The latest of Abbey International's fixed term deposits have been launched with gross interest rates of up to 6.25% AER.
The three, six and 12-month term accounts have a minimum balance of £30,000 (which must not have come from another Abbey account), with the top rate of 6.25% payable on all deposits held for 12 months. A rate of 5.50% gross is payable on three-month deposits, while those held for six months receive a rate of 5.70%. Interest is paid on maturity and is calculated as the Bank of England base rate plus a bonus of 1.75% over 12 months, 1.2% over six months or 1% over three months. The rates are applicable immediately and are guaranteed over the fixed term even if the Bank of England base rate ...
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