Features & benefits
Instant access variable rate savings account
A choice of three currencies - Sterling, Euro and US dollars
No notice or charges for withdrawals
Interest is paid quarterly
Online Banking and Telephone Banking to manage your money
No minimum balance for island residents
Key information
- There are no restrictions to the number of withdrawals or minimum withdrawal amount
- You can make immediate withdrawals up to the available balance via Online Banking, Telephone Banking, visiting our branch or in writing
- We will calculate interest daily on the cleared balance in the account
- Cheque books and Visa debit cards are not available
- Standing orders and direct debits are not available
- Please refer to the General Terms and Conditions for Call Accounts
Interest rates
Island Call Account - Sterling
Interest rates are effective from 20 March 2020
| Minimum balance to earn interest rate | Gross rate p.a. (variable) Interest paid quarterly | Annual Equivalent Rate (AER) (variable) |
| £0 - £74,999 | 0.00% | 0.00% |
| £75,000 - £999,999 | 0.00% | 0.00% |
| £1,000,000+ | 0.00%* | 0.00%* |
Island Call Account - Euro
Interest rates are effective from 01 February 2021
| Minimum balance to earn interest rate | Gross rate p.a. (variable) interest paid quarterly | Annual Equivalent Rate (AER) (variable) |
| €0 - €74,999 | 0.00% | 0.00% |
| €75,000 - €999,999 | -0.75% | -0.75% |
| €1,000,000+ | -0.75%* | -0.75%* |
Island Call Account - US dollar
Interest rates are effective from 20 March 2020
| Minimum balance to earn interest rate | Gross rate p.a. (variable) interest paid quarterly | Annual Equivalent Rate (AER) (variable) |
| $0 - $74,999 | 0.00% | 0.00% |
| $75,000 - $999,999 | 0.00% | 0.00% |
| $1,000,000+ | 0.00%* | 0.00%* |
Interest rates
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the rate payable where interest is paid without the deduction of tax. If a negative interest rate applies to your account, this will be calculated on the same basis as credit interest.
*If you have a balance in excess of £1 million (or currency equivalent) with us we offer a personalised service – please contact us so we can understand your banking needs
Ways to apply
Phone
Call us on 08000 84 28 88, if calling from a UK landline or mobile, or +44 (0) 1624 641 888, if calling from overseas
Lines are open 9am – 5pm UK time, Monday to Friday (except Wednesday when we open at 9.30am)
In branch
Visit us at:
Isle of Man
19-21 Prospect Hill
Douglas, Isle of Man, IM1 1ET
Jersey
13-15 Charing Cross
St Helier, Jersey, JE2 3RP
