Islamic Bank of Britain-Direct Savings Account

Our Direct Savings account has been designed to provide you with easy online access as well as a higher rate of profit than our Instant Savings Account.

Features and benefits:

Target profit rate of 4.00%
Profit paid monthly
Approved by our Sharia’a Supervisory Committee, you can be sure that your savings earn a halal return
Simple and convenient to operate either online, 24 hours a day, or through the post
Making a deposit

You can make a deposit into your Direct Savings Account:

• By making an online transfer from another account or by money transfer (BACS)

• By sending a cheque by post to our Head Office at the following address:

Islamic Bank of Britain PLC

PO Box 12461

Birmingham

B16 6AQ

Making a withdrawal

You may make withdrawals from your Direct Savings Account in the following ways:

• By making an online transfer from your Direct Savings Account to another account.*

• By writing to us at our Head Office address,giving us instructions to make a payment to a third party account or requesting a withdrawal (in this case we will send you a cheque in your name for the requested amount).

• No cash withdrawals are allowed

You must maintain a minimum balance of £1,000 in accordance with the Terms and Conditions of this account.

Sharia’a Approval – Certificate of Endorsement

Our Direct Savings Account has been approved by our Sharia’a Supervisory Committee.

More: www.islamic-bank.com

Julian Hodge Bank-Fixed Interest Rate Accounts

A safe place for your savings with guaranteed returns
If you want to know how much interest you are going to earn on your money, a fixed rate account is the perfect solution. This allows you to plan for the future, ensuring that your savings realise their potential and provide a lump sum for that special holiday, new car or other major financial commitment. Alternatively it can provide you with a nest-egg for your future financial security or a monthly income to assist in your day-to-day expenses.

Our Short Term Fixed Rate Accounts and Capital Millennium Bonds offer attractive interest rates for savers who are able to leave their money untouched for a specific period. With our fixed rate accounts, even if other interest rates fall, your savings will continue to earn the same competitive interest rate. The maximum aggregate amount permitted in personal deposits is currently £1,000,000, including those balances held in our variable rate accounts.

More: www.julianhodgebank.com

Julian Hodge Bank-Variable interest Rate Accounts

In case of financial emergencies and before you start investing on a longer term basis, you should consider having around £2,000 in an easy access account. It is vital that you should have an easy access account for those unforeseen expenses.

Julian Hodge Bank variable rate accounts offer the choice of a deposit account to suit most requirements. Our variable accounts offer interest credited to your account on an annual basis on 31st March or on the following business day if this falls on a non-working day. Alternatively interest can be paid on a monthly basis. Interest is paid on all balances above £1,000.

We aim to ensure that you receive an attractive rate of interest at all times, and closely monitor the Bank of England Base Rate. Please see the Terms and Conditions leaflet (available on request) for full details.

We keep you fully updated on the amount deposited into your account and the interest accrued by issuing statements on your account on a quarterly basis. The maximum aggregate amount permitted in personal deposits is currently £1,000,000, including those balances held in our fixed rate accounts.

More: www.julianhodgebank.com

National Westminster Bank-Student Credit Card

Great savings and a real-world credit limit
Want bargains? Get savings you can really use. Want to keep a lid on your finances? A maximum credit limit of £500 could help.

Financial benefits Interest-free period every monthIf you pay your balance (and your previous month’s balance) in full and on time each month you’ll enjoy up to 56 days’ interest free credit on all purchases. Typical 18.9% APR (variable).
No annual fee We don’t send you a bill just for choosing a Student Credit Card.
Take control of your cardManage your credit card online Check your balance or make a payment from your computer.

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Worry-free payments A Direct Debit means you’ll always pay your bill on time. Settle the balance in full or choose any other amount. However, we don’t recommend just making the minimum payment and you must have sufficient funds to pay your direct debit successfully.
Cash advance Your Student Credit Card gives you access to £300 each day, from cash machines around the world. The amount you can withdraw depends on your credit limit, and there’s a 3% handling fee – a minimum of £3.
TravelNatWest Travel Service Book holidays and work trips with a wide choice of discounts, including air tickets and hotels.

