Cashbuild 90 account

Offers an attractive rate of interest for people who want to invest their money for a high return, with a 90 day notice period and tiered interest rates.

Summary of the key product features for this account

Summary Box
Key Product Information for our Savings Accounts

Account name

Interest rates (AERs)

Interest Tier	AER
£10,000 +	1.65% variable
£25,000 +	1.80% variable
£50,000 +	2.00% variable

Tax status

Interest is paid net of tax unless you have registered an R85 form

Conditions for bonus payment

There is no bonus payment for this account

Withdrawal arrangements

Up to three no notice withdrawals can be made each calendar year if a minimum balance of £10,000 is maintained, and providing the total amount withdrawn during the calendar year does not exceed £15,000 (balance permitting)

If your balance is under £10,000, 90 days notice is required for withdrawals or immediate access at the loss of 90 days interest (You will incur an interest penalty equivalent to 90 days interest, to be deducted from the capital sum if necessary)

Access

Access is via post, or one of our branches

Open with a minimum of £10,000
Maximum investment of £1,000,000 (£2,000,000 for joint accounts)
The interest rate is tiered, so the more you save the higher the rate of interest

Interest is paid annually on 31 December and credited directly to your account or can be paid to an account of your choice (please complete relevant section on the application form)
You must be seven or over to have this account

current rates | previous rates

Minimum investment	Investment amount	Gross p.a. / aer %	Net p.a. % (after deduction of basic rate tax)
£10,000		1.65	1.32
	£25,000 +	1.80	1.44
	£50,000 +	2.00	1.60

current rates valid from 26 May 2009

Minimum investment	Investment amount	Gross p.a. / aer %	Net p.a. % (after deduction of basic rate tax)
£10,000		1.15	0.92
	£25,000 +	1.30	1.04
	£50,000 +	1.50	1.20

previous rates valid from 1 April to 25 May 2009