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Details On The eSaver Direct (Issue 2) By Santander
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How Is The Interest Paid? - Your interest is calculated daily and paid on an annual basis. Is The Interest Rate Guaranteed? - No. What Is AER? - A.E.R. stands for Annual Equivalent Rate and illustrates the interest rate if paid and compounded each year. Gross p.a. means the yearly rate of interest before income tax deduction, if applicable. Interest is calculated daily, based on the total balance in your account at the end of each day and is added to your account each month. Special Features
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