• PREFERENTIAL RATES

  • Preferential Rates

    The Island Premier Banking Service offers you a current account with a range of additional benefits:

    • Your very own Island Premier Manager to support your individual banking requirements.
    • No account fees if you maintain a cleared balance of £5,000; if not a fee of £15 a month is charged.
    • Interest-free and fee-free overdraft of £250 (subject to application and approval) and preferential overdraft rates.
    • £10 overdraft buffer: no overdraft fees to pay if you go overdrawn (either Planned or Unplanned) by £10 or less.
    • Preferential rates on personal loans.
    • Preferential terms and reduced fees on mortgages.
    • If your account goes over its limit you have until 3.30pm (UK Time) to pay in enough money to avoid Returned Item Fees and ensure the payment goes out, but you have until midnight to avoid any overdraft fees. The money needs to be immediately available to use, so you could transfer money from another personal account you have with us via Internet Banking or Telephone Banking or pay in cash over the counter.
    • Worldwide travel insurance for the family including winter sports cover
    • Commission-free travel money.
    • 20% discount on AA European Breakdown Cover.
    • Island Premier Savings and overdraft interest rates.
    • Option to open a savings account offering a Cashpoint ® card and interest paid either monthly or annually.
    • Premier PhoneBank – our telephone banking service.
    • Internet Banking available, 24 hours a day, 7 days a week.