Easy Access Cash ISA
If you are a UK resident over 16 you can open our simplest ISA, with immediate access, just like a normal savings account and all interest earned is tax free.
| Summary Box Key Product Information for our Savings Accounts |
|
|---|---|
| Account name | Easy Access Cash ISA |
| Interest rates (AERs) | 0.50% variable |
| Tax status | All interest earned on this account is tax free |
| Conditions for bonus payment | There is no bonus payment for this account |
| Withdrawal arrangements | Immediate access |
| Access | Access is via post, or one of our branches |
- Open with just £1
- Invest up to £5,100 in each tax year
- Immediate access to your savings, ensuring maximum flexibility
- You can choose to close your account at any time
- Savings are kept in cash and there is no risk to your money
- Interest is paid on 5 April each year and we can add this money to your account or transfer it to another one of your Saffron accounts
- You must be 16 or over to open this account
| Minimum investment | Maximum investment per tax year | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | £5,100 | 0.50 | - |
current rates valid from 1 August 2010
| Minimum investment | Maximum investment per tax year | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £1 | £5,100 | 0.10 | - |
previous rates valid from 1 April 2009 to 31 July 2010
Notes
- You will need your National Insurance number in order to open this account
- Once the subscription limit has been reached, no further deposits can be made, regardless of the amount of withdrawals
- You may transfer your current year's subscriptions in whole, and previous tax years' investments in whole or in part, to another ISA manager, at any time, by giving us notice in writing.
- Please make sure you read Your ISA Savings Terms and Conditions before applying for this account
Interested in a Stocks and Shares ISA and other options?
Ask in branch to talk to one of our Independent Financial Advisers or call Saffron IFA on 0845 600 7432



