Interest Rates

Pilling & Co Interest Rates

We pay gross interest on your cash using a tiered system at rates fixed by us. Your cash is always held in accounts segregated from our own, and only in banks which are authorised and regulated by the FSA. We pay interest to your account after a variable administrative deduction. An example of the rates are detailed opposite and our current rates are always available on request. Some products are subject to other charges (e.g. Cash in a Stocks & Shares ISA is subject to a 20% flat rate charge by HMRC). The Interest Rates listed here do not apply to Child Trust Funds. Details of the rates which do apply to Child Trust Funds can be found here.

Ł	Rate
Up to Ł25,000	0.1%
Over Ł25,000 up to Ł50,000	0.2%
Over Ł50,000	0.4%
The minimum credit amount is Ł1 for each quarterly calculation.

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