AER stands for annual equivalent rate. This is a notional rate that shows what the rate of interest would be if it were paid and compounded on an annual basis.
The gross rate is the contractual rate and the rate before tax.
Irish Nationwide (IOM) Limited is a wholly owned subsidiary of the Irish Nationwide Building Society and is licensed by the Financial Supervision Commission of the Isle of Man to take deposits. Irish Nationwide Building Society is incorporated in Dublin and regulated by the Financial Regulator in Ireland. Irish Nationwide (IOM) Limited places funds with other parts of its group and thus its financial standing is linked to that of the group. Depositors may wish to form their own view on the financial standing of Irish Nationwide (IOM) Limited, and the group, based on publicly available information. The latest report and accounts are available at www.iniom.com.