The Tipton & Coseley Building Society
Savings
Helping your savings to grow
Fixed Rate ISA
If you are looking for fixed, tax free interest then consider our Fixed Rate ISA.
Interest Rates - Fixed Rate ISA (from 10 March 2010)
| Fixed Rate ISA - Fixed to 30 April 2011 | |||
| Account balance | Gross% | AER% | Net% |
| £1,000+ | 2.50% | 2.50% | Tax free |
| Summary Box | |
| Key product information for our Fixed Rate ISA | |
| Account name | Fixed Rate ISA |
| Interest rates | See interest rates table above. |
| Tax status | Tax free. |
| Conditions for bonus payment | Not applicable. |
| Withdrawal arrangements | Withdrawals may be made without notice. All withdrawals are subject to a charge of 90 days interest on the amount withdrawn. |
| Access | Access by branch or post. |
| Key features | |
| Minimum investment amount | The minimum opening balance is £3,600. |
| Maximum investment amount | The maximum investment limit will depend upon your date of birth. For more information, please click here. |
| Operating balance | The minimum operating balance is £1,000. Withdrawals taking the balance below £1,000 are only allowed on closure of the account. |
| Withdrawal restrictions | Withdrawals may be made without notice. All withdrawals are subject to a charge of 90 days interest on the amount withdrawn. |
| Interest payments | The rate of interest is fixed and is paid annually on 5 April. |
| Further investments | No further investments may be made during the fixed rate period. |
| Transfers out | No partial transfers out are permitted during the fixed rate period. Transfers out in full are allowed subject to a charge of 90 days interest on the account balance. |
| Joint accounts | Joint accounts cannot be opened. |
| Right to cancel | You have the right to cancel your investment within 14 days of your account being opened. |
To download an application form please click here.
Please remember to forward a cheque payable to yourself, along with your completed application form. Please read our investment terms and conditions before sending us your completed application.
Further information
You cannot open two cash ISAs in the same tax year. If you open a cash ISA you are reducing your stocks and shares allowance.
If you would like further information through the post about our range of savings products, please enter your details here
We will require new investors to sign any future windfall rights to our Charitable Foundation.
Page last updated on 9 March 2010.
© The Tipton and Coseley Building Society 2009
www.thetipton.co.uk