ASDA Internet Savings

Internet Savings benefits

More than a really great rate

With a brilliant variable rate of 5.75% p.a. Gross/AER (includes bonus of 0.75% gross p.a. for 12 months), the ASDA Internet Savings Account is perfect for serious savers and people who just want the convenience of a savings account they can access from home.

Same great rate, no matter how much you save

Whether you're saving £100 or £100,000, the ASDA Internet Savings Account gives your savings an extra lift. That's because everyone gets a brilliant variable rate of 5.75% p.a. Gross/AER (includes bonus of 0.75% gross p.a. for 12 months).

Guaranteed to follow the Bank of England Base Rate

You'll get a great rate with the ASDA Internet Savings Account because it's guaranteed to follow the Bank of England Base Rate until October 31st 2010. This means that if the Base Rate goes up or down, so does your savings rate.

No need to queue in the bank

The ASDA Internet Savings Account can only be accessed online. So if you have a PC with an internet connection and a useable email address, you can manage your savings without having to leave the comfort of your own home. And because you have secure 24/7 access online, you can withdraw your money any time you like - even after the banks have shut.

Choice of monthly or annual interest

When you open your account, you can choose to receive monthly or annual interest.

No penalties for withdrawing your money

One of the big advantages of the ASDA Internet Savings Account is that you can withdraw your money any time without paying a penalty.

AER stands for Annual Equivalent Rate. This shows the national rate assuming interest was paid and compounded yearly. As every savings product advertisement (which quotes an interest rate) must show the AER, this lets you compare products more easily. Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. ASDA Internet Savings is provided by Bradford & Bingley plc, who are authorised and regulated by the Financial Services Authority (FSA reg no 106126). Registered Office: PO Box 88, Croft Road, Crossflatts, Bingley, West Yorkshire BD16 2UA. Registered in England No. 3938288. VAT registration number 287371034. ASDA Registered Office: ASDA House, Southbank, Great Wilson Street, Leeds, West Yorkshire LS11 5AD.

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