Cash ISA
Save tax free with our Cash ISA
Taking out a Cash ISA is a simple way of making the most of your tax-free savings
limit. And now you can save up to £3,600 each tax year.
Standard Life Bank offer a Direct Access Cash ISA with a rate of 5.10% variable gross pa/AER.
To open a new account, or transfer your existing Cash ISA, call us on 08457 55 56 57.
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The Facts
- Rates correct as at 17 April 2008, subject to variation.
- Gross means the rate of interest paid without the deduction of tax, if applicable.
- AER means the Annual Equivalent Rate and illustrates what the interest
rate would be if interest was paid and compounded each year.
- For all accounts, you can choose whether interest is to be paid monthly
or yearly.
- Accounts available to UK residents only over the age of 16.
- For ISA accounts, you must be resident for tax purposes in the UK.
- Cash ISAs Savings products provided by Standard Life Bank plc. All other
ISA products managed by Standard Life Savings Limited.
- The tax relief for ISAs may be altered in the future and its value depends
on your financial circumstances.
- ISA documentation is issued by Standard Life Bank plc for the ISA Manager,
Standard Life Savings Limited.
- Minimum deposit £1.
- The maximum investment to the cash component of an ISA for 2008/2009 tax
year will be £3,600.
- Withdrawals sent by electronic transfer via your external account will normally
take 3 working days.
- You can transfer your ISA to us from another ISA Manager as long as you
have made no payments within that particular tax-year. You should be aware
that your existing ISA manager may charge you an exit fee.