Interest rates
| Effective from | Rate guaranteed for 12 months from account opening | Reverting to our variable cash ISA gross p.a. rate | AER | |||||
| 17-02-2011 | 2.75% | 1.00% | 2.75% |
- Our current rate is 2.75% AER (2.75% gross p.a) tax free fixed for 12 months from account opening reverting to our Standard Cash ISA Transfer rate currently 1.00% AER/gross p.a variable
- Available to existing savings customers only.
- Please note that the minimum transfer is £1,000 per Cash ISA.
- Customers are only able to transfer in Cash ISA subscriptions that are held with another provider and are from previous tax years.
- The interest is calculated daily and paid at the end of the fixed term. After the fixed term interest will be calculated daily and paid monthly.
- AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross per annum is the annualised rate before deduction of tax at standard rate
- You can download and complete a Transfer Authority Form and a Transfer Instruction Form and then post them to us. Alternatively you can call us on 0845 848 0385 (the cost of calls to 0845 numbers varies, please check the rate with your phone provider) to find out more and request the forms
- Full details of historical base rates are available from the Bank of England Website