Annual Point-to-Point Interest Crediting Strategy Rate Cap for Contract Value of $100,000 or more 5.50% Rate effective November 3, 2015. Amounts allocated to this strategy earn interest in arrears based, in part on the performance of the S&P 500® Index. The interest credited is equal to the percentage change of the index up to the interest rate cap, but not less than 0%. The interest rate cap is first set when you purchase the contract and thereafter, annually at the beginning of each contract year. When market index performance is negative, no interest is credited for that year. View complete rates