
Savings & Investments
Mercantile Closed Account Interest Rates
Current variable rates effective as at 1 August 2011
Limited issue rates effective from date shown by product name.
Interest rates are subject to variation.
| Bonus 90 (1% annual bonus payable if no withdrawals are made in each calendar year) | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
Annual Interest
£100,000+
£50,000+
£25,000+
£10,000+
£5,000+
|
Current
Previous
0.20
0.35
0.15
0.15
0.10
0.10
0.05
0.05
0.05
0.05
|
|
| Investment | Gross Rate§ p.a. | AER†% |
|
Monthly Interest
£100,000+
£50,000+
£25,000+
£10,000+
£5,000+
|
Current
Previous
0.20
0.35
0.15
0.15
0.10
0.10
0.05
0.05
0.05
0.05
|
Current
Previous
0.20
0.35
0.15
0.15
0.10
0.10
0.05
0.05
0.05
0.05
|
| Premier 60 (issue 2) | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
Annual Interest
£100,000+
£50,000+
£20,000+
£5,000+
|
Current
Previous
0.50
0.75
0.30
0.55
0.10
0.15
0.05
0.05
|
|
| Investment | Gross Rate§ p.a. | AER†% |
|
Monthly Interest
£100,000+
£50,000+
£20,000+
£5,000+
|
Current
Previous
0.50
0.75
0.30
0.55
0.10
0.15
0.05
0.05
|
Current
Previous
0.50
0.75
0.30
0.55
0.10
0.15
0.05
0.05
|
| MoneyMaker Plus | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
Annual Interest
£50,000+
£10,000+
£2,500+
£500+
|
Current
Previous
0.20
0.25
0.15
0.15
0.10
0.10
0.05
0.05
|
|
| Investment | Gross Rate§ p.a. | AER†% |
|
Monthly Interest
£50,000+
£10,000+
£2,000+
|
Current
Previous
0.15
0.25
0.10
0.15
0.05
0.10
|
Current
Previous
0.15
0.25
0.10
0.15
0.05
0.10
|
| Young Savers (Interest is paid half yearly) | |||
|---|---|---|---|
| Investment | Gross Rate§ p.a. | AER†% | |
|
£1+
|
Current
Previous
0.85
1.10
|
Current
Previous
0.85
1.11
|
|
| Paid Up Shares (Interest is paid half yearly) | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£1+
|
Current
Previous
0.05
0.05
|
|
| Savings Shares (1.80% annual bonus payable if 12 regular monthly payments are made and only one withdrawal is made per bonus period.) | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£1+
|
Current
Previous
0.05
0.05
|
|
| Regular Savings Bond (includes 3.00% Bonus) | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£1+
|
Current
Previous
3.05
3.05
|
|
| Privileged Savers Account (Only available for maturing Regular Savings Bonds. No further investments are allowed) | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£1+
|
Current
Previous
1.65
1.90
|
|
| Child Trust Fund (includes 1% bonus payable during first two 'subscription years' where additional investments of £250 or more are made in each 'subscription year') | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£1+
|
Current
Previous
2.30
2.55
|
|
| High Yield Bond | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
Annual Interest
£100,000+
£50,000+
£25,000+
£10,000+
£5,000+
|
Current
Previous
1.10
1.35
0.70
0.95
0.50
0.75
0.30
0.55
0.05
0.05
|
|
| Investment | Gross Rate§ p.a. | AER†% |
|
Monthly Interest
£100,000+
£50,000+
£25,000+
£10,000+
£5,000+
|
Current
Previous
0.85
1.10
0.45
0.70
0.25
0.50
0.10
0.30
0.05
0.05
|
Current
Previous
0.85
1.11
0.45
0.70
0.25
0.50
0.10
0.30
0.05
0.05
|
| Century Shares | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£5,000+
|
Current
Previous
6.30
6.30
|
|
| Investment | Gross Rate§ p.a. | AER†% |
|
£5,000+
|
Current
Previous
5.50
5.50
|
Current
Previous
5.64
5.64
|
| Mercantile Rollover Access | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£3,001+
|
Current
Previous
0.05
0.05
|
|
| 180 Day Shares | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
Annual Interest
£25,000+
£10,000+
£5,000+
|
Current
Previous
0.50
0.75
0.10
0.10
0.10
0.10
|
|
| Investment | Gross Rate§ p.a. | AER†% |
|
Monthly Interest
£25,000+
£10,000+
£5,000+
|
Current
Previous
0.50
0.75
0.10
0.10
0.10
0.10
|
Current
Previous
0.50
0.75
0.10
0.10
0.10
0.10
|
| Sixty Plus Account | |||
|---|---|---|---|
| Investment | Gross Rate§ p.a. | AER†% | |
|
£30,000+
£25,000+
£10,000+
£5,000+
|
Current
Previous
0.20
0.30
0.10
0.10
0.05
0.05
0.05
0.05
|
Current
Previous
0.20
0.30
0.10
0.10
0.05
0.05
0.05
0.05
|
|
| Mercantile Capital Bond | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£10,000+
|
Current
Previous
6.05
6.05
|
|
| Investment | Gross Rate§ p.a. | AER†% |
|
£10,000+
|
Current
Previous
5.25
5.25
|
Current
Previous
5.38
5.38
|
| Senior Saver | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£1,000+
|
Current
Previous
1.50
1.75
|
|
| Mini Cash ISA (including accounts formally called TESSA only ISA) | ||
|---|---|---|
| Investment | Gross Rate§ p.a. /AER†% | |
|
£1+
|
Current
Previous
1.50
1.75
|
|