UK interest rates

Accounts for Private Clients

Current Account* and Mortgage Reserve Account

	Previous		New
	Gross rate pa	AER	Gross rate pa	AER
£10,000+	0.15%	0.15%	0.15%	0.15%

Interest is paid on the whole balance where the balance is £10,000 or more.

Private Reserve Account

	Previous		New
	Gross rate pa	AER	Gross rate pa	AER
£3M+	5.10%	5.20%	4.80%	4.89%
£1,000,000-£2,999,999	5.00%	5.09%	4.65%	4.73%
£500,000-£999,999	4.25%	4.32%	3.75%	3.80%
£100,000-£499,999	4.00%	4.06%	3.75%	3.80%
£50,000-£99,999	3.35%	3.39%	2.80%	2.83%
£1-£49,999	2.15%	2.17%	1.80%	1.81%

Interest is paid on the whole balance where the balance is £1 or more.

	Previous		New
	Gross rate pa	AER	Gross rate pa	AER
Cash ISA	4.75%	4.84%	4.50%	4.58%

Deposit Accounts for Business Clients

Business Reserve Account

	Previous		New
	Gross rate pa	AER	Gross rate pa	AER
£250,000+	3.00%	3.03%	2.75%	2.78%
£100,000-£249,999	2.75%	2.78%	2.50%	2.52%
£20,000-£99,999	2.25%	2.27%	2.00%	2.02%
£1-£19,999	2.00%	2.02%	1.75%	1.76%

Interest is paid on the whole balance where the balance is £1 or more.

Clients' Reserve Account

	Previous		New
	Gross rate pa	AER	Gross rate pa	AER
£50,000+	2.75%	2.78%	2.50%	2.52%
£20,000-£49,999	2.50%	2.52%	2.25%	2.27%
£1-£19,999	1.75%	1.76%	1.50%	1.51%

Interest is paid on the whole balance where the balance is £1 or more.

Other rates

Base Rate	5.00% p.a.
Mortgage Reserve Account Managed Borrowing Rate	6.35% p.a.
Coutts Unarranged Borrowing Rate (without prior arrangement)	26.00% p.a.

* If you have opted to receive credit interest.

• 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 September 2008

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