• Instant or easy access to your savings with no penalties for withdrawals
• Interest rates 'tiered' to match your balance
• Interest will be paid without the deduction of income tax provided that the ISA terms have been fully met
• Monthly income option.
• Customers can now top up their ISA to the increased subscription limit of £5,100 for the remainder of the current tax year from 6th October 2009 (if born on or before April 6th 1960)

Age restriction:

• Available to customers aged 16 or over.

Minimum initial investment required to open and operate the account:

• £25 for accounts operated in a Branch or Agency

Minimum/Maximum deposit:

• £1 minimum for Branches and Agencies
• £100 for accounts operated by telephone and post
• £3,600 maximum each tax year

• Coins totalling less that £25 will be accepted if sorted and bagged in Branch or Agency only.
• Cash and coins not accepted by post.
• A maximum of £3,600 can be deposited each tax year
• You can only invest in one Cash ISA each tax year provided you have not invested your full ISA allowance into a Stocks and Shares ISA
• We will not accept applications from non-UK residents (except British Forces personnel overseas, nominees, minors (under 16 years of age), trustees, corporate bodies or registered charities.)
• Customers born on or before April 6th 1960 will be able to top up their account by presenting their passbook in Branch or Agency when depositing funds (Branch and Agency based accounts only), writing to us with their request and a cheque or telephoning our contact centre.

• No notice required
• No loss of interest
• Up to £500 cash at any Branch or Agency
• Cheque withdrawals over £10 can be arranged at any Branch or Agency
• For accounts operated by post and telephone the minimum withdrawal amount is £100. Withdrawal requests can be made by writing to us using our Freepost service or telephoning us with your request.
• Any cheques deposited must be cleared before a withdrawal can be made on them. After paying in a cheque, you will not be able to make a withdrawal against the deposit until the sixth banking day following receipt.
• Withdrawals do not affect ISA deposit limits. If you have subscribed the maximum permitted in the tax year, you cannot make any further deposits regardless of the withdrawals made.

• Interest rates on this account are variable and interest is calculated on a daily basis.
• Credited annually to the account at midnight on 1st April or if you prefer, paid monthly at midnight on the first day of each month commencing 1st of the month after you open the account.
• Monthly interest can be transferred to another account that you may have with us, or directly into your bank or building society account or credited to your Cash ISA. If the first of the month falls on a Sunday or Bank Holiday interest will be credited on the next working day.* *(If the amount of monthly interest falls below £20, the interest will be credited to the account.) 

• Interest will be paid without the deduction of income tax provided that the ISA terms have been fully met. 

• On account opening choose to operate your account by Branch or Agency, or by telephone and post.

How do I open a Cash ISA?

• Go to our Apply for a Savings Account Page
• Click here to view our full terms and conditions for this account.

Summary of account: