Lifestyle Tracker Plus
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Account Name

Lifestyle Tracker Plus Issue 3

Interest Rates

Variable Rate

(AER)

Interest Tier

Gross %

AER%

NET%

£1 +

2.50% (Bank Base Rate plus 2.00% up to the 31st December 2011)

1.50% (Bank Base Rate plus 1.00% from the 1st January 2012 to 31st December 2012)

1st January 2013 the account matures into a Lifestyle Instant account. This account is a “balance banded account”.

2.50



1.50






2.00



1.20






Tax Status

Interest is paid net unless a gross registration form has been registered

Conditions for Bonus Payment

Not applicable

Withdrawal arrangements

A charge equivalent to 90 days loss of gross interest on all withdrawals. This charge may be taken from the capital invested.

Access

Post/branch/agency/introducers


Minimum opening balance £1

Maximum balance £100,000 Sole £200,000 Joint.

Tracker accounts follow the Bank of England Base Rate. The interest rate on this account will be changed within a maximum of 30 days following the change in the BOE base rate.

Interest rates on this account are subject to a maximum rate cap of 5%.

Only 1 Lifestyle Tracker Plus Issue 3 account can be held by an individual.

Interest is calculated on a daily basis and will be credited annually on the 31st December each year.

Interest can be compounded, transferred into another BIBS account or paid by BACS into a nominated bank account. (cleared funds in 3 working days).

Lifestyle Tracker Plus
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