
1. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. 2. In year two the rate becomes variable. 3. A bonus will be paid on each anniversary of the date the account was opened as long as you have made 12 consecutive monthly payments into the account, and no more than one withdrawal from it during that year. 4. The rate paid before the deduction of tax applied to interest on savings. Family Regular Saver interest is paid annually on the anniversary of the account opening.