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Maturity Cash ISA

Perfect if you...

    • Want to have instant access to your savings
    • Want to make withdrawals as and when you need to
    • Have a maturity fixed term Saffron Building Society Cash ISA account

Just remember...

  • You will need a minimum deposit of £1 to open the account
  • You must be a UK resident aged 16 or over
  • ISA transfers from other providers are not permitted for this account

Summary box

* The tax-free rate is the contractual rate of interest payable where interest is exempt from income tax. The annual equivalent rate (AER) is a notional rate which illustrates what the gross interest rate would be if the interest was paid and added to the account annually.

Account Specific Rules and Criteria – Effective from 5 June 2020

Where the Savings Terms & Conditions are inconsistent with the account specific rules and criteria, these account specific rules and criteria will apply and will take priority.

  1. Where you do not subscribe to the maximum limit in a tax year, you cannot carry over the unused limit to the following tax year
  2. By investing in this cash ISA, you will be limiting the amount you can invest in the other types of ISAs
  3. You can switch from another Saffron Building Society ISA (subject to the original accounts terms and conditions)
  4. Saffron Building Society is not a flexible ISA provider
  5. If you close your account, and have made a subscription to the account during the current tax year, the ISA rules do not allow you to open another cash ISA in the same tax year
  6. Interest will be paid tax- free, providing your account meets HMRC ISA regulations
  7. We will automatically open this account for funds maturing from a fixed term Cash ISA account if you haven’t instructed us otherwise.

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