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| The information contained in this table summarises key product features and does not replace any terms and conditions. |
Summary Box
Key Product Information for our
Egg 2 Year Fixed Bond 2 |
| Account name | Egg 2 Year Fixed Bond 2 | | Interest rates (AERs) | 3.00% gross pa/AER fixed for 24 months from the date the account is opened. | | Tax status | Interest is paid net of basic rate unless you are eligible to receive gross interest in which case you must notify us. | | Conditions for bonus | n/a |
| Withdrawal arrangements | No withdrawals are permitted during the two year term. Early closure is subject to charge. | | Access | Online. |
Minimum deposit £1,000 maximum deposit £2,000,000
Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. In other words, the figure you see is the rate that will be used to work out the interest you'll be paid before income tax is taken off.
AER means the Annual Equivalent Rate and is a notional rate which illustrates the contractual interest rate as if paid and compounded on an annual basis.
As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
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