Instant Access Cash ISA
4.29
- No-notice, charge-free access to your funds
- The interest rate is guaranteed to be no lower than 2% below the UK Bank Base Rate
Key features of Instant access Cash ISAs:
- Tax-free interest together with no-notice, charge-free access to your funds (unless you opt for a CHAPS same day transfer, where the charge is £35).
- You can invest from as little as £1 each tax year up to a maximum of £3,600.
- Interest rate is guaranteed to be no lower than 2% below the UK Bank Base Rate, until further notice.
- Minimum withdrawals of £10.
1.Gross is the rate of interest paid to eligible non-tax payers without deduction of lower rate tax. Rate is guaranteed to be no less than 2% below the Bank of England Base Rate. Rate includes a bonus of 0.70% payable for six months from the day the account is opened. We will not write to you separately when this bonus expires. Only one introductory bonus is payable per customer.
2.AER stands for the Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year. For Cash ISAs interest is paid tax-free, that is gross with no tax deducted.
© Northern Rock plc. 2008