Key features
- A high interest Cash ISA.
- Open your account with £500 or more and invest up to £3,600 each tax year (this annual limit is set by the Government).
- When taking money out, you choose between 60 days' notice or 60 days' loss of interest. 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.
- 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 does not meet the Stakeholder standards
