M&S Bank: Advantage Cash ISA

Provider:
M&S Bank
Account:Advantage Cash ISA
Account type:Cash ISA
Tax status:Tax free
Rates & conditions
Headline interest rate 1.10% AER
Interest rate type Variable
Interest payment frequency Annually
Rate tiers
Gross Rate Excluding BonusGross Rate Including BonusAER
£251.10%1.10%1.10%
Introductory bonus No introductory bonus payable.
Bonus payment conditions Not applicable.
Interest rate guarantees There are no interest rate guarantees.
Interest payment options to same account
Opening the account
Minimum age 16 years
Maximum age -
Minimum deposit £25
Account opened
Branch
Post
Phone
Internet
Transfers In Transfers in are accepted from other Cash ISA providers
Managing the account
Minimum balance £1
Minimum withdrawal £10
Minimum additional deposit £0
Maximum balance -
Withdrawal conditions no
Transfers out Transfers out are permitted to other Cash ISA providers
Transactions
Branch
Post
Phone
Internet
Statement frequency annually
Additional information Existing M&S Cash ISA customers can top up into the Advantage Cash ISA option online. Customers can split their ISA allowance (the current and previous tax years) between the fixed and variable rate ISA options.