صناديق أمانات الوطني

Interest rates updated on: 19th April 2024.

The interest rate on Watani Super is variable. Interest is calculated on your daily balance and paid quarterly to your account.

The estimated balance after 12 months based on a balance of GBP 100,000 would be as follows:

• Initial deposit: GBP 100,000
• Interest rate: 1.50% gross / 1.51% AER
• Balance at the end of 12 months: GBP 101,508.46

The interest rate on Notice Account is variable, Interest is calculated on your daily balance and paid monthly to your account.

The estimated balance after 12 months based on a balance of GBP 100,000 would be as follows:

35 days Notice Account

• Initial deposit: GBP 100,000
• Interest rate: 3.75% gross / 3.82% AER
• Balance at the end of 12 months: GBP 103,815.13

95 days Notice Account

• Initial deposit: GBP 100,000
• Interest rate: 4.00% gross / 4.07% AER
• Balance at the end of 12 months: GBP 104,074.15

The interest rate on the Fixed Term Deposit is fixed for the duration of the deposit. Interest will be paid to your account at the maturity of the deposit.

The estimated balance after 12 months based on a balance of GBP 100,000 would be as follows:

3 months

• Initial deposit: GBP 100,000
• Interest rate: 4.25% gross / 4.32% AER
• Balance at the end of 12 months: GBP 104,318.22

6 months

• Initial deposit: GBP 100,000
• Interest rate: 4.50% gross / 4.55% AER
• Balance at the end of 12 months: GBP 104,550.63

12 months

• Initial deposit: GBP 100,000
• Interest rate: 5.00% gross / 5.00% AER
• Balance at the end of 12 months: GBP 105,000.00

Gross is the rate of interest if interest were paid and not compounded each year.

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

For the purpose of the calculations above, it is assumed:

• Initial deposit is GBP 100,000
• No withdrawals
• No further deposits
• Interest rate did not change during the 12 months