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Interest Rates
Special Reserve Account
TESSA Only ISA
Self Invested Personal Pension
Fast Access Account
Interest Rates
Special Reserve Account K10

    Previous 01/07/2004   Current 01/09/2004
  Gross Rate p.a./AER   4.50%   4.75%
  Net Rate   3.60%   3.80%
  Bonus Rate
  Gross Rate p.a./AER   2.50%   2.50%
  Net Rate   2.00%   2.00%


Tessa Only ISA

  Gross Rate p.a./AER - tax free
    Previous 01/07/2004   Current 01/09/2004
  £10-£2,999   4.05%   4.30%
  £3,000-£5,999   4.05%   4.30%
  £6,000-£8,999   4.40%   4.60%
  £9,000+   4.65%   4.85%


Fast Access Account & SIPP Fast Access Account

    Previous 01/07/2004   Current 01/09/2004
  Monthly Gross Rate p.a.   4.50%   4.75%
  Monthly Net Rate p.a.   3.60%   3.80%
  AER   4.59%   4.85%


Premium Deposit Account - NO LONGER AVAILABLE

    Previous 01/07/2004   Current 01/09/2004
  Gross Rate p.a./AER   5.50%   5.75%
  Net Rate   4.40%   4.60%


Phased Investment Account - NO LONGER AVAILABLE

    Previous 01/07/2004   Current 01/09/2004
  Gross Rate p.a./AER   6.50%   6.75%
  Net Rate   5.20%   5.40%


AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year. Interest will be paid gross to eligible non-taxpayers who register with us. Otherwise it will be paid net of income tax at the prescribed rate. Rates may vary and are correct at 1st September 2004.

Net is the gross rate after allowing for deduction of basic rate income tax

 
 
   
Santander Portfolio Management UK Limited is a wholly owned subsidiary of Santander Asset Management UK Holdings Limited. Registered in England No.3839455 at: Abbey National House, 2 Triton Square, Regent 's  Place, London, NW1 3AN, United Kingdom. Telephone 0845 60 55 600 calls may be recorded or monitored. Authorised and regulated by the Financial Services Authority for the provision of investment management services.

Abbey National plc advises on mortgages, a limited range of life assurance, pension and collective investment scheme products and acts as an insurance intermediary for general insurance.