The information included in this table summarises key product features and does not replace any terms and conditions.
Key product information for our Flexible Saver Account Issue 9
Account name |
Flexible Saver Account (Issue 9) |
Interest rates (AERs) |
1.00% AER, 1.00% gross p.a. variable for 12 months for new customers only (this rate includes a 12 month fixed bonus rate of 0.50% gross p.a.). After this our underlying variable rate will apply - currently 0.50% AER, 0.50% gross p.a. Existing customers will receive our underlying variable rate. |
Tax status |
Interest is paid net of basic rate tax unless you are eligible to receive gross interest in which case you must notify us. |
Conditions for bonus payments |
The fixed bonus rate is only available to customers who are new to Citibank International plc and it applies for 12 months from the date the account is opened. |
Withdrawal arrangements |
No notice period or penalties for withdrawals. |
Access |
Online, by phone or by post. |
Minimum deposit £1 – maximum deposit £1million. The Flexible Saver Account is available to UK residents only.
The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. AER stands for the Annual Equivalent Rate and is a notional rate that illustrates what the contractual interest rate would be if interest was paid and compounded on an annual basis.