Quantum PLUS 14 Deposit

Available in Sterling, US dollar or Australian dollar

On sale until 05 September 2014 (or earlier if declared closed)

Quantum PLUS 14 Deposit divides your deposit between the Quantum and PLUS portions:

Quantum portion (40% of the deposit amount)

40% of your deposit (the Quantum portion) is held for 9 months in a deposit account earning 3.5% AER (3.485% nominal / 2.606% total return) for Sterling deposits, 3.5% AER (3.438% nominal / 2.607% total return) for US dollar deposits or 9.0% AER (8.781% nominal / 6.659% total return) for Australian dollar deposits. After 9 months you will receive back this portion of your deposit plus interest at the relevant fixed rate.

PLUS portion (60% of the deposit amount)

The other portion of your deposit (the PLUS portion) is held for five years in a deposit account. At maturity you will receive back this portion of your deposit plus a proportion of the Market Performance of your chosen market. There is no cap on the Market Performance used to calculate your potential return. Your return is based on the growth in the market of your choice:

  • UK: Sterling deposits, linked to the performance of the FTSE 100 Index. This index represents the performance of the 100 largest companies by market capitalisation within the UK, traded on the London Stock Exchange
  • USA: - US Dollar deposits, linked to the performance of the S&P 500 Low Volatility Index. This index is designed to measure the performance of the 100 least volatile stocks of the S&P 500 Index. The S&P 500 Index represents the performance of the 500 largest companies by market capitalisation traded on a variety of stock exchanges in the USA
  • Australia: Australian Dollar deposits, linked to the performance of the S&P / ASX 200 Index. This index represents the performance of the 200 largest index eligible stocks within Australia, traded on the Australian Securities Exchange

The Quantum PLUS 14 Deposit brochure includes important information you need to know about this product. Please read this carefully before committing. This will inform you about the risks, benefits and full terms and conditions about the product.

You can apply for an international deposit with Standard Bank if:

  • You are aged 18 or over
  • You are able to meet the minimum balance requirement for your choice of account

Customers are required to make the deposit into their Call Account prior to strike date.