Interest rates for private clients
Private Accounts
Rates for available accounts
View the interest rates and borrowing rates for
Current Account and Student Account
Private Reserve Account
60 Day Notice Account
Fixed Term Money-Market Deposits
Cash ISA
Loyalty Reserve Issue II
Monthly Reserve Issue II
Base Rate and Unarranged Borrowing Rate
Rates for accounts no longer available
View the interest rates and borrowing rates for
90 Day Notice Account
Monthly Reserve Issue I
Current Account and Student Account*
|
Previous |
New |
||
|
Gross rate p.a. |
AER |
Gross rate p.a. |
AER |
|
0.00% |
0.00% |
0.00% |
0.00% |
Interest paid quarterly.
Private Reserve Account
|
|
Previous |
|
New |
|
|
Balance |
Gross rate p.a. |
AER |
Gross rate p.a. |
AER |
|
to £249,999 |
N/A |
N/A |
0.30% |
0.30% |
|
Over £249,999 |
N/A |
N/A |
0.50% |
0.50% |
Interest paid monthly.
60 Day Notice Account
|
|
Gross rate p.a. |
AER |
|
£25m+ |
0.00% |
0.00% |
|
£1,000,000 - £25,000,000 |
1.25% |
1.26% |
|
£100,000 - £999,999 |
1.00% |
1.00% |
|
£1 - £99,999 |
0.00% |
0.00% |
Interest paid monthly.
60 days' notice is required for each withdrawal.
Cash ISA
|
|
Previous |
New |
||
|
Balance |
Gross rate p.a. |
AER |
Gross rate p.a. |
AER |
|
All credit balances |
0.75%
|
0.75%
|
0.75%
|
0.75%
|
Interest paid quarterly.
Interest is paid tax free
Loyalty Reserve Issue II
| Loyalty Reserve Account Issue II (Sterling) | Year 1 AER/Gross Rate p.a. | Year 2 AER/Gross Rate p.a. | Year 3 AER/Gross Rate p.a. |
| £25m+ | 0.00% | 0.00% | 0.00% |
| £1,000,000 - £25,000,000 | 1.50% | 1.75% | 2.00% |
| £1000,000 - £999,999 | 1.30% | 1.55% | 1.80% |
| £1 - £99,999 | 0.00% | 0.00% | 0.00% |
Interest paid annually
The interest rates include an underlying variable rate, the Year 1 rate as shown above, plus a fixed bonus of 0.25% paid in Year 2 and 0.50% paid in Year 3 respectively. You are permitted to make one withdrawal per year (i.e. from date of anniversary of account opening). You must provide 95 days’ notice before making a withdrawal and you are only allowed to provide notice once a year.
Monthly Reserve Account Issue II
| Monthly Reserve Account Issue II |
Sterling |
Euro |
US Dollar |
|||
|
Gross rate pa |
AER |
Gross rate p.a. |
AER |
Gross rate p.a. |
AER |
|
|
£/€/US$ 25m+ |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
£/€/US$ 1,000,000- |
1.00% |
1.00% |
0.15% |
0.15% |
0.15% |
0.15% |
|
£/€/US$ 100,000- |
0.75% |
0.75% |
0.15% |
0.15% |
0.15% |
0.15% |
|
£/€/US$ 1 - |
0.10% |
0.10% |
0.05% |
0.05% |
0.05% |
0.05% |
Interest paid monthly
Interest rates offered if no withdrawals are made. If you make one withdrawal or more in a calendar month then you will receive the rate of interest of the lowest balance tier on your full balance throughout that calendar month.
Base Rate and borrowing rates
| Adam Base Rate | 0.50% p.a. |
| Adam House Mortgage Rate Overall cost for comparison |
3.25% p.a. 3.50% APR |
| Mortgage Reserve Account Managed Borrowing Rate Overall cost for comparison |
3.75% p.a. 4.10% APR |
| Adam Unarranged Borrowing Rate (without prior arrangement) |
8.50% p.a. |
The Adam Base Rate tracks the Bank of England Base Rate.
*Credit interest rates for Adam Current and Student Accounts for Private Clients track the Bank of England Base Rate as follows: For balances over £5,000 to £10,000 – BoE Base -3.85%, for balances over £10,000 – BoE Base -3.15%. (Minimum 0.00%.)
The Annual Equivalent Rate ('AER') is the notional rate which shows the gross interest rate as if paid and compounded on an annual basis.
'Gross' is the rate of interest before the deduction of Income Tax at the rate required by UK law.
Interest will be paid after deducting Income Tax (where applicable) at the rate required by law.
All rates are subject to variation.
We offer our clients money market deposit facilities in sterling, euros and other major currencies for periods ranging from call or overnight, to one year and beyond. Rates are available from your relationship manager.
Rates correct as at 13 May 2013.
Rates for accounts no longer available
90 Day Notice Account
|
|
Previous |
New |
||
|
Balance |
Gross rate p.a. |
AER |
Gross rate p.a. |
AER |
|
All credit balances |
N/A |
N/A |
2.05% |
2.07% |
New rate effective from 28/01/2013
90 days' notice is required for each withdrawal. If notice is not given, an interest penalty of 90 days on the amount withdrawn, calculated at the interest rate applicable to your account on the day of withdrawal, will be applied.
Monthly Reserve Account Issue I (for accounts opened between 16/11/2012 and 17/04/2013)
|
Monthly Reserve Account Issue I |
Sterling |
Euro |
US Dollar |
|||
|
Gross Rate p.a. |
AER |
Gross Rate p.a. |
AER |
Gross Rate p.a. |
AER |
|
|
£/€/$ 25m+ |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
|
£/€/$ 10,000,000 –£/€/$ 25,000,000 |
1.50% |
1.51% |
0.55% |
0.55% |
0.55% |
0.55% |
|
£/€/$100,000 – £/€/$ 9,999,999 |
1.30% |
1.31% |
0.55% |
0.55% |
0.55% |
0.55% |
|
£/€/$1 – £/€/$ 99,999 |
0.10% |
0.10% |
0.01% |
0.01% |
0.01% |
0.01% |
Interest paid monthly
Interest rates offered if no withdrawals are made. If you make one withdrawal or more in a calendar month then you will receive the rate of interest of the lowest balance tier on your full balance throughout that calendar month.
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