Car finance, loan or personal credit at low interest bank rates for the UK. Banking loans with low apr and special 0 interest options.

Personal, medical and car insurance. Holiday insurance and personal life cover. Business liability insurance.

Mortgage and home finance with low apr and interest rates for a house purchase or business loan or home improvement.

Bank card and loan sites for debt advice and cash loans in the UK.

Investment including UK shares advice and equity or unit trust information.

Commonly used phrases or UK jargon for investments are found below. This website and its information is for guidance only, make sure you discuss all your investments carefully with an investment advisor. The resposibility is yours.

CHAPS
Clearance House Automated Payment System or CHAPS. A Telegraphic Transfer system which makes withdrawals and deposits for your UK investment accounts.

Compound Interest
Interest earned on interest which has already been added to your original investment.

AER
The Annual Equivalent Rate or AER shows the interest rate if interest was paid and added each year.  

BACS
Bank Automated Clearing System or BACS is an electronic transfer system which allows you to make withdrawals and deposits.  

Capitalised Interest
The interest your capital investment has earned, which is then added to your original investment.

Capital
Your original investment amount. An account whereby you can take out money with no penalty.   

Maturity
The end of an investment term. Maturity Value is the value of the combination of capital and interest at the end of the investment term.    

Net Interest
Interest paid after the tax on the interest has been taken out.    

Notice Account
An account whereby you have to give notice, usually 30 or 60 days, before you can take out your money.      

Offshore Investment
Investments lodged offshore and/or outside the UK.      

Section 352 Certificate
This is a document showing the amount of interest your savings account has earned and tax paid.  

Deposit Account
A deposit account is an account which does not confer membership rights.    

Financial Services Compensation Scheme
The Financial Services and Markets Act in 2000 produced the Financial Services Compensation Scheme. It protects your investment if the Building Society are not able to repay it.  

Form R85
Non tax-payers complete this form for their interest to be payed as gross.   

Year End
The end of the accounting year.   

Gross Interest
Before the deduction of tax this is the amount of interest.   

ISA
Individual Savings Account or commonly known as ISA is a tax efficient savings account replacing PEPs and TESSAs.   

Instant Access Account
No penalties for taking out your money whenever you wish.  

Share Account
An investment account which confers membership rights.