Savings with a bonus

C&G Bonus Tracker

Main features

Operates by telephone, as well as letting you pay in money by post or at any C&G branch
Gives you access to your money without notice
Offers tiered interest rates - so the more you save, the more you earn
Rewards you with an attractive bonus for the first six months, with a bigger bonus for existing C&G mortgage customers
Lets you choose to have your interest paid annually or monthly
Rates are variable

Interest rates on this account

Current rates

Annual interest with bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£50,000+	1.04	0.79^	0.83
£25,000-£49,999	1.03	0.78^	0.82
£10,000-£24,999	1.02	0.77^	0.81
£1,000-£9,999	1.01	0.76^	0.80
£100-£999^^	0.50	0.50	0.40

Monthly interest with bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£50,000+	1.03	0.79^	0.82
£25,000-£49,999	1.02	0.78^	0.82
£10,000-£24,999	1.01	0.77^	0.81
£1,000-£9,999	1.00	0.76^	0.80
£100-£999^^	0.49	0.50	0.39

Annual interest with loyalty bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£50,000+	1.14	0.84^	0.91
£25,000-£49,999	1.13	0.83^	0.90
£10,000-£24,999	1.12	0.82^	0.89
£1,000-£9,999	1.11	0.81^	0.88
£100-£999^^	0.50	0.50	0.40

Monthly interest with loyalty bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£50,000+	1.13	0.84^	0.90
£25,000-£49,999	1.12	0.83^	0.89
£10,000-£24,999	1.11	0.82^	0.89
£1,000-£9,999	1.10	0.81^	0.88
£100-£999^^	0.49	0.50	0.39

Annual interest without bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£50,000+	0.54	0.54	0.43
£25,000-£49,999	0.53	0.53	0.42
£10,000-£24,999	0.52	0.52	0.41
£1,000-£9,999	0.51	0.51	0.40
£100-£999^^	0.50	0.50	0.40

Monthly interest without bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£50,000+	0.53	0.54	0.43
£25,000-£49,999	0.52	0.53	0.42
£10,000-£24,999	0.51	0.52	0.41
£1,000-£9,999	0.50	0.51	0.40
£100-£999^^	0.49	0.50	0.39

At the end of the six-month introductory bonus period, rates without bonus apply.

Interest rates effective from 01/04/09

C&G Cheltenham Gold

Main features

Branch-based with a passbook.
Lets you add and withdraw money in cash (up to £1,000 a day) or by cheque at any C&G branch or through the post.
Gives you instant access to your money and free withdrawals.
Lets you choose to have your interest paid annually or monthly.
New accounts opened after 9 November 2009 will receive a bonus for the first twelve months following account opening.
Rates are variable and include a fixed bonus of 1.50% payable for first 12 months.

Important information

Interest rates on this account

Current rates

Annual Interest - With Bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	2.00	2.00	1.60
£10,000 - £24,999	1.95	1.95	1.56
£0 - £9,999	1.90	1.90	1.52

Monthly Interest - With Bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	1.98	2.00	1.58
£10,000 - £24,999	1.93	1.95	1.54
£0 - £9,999	1.88	1.90	1.50

Annual interest - Without Bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	0.50	0.50	0.40
£10,000 - £24,999	0.45	0.45	0.36
£0 - £9,999	0.40	0.40	0.32

Monthly interest - Without Bonus
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	0.49	0.50	0.39
£10,000 - £24,999	0.44	0.45	0.35
£0 - £9,999	0.39	0.40	0.31

At the end of the twelve-month introductory bonus period, rates without bonus apply.

Interest rates effective from 09/11/09

C&G Reserve Account

Main features

Available to existing C&G savings customers who have a C&G savings account and have been a C&G savings account holder for 6 months or longer
Open with £10,000 or more
New accounts opened after 8 June 2009 will receive a bonus for the first nine months following account opening
No-notice access to your money
Three free withdrawals each year (further withdrawals are subject to a charge equivalent to 45 days' gross interest on the amount withdrawn)
Phone-operated, plus you can pay-in at any C&G branch or by post
Rates are variable

Important information

Interest rates on this account

Current rates

Accounts opened from 8 June 2009 - annual interest includes 1.70% bonus for the first 9 months Annual interest
Your savings amount	Gross % iii	AER % i	Net % ii
£10,000+	2.50	2.07~	2.00
£100-£9,999^^	0.50	0.50	0.40

Monthly interest
Your savings amount	Gross % iii	AER % i	Net % ii
£10,000+	2.47	2.07~	1.97
£100-£9,999^^	0.49	0.50	0.39

