Pension and Trust Cheque Account

Pension and Trust Cheque Account 

  • Transactional bank account offering flexibility, streamlined administration and easy payment mechanisms
     
  • Clients can make use of a cheque book, standing order and direct debit facilities
     
  • There is no minimum balance on this account
     
  • Interest is calculated daily and paid monthly

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Pension and Trust Cheque Account interest rates¹
GBP Gross Net Gross AER¹
£0 to £9,999 0.05% 0.04% 0.05%
£10,000 to £24,999 0.25% 0.20% 0.25%
£25,000+ 0.50% 0.40% 0.50%

* Please read our terms and conditions below very carefully before signing your application. You should contact us if you need any clarification or further information.

These accounts are offered by Investec Bank plc

1 The rates shown above are correct as at 19 January 2012 and subject to variation. 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’ is the interest rate paid before the deduction of tax. 'Net' is the interest rate paid after the deduction of tax.