AER from nominal savings rate calculator UK
Convert a nominal annual rate with periodic compounding into an AER. Check the formula, worked example and limits before using your own figures.
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Annual equivalent rate
Inputs changed. Select Calculate result to update your estimate.
Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. Constant rate with interest retained and compounded at the specified frequency. No tax or fees.
How the aer from nominal savings rate calculator uk works
AER = ((1 + nominal rate ÷ periods)^periods − 1) × 100.
Data basis: mathematical formula using your inputs. Example prices and rates are illustrative, not current market quotes.
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Worked example: aer from nominal savings rate
This illustration uses the calculator’s example inputs. It is not a quote or a recommended financial decision.
- Nominal annual savings rate (%)
- 4
- Compounding periods per year
- 12
Annual equivalent rate: 4.07%
AER = ((1 + nominal rate ÷ periods)^periods − 1) × 100.
AER from nominal savings rate: questions answered
What does the aer from nominal savings rate calculation include?
AER = ((1 + nominal rate ÷ periods)^periods − 1) × 100. Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. Constant rate with interest retained and compounded at the specified frequency. No tax or fees.
Using your result
Example inputs are a starting point. Replace them with your figures and select Calculate result. Results are rounded for display; calculations use unrounded values.
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