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Important information about your accounts
Cooling-off
If you are not happy with your account, you have a 14-day period in which to contact us to cancel your account or switch to another account. Any interest earned during the cooling-off period will be paid to you. This 14-day period begins on the date your account is opened or the date you receive your terms and conditions and other account information, whichever is the later.
The Financial Services Compensation Scheme
Barclays Bank PLC is a member of the Financial Services Compensation Scheme (FSCS) established under the Financial Services and Markets Act 2000. The FSCS protects deposits with the bank up to a total of £50,000 per depositor. Most depositors, including individuals and small firms, can benefit from this type of protection. The Scheme covers deposits made with branches of the bank in the UK and within the European Economic Area and deposits in all currencies are treated alike. This Scheme is not applicable to deposits held at branches in the Channel Islands or the Isle of Man.
Further details of the Scheme are available on request from the Financial Services Compensation Scheme, 7th floor, Lloyds Chambers, Portsoken Street, London E1 8BN. Helpline 020 7892 7300. Website www.fscs.org.uk
Our interest rates explained
Gross rate
If you are a non-taxpayer you may be able to receive interest gross, ie without the deduction of tax.
If you're certain that you're a non-taxpayer, the fastest way for you to register to receive interest tax-free is to print off the HM Revenue & Customs R85 Form (Adobe Reader** is required to view and print the policies) and drop your signed and completed form in at any of our branches, or send to:
Barclays
Leicester
LE87 2BB
You may find it useful to print off this page so that you have a record of the address. If you don't have access to a printer, you can pick up an R85 form at any of our branches or at your local Post Office or Tax Office.
Net rate
The rate payable after the deduction of lower rate tax (which may be reclaimed by non-taxpayers - see Gross rate above). As the rate of tax may vary, the net rate is given for illustration only and has been rounded to two decimal places.
AER - Annual Equivalent Rate
Illustrates what the interest rate would be if interest was paid and compounded once each year.
Tax-free
Indicates that the interest is exempt from UK income tax, provided all ISA conditions are met.
Changes to our interest rates
Whenever there's a change to our rates you'll usually find them printed in the Daily Telegraph, Daily Mail, Belfast Telegraph and The Scotsman, by calling 0845 603 0845* or by checking this page.
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Savings interest rates