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UK breaks 10% off at Superbreak, with access to over 1,600 hotels across the country. From the big city to the great outdoors, there’s everything from comfortable right up to supreme luxury.
Student savingsFull details of how to take advantage of these offers will be sent to you with your Welcome Pack.

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25% off Lonely Planet guides Spend over £10 to get valuable savings from the big name in student travel.

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£5 Firebox voucher Save on the latest gadgets and gifts. Firebox is stacked out with the latest, greatest products.

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Sports and casual wear Get 15% off at kitbag.com, choose from brands like Adidas, Nike and Puma.

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Free DVD rentals by post Subscribe to any MyMovieStream package and the second month is free.

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NatWest Wine Club Look out for cardholder-only offers, as well as the occasional free gift. For more details or to register please call 0870 162 0331*.
*Maximum call charge from a BT landline is 6p plus up to 6p per minute. Calls from other networks may vary.

Summary Box
The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR	Typical 18.9% APR (variable)

Other Interest Rates	Monthly Rate	Annual Rate
		Simple	Effective
Purchases	1.456%	17.427% p.a.	18.941% p.a.
Cash Advances	2.075%	24.900% p.a.	27.948% p.a.
Money Transfers	1.456%	17.472% p.a.	18.941% p.a.

Interest Free Period	Maximum 56 days for purchases if you pay your balance in full and on time, and have paid the previous month’s balance in full and on time No interest-free period on cash advances or money transfers

Interest Charging Information	The periods over which interest is charged are as follows:
	From	Until
Purchases	Transaction date	Repaid in full
Cash advances	Transaction date	Repaid in full
Money transfers	Date debited to your account	Repaid in full

Allocation of Payments	Interest on special offers Other interest, any fee and charges Special offers Purchases Cash Advances and money transfers See section 2(D)(c) of your Credit Card Agreement for full details.
Minimum repayment	Each month, the greater of 2.25% of your balance (rounded down to the nearest pound) or £5.We do not recommend that you only ever make your minimum payment.
Amount of credit	Maximum £500. Subject to status.
Fees	No annual fee.
Charges	Cash advances (except gambling transactions): 3%, minimum of £3 Transactions in foreign currencies (including purchase of foreign currency and travellers’ cheques): 2.75% Copies of statements: £3 Returned Payment: £10
Default charges	Over limit: £12 Late payment: £12

More: www.natwest.com

National Westminster Bank-Platinum Credit Card

Status comes as standard
If you’re aged over 25 and earn over £25,000, a NatWest Platinum Card offers the convenience and status you’ve been looking for.

Interest-free balances and purchases Transfer your balances13 months is a long time in most people’s book. And it’s exactly how long you could be paying 0% interest on your balance transfers – from the moment of account opening.
Simply pay a 2.9% fee when you transfer a balance in the first three months – minimum fee £5. Typical 16.9% APR (variable).
After the introductory period your transferred balances will be charged at your standard rates. Find out more about balance transfers – see our rates and charges.

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Transfer up to a limit of 95% of your credit limitIf your new Platinum Credit Card has a limit of £2000, you could switch up to £1900 of your existing balances.

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PurchasesDid we mention the 0% interest on your purchases – for a whole six months from account opening?
After the introductory period, your purchases will be charged at your standard rates. Find out more about purchases – see our rates and charges.
Financial benefitsInterest-free period every monthIf you pay your balance (and your previous month’s balance) in full and on time each month you’ll enjoy up to 56 days’ interest free credit on all purchases.

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No annual feeWe don’t send you a bill just for choosing a Platinum Credit Card.

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1% discount on the APRIf you also have an Advantage Gold current account you are guaranteed a 1% initial discount on our standard credit card rate for at least 12 months. Rates variable.
Take control of your cardManage your credit card onlineCheck your balance or make a payment from your computer.

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Worry-free paymentsA Direct Debit means you’ll always pay your bill on time. Settle the balance in full or choose any other amount. However, we don’t recommend just making the minimum payment and you must have sufficient funds to pay your direct debit successfully.

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Credit limit increaseYou can ask us to review your credit limit after you’ve had the card for six months.

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Move funds to a bank accountYou can transfer money from your Platinum Credit Card to any UK bank account. You simply pay your money transfer rate from the date of the transfer, and the minimum transfer is £250. See our rates and charges.

