Interest Rates
The table below clearly outlines all of our interest rates, which are effective from 1st January 2010.
If you would like further information about any of these accounts, or if you would like to request an application form simply contact us stating which account you are interested in.
All interest rates are subject to change. Current interest rates can always be obtained from the Society by telephone, or from the banking hall.
| Pullman | Gross & AER % | Previous Gross & AER% |
NET% | Previous NET % |
| £250,000+ | 2.25 | 2.00 | 1.80 | 1.60 |
| £100,000 - £249,999 | 1.75 | 1.50 | 1.40 | 1.20 |
| £25,000 - £99,999 | 1.45 | 1.20 | 1.16 | 1.00 |
| £10,000 - £24,999 | 1.25 | 1.00 | 1.00 | 0.80 |
| £250 - £9,999 | 1.00 | 0.25 | 0.80 | 0.20 |
| Monthly interest is available (minimum balance £25,000) at the gross rates above less 0.2%. | ||||
| Cash ISA | Gross & AER % | Previous Gross & AER% |
NET% | Previous NET % |
| £40,000 upwards | 3.00 | 2.75 | Tax free | Tax free |
| £30,000 - £39,999 | 2.75 | 2.50 | Tax free | Tax free |
| £20,000 - £29,999 | 2.50 | 2.25 | Tax free | Tax free |
| Below £20,000 | 2.25 | 2.00 | Tax free | Tax free |
| Stafford Community/Black & White | Gross & AER % | Previous Gross & AER% |
NET% | Previous NET % |
| £250 - £250,000 (Maximum) | 1.00 | 0.75 | 0.80 | 0.60 |
| Plus a donation to Stafford Rangers FC/SDVS of 1% of your average annual balance. | ||||
| World Land Trust | Gross & AER % | Previous Gross & AER% |
NET% | Previous NET % |
| £250 - £250,000 (Maximum) | 1.00 | 0.75 | 0.80 | 0.60 |
| Plus a donation to World Land Trust of 1% of your average annual balance. | ||||
| First Track | Gross & AER % | Previous Gross & AER% |
NET% | Previous NET % |
| £1 - £25,000 (Maximum) | 2.25 | 2.00 | 1.80 | 1.60 |
| Clients | Gross & AER % | Previous Gross & AER% |
NET% | Previous NET % |
| All Balances | 1.00 | 0.50 | 0.80 | 0.40 |
|
First Class Return (closed issue) |
Gross & AER % | Previous Gross & AER% |
NET% | Previous NET % |
|
£100,000+ |
3.00 |
2.00 |
2.40 |
2.00 |
| £10,000 - £99,999 | 2.00 | 1.50 | 1.60 | 1.60 |
| £5,000 - £9,999 | 1.00 | 0.25 | 0.80 | 0.20 |
| Corporate Pullman | Gross & AER % | Previous Gross & AER% |
NET% | Previous NET % |
| £250,000 - £500,000 | 2.00 | 2.00 | N/A | N/A |
| £100,000 - £249,999 | 1.50 | 1.50 | N/A | N/A |
| £10,000 - £99,999 | 1.20 | 1.20 | N/A | N/A |
| Below £10,000 | 1.00 | 0.25 | N/A | N/A |
|
Monthly interest is available (minimum balance £25,000) at the gross rates above less 0.2%. The taxation of account interest depends on your individual circumstances and may be subject to change in future. |
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"Gross" means that interest is paid without any tax being deducted by the Society. "Net" means that interest is paid after deduction of tax at the appropriate rate. If you are a taxpayer you are not eligible to receive interest gross, so you must tell the Society at once if you are receiving interest without tax having been deducted. "AER" stands for annual equivalent rate and takes into account the cumulative effect of interest earned on interest that is credited to the account more frequently than yearly. "Tax Free" means that the interest is exempt from tax, subject to HMRC regulations being fulfilled. If you know the type of account you require, we will give you full details of that account. If you do not know which account you require, we will give you all the information required to enable you to make an informed choice. Before opening an account, please ensure you read the information about the Charitable Assignment, which can be found on the appropriate account application form. |
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© Stafford Railway Building Society, 4 Market Square, Stafford, ST16 2JH
Stafford Railway Building Society is regulated by the Financial Services Authority, register number 206063, www.fsa.gov.uk/pages/register
The information contained on this site is to provide guidance to prospective borrowers and should not be interpreted as a statement of Society policy. All mortgage applications are subject to an appraisal of the financial standing of the applicant(s) and any guarantor(s).
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
