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Dudley Building Society > Savings > Cash ISA - Transfer In

Cash ISA - Transfer In

Interest Rates (Effective from 01/07/11)
Amount*Annually Gross % PA*Annually Net % PA*Monthly Gross % PA*Monthly Net % PA*A.E.R Rate % PA
£3,000+1.50%N/AN/AN/A1.50%
£25,000+2.10%N/AN/AN/A2.10%
£50,000+2.60%N/AN/AN/A2.60%
Main Features
Available To:Personal savers resident in the U.K. Available to existing customers and new customers. A minimum of £3,000 will be required to open an account. Applicant must be a U.K. resident and over the age of 16 years.
Investment:              Minimum: £3,000
Maximum: £5,640 per tax year
Maximum: £500,000 (representing the overall limit for savings with the Society for each individual)
Withdrawals:30 days notice required or 30 days interest will be forfeited on amount withdrawn.
Interest:Interest paid annually on 30th September
Other Criteria:You must supply your National Insurance number. Only one Cash ISA can be opened in any tax year. Please see our ISA Transfer In Procedure for more details or you can download the Transferring your Cash ISA guide which outlines the typical Cash ISA to Cash ISA transfer process.

Notes

  • AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.
  • Gross is the interest paid before the deduction of income tax at the rate specified by law.
  • The interest rate is variable and not linked to any of the Society's other savings rates.
  • This information should be read in conjunction with the account Terms and Conditions, Members Guide and the Interest Rate Guide.
  • Full Terms and Conditions of Dudley Building Society savings accounts are available on request.
  • Full details of the Statutory Rules and Regulations applicable to the Cash ISA are available on request.
  • Further information about ISA's can be obtained on the HM Revenue & Customs website: www.hmrc.gov.uk/taxon/savings.htm
  • If, in error, you open two ISA's in the same year and the Society is advised by HM Revenue & Customs to close your ISA, no interest will be paid.

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