Savings Calculator

Any information is not intended to be a personal recommendation or offer legal, tax or professional advice. The information is indicative only and is not a quotation. Rates are subject to change.

This straightforward tool is designed to calculate, for illustration and comparison only, the interest rate that a client would make on a deposit within a Cater Allen account or Term Deposit based on today’s interest rate.

The results are for guide purposes only and are not a quotation; please remember that interest rates on Cater Allen accounts are variable and hence today’s interest rate is not necessarily the rate that will continue to be applied to the account, also that the interest rate applied to a Cater Allen Term Deposit is fixed only on the day the deposit is made.

The results generated are displayed gross. The calculator also assumes that no withdrawals are made from the account.

Interest Calculator for Savings

Enter the following details, then click "Calculate"

Calculate

 

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 interest rate we pay where no income tax has been deducted.

 

From 6 April 2016: Interest is now paid gross, without tax taken off, for more information please visit our news page.