Charges and cash interest rate
Costs and charges summary
To find out more about the costs and charges associated with your Horizon fund, have a look at the relevant summaries below:
Interest on cash held
You can hold cash in your accounts although this may not be the best thing to do, as charges and inflation could outweigh the interest you receive.
Your cash will earn a variable rate of interest, calculated daily from the date we receive it, and will be added to your account on the first business day of each month.
Rates as at 8/06/2019 (after charges)
*AER stands for Annual Equivalent Rate and shows that the interest rate would be if interest was paid and added each year.
|Account name||Interest rate||AER*||Notes|
|Zurich Cash Account and cash held in your accounts||0.40%||0.40%||Interest paid on cash in a Zurich Stocks and Shares ISA and Zurich Retirement Account is exempt from income tax.|