Post Office Money: Online ISA (1 Year Fixed Rate Cash ISA Issue 7)

Provider:
Post Office Money
Account:Online ISA (1 Year Fixed Rate Cash ISA Issue 7)
Account type:Cash ISA
Tax status:Tax free
Rates & conditions
Headline interest rate 0.95% AER
Interest rate type Fixed for 12 months
Interest payment frequency Maturity
Rate tiers
Gross Rate Excluding BonusGross Rate Including BonusAER
£5000.95%0.95%0.95%
Introductory bonus Not applicable.
Bonus payment conditions na
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 £500
Account opened
Branch
Post
Phone
Internet
Account conditions
  • Additional account
  • Withdrawal conditions
Transfers In Transfers in from other ISA providers are permitted. The Online ISA allows the customer to split their cash ISA savings into a selection of variable and fixed rate products within one cash ISA.
Managing the account
Minimum balance £500
Minimum withdrawal £0
Minimum additional deposit £0
Maximum balance -
Withdrawal conditions Withdrawal Conditions - No withdrawals permitted. Early closure permitted subject to 90 days loss of interest penalty. If this account is closed the whole Online ISA account has to be closed.
Transfers out Transfers out are permitted subject to early closure. Early closure permitted subject to 90 days loss of interest penalty Partial transfers are not permitted, the customer will not be able to transfer individual products held in the Online ISA or to another provider. They can, however, transfer the Online ISA in full to another cash ISA or stocks and shares ISA.
Transactions
Branch
Post
Phone
Internet
Statement frequency annually
Additional information This account is provided by Family Investments, and the customer's money is deposited with Bank of Ireland UK. The Online ISA allows the customer to split their cash ISA savings into a selection of variable and fixed rate products within one cash ISA. If this account is closed the whole Online ISA account has to be closed. Funds from this account can only be transferred into the customer's holding account or nominated account.