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1. www.bankofscotland.co.uk › bankaccounts › vantageVantage Account | Bank Accounts - Bank of Scotland

   www.bankofscotland.co.uk › bankaccounts › vantage

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   It pays 1.50% AER (1.49% gross p.a.) variable on balances from £1 up to and including £3,999.99, and 3.00% AER (2.96% gross p.a.) variable on any part of the balance from £4,000 up to and including £5,000. You won’t earn interest on any part of your balance over £5,000. Interest is paid monthly.

2. forums.moneysavingexpert.com › discussion › 6402177Interest - paid monthly or annually? - MoneySavingExpert Forum

   forums.moneysavingexpert.com › discussion › 6402177

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   Nov 10, 2022 · If monthly interest is paid into the account, then it will compound and you'll achieve the quoted AER - if you get it paid away to an external account then you'll only achieve the gross rate.

3. www.bankofscotland.co.uk › vantage-guideBank of Scotland Vantage Information and Rates

   www.bankofscotland.co.uk › vantage-guide

   Vantage interest rates are variable, calculated daily and paid monthly. The rate payable depends upon the account balance. The rate applicable to each part of the account balance is shown in the table below.

4. moneyfactscompare.co.uk › savings-accounts › monthlyBest Monthly Interest Savings Account | Rates Up To 5.25%

   moneyfactscompare.co.uk › savings-accounts › monthly

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   Monthly interest accounts could be appealing to savers who want their savings interest to supplement their income. You can use our chart below to compare the best monthly interest savings accounts and rates in the UK.

5. www.raisin.co.uk › savings › monthly-interest-accountsMonthly interest savings accounts explained - Raisin UK

   www.raisin.co.uk › savings › monthly-interest-accounts

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   The following savings accounts may pay monthly interest: Fixed rate bonds typically offer competitive interest rates if you have a lump sum to deposit that you won’t need to access for a set term, usually between six months and five years.

6. www.moneysavingexpert.com › news › 2020Interest rates on Club Lloyds and Bank of Scotland Vantage ...

   www.moneysavingexpert.com › news › 2020

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   Jul 23, 2020 · Lloyds and Bank of Scotland customers will earn less interest on Club Lloyds and Vantage accounts from October. If you're a Club Lloyds or Vantage account customer, then from 1 October 2020: You'll earn 0.6% AER interest on balances between £1 and £3,999.99. This is reduced from the 1% you earn now.

7. People also ask

   Does vantage pay interest?

   • Vantage doesn't pay interest on the amount of any balance over £5,000 so, if you have more than this to save you might want to consider talking to us about our range of savings accounts. Vantage interest rates are variable, calculated daily and paid monthly. The rate payable depends upon the account balance.

   Bank of Scotland Vantage Information and Rates

   www.bankofscotland.co.uk/assets/pdf/bankaccounts/vantage-guide.pdf

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   How are vantage interest rates calculated?

   • Vantage interest rates are variable, calculated daily and paid monthly. The rate payable depends upon the account balance. The rate applicable to each part of the account balance is shown in the table below. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

   Bank of Scotland Vantage Information and Rates

   www.bankofscotland.co.uk/assets/pdf/bankaccounts/vantage-guide.pdf

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   How do I earn interest on vantage?

   • It’s straightforward; simply: pay at least two different Direct Debits from your account each calendar month. If in any month you don’t meet these criteria, you won’t earn any interest but you won’t be charged for having Vantage. You won’t earn interest on any balance over £5,000.

   Vantage Account | Bank Accounts | Bank of Scotland

   www.bankofscotland.co.uk/bankaccounts/vantage.html

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   Which savings accounts pay interest monthly?

   • A range of savings accounts can pay interest monthly, including easy access accounts, notice accounts and fixed bonds. However, not all providers give you the option of having interest paid monthly. You can view the savings accounts that can pay interest monthly on the chart above.

   Best Monthly Interest Savings Account - Moneyfactscompare

   moneyfactscompare.co.uk/savings-accounts/monthly-interest-accounts/

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8. www.moneysavingexpert.com › savings › savingsBest savings accounts: 5.2% easy access or 5% fixed rates

   www.moneysavingexpert.com › savings › savings

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   However, because you can't access the interest until the end of the five-year fixed term, all the interest counts towards the fifth year's PSA, and far exceeds both the basic- and higher-rate limits. This means you'd have to pay tax – about £292 for basic-rate taxpayers, £784 for higher-rate.