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Cash advanceYour Platinum Credit Card gives you access to £750 each day, from cash machines around the world. The amount you can withdraw depends on your credit limit, and there’s a 3% handling fee – a minimum of £3.
Family and friendsAdd another cardholderWho do you know that would really appreciate being on your credit card account? Just remember that although they’ll be able to spend on your account, you’ll always be responsible for the card.
SavingsNatWest Wine ClubLook out for cardholder-only offers, as well as the occasional free gift. For more details or to register please call 0870 162 0331*.
TravelNatWest Travel ServiceBook holidays and work trips with a great choice of discounts, including air tickets and hotels.

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Travel supportTurn to us for the lowdown on visas, passports, health and vaccinations before you travel. We can also forward documents or medical supplies while you’re travelling.

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Medical support on your travelsWhether you become ill overseas or have an accident and need immediate treatment, we can arrange essential medical transport. Plus we can arrange for your dependent children to return to the UK.
* Maximum call charge from a BT landline is 6p plus up to 6p per minute. Calls from other networks may vary.

Summary Box
The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR	Typical 16.9% APR (variable)

Other Interest Rates	Introductory Rate	Monthly Rate	Annual Rate
			Simple	Effective
Purchases	0% for 6 months from account opening	1.313%	15.756% p.a.	16.945% p.a.
Balance Transfers	0% for 13 months from account opening made in the first 3 months)	1.313%	15.756% p.a.	16.945% p.a.
Cash Advances	n/a	2.075%	24.900% p.a.	27.948% p.a.
Money Transfers	n/a	1.313%	15.756% p.a.	16.945% p.a.

Interest Free Period	Maximum 56 days for purchases if you pay your balance in full and on time, and have paid the previous month’s balance in full and on time No interest-free period on cash advances or money transfers Interest-free period on balance transfers only applies to the introductory period.

Interest Charging Information	The periods over which interest is charged are as follows:
	From	Until
Purchases	Transaction date	Repaid in full
Balance transfers	Transaction date	Repaid in full
Cash advances	Transaction date	Repaid in full
Money transfers	Date debited to your account	Repaid in full

Allocation of Payments	Interest on special offers Other interest, any fee and charges Special offers Purchases and balance transfers Cash Advances and money transfers See section 2(D)(c) of your Credit Card Agreement for full details.
Minimum repayment	Each month, the greater of 2.25% of your balance (rounded down to the nearest pound) or £5.We do not recommend that you only ever make your minimum payment.
Amount of credit	Minimum £300 maximum £20,000. Subject to status.
Fees	No annual fee
Charges	Cash advances (except gambling transactions): 3%, minimum of £3 Balance transfers: 2.9% (min. £5) during the first three months from account opening Transactions in foreign currencies (including purchase of foreign currency and travellers’ cheques): 2.75% Copies of statements: £3 Returned item: £12 To process dishonoured cheque or direct debit: £10
Default charges	Returned payment: £10 Returned Promotional Cheque: £12

Important informationIf you transfer a balance within the first three months, there’s a 2.9% fee – a minimum of £5. We may offer exemptions from the fee from time-to-time, or a different fee in connection with a special promotion.
The balance transfer fee attracts interest at the same rate applied to purchases, and applied from the date charged until the balance is paid off.
You can’t transfer from other Royal Bank of Scotland Group cards. If you take advantage of the 0% balance transfer offer and 0% purchase offer, your monthly payments will be used to pay off your balance transfer first. Typical 16.9% APR (variable).

More: www.natwest.com

National Westminster Bank-Gold Credit Card

Going overseas? Get medical and legal assistance
Over 21? Earn at least £20,000? Choose our Gold Credit Card for balance transfers, everyday purchases and built in extras.

Interest-free balances and purchases Transfer your balances13 months is a long time in most people’s book. And it’s exactly how long you could be paying 0% interest on your balance transfers – from the moment of account opening.
Simply pay a 2.9% fee when you transfer a balance in the first three months – minimum fee £5. Typical 16.9% APR (variable).
After the introductory period your transferred balances will be charged at your standard rates. Find out more about balance transfers – see our rates and charges.