Accounts opened before 8 June 2009 - annual interest includes 0.85% bonus for the first 6 months Annual interest
Your savings amount	Gross % iii	AER % i	Net % ii
£10,000+	1.65	1.22^	1.32
£100-£9,999^^	0.50	0.50	0.40

Monthly interest
Your savings amount	Gross % iii	AER % i	Net % ii
£10,000+	1.63	1.22^	1.31
£100-£9,999^^	0.49	0.50	0.39

At the end of the introductory bonus period - rates without bonus apply Annual interest
Your savings amount	Gross % iii	AER % i	Net % ii
£10,000+	0.80	0.80	0.64
£100 - £9,999^^	0.50	0.50	0.40

Monthly interest
Your savings amount	Gross % iii	AER % i	Net % ii
£10,000+	0.79	0.80	0.63
£100 - £9,999^^	0.49	0.50	0.39

C&G Reserve Account changes effective from 08/06/09.

Interest rates effective from 01/04/09

C&G Reward Saver

Main features

An account that operates by post and telephone, plus you can pay-in money at any C&G branch
No-notice access to your money
Tiered interest rates - the more you save, the more you earn
Attractive bonus for the first six months
You can open an account with £1,000 or more
Rates are variable

Important information

Interest rates on this account

Current rates

Annual Interest with bonus: 0-2 withdrawals
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	1.50	1.15^	1.20
£1,000-£24,999	1.23	0.88^	0.98
£0-£999^^	0.50	0.50	0.40

Annual Interest with bonus: 3-6 withdrawals
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	1.23	0.88^	0.98
£1,000-£24,999	1.22	0.87^	0.97
£0-£999^^	0.50	0.50	0.40

Annual Interest with bonus: 7-12 withdrawals
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	1.22	0.87^	0.97
£1,000-£24,999	1.21	0.86^	0.96
£0-£999^^	0.50	0.50	0.40

Annual Interest with bonus: 13+ withdrawals#
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	0.50	0.50	0.40
£1,000-£24,999	0.50	0.50	0.40
£0-£999	0.50	0.50	0.40

Annual Interest without bonus: 0-2 withdrawals
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	0.80	0.80	0.64
£1,000-£24,999	0.53	0.53	0.42
£0-£999^^	0.50	0.50	0.40

Annual Interest without bonus: 3-6 withdrawals
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	0.53	0.53	0.42
£1,000-£24,999	0.52	0.52	0.41
£0-£999^^	0.50	0.50	0.40

Annual Interest without bonus: 7-12 withdrawals
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	0.52	0.52	0.41
£1,000-£24,999	0.51	0.51	0.40
£0-£999^^	0.50	0.50	0.40

Annual Interest without bonus: 13+ withdrawals#
Your savings amount	Gross % iii	AER % i	Net % ii
£25,000+	0.50	0.50	0.40
£1,000-£24,999	0.50	0.50	0.40
£0-£999	0.50	0.50	0.40

At the end of the six-month introductory bonus period, rates without bonus apply.

Interest rates effective from 01/04/09

i AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

ii Net interest is paid or credited after deduction of income tax at the lower rate of 20%.

iii Gross interest is the rate payable before the deduction of income tax and can only be paid or credited subject to the required certification. Interest cannot be paid gross to individuals not ordinarily resident in the UK for tax purposes. Individuals whose income falls within the basic rate band will have no more tax to pay on their interest. Individuals who are higher rate taxpayers will have to pay the extra tax due on their interest (the difference between tax deducted at 20% and the higher rate of 40%).

^ The AER for the C&G Bonus Tracker, C&G Reserve Account (accounts opened before 8 June 2009) and C&G Reward Saver reflects the 6 month bonus payable following account opening.

~The AER for the C&G Reserve Account (accounts opened after 8 June 2009) reflects the 9 month bonus payable following account opening

# Once 13 withdrawals have been made in a year, a fixed default rate of interest will apply.

^^ Interest rates for this tier are the default rates paid when the account balance falls below the minimum stated balance.

We may change the rates on an account at any time (other than fixed-rate accounts during the period of the fixed rate and C&G Bonus Tracker where the rates are guaranteed to track the Bank of England base rate). If you have one of the accounts shown and we change the rate, we will tell you using at least one of the ways set out in your account's conditions.

Rate changes to a C&G account or to other generally available accounts can affect an account's relative competitiveness and we do not promise that our rates will be better than those available elsewhere. If your balance falls below the minimum shown in the tables, please refer to the conditions of that account or ask for details.

Products and rates can change frequently and without notice, therefore please reload the page if viewing offline or through stored information on your computer.