The figures provided by the calculator are a guide only and are not a precise calculation.
The calculator assumes the interest rate does not change throughout the calculation. The calculation assumes we pay your interest without tax taken off.
Length of month
Months are of equal length.
The calculator assumes the same deposit is made every month, at the same time as cleared funds.
The calculator rounds to the nearest 0.1%, in some cases the calculator may underestimate interest paid.
Stands for Annual Equivalent Rate. It shows what the interest rate would be if the interest was reinvested in the account each year.