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Instant Access Cash ISA

 

0.80

Instant Access Cash ISA
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  • No-notice access to your money
  • 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 access to your money.
  • You can invest from as little as £1 each tax year up to a maximum of £3,600.
  • If you will be aged 50 or over by 5 April 2010, you can take advantage of the increased Cash ISA annual limit of £5,100.
  • Interest rate is guaranteed to be no lower than 2% below the UK Bank Base Rate, until further notice.
  • Minimum withdrawals of £10.
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1.The Tax-free rate is the contractual rate of interest payable where interest is exempt from income tax.

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.

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