Savings
Line
Mortgages
Insurance
Buy to Let
Equity Release
 
 
Saving with the Cambridge
Instant Access ISA
A Cash Individual Savings Account paying tax-free interest.

Key features

  • An instant access savings account paying tax-free interest
  • Open your account with £1 or more and invest up to £3,600 each tax year (this annual limit is set by the Government)
  • Our Instant Access ISA does not accept transfers in from existing cash ISAs held with other providers
  • Take out cleared funds from your account at any of our branches, at any time, and without interest penalty
  • You can draw your account down to just £1
  • Interest is tax-free and is paid with no tax deducted
  • The interest rate is variable and may change from time to time
  • Interest is calculated daily and paid annually on 31st December
  • We provide you with a passbook to help you keep track of your savings and interest
  • Meets the Government's Stakeholder standards (see table below for more information)
  Stakeholder Standards  Our Instant Access ISA promise
Deposits

Minimum deposit
No more than £10.

Method of deposit
Cash, cheques, direct debits, standing orders and other forms of direct credit.


Minimum deposit
£1.

Method of deposit
Cash, cheques, direct debits, standing orders, transfers and other forms of direct credit.
Interest

Interest payment
Accrues daily and rate paid not less than 1% below the Bank of England base rate.


Rate changes
Interest rate increases must be made within one month of Bank of England rate increases.

 

Interest payment
Accrues daily and the rate paid is guaranteed to be no less than 1% below the Bank of England base rate.

Rate changes
We will raise interest rates within one month of Bank of England rate increases.

 
Withdrawals

Notice period
No more than seven days notice needed for withdrawals or transfer.




Number of withdrawals
No restriction of the number of withdrawals.



Notice period
No notice required for withdrawal of cleared funds. Transfers take no more than seven days.

Number of withdrawals
No restriction of the number of withdrawals.

 
Piggy Bank Resized
Contact us
 
 
Cambridge Building Society: PO BOX 232 51 Newmarket Road Cambridge CB5 8FF | Tel: 0845 601 3344 |enquiries@cambridgebs.co.uk
Cambridge Building Society is authorised and regulated by the Financial Services Authority. The Society's FSA Registration Number is 157223. You can check this on the FSA's Register by visiting the FSA website at www.fsa.gov.uk/register/ or by contacting the FSA on 0845 606 1234.