
Interest Rates - Premier ISA (from 1 May 2008)
| Gross% | AER% | Net% | |
| £3,600+ | 5.55 | 5.42 | Tax-free |
These rates include a 0.25% introductory bonus for the first 6 months following the inception of the account.
Please note that we do NOT accept existing ISA account transfers from other ISA providers.
| Key features | |
| Account type | This account is a cash ISA. |
| Minimum investment amount | The minimum opening investment is £3,600 and must be by cheque in one lump sum payable to you. |
| Maximum investment amount | The maximum investment is £3,600 in any tax year. |
| Account operation | All transactions, including account opening, must be conducted through the post. |
| Withdrawal restrictions | Withdrawals may be made after thirty days notice by cheque only payable to you. |
| Withdrawal amounts | The minimum amount for a withdrawal is £500. |
| Interest payment | The rate of interest is variable and is paid annually on 5 April. |
| Further investments | Further investments must also be made by lump sum of £3,600. |
| Joint accounts | Joint accounts may not be opened. |
| ISA transfers | We do not accept transfers in from existing ISA accounts. |
| Right to cancel | You have the right to cancel your ISA within 14 days of receipt of your application. |
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Please note that there are limited funds available on our Premier ISA and it may be withdrawn at any time without notice.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 1 May 2008.