Regular Saver Cash ISA
| Amount | *Annually Gross % PA | *Annually Net % PA | *Monthly Gross % PA | *Monthly Net % PA | * A.E.R Rate % PA |
|---|---|---|---|---|---|
| £100+ | 1.50% | N/A | N/A | N/A | 1.50% |
| £25,000+ | 2.10% | N/A | N/A | N/A | 2.10% |
| £50,000+ | 2.60% | N/A | N/A | N/A | 2.60% |
| 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 Maximum: £5,640 per tax year Maximum: £500,000 (representing the overall limit for savings with the Society for each individual) |
| Withdrawals: | One withdrawal permitted per year April to March |
| 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. Between £10.00 and £470.00 must be saved per calendar month. If a month is missed the account will be converted to the Cash ISA, Instant Access account. |
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.