Footnotes
[1] Gross means that interest will be paid without any deduction of tax. You are responsible for paying any tax due to HMRC.
[2] AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
[3] You can ask to withdraw or close the account with less than 30 days’ notice. If we agree, we will deduct the equivalent of 30 days’ Gross interest on the amount withdrawn.
[4] You can close your Bond, subject to 180 days' loss of Gross interest, which will be deducted from your Bond before payment is made. This may result in you receiving less back than you originally invested if 180 days’ interest has not accrued.