Private account interest rates

Current Account and Mortgage Reserve Account

Previous		New
Gross rate pa	AER	Gross rate pa	AER
0.00%	0.00%	0.00%	0.00%

Private Reserve

90 Day Notice Account

	Previous		New
	Gross rate pa	AER	Gross rate pa	AER
£1+	1.65%	1.66%	2.05%	2.07%

90 days' notice is required for each withdrawal. If notice is not given, an interest penalty of 90 days on the amount withdrawn, calculated at the interest rate applicable to your account on the day of withdrawal, will be applied.

Cash ISA

Previous		New
Gross rate pa	AER	Gross rate pa	AER
0.50%	0.50%	0.25%	0.25%

Base Rate and borrowing rates

Coutts Base Rate

0.50% pa

Mortgage Reserve Account Managed Borrowing Rate

Overall cost for comparison

3.75% pa

4.1% APR

Coutts Unarranged Borrowing Rate (without prior arrangement)

26.00% pa

Coutts Base Rate is the same as the Bank of England Base Rate.
The Annual Equivalent Rate ('AER') is the notional rate which shows the gross interest rate as if paid and compounded on an annual basis.
'Gross' is the rate of interest before the deduction of Income Tax at the rate required by UK law.
Interest will be paid quarterly after deducting Income Tax (where applicable) at the rate required by law.
All rates are subject to variation.

Rates correct as at 1 April 2010

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