3.75% annual interest rate* on balances £100+.
Interest is paid annually on the anniversary of account opening.
(*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year)
The interest rate on this account is fixed for the 2 year term. The Society does not have the right to change this interest rate during the 2 year term.
If you were to open this account with £1,000 and no further deposits or withdrawals were made you would earn £37.50 interest each year. If you choose to have interest compounded, this would result in a total balance of £1,076.41 at the end of the term, this is due to earning interest on your interest each year.
Please note this is an illustration only and does not reflect your specific circumstances.
This account is available to new and existing individual personal savers resident in the UK who are 18 or over.
You may open your account at any one of our branches or via post.
Any queries regarding your account can be dealt with via branch, email or telephone. Instructions on your account are required in person, at branch or in writing.
£100.
£500,000.
£500,000.
The maximum annual subscription is limited by HMRC and is £20,000 for the current tax year. This amount can be invested in either a Cash ISA or a Stocks & Shares ISA or be divided between the two. The maximum overall subscription must not exceed £20,000 across all ISA accounts you hold with any provider.
No withdrawals or account closure is permitted during the 2 year term following account opening, unless you request an ISA transfer out. A penalty of 80 days interest will be charged upon all requests and notice cannot be served.
Before maturity, we will inform you about available accounts if you wish to reinvest in another account with the Society. If you do not specify what you would like to do with the funds, your funds will be transferred to the default maturity account available at the time, but you may not receive the same interest rate.
Further information about ISAs can be obtained on the HM Revenue & Customers website www.hmrc.gov.uk.
We accept ISA transfers into this account. To find out more about our ISA transfer procedure, visit our ISA transfers page linked below. https://www.dudleybuildingsociety.co.uk/savings/existing-customers/isa-transfers/.
Transfer in requests must be received within 14 days of the account open date. After this date, a transfer in cannot be completed,.
Additional subscriptions are permitted to add the full HMRC allowance for the tax year until the 5th April of the current tax year. After this date, no further subscriptions are permitted.
Please confirm that you have read the below documents by ticking the box to the left. You can print these documents if you would like to retain a paper copy for your records.
Once you have filled out your application form, print it out and send it to Dudley Building Society, 7 Harbour Buildings, The Waterfront, Brierley Hill. DY5 1LN.
If you wish to open your account by cheque please ensure you enclose your deposit.
ISA Transfer In Form - Cash ISA
Please confirm that you have read the below documents by ticking the box to the left. You can print these documents if you would like to retain a paper copy for your records.
Please ensure that you have completed and enclosed our ISA application form along with the ISA Transfer In form.
Once you have filled out both forms, print them out and send it to Dudley Building Society, 7 Harbour Buildings, The Waterfront, Brierley Hill. DY5 1LN.
If you wish to open your account by cheque please ensure you enclose your deposit.
ISA Terms and Conditions
If you wish to find out more information or get support with your application, contact our friendly Customer Service team.
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