High Interest Cheque Account

Savings accounts

The High Interest Cheque Account is now closed to new applications.

Features of the High Interest Cheque Account

  • You have convenient, flexible access to your funds through online and telephone banking
  • The account comes with a cheque book, and standing orders and direct debits can be set up
  • Interest is paid monthly.

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Key product information

Account name
Interest rates
Tax status
Withdrawal
Access

Account name

Account name

High Interest Cheque Account.

Interest rates

Interest rates

 0.25% gross AER*.

Tax status

Tax status

Interest will be paid without tax being deducted from 6 April 2016. Your tax treatment of the interest receipt will depend on your individual circumstances and if you have any specific tax questions, you should seek professional tax advice. Alternatively, further guidance can be found on the HMRC website.

Please note that your tax treatment may be subject to change in the future.

Withdrawal

Withdrawal

No notice, easy access account.

Access

Access

Access to account information via online banking, post, fax and phone.

Useful links

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Voyage account

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Fixed term deposits

Competitive rates of interest on one, two and three year terms in sterling, euros or US dollars.

£1m+ mortgages

Mortgages for sums of more than £1m, for residential homes and investment property purchases.

Banking and savings

Investec Financial Services Compensation Scheme

Your protection

Financial Services Compensation Scheme

Your eligible deposits are protected under the UK’s Financial Services Compensation Scheme (FSCS).

*AER

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. Gross means the interest rate payable before the deduction of tax. The AER is intended to be an indicative rate to help you compare the return on different savings products. Interest is paid gross.