Benefit Shares (20010)

Summary Box – Key Product Information for Our Savings Accounts

For the lower tiers this is our top earning account with interest paid twice yearly. Withdrawals can be made on demand up to certain limits or at one day's written notice, subject to sixty days' loss of interest on the amount withdrawn. The penalty is waived if the balance remaining after the withdrawal is not less than £10,000 or if you give ninety days' written notice of withdrawal.

Rates from 1st February 2010 (Previous rates to 31/01/2010 are shown in brackets)

	GROSS AER	GROSS	NET
For investments of £40,000 or more	1.26% (1.62%)	1.26% (1.61%)	1.01% (1.29%)
For investments of £25,000 or more	0.97% (1.32%)	0.97% (1.32%)	0.78% (1.06%)
For investments of £10,000 or more	0.38% (0.73%)	0.38% (0.73%)	0.30% (0.58%)
For investments of £500 or more	0.10% (0.20%)	0.10% (0.20%)	0.08% (0.16%)
TERMS
£500 minimum. Ninety days' written notice of withdrawal with full interest. Withdrawals at one day's written notice with sixty days' loss of interest on sum withdrawn. Withdrawals may be made at one day's written notice and without penalty provided the balance REMAINING in the account after withdrawal is not less than £10,000.