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Cash ISA - Instant Access

Interest Rates (Effective from 01/07/11)
Amount*Annually Gross % PA*Annually Net % PA*Monthly Gross % PA*Monthly Net % PA*A.E.R. % PA
£100+1.40%N/AN/AN/A1.40%
£25,000+2.00%N/AN/AN/A2.00%
£50,000+2.50%N/AN/AN/A2.50%
Main Features
Available To:Personal savers resident in the U.K. Available to existing customers and new customers.  Applicant must be a U.K. resident and over the age of 16 years.
Investment:Minimum: £100.00
Maximum: £5,640 per tax year
Maximum: £500,000 (representing the overall limit for savings with the Society for each individual)
Withdrawals:Instant Access
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

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.