As a Freestyle customer we can offer you the Select Freestyle ISA at a special
rate of 3.30% variable tax-free
pa/AER. This rate is higher than our standard ISA rate of 2.65%
variable tax-free pa/AER, so now you can make your savings go even further.
Summary box
Key
product information for this account
|
| Account name: |
Select Freestyle ISA |
| Interest rates
(AERs): |
Earn
3.30% variable tax-free pa/AER.
See full rates. |
| Tax Status: |
Tax-free on balances up to maximum subscription limit for tax year 2009/10. |
| Conditions for bonus payment: |
Not applicable to this type of account. |
| Withdrawal
arrangements: |
No notice period or penalties apply when making withdrawals on this type of account. However, as there is a limit on the amount you can deposit in your ISA in any tax year, you may not be able to reinvest any money you withdraw. |
| Access: |
Enjoy easy
access to your money over the phone 8am-6pm Mon-Fri, or make transactions
at a time that suits you with our online service. |
Important Information:
- The tax-free rate is the rate of interest payable where interest is exempt from income tax.
- ISAs attract tax reliefs which the Government may alter in future. The value of these reliefs to you depends upon your own personal financial circumstances.
- The interest payable in relation to savings accounts depends on the individual circumstances of each customer and may be subject to change in the future.
- Withdrawals sent by electronic transfer via your external account will normally take 3 working days.
- For all accounts opened on or after 1 March 2010 no transfers in from another ISA account (with us or anyone else) are permitted.
Facts:
- AER means the Annual Equivalent Rate and illustrates what the interest
rate would be if interest was paid and compounded each year.
- Minimum deposit £1.
- From 6th October 2009 the maximum deposit into a Cash ISA is £5,100 for anyone born on or before 5th April 1960. For those born after 5th April 1960 the maximum is £3,600, increasing to £5,100 from 6th April 2010.
- If the Freestyle mortgage is redeemed and a new Freestyle mortgage is not
taken out within 90 days the Select Freestyle ISA account will revert to our
standard ISA rate which is currently 2.65%
variable tax-free pa/AER.
- For ISA accounts, you must be resident for tax purposes in the UK.
- Standard Life Cash ISAs provided by Standard Life Bank plc, a division of the Barclays Group. These ISA products are managed by Standard Life Savings Limited, a member of the Standard Life Group.
- Offers may be withdrawn or amended at any time.
- Tax relief may change in the future.
- Rates correct as at 12 March 2009.
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