30 Day Notice ISA (Issue 2)

This product may be withdrawn at any time.

 
gross/AER
Gross means the contractual rate of interest payable. AER stands for the annual equivalent rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
0.45%
notice for withdrawals
Some of our accounts require you to give notice before you can withdraw money from your account. Further details on the withdrawal restrictions that apply to the account can be found in the section titled - 'Can I withdraw money?' - in the Summary box.
30 days
age restriction
Minimum or maximum age you must be to open this account.
16 years and over
 

Your savings account

Make the most of your savings and maximise your tax free returns with our new 30 Day Notice ISA (Issue 2). A safe and straightforward way to achieve your savings goals.

Key features

  • Tax free savings
  • Withdrawals require 30 days notice
  • Minimum opening deposit: £100
  • To open this account you must live in a B, DY, WS or WV postcode

You must live in a B, DY, WS or WV postcode to open this account

Summary box

Account name

30 Day Notice ISA (Issue 2).

When you're ready to open your account simply download and complete an application form.

What is the interest rate?

The variable rate below applies from 27 February 2021. Interest is calculated daily and paid annually on 5th April.

£100 plus – 0.45% tax free/AER

When you're ready to open your account simply download and complete an application form.

Can Tipton & Coseley Building Society change the interest rate?

We are able to change the interest rate at any time. Further information can be found in section 7 of our Terms and Conditions for Savings Accounts.

When you're ready to open your account simply download and complete an application form.

What would the estimated balance be after 12 months based on a £1,000 deposit?

The balance after 12 months based on an initial deposit of £1,000 with an interest rate of 0.45% Tax Free/AER (variable) would be £1,004.50.

This estimation is an illustration only and assumes:

  • the account is opened on 6 April 2021;
  • there are no additional deposits or withdrawals made;
  • interest is paid gross and compounded to the account on 5 April; and
  • there is no change to the interest rate.

When you're ready to open your account simply download and complete an application form.

How do I open and manage my account?

To open this account you must live in a B, DY, WS or WV postcode.

You must be aged 16 or over to open an account. Transfers in from other providers are permitted. Joint accounts can’t be opened. Only one account per person is permitted at any one time.

The minimum opening balance is £100.

Accounts can be opened at any of our branches, there's no need for an appointment. If you can't get to our branches then you can open your account by post, just send us your application form and a cheque payable to yourself. To open an ISA we need your National Insurance number.

You must keep a minimum of £100 in the account to keep it open. Withdrawals taking the balance below £100 will only be permitted on account closure.

For opening deposits made by electronic payments, you must send your initial deposit within 10 working days, or the account will be automatically closed.

You can pay in up to the annual ISA allowance each tax year. The allowance is set by the Government and for the current tax year is £20,000.  A maximum of £100,000 may be deposited in the account.

You can pay in money by cash or cheque at any of our branches or by cheque through the post. You can also pay into your account by standing order.

This product may be withdrawn at any time.

You can view your balance and recent transactions on the Tipton App, available in the Google Play Store and Apple Store.

When you're ready to open your account simply download and complete an application form.

Can I withdraw money?

Withdrawals require 30 days’ notice or 30 days interest lost on the amount withdrawn.

Closure or Transfer to another provider allowed subject to 30 days’ notice or loss of 30 days interest.

If you decide to close your account after 14 days of opening, but before 30 days’ notice is accrued, you will still experience a 30 days loss of interest. If there is insufficient earned interest to cover the 30 day loss of interest then the difference will be taken from the balance in the account.

We aim to complete transfers out within 5 working days. Standard branch limits apply.

Please note for any withdrawals from this account where the funds have not been transferred to another ISA, the funds will no longer be eligible for the tax benefits of an ISA.

When you're ready to open your account simply download and complete an application form.

Additional information

Interest is paid without tax deducted.

If you decide within 14 days of opening, that the account you’ve chosen isn’t right for you, you can have your money back without charge.

If you cancel your ISA within this period you’re free to subscribe to another ISA in the same tax year. Any interest paid will be exempt from tax.

Tax-Free is the contractual rate of interest payable where interest is exempt from income tax. Interest earned on ISAs is tax-free as long as the statutory conditions of the scheme are not breached. Tax treatment depends on your individual circumstances and may be subject to change in the future.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

When you're ready to open your account simply download and complete an application form.

Gayle, from our savings team is happy to help 0121 557 2551* Contact Us
Our lines are open:
Monday - Tuesday09:00 - 17:00
Wednesday09:30 - 17:00
Thursday - Friday09:00 - 17:00
Saturday09:00 - 12:00
SundayClosed
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.

We can help you to...

  • Open a new account
  • Answer any of your questions
  • Discuss your savings options
  • Discuss your existing account

Great, lets go

To get started you just need to download the application form. You'll also need your initial deposit, which if it a cheque, will need to be payable to yourself.

If you would like to transfer your ISA into this account, please complete our ISA Transfer In Form.

You should also read our Terms and Conditions for Savings Accounts leaflet and the Deposit Guarantee Scheme Information Sheet first.

If you are a new savings customer then you must sign future windfall rights to our Charitable Foundation.


Our savings customers say...

"Whenever I visit Tipton & Coseley I'm dealt with quickly, on a one to one basis making each visit convenient and ideal." Mrs Cooke
Savings customer read more

Our savings customers say...

"The staff are really friendly and welcoming and always ask how I am, I feel like I can have a chat with them." Mrs Thomson
Savings customer read more