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Transfer up to a limit of 95% of your credit limit If your new Gold Credit Card has a limit of £2000, you could switch up to £1900 of your existing balances.

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PurchasesDid we mention the 0% interest on your purchases – for a whole six months from account opening?
After the introductory period, your purchases will be charged at your standard rates. Find out more about purchases – see our rates and charges.
Financial benefitsInterest-free period every monthIf you pay your balance (and your previous month’s balance) in full and on time each month you’ll enjoy up to 56 days’ interest free credit on all purchases.

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No annual feeWe don’t send you a bill just for choosing a Gold Credit Card.

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1% discount on the APRIf you also have an Advantage Gold current account you are guaranteed a 1% initial discount on our standard credit card rate for at least 12 months. Rates variable.
Take control of your cardManage your credit card onlineCheck your balance or make a payment from your computer.

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Worry-free paymentsA Direct Debit means you’ll always pay your bill on time. Settle the balance in full or choose any other amount. However, we don’t recommend just making the minimum payment and you must have sufficient funds to pay your direct debit successfully.

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Credit limit increaseYou can ask us to review your credit limit after you’ve had the card for six months.

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Move funds to a bank accountYou can transfer money from your Gold Credit Card to any UK bank account. You simply pay your money transfer rate from the date of the transfer, and the minimum transfer is £250. See our rates and charges.

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Cash advanceYour Gold Credit Card gives you access to £500 each day, from cash machines around the world. The amount you can withdraw depends on your credit limit, and there’s a 3% handling fee – a minimum of £3.
Family and friendsAdd another cardholderWho do you know that would really appreciate being on your credit card account? Just remember that although they’ll be able to spend on your account, you’ll always be responsible for the card.
SavingsNatWest Wine ClubLook out for cardholder-only offers, as well as the occasional free gift. For more details or to register please call 0870 162 0331*.
TravelNatWest Travel ServiceBook holidays and work trips with a great choice of discounts, including air tickets and hotels.

——————————————————————————–
Travel supportTurn to us for the lowdown on visas, passports, health and vaccinations before you travel. We can also forward documents or medical supplies while you’re travelling.

——————————————————————————–
Medical support on your travelsWhether you become ill overseas or have an accident and need immediate treatment, we can arrange essential medical transport. Plus we can arrange for your dependent children to return to the UK.
* Maximum call charge from a BT landline is 6p plus up to 6p per minute. Calls from other networks may vary.

Gold Credit Card

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Summary Box
The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR Typical 16.9% APR (variable)
Other
Interest Rates Introductory
Rate Monthly Rate Annual Rate
Simple Effective
Purchases 0% for 6 months from account opening 1.313% 15.756% p.a. 16.945% p.a.
Balance
Transfers 0% for 13 months from account opening made in the first 3 months) 1.313% 15.756% p.a. 16.945% p.a.
Cash
Advances n/a 2.075% 24.900% p.a. 27.948% p.a.
Money
Transfers n/a 1.313% 15.756% p.a. 16.945% p.a.
Interest
Free Period Maximum 56 days for purchases if you pay your balance in full and on time, and have paid the previous month’s balance in full and on time
No interest-free period on cash advances or money transfers
Interest-free period on balance transfers only applies to the introductory period.

Interest
Charging
Information The periods over which interest
is charged are as follows:
From Until
Purchases Transaction date Repaid in full
Balance
transfers Transaction date Repaid in full
Cash
advances Transaction date Repaid in full
Money
transfers Date debited to your account Repaid in full
Allocation of
Payments Interest on special offers
Other interest, any fee and charges
Special offers
Purchases and balance transfers
Cash Advances and money transfers
See section 2(D)(c) of your Credit Card Agreement for full details.
Minimum
repayment Each month, the greater of 2.25% of your balance (rounded down to the nearest pound) or £5.
We do not recommend that you only ever make your minimum payment.

