduction of tax, except for Cash ISA and Cash ISA - Tessa Funds, at whatever applicable rate is required by law. Where non-residents are permitted to hold a deposit account they will be paid interest as per the published gross rates. If you are a non-taxpayer, you may be able to register for interest without tax being deducted by providing Ulster Bank with the registration form required by the Inland Revenue. These are available from any of our branches.
Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
AER stands for Annual Equivalent rate and illustrates what the interest rate would be if interest was paid and compounded 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.