The Tipton & Coseley Building Society
Savings
Helping your savings to grow
Premier ISA
If you do not need immediate access for your withdrawals, consider our Premier ISA.
Interest Rates - Premier ISA (from 1 May 2009)
These rates include a 0.25% (fixed) introductory bonus for the first 6 months following the inception of the account.
| Premier ISA | |||
| Account balance | Gross% | AER% | Net% |
| £1+ | 1.70 | 1.58 | Tax free |
Existing accounts that do not include the 0.25% (fixed) introductory bonus.
| Premier ISA | |||
| Account balance | Gross% | AER% | Net% |
| £1+ | 1.45 | 1.45 | Tax free |
Please note that we do NOT accept existing ISA account transfers from other ISA providers.
| Summary Box | |
| Key Product Information for our Premier ISA | |
| Account Name | Premier ISA |
| Interest rates (AERs) | See interest rates table above. |
| Tax status | Tax free. |
| Conditions for bonus payment | There are no conditions relating to the bonus payment. |
| Withdrawal arrangements | Cheque only withdrawals may be made after 30 days notice. |
| Access | Access by post only. |
| Key features | |
| Minimum investment amount | The minimum opening investment 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. |
| Withdrawal restrictions | Withdrawals may be made after 30 days notice by cheque payable to you. The minimum withdrawal amount is £500. |
| Interest payments | The rate of interest is variable and is paid annually on 5 April. |
| Further investments | Further investments must be by lump sum payment of £3,600. |
| Transfers out | Transfers out are allowed subject to 30 days notice being given. |
| 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 for £3,600, payable to yourself, along with your completed application form. Please read our investment terms and conditions before sending us your completed application.
Further information
Please note that there are limited funds available on our Premier ISA and it may be withdrawn at any time without notice.
You cannot have 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 2 November 2009.