2 Year Fixed Cash ISA - Bank of Scotland

2 Year Fixed Cash ISA

Bank of Scotland
0.5 % AER
Headline Interest Rate
Fixed
For 24 months
FSCS
Compensation Scