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Send money anytime:
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Email money to your mates, just by knowing their email address.
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Simple, safe and open 24x7.
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Transfer money from one external account to another.
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Use your debit card, Egg Savings Account or Egg Pay Account.
It's easy to use and we'll open you an Egg Pay Account so you can track your email payments online and earn a healthy rate of interest. Plus you can make your first email payment today. It really is that simple.
See the
Egg Pay Summary Box for more information on account features.
For important information about our product offers see
legal information.
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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 stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
So what's compounded interest? Each day you'll earn interest on whatever is in your account. So, come the next day and so on, you'll not only have earned interest on the original amount you deposited, but you also earn interest on the interest you earned previously.
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.
For important information about our product offers see legal information.
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