Standard Life Self Investor will pay interest on cash balances, as explained in the Charges information document. If you hold a Smart+ Stocks and Shares ISA or Trading Account you can find your Charges information document in your literature library by logging into your Standard Life Self Investor account. In order to receive the interest, cash must be held within the Stocks and Shares ISA or Trading Account, and not within the cash account.
|Account type||Gross Annual Equivalent Interest Rate (AER)|
|Stocks and Shares ISA||0.18 %|
|Trading Account||0.18 %|
Please note that smart+ account charges will be applied to all investments and cash balances held. Please see your Charges information document for further details.
|Paid from||To||Stocks and Shares ISA gross||AER Trading Account gross AER|
|21 November 2016||2 July 2017||0.25 %||0.25 %|
|1 October 2016||20 November 2016||0.45%||0.45%|
|1 August 2016||30 September 2016||0.50 %||0.50 %|
|5 April 2016||31 July 2016||0.58 %||0.58 %|
|1 July 2014||4 April 2016||0.65 %||0.65 %|
|1 May 2014||30 June 2014||--||0.50 %|
The interest we pay you is not based on the amount that we receive from our banking partners.
In this quarter (01/07/2017 – 30/09/2017), the amount we expect to receive is an average of 0.30% per annum. This compares to an average of 0.40% per annum we received in the previous quarter 01/04/2017 – 30/06/2017).
Interest is calculated each day and could be zero or negative in the future.
We use investment and administration accounts when money is being paid in to and taken out of accounts held with us including when investment funds are bought and sold and when investment income is paid from a fund. No interest is paid on money in these accounts. We currently receive interest of 0.05% per annum on these accounts.