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Egg Home >   Bank >    Savings products >
Egg Savings - watch your money grow
Savings products
Egg Savings Account
Cash ISA
Egg bonds
important savings information
Egg Savings Account. 2.50% gross pa/AER variable
Get 2.50% gross pa/AER variable and watch your savings grow. Includes a fixed 12 month introductory bonus rate from the date your account is opened on balances from £1 to £1 million.
find out more
Egg Fixed Rate Bond. Get a guaranteed rate of 3.00% gross pa/AER fixed for a two year term.
find out more about the Egg Fixed Rate Bond
Make a good move and earn tax-free interest on your savings. Get a rate of 2.50% gross pa/AER (variable) tax-free with the Egg Cash ISA 2.
find out more about the Egg Cash ISA 2
 Minimum deposit for the Egg Savings Account (Internet) is £1, maximum deposit for first 12
 months £1,000,000. Any balances above £1,000,000 will receive no interest on that portion of their
 money during the first 12 months. After the first 12 months there is no maximum. Interest paid
 annually.
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.