Key features
- A high interest Cash ISA paying tax-free interest.
- Open your account with £500 or more and invest up to £3,600 each tax year (this annual limit is set by the Government).
- Our Members’ Notice ISA does not accept transfers in from existing cash ISAs held with other providers
- You choose between giving us 60 days' notice before taking money out of the account or taking out cleared funds from your account immediately and paying 60 days' interest penalty on the amount withdrawn. You can draw your account down to £500.
- After taking money out of your account, you are not allowed to subsequently top up your balance if you had already paid in the maximum subscription for the tax year.
- Interest is calculated daily and paid annually on 31st December.
- Interest is tax-free and is paid with no tax deducted as long as your account qualifies as an ISA.
- The interest rate is variable and may change from time to time.
- We provide you with a passbook to help you keep track of your savings and interest.
- This account is exclusively available to existing members who have held a savings or mortgage account with us for at least three months.
- This account does not meet the Stakeholder standards
