The Monmouthshire Building Society

The Monmouthshire Building Society

Phone: +44 01633 844 445, +44 01633 844 330

Saver Plus (Issue 2)

-Interest rates are variable and calculated on a daily basis. Bonus rates are fixed (unless otherwise stated), calculated on a daily basis and paid annually in accordance with the account terms and conditions.
-AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year. As every advert for a savings product will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
-The gross rate is the contractual rate of interest payable before the deduction of income tax at the specified rate.
-'Net' means the rate of interest payable after income tax is deducted at the appropriate rate, currently 20%.
-Full terms and conditions are available on request.


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