Investec High 10 Account

No time to shop around for the best savings interest rate? With the High 10 Account, we do it for you, to make sure you receive a consistently competitive rate.

High 10

Key features

  • Interest rate paid is set independently, updated weekly and is the average of the top 10 savings rates published in the best buy tables on the Moneyfacts2 website
  • Three month notice account, with no early withdrawals permitted
  • Interest is paid monthly or annually and can be paid away to another UK bank or building society
  • Monthly interest option rate pays 3.12% gross p.a./3.16% AER
  • Online banking access
  • Minimum deposit of £25,000
  • Maximum balance of £100,000
  • Simple account opening process

How to apply

Moneyfacts' current highest savings rates as at 16 May 2012
Financial Institution Account Interest Rate (Gross p.a.)
Sharbrook Bank 120 Day Notice Personal Savings Account Issue 2 3.30%
Aldermore 120 Day Notice 3.20%
Hanley Economic Building Society Postal 180 Day Notice 3.20%
Krbs Internet 60 Day Notice Issue 2 3.20%
Investec Bank High 10 3.16%
Manchester Building Society Platinum Notice Issue 1 3.16%
Coventry Building Society Online Saver (2) 3.15%
Nationwide Building Society MySave Online Plus 3.12%
Close Brothers Savings Select Gold 180 Day Notice 3.11%
Melton Mowbray Building Society Online 100 Day Notice 3.10%
ING Direct Savings Account 3.06%
Key product information summary box
Account name The Investec High 10 Account
Interest rates Please see our latest interest rates on www.investec.co.uk/High10 or request a copy from your Client Manager on 0845 366 6333. Minimum balance required to earn interest is £25,000
Tax status Interest is paid net or gross, subject to the account holder’s tax status and may be subject to change
Withdrawal Three month notice account, with no early withdrawals permitted
Access Access to account information via online banking, post, fax and phone

1 AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. Gross means the interest rate payable before the deduction of tax. The AER is intended to be an indicative rate to help you compare the return on different savings products. Rates quoted represent the annual interest option.

2 Each Tuesday (or on the next Working Day, if this is not a Working Day), Moneyfacts will calculate the interest rate applicable to the Account using the ten highest rates selected by Moneyfacts from any of the following six categories: no notice accounts, notice accounts, internet accounts, monthly interest accounts, over 50s accounts, and introductory bonus accounts. No more than one interest rate from any one bank or building society will be taken into account in the calculation. Where two or more rates come from any one bank or building society the highest rate will apply. Where an interest rate is disqualified for this reason then the next highest interest rate which would apply will be used instead of that rate. Moneyfacts Group PLC of Moneyfacts House, 66-70 Thorpe Road, Norwich, Norfolk, NR1 1BJ is an entirely independent and impartial source of information and their selection charts can be seen throughout the UK national press and media.