Term2- Terms other than 6 months, 1 year, 2 years, 3 years are not available for new deposits.
Gross2 - Gross is the rate of interest before the deduction of the tax applicable to interest on savings account.
AER3 - AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Note: Interest is paid gross. If you are a UK tax payer you may have to pay tax on interest earned in excess of your Personal Savings Allowance. For information and guidance, please refer to the HMRC website.