ISA Tax Free Savings Accounts
An ISA (Individual Savings Account) is a tax efficient investment account for a saver looking for interest paid without the deduction of income tax.
Summary of ISA Account Rates All interest rates are variable unless otherwise stated
|
Regular Saver ISA - Issue 1 |
|
Min Investment Amount |
Investment Amount |
Gross (%) |
AER (%) |
|
£25 - £425 each month |
|
|
|
|
With Conditional Bonus |
£25 - £425 each month |
3.75 |
3.75 |
|
Without Bonus
(standard account rate) |
|
1.00 |
1.00 |
|
|
|
|
More Info - Regular Saver ISA |
| Rates effective from 4th December 2009 |
|
Cash ISA Savings Account |
|
Min Investment Amount |
Investment Amount (annual interest) |
Gross (%) |
AER (%) |
|
£25 |
£21,000 plus |
0.90 |
0.90 |
|
£12,000 to £20,999 |
0.60 |
0.60 |
|
|
£25 to £11,999 |
0.35 |
0.35 |
|
Min Investment Amount |
Investment Amount (monthly interest) |
Gross (%) |
AER (%) |
|
£25 |
£21,000 plus |
0.90 |
0.90 |
|
£12,000 to £20,999 |
0.60 |
0.60 |
|
£25 to £11,999 |
0.35 |
0.35 |
|
|
|
|
|
|
Previous Rates - Cash ISA |
|
Rates effective from 1st April 2009 |
Rates effective from 1st April 2009
* 0.70% bonus applicable for the first year your account is open.
|
Escalator ISA Bond Issue 1 until 5th April 2013 |
|
Investment date
(annual interest option) |
Investment Amount
(annual interest) |
Gross (%) |
AER (%) |
|
to 5th April 2011 |
£3,600 plus |
3.00 |
3.00 |
|
6th April 2011 to 5th April 2012 |
|
3.50 |
3.50 |
|
6th April 2012 to 5th April 2013 |
|
5.00 |
5.00 |
|
Investment date
(monthly interest option) |
Investment Amount
(monthly interest) |
Gross (%) |
AER (%) |
|
to 5th April 2011 |
£3,600 plus |
2.96 |
3.00 |
|
6th April 2011 to 5th April 2012 |
|
3.45 |
3.50 |
|
6th April 2012 to 5th April 2013 |
|
4.89 |
5.00 |
|
|
|
More Info - Escalator ISA Bond Issue 1 |
|
Rates effective from 29th January 2010 |
We now accept ISA's transferred from other providers. For more information please contact your local branch or call 08457 25 24 23
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if the interest was paid and compounded each year.
GROSS: The gross rate is the contractual rate of interest before the deduction of tax at the appropriate rate specified by law. Interest will be paid gross to non-taxpayers subject to the required HM Revenue and Customs certification (R85).