Amount
of credit Minimum £300 maximum £20,000. Subject to status.
Fees No annual fee
Charges Cash advances (except gambling transactions): 3%, minimum of £3
Balance transfers: 2.9% (min. £5) during the first three months from account opening
Transactions in foreign currencies (including purchase of foreign currency and travellers’ cheques): 2.75%
Copies of statements: £3
Returned item: £12
To process dishonoured cheque or direct debit: £10

Default
charges Returned payment: £10
Returned Promotional Cheque: £12

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Back to topImportant informationIf you transfer a balance within the first three months, there’s a 2.9% fee – a minimum of £5. We may offer exemptions from the fee from time-to-time, or a different fee in connection with a special promotion.
The balance transfer fee attracts interest at the same rate applied to purchases, and applied from the date charged until the balance is paid off.
You can’t transfer from other Royal Bank of Scotland Group cards. If you take advantage of the 0% balance transfer offer and 0% purchase offer, your monthly payments will be used to pay off your balance transfer first. Typical 16.9% APR (variable).

More: www.natwest.com

National Westminster Bank-Classic Credit Card

Transfer balances, plus a range of discounts
Over 18? Earn over £10,000? Our Classic Credit Card comes packed with benefits – plus transfer up to a limit of 95% of your credit limit.

Interest-free balances and purchases Transfer your balances13 months is a long time in most people’s book. And it’s exactly how long you could be paying 0% interest on your balance transfers – from the moment of account opening.
Simply pay a 2.9% fee when you transfer a balance in the first three months – minimum fee £5. Typical 16.9% APR (variable).
After the introductory period your transferred balances will be charged at your standard rates. Find out more about balance transfers – see our rates and charges.

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Transfer up to a limit of 95% of your credit limitIf your new Classic Credit Card has a limit of £2000, you could switch up to £1900 of your existing balances.

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PurchasesDid we mention the 0% interest on your purchases – for a whole six months from account opening?
After the introductory period, your purchases will be charged at your standard rates. For more about purchases – see our rates and charges.
Financial benefitsInterest-free period every monthIf you pay your balance (and your previous month’s balance) in full and on time each month you’ll enjoy up to 56 days’ interest free credit on all purchases.

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No annual feeWe don’t send you a bill just for choosing a Classic Credit Card.

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1% discount on the APRIf you also have an Advantage Gold current account you are guaranteed a 1% initial discount on our standard credit card rate for at least 12 months. Rates variable.
Take control of your cardManage your credit card onlineCheck your balance or make a payment from your computer.

——————————————————————————–
Worry-free paymentsA Direct Debit means you’ll always pay your bill on time. Settle the balance in full or choose any other amount. However, we don’t recommend just making the minimum payment and you must have sufficient funds to pay your direct debit successfully.

——————————————————————————–
Credit limit increaseYou can ask us to review your credit limit after you’ve had the card for six months.

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Move funds to a bank accountYou can transfer money from your Classic Credit Card to any UK bank account. You simply pay your money transfer rate from the date of the transfer, and the minimum transfer is £250. See our rates and charges.

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Cash advanceYour Classic Credit Card gives you access to £300 each day, from cash machines around the world. The amount you can withdraw depends on your credit limit, and there’s a 3% handling fee – a minimum of £3.
Family and friendsAdd another cardholderWho do you know that would really appreciate being on your credit card account? Just remember that although they’ll be able to spend on your account, you’ll always be responsible for the card.
SavingsNatWest Wine ClubLook out for cardholder-only offers, as well as the occasional free gift.
TravelNatWest Travel ServiceBook holidays and work trips with a great choice of discounts, including air tickets and hotels.

Summary Box
The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR	Typical 16.9% APR (variable)

Other Interest Rates	Introductory Rate	Monthly Rate	Annual Rate
			Simple	Effective
Purchases	0% for 6 months from account opening	1.313%	15.756% p.a.	16.945% p.a.
Balance Transfers	0% for 13 months from account opening made in the first 3 months	1.313%	15.756% p.a.	16.945% p.a.
Cash Advances	n/a	2.075%	24.900% p.a.	27.948% p.a.
Money Transfers	n/a	1.313%	15.756% p.a.	16.945% p.a.

Interest Free Period	Maximum 56 days for purchases if you pay your balance in full and on time, and have paid the previous month’s balance in full and on time No interest-free period on cash advances or money transfers Interest-free period on balance transfers only applies to the introductory period.

Interest Charging Information	The periods over which interest is charged are as follows:
	From	Until
Purchases	Transaction date	Repaid in full
Balance transfers	Transaction date	Repaid in full
Cash advances	Transaction date	Repaid in full
Money transfers	Date debited to your account	Repaid in full

Allocation of Payments	Interest on special offers Other interest, any fee and charges Special offers Purchases and balance transfers Cash Advances and money transfers See section 2(D)(c) of your Credit Card Agreement for full details.
Minimum repayment	Each month, the greater of 2.25% of your balance (rounded down to the nearest pound) or £5.We do not recommend that you only ever make your minimum payment.
Amount of credit	Minimum £300 maximum £20,000. Subject to status.
Fees	No annual fee
Charges	Cash advances (except gambling transactions): 3%, minimum of £3 Balance transfers: 2.9% (min. £5) during the first three months from account opening Transactions in foreign currencies (including purchase of foreign currency and travellers’ cheques): 2.75% Copies of statements: £3 Returned item: £12 To process dishonoured cheque or direct debit: £10
Default charges	Returned payment: £10 Returned Promotional Cheque: £12

Important informationIf you transfer a balance within the first three months, there’s a 2.9% fee – a minimum of £5. We may offer exemptions from the fee from time-to-time, or a different fee in connection with a special promotion.
The balance transfer fee attracts interest at the same rate applied to purchases, and applied from the date charged until the balance is paid off.
You can’t transfer from other Royal Bank of Scotland Group cards. If you take advantage of the 0% balance transfer offer and 0% purchase offer, your monthly payments will be used to pay off your balance transfer first. Typical 16.9% APR (variable).

More: www.natwest.com

National Westminster Bank-Student and professional loans

If you’re a medical student, training to become a solicitor or barrister or studying for an MBA, NatWest has a specially designed loan package for you.

Professional Trainee Loan Scheme

barrister
chiropodist or podiatrist
chiropractor
dentist
doctor
optician
osteopath
pharmacist
physiotherapist
solicitor
veterinary surgeon
You don’t need to make any repayments while studying 1, plus you:
can borrow up to £20,000 (£25,000, if you’re studying full-time for the Graduate Diploma in Law (GDL), Legal Practice Course (LPC) or Bar Vocational Course (BVC))
can draw the loan in one lump sum or instalments
don’t have repayments for at least six months after you finish your course 2
have up to ten years to repay your loan 3
can choose a fixed or variable interest rate
don’t have to pay any arrangement or administration fees
can borrow up to the cost of your course fees if you’re studying part-time for a GDL, LPC or BVC

Professional Trainee Loan Scheme rate Typical APR Fees
Professional Trainee Loan Scheme 7.9% (fixed) No
7.2% (variable) No

Typical examples

Fixed-rate example: if you take out a £15,000 loan over 120 months, with an 18-month repayment holiday, you’ll need to make 101 repayments of £224.24 and one final payment of £223.84. The total amount payable is £22,872.08. 7.9% APR typical.

Variable-rate example: (assumes Base Rate is 5.00%) if you take out a £15,000 loan over 120 months, with an 18-month repayment holiday, you’ll need to make 101 repayments of £216.33 and one final payment of £215.85. The total amount payable is £22,065.18. 7.2% APR typical (variable)

Please note: you can apply if you’re still waiting to hear about your place on your course.

1Early repayment fee may apply. To apply for a loan as an undergraduate, you must be in at least your second year of full-time study. If you are studying to become a solictor or a barrister you must already have graduated from your undergraduate degree and secured an offer of a place on a GDL, LPC or BVC course before you can formally apply, although you may discuss your proposed application with us at any time. If a repayment holiday is agreed, interest will continue to accrue during this period.
2 Length of repayment holiday after you’ve finished studying is dependent on course taken and your particular circumstances. For more details, please speak to a Graduate Manager.
3 Total term of the loan, beginning from the first drawdown date must not be more than ten years. You don’t need to bank with us to apply, but in order to take out the loan you’ll need to open and maintain your main banking relationship with us.

Professional Trainee Loan (PTL) for College of Law students

Get help covering your costs while studying for your Graduate Diploma in Law (GDL), Legal Practice Course (LPC) or Bar Vocational Course (BVC) at the College of Law with our preferential interest rates.

You don’t need to make any repayments while studying 1, plus you:
can borrow up to £25,000, if you’re studying full-time
can choose a fixed or variable interest rate
can draw the loan in one lump sum or instalments
use up to £3,000 to repay existing debts
have up to ten years to repay your loan 2
don’t have to pay any arrangement or administration fees
Please note: this loan is available to full- or part-time students of the College of Law studying the GDL, LPC or BVC.

PTL for College of Law students rate Typical APR Fees
College of Law loan 7.9% (fixed) No
7.2% (variable) No

Typical examples

Fixed-rate example: if you take out a £15,000 loan over 120 months, with an 18-month repayment holiday, you’ll need to make 101 repayments of £224.24 and one final payment of £223.84. The total amount payable is £22,872.08. 7.9% APR typical.

Variable-rate example: (assumes Base Rate is 5.00%) if you take out a £15,000 loan over 120 months, with an 18-month repayment holiday, you’ll need to make 101 repayments of £216.33 and one final payment of £215.85. The total amount payable is £22,065.18. 7.2% APR typical (variable)

1Early repayment fee may apply. If a repayment holiday is agreed, interest will continue to accrue during this period.
2Total term of the loan, beginning from the first drawdown date must not be more than ten years. Length of repayment holiday after you’ve finished studying is dependent on course taken and your particular circumstances. For more details, please speak to a Graduate Manager. You don’t need to bank with us to apply, but in order to take out the loan you’ll need to open and maintain your main banking relationship with us. You need to be a UK or EU national to apply.

BPP Law School loan

Get help covering your costs while studying for your Graduate Diploma in Law (GDL), Legal Practice Course (LPC) or Bar Vocational Course (BVC) with our Professional Trainee Loan Scheme for BPP Law School students.

You don’t need to make any repayments while studying 1, plus you:
can borrow up to £25,000, if you’re studying full-time
can draw the loan in one lump sum or instalments
have up to ten years to repay your loan 2
don’t have repayments for at least six months after you finish your course 3
can choose a fixed or variable interest rate
don’t have to pay any arrangement or administration fees
can borrow up to the cost of your course fees, if you’re studying part-time
Please note: this loan is available to full- or part-time students of a BPP Law School studying for a GDL, LPC or BVC.

Professional Trainee Loan Scheme for BPP Law School students Typical APR Fees
Professional Trainee Loan Scheme
for BPP Law School students rate 7.9% (fixed) No
7.2% (variable) No

Typical examples

Fixed-rate example: if you take out a £15,000 loan over 120 months, with an 18-month repayment holiday, you’ll need to make 101 repayments of £224.24 and one final payment of £223.84. The total amount payable is £22,872.08. 7.9% APR typical.

Variable-rate example: (assumes Base Rate is 5.00%) if you take out a £15,000 loan over 120 months, with an 18-month repayment holiday, you’ll need to make 101 repayments of £216.33 and one final payment of £215.85. The total amount payable is £22,065.18. 7.2% APR typical (variable)

Please note: you can apply if you’re still waiting to hear about your place on your course.

1 Early repayment fee may apply. If a repayment holiday is agreed, interest will continue to accrue during this period.
2 Total term of the loan, beginning from the first drawdown date must not be more than ten years.
3 Length of repayment holiday after you’ve finished studying is dependent on course taken and your particular circumstances. For more details, please speak to a Graduate Manager. You don’t need to bank with us to apply, but in order to take out the loan you’ll need to open and maintain your main banking relationship with us. You need to be a UK or EU national to apply.

MBA loan

If you’re taking an MBA course approved by the Association of Masters in Business Administration (AMBA), you can take advantage of our preferential interest rates on an MBA loan, which could help with your expenses.

With an MBA loan you can borrow up to two-thirds of your gross annual pre-course salary plus course fees (less grants) 1 and you:
can have up to seven years to repay a loan up to £20,000 1
can have up to ten years to repay a loan over £20,000
can borrow up to £10,000 if you’re a distance learner 2
can start repaying your loan three months after course completion 3
can pay off your loan early or make additional lump sum repayments without penalty
don’t need to be an existing customer to apply 4

MBA loan rate Typical APR Fees
MBA loan 7.4% (variable) 1% of loan amount, payable to AMBA

Please note: you need to be a UK resident graduate (and have spent at least 3 years in the UK), with a confirmed place on an MBA course approved by the AMBA and have at least two years’ experience in industry or commerce. If you don’t have a degree, you need to have had at least five years’ experience.

Typical example: If you take out a £25,000 loan with a £250 arrangement fee (added to the loan), including a 15-month repayment holiday without insurance protection, you’ll need to make 104 repayments of £350.40 and one final payment of £351.23. The total amount payable is £36,792.83. 7.4% APR typical (variable).

1 Maximum term for distance learners is ten years. You need to contribute 20% of your total course fees from your own funds.
2 Part-time and distance learning students can borrow for course fees and study equipment only.
3 One month after drawdown, if you’re a distance learner. If you’re a full- or part-time student, repayment begins three months after course completion. If a repayment holiday is agreed, interest will continue to accrue during this period.
4 In order to take out an MBA loan, you’ll need to open and maintain your main banking relationship with us. An arrangement fee of 1% of the value of your loan will be payable to the AMBA. This fee can be added to your loan or paid separately. Special conditions apply to part-time or distance learners. Please enquire for further details.

More: www.natwest.com

National Westminster Bank-Graduate loans

Simplify your finances and enjoy preferential rates if you’re a NatWest Graduate Account holder.

You can use a Graduate loan for almost any purpose, plus you:
have a fixed rate so you know what your repayments are each month
could have up to a 4 or 12 month repayment holiday at the start of the loan 1
can have up to five years to repay a loan up to £9,950 or up to seven years to repay loans of £10,000 to £15,000 2
don’t have to pay any arrangement or administration fees

Graduate loan rate Typical APR Fees
Graduate loan 8.4% No

Typical example

If you take out a £5,000 loan over 60 months, you’ll need to make 59 repayments of £101.60 and one final payment of £101.79. The total amount payable is £6,096.19. 8.4% APR typical.

1 12-month holiday can be applied for if you’re travelling for a year before taking up confirmed full-time employment. If a repayment holiday is agreed, interest will continue to accrue during this period.
2 Maximum five-year repayment period for refinancing loans.

More: www.natwest.com

National Westminster Bank-First home saver

This account is designed to help you save a deposit for your first home. If you have never had a mortgage and save regularly with us, you could qualify for a cashback
Get up to £5,000 cashback* if you complete the following steps:
You, or in the case of a joint account neither of you have held a mortgage Open an account with £100 and set up a monthly Standing Order of at least £50 Keep the account open for at least 6 months, then qualify and take out a NatWest mortgage Claim cashback within 3 months of the mortgage being drawn downPlease read First Home Saver legal information
Your First Home Saver account has the following savings features:
Tiered interest rates – the more you save the more interest you earn Interest is calculated daily and paid annually. Interest rates are variable* £5,000 cashback is based on savings of £50,000 and is based on the lowest savings balance in the 6 months before the mortgage is drawn down

Home Saver rates
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Balance AER
(variable) Gross Rate Net Rate
£50,000+ 3.10% 3.10% 2.48%
£25,000 – £49,999 2.90% 2.90% 2.32%
£10,000 – £24,999 2.80% 2.80% 2.24%
£5,000 – £9,999 2.75% 2.75% 2.20%
£500 – £4,999 2.65% 2.65% 2.12%
£1 – £499 1.90% 1.90% 1.52%

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AER stands for Annual Equivalent Rate and shows what the interest rate would be if paid and compounded each year.
Gross stands for the interest rate paid before the deduction of tax.

Cashback
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Amount Cashback
Over £50,000 £5000
Up to £50,000 £2500
Up to £25,000 £1000
Up to £10,000 £500
£500 to £5,000 £100

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Cashback is paid provided the terms and conditions of the First Home Saver are met. The amount of cashback is based on the lowest savings balance in the 6 months before the mortgage is drawn down. It is exempt from tax as it falls within HM Revenue and Customs Statement of Practice SP4/97.

More: www.natwest.com