Annual Equivalent Rate. This illustrates what the interest rate would be or is if paid and compounded on an annual basis (excluding any bonus interest payable). This helps compare benefits of annual and monthly interest accounts.

The Annual Equivalent Rate or AER is the rate that would be applied to the account if interest were paid annually(usually quoted alongside a monthly or a quarterly rate).

Stands for Annual Equivalent Rate, and shows you what the rate would be if interest was paid and added to your account each year (excluding any bonus interest payable).

Annual Equivalent Rate. Appears in adverts relating to all interest-bearing accounts. This shows the advertised interest rate as if it were paid and compounded once a year. It should allow consumers to compare products more easily. From 1st January 1999 all adverts will have to include the AER.

Annual Equivalent Rate. The rate of interest that shows what the gross rate is if paid and compounded annually.

The Annual Equivalent Rate is the figure that helps with comparisons of one financial product with another, and is generally quoted on interest paid on savings and investments. It shows what the rate would be if interest was paid just once a year.

Annual effective rate, a number that can be used to compare different fixed interest investments taking into account the effects of compounding.... more on: AER

This stands for annual equivalent rate. It is quoted by financial institutions, such as banks, to show how much the interest rate would be if the interest was worked out just once a year. It is intended to make it easier for people to judge how much interest they pay (or receive) when it is being worked out more than once a year. It is also intended to make it easier to compare different financial products.

Annual Equivalent Rate. Stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.

The Annual Equivalent Rate species the interest paid from current, deposit or savings accounts. It is generally quoted on interest paid on savings and investments. It shows what the rate would be if interest was paid just once a year.

Annual equivalent rate, the rate rate over a year if amounts are compounded. Typically used for savings accounts where interest is paid monthly. The AER assumes all interest paid is left in the account and so the next months interest is paid on the pervious months interest compounding the amount.

Annual Equivalent Rate - the interest you would earn in a year if you left all your monthly interest in your savings account.

This stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will contain an AER, you'll be able to compare more easily what return you can expect from your savings over time.

This stands for Annual Equivalent Rate. This rate is generally quoted on interest paid on savings and investments. Interest paid monthly, quarterly or half-yearly represents a higher true rate than the same stated interest rate paid annually. Thus, the AER allows you to compare interest rates across accounts and reflects not just the amount of interest but also how often it is paid. It shows what your interest return would be if the interest was compounded and paid annually instead of monthly (or any other period).

See Annual Equivalent Rate

stands for annual equivalent rate. This shows what the interest rate would be if the interest on savings were paid and added to savings at the end of each year. Actually interest is often paid more often, such as four times a year. The AER is worked out in a standard way so you can compare interest rates directly with each other. The higher the AER, the better the return is on your savings.

AER or Annual Earnings Rate is a measure of how much interest you'll earn on savings More Affinity Card - An Affinity Credit Card can be used to support your favourite organisation while you spend More

The annual equivalent rate is new jargon to be found in the advertising of interest-bearing accounts. It will show the advertised interest rate as if it were paid and compounded once a year. It is intended to allow customers to compare products more easily. From 1 January 1999 every advert has had to include an AER.

Annual equivalent rate. The annual equivalent rate is the rate of interest as if paid and compounded on an annual basis.

stands for Annual Equivalent Rate and usually specifies the interest paid from current, deposit or savings accounts. This new term replaces CAR (Compound Annual Rate) which denoted much the same thing.

(Annual Equivalent Rate) The rate equivalent to having your interest paid and compounded over a whole year.

Annual Equivalent Rate. This is a notional rate for savers which illustrates what the gross interest rate would be if interest was paid and added to the account annually. AERs on an account which pays monthly interest assumes interest is added to the account at the end of each month during the year.

Annual Equivalent Rate. The notional annual rate of interest applied to current, deposit and savings accounts assuming that all interest is reinvested or compounded.