Credit Suisse Protected* Capital Plus Account 4 (5 year)
Must close by 23 September 2010 (earlier if oversubscribed)
- 100% - Capital protected providing investment is maintained in the plan until plan maturity date
- 5 year investment term
- 12.5% minimum growth gross (equivalent to 2.38% gross AER**) at maturity subject to leaving your funds invested for the full 5 year term
- Potential growth of up to 40% gross (equivalent to 6.96% gross AER**) - dependent upon the performance of the FTSE™100 Index
- Minimum investment of £3000
- Maximum investment of £45000 (or full value for Cash ISA transfers)
Available for:
| Minimum | Maximum | |
| Cash ISAs for 2010/2011(please note that if you do not invest the maximum for the tax year you will be unable to invest the remainder of your Cash ISA allowance in the same or another Cash ISA in the tax year 2010/11) | £3000 | £5100 |
| Direct Deposits (i.e. outside of an ISA) | £3000 | £45000 |
| Cash ISA transfers | £3000 | Full value |
* The plan is principal protected. This means that the plan is designed to pay back your Initial Investment in full at the end of the Investment Term. Your money is protected in the same way as it is with any other bank or building society account you have. The Deposit Taker is therefore obliged to repay your original investment in full at maturity.
Your investment will be covered by the Financial Services Compensation Scheme up to a maximum of £50,000, regardless of any other investments you may hold with Saffron Building Society (subject to certain exclusions as detailed here). You should note that although Saffron Building Society is offering you this account in partnership with Credit Suisse International, it is Lloyds TSB Bank plc who is the "Deposit Taker". You should take into consideration any other deposits held with Lloyds TSB Bank plc in determining cover under FSCS.
Lloyds TSB Bank plc is currently rated as AA-/F1+ stable by an independent credit rating agency - Fitch as of 15 June 2010. This means that it is considered to be strong financially.
** The gross rate is the rate before deducting tax at the rate applicable to savings income. The annual equivalent rate (AER) is a notional rate which illustrates the contractual rate (excluding any bonus interest payable) as if paid and compounded on an annual basis.
