Bank accounts at a glance

We offer a number of flexible, great-value bank accounts. Here we’ve listed the main features so you can see how they compare. If you’re still not sure which is best for you, call into an Abbey branch or phone us on 0800 587 2758.

	Abbey -Preferred In-Credit Rate	Abbey -Preferred Overdraft Rate	Reward Bank Account	11-15 Account	16-18 Account	Student Account	International Student Account	Graduate Account	Basic Account
In credit interest rate AER(see note 1 below)	6.00% AER (fixed) on balances up to £2,500 for first 12 months, then 0.1% AER (variable) on balances above	0.10% AER/0.10% gross(variable)	6.00% AER (fixed) on balances up to £2,500 for first 12 months, then 1% AER (variable) on balances up to £2,500. 0.1% AER (variable) on balances above £2,500	3% AER (variable) on balances up to £500 (5% for Youth Plus Account)	3% AER (variable) on balances up to £500. (% for Youth Plus Account)	2% AER (variable) on balances up to £500 (5% for Santander Universities Student Account)	3% AER (variable) on balances up to £500	0.5% AER (variable)	0%
Minimum amount paid in each Month (see note 3 below)	£1,000	£1,000	£1,000	One credit of any amount	£50	None	£50	None	None
Overdraft rate Typical EAR(see note 2 below)	19.9% (variable)	12.9% (variable)	12.9% (variable)	X	X	0% up to £1,800	X	Three years 0% up to £2,000	X
Online Banking	√	√	√	√	√	√	√	√	√
Telephone Banking	√	√	√	√	√	√	√	√	√
Card type	Visa debit	Visa debit	Visa debit	Visa Electron	Visa Electron	Visa debit (no cheque guarantee)	Visa Electron	Visa debit	Cash card
Chequebook	√	√	√	X	√	√	√	√	X
Monthly fee for account	X	X	£10	X	X	X	£5	X	X
	Apply now	Apply now	Find out more	Apply now	Apply now

Note 1 AER stands for Annual Equivalent Rate and shows what the interest would be if we paid interest and added it each year. The gross rate is the rate paid before income tax is taken. Rates may change and we pay interest each month.
Note 2 EAR stands for Effective Annual rate and represents the yearly cost of an overdraft, which takes into account how often interest is charged to the account and does not include any other fees or charges.
Note 3 If you do not meet the credit requirements the in-credit interest rate will be 0.1% gross/AER
Note 4 If you do not meet the credit requirements the overdraft interest rate will be 19.9% EAR (variable)

Rates correct as at 9 November 2009

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