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Moneyfacts.co.uk Best Buy AA Internet Savings 23.12.09

AA Internet Extra (Issue 2) Account

Internet Extra (Issue 1) account 3.00% AER*. Apply online now.An excellent rate of interest. Apply online now for an Internet Extra Account with the AA

Manage my savings account

Log in to your Internet Extra Account Activate your Internet Extra Account

Account benefits

  • Invest from £1 up to £1 million.
  • Earn 3.00% gross p.a./AER. Rate includes a 12-month bonus of 2.50% gross p.a.
  • Apply for and manage your account securely online.
  • Make unlimited transactions using your linked account with no-notice withdrawals.
  • View full and mini statements online.
Apply now

Useful information

Summary box – AA Internet Extra (Issue 2) Account information

Things you need to know

  • Rates are effective from 14 January 2010.
  • You must link your account to another bank or building society account (which must accept direct debits and be in your name), to transfer money effortlessly to and from your account. This will be your 'linked account'.
  • You can only operate this account online.
  • Interest is variable, calculated daily and paid on the anniversary of the first deposit and annually thereafter. Interest can be paid to your account, to another AA savings account or to another UK bank or building society account.
  • AA Internet Extra (Issue 2) account is unavailable to joint account holders. If you wish to open an account that is to be operated by Power of Attorney, please call our AA Savings Team for more information.
  • When you've submitted your application online please allow five bank working days to receive correspondence regarding your application.
 

* AER stands for annual equivalent rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Gross is the contractual rate of interest payable before the deduction of income tax as specified by law.

Current and previous Bank of England interest rates can be found at:

http://www.bankofengland.co.uk/monetarypolicy/decisions.htm

Calls may be monitored and recorded for security and training purposes. Lines are open Monday to Saturday 8am to 8pm. Call charges may apply.

The deposit-taker for the AA savings accounts is Birmingham Midshires, a division of Bank of Scotland plc, which is authorised for accepting deposits by the Financial Services Authority. It is entered in the FSA's Register and its Register Number is 169628. Registered office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland No. SC327000.