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AER stands for ‘Annual Equivalent Rate’ is used for savings and it shows the rate of interest a saver will receive over a year assuming the cash is left in the account for the full year. Its aim is to demonstrate what your interest return would be if the interest was compounded and paid annually instead of monthly or any other period.
Pure Properties Estate Agent and Lettings 914 Broad Lane Coventry CV5 7FG Telephone: 02476 694 333 Map and Directions
Pure Prestige 155a Main Road Meriden CV7 7NH Telephone: 01676 521188 Fax: 08715 202 314 >>> Pure Prestige
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