What is the rewarded boost eligibility on the Easy Access account?
GB Bank Easy Access Accounts may be eligible to receive a rewarded boost and earn a reward equivalent to 0.41% (variable).
The rewarded boost is applied on the first £25,000 held within a GB Bank Easy Access account, any balance above this amount will earn interest at the standard GB Bank Easy Access rate.
The rewarded boost is paid monthly and applies for 12 months from the date the account is created. After this period, your interest will revert to the standard GB Bank Easy Access rate.
Rewarded boost is not included in your annual savings allowance and may need to be declared in your tax return. In the event you choose to close your GB Bank Easy Access account or permanently leave NuWealth during the rewarded boost eligibility period, any unsettled rewarded boost payments will be lost.