Suspended Accounts
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These are accounts that are no longer available to new investors. The tables set out below will provide you with a simple guide to the interest rates of the accounts that have been suspended. Should you have any queries regarding your savings account please contact us on 0161 923 8065. ISA
Manchester Fixed Rate Accounts
Manchester Instant Accounts
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Premier Notice (Rate effective from 12th Nov 08) |
AER% |
Gross% |
Net% |
Previous AER% |
| £1,000 - £100,000 | 3.31 | 3.31 | 2.65 | 4.31 |
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Money By Mail 90
(Rate effective from 12th Nov 08) |
AER% |
Gross% |
Net% |
Previous AER% |
| £100,000 - £250,000 | 3.96 | 3.96 | 3.17 | 4.96 |
| £1,000 - £99,999 | 3.86 | 3.86 | 3.09 | 4.86 |
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Premier Ninety
(Rate effective from 12th Nov 08) |
AER% |
Gross% |
Net% |
Previous AER% |
| £1,000 - £100,000 | 3.47 | 3.47 | 2.78 | 4.47 |
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Classic Account (Annual Interest)
(Rate effective from 12th Nov 08) |
AER% |
Gross% |
Net% |
Previous AER% |
| £100,000 - £200,000 | 2.35 | 2.35 | 1.88 | 3.35 |
| £1,000 - £99,999 | 2.20 | 2.20 | 1.76 | 3.20 |
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Classic Account (Monthly Interest)
(Rate effective from 12th Nov 08) |
AER% |
Gross% |
Net% |
Previous AER% |
| £100,000 - £200,000 | 2.35 | 2.33 |
1.86 |
3.35 |
| £1,000 - £99,999 |
2.20 |
2.18 |
1.74 |
3.20 |
Manchester Business Accounts
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Business Instant
(Rate effective 12th Nov 08) |
AER% | Gross% |
Net% |
Previous AER% |
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£150,000 - £350,000 |
0.26 | 0.26 | 0.21 | 1.26 |
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£50,000 - £149,999 |
0.05 |
0.05 |
0.04 |
1.01 |
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£25,000 - £49,999 |
0.05 |
0.05 | 0.04 | 0.51 |
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£1,000 - £24,999 |
0.05 | 0.05 |
0.04 | 0.25 |
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Business Notice 30
(Rate effective from 12th Nov 08) |
AER% |
Gross% |
Net% |
Previous AER% |
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£150,000 - £500,000 |
1.31 |
1.31 |
1.05 |
2.31 |
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£50,000 - £149,999 |
0.81 |
0.81 |
0.65 |
1.81 |
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£25,000 - £49,999 |
0.31 |
0.31 |
0.25 |
1.31 |
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£5,000 - £24,999 |
0.06 |
0.06 |
0.05 |
1.06 |
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£1,000 - £4,999 |
0.05 |
0.05 |
0.04 |
0.56 |
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Business Notice 45
(Rate effective from 12th Nov 08) |
AER% |
Gross% |
Net% |
Previous AER% |
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£150,000 - £500,000 |
1.91 |
1.91 |
1.53 |
2.91 |
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£50,000 - £149,999 |
1.71 |
1.71 |
1.37 |
2.71 |
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£25,000 - £49,999 |
1.56 |
1.56 |
1.25 |
2.56 |
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£5,000 - £24,999 |
0.31 |
0.31 |
0.25 |
1.31 |
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£1,000 - £4,999 |
0.05 |
0.05 |
0.04 |
0.81 |
POINTS TO NOTE
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added to the account each year.
Interest is payable gross subject to receipt of certification as required by HM Revenue & Customs, or net of tax at the appropriate rate required by legislation. Non tax payers and lower rate tax payers may be able to reclaim this tax in full or part from HM Revenue & Customs. Net rates are illustrative only and assume tax is accounted for at a rate of 20%. All interest rates quoted are variable. Where balances fall below the minimum for any particular account type, the Paid Up Share rate will apply (currently 0.25%). The Society reserves the right to close accounts where the minimum balance has not been maintained.