Previous Interest Rates
St. James's Place Bank no longer offers Current Accounts to new clients.
2nd April 2009 to 18th March 2010
Interest Rates +
All rates shown are variable
# If, without agreement, your current account goes overdrawn or you go over your overdraft limit, we will charge you interest on the amount of your overdraft that has not been arranged at the rate that we set for unarranged overdrafts.
Tax-free is the contractual rate of interest payable where interest is exempt from income tax. Tax treatment depends on your individual circumstances and may change.
* EAR is the Equivalent Annual Rate. If we agree to let you have an overdraft, we will decide your overdraft limit and tell you what it is. Overdrafts are repayable on demand.
** AER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and compounded each year. The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law (currently 20%). The net rate is the rate of interest payable after allowing for the deduction of income tax at the specified rate.
Unarranged overdrafts and payments you do not pay when you are meant to are not taken into account for the balance netting calculation.
Fees and Charges
Charges for using your debit card abroad
If you use your debit card abroad and make transactions other than sterling, the amount of each transaction will be changed to sterling on the date we take it out of your current account facility. This may not be the same date that the transaction is carried out. We will choose the exchange rate which will always be a reasonable one. We will charge a conversion fee of 2.25% of the amount of each foreign currency transaction. We will also deduct a service charge of £1.50.
2nd December 2008 to 1st April 2009
2nd November 2008 to 1st December 2008
30th April 2008 to 1st November 2008
2nd March 2008 to 29th April 2008
31st Dec 2007 to 1st March 2008
11th Nov 2006 to 30th Dec 2007
27th Aug 2006 to 10th Nov 2006
5th Sept 2005 to 26th Aug 2006
28th Nov 2003 to 4th Sept 2005
5th Aug 2003 to 27th Nov 2003
1st March 2003 to 4th Aug 2003
7th Oct 2002 to 28th Feb 2003
5th Dec 2001 to 6th Oct 2002
13th Nov 2001 to 4th Dec 2001
17th Oct 2001 to 12th Nov 2001
6th Sept 2001 to 16 Oct 2001
29th June 2001 to 5th Sept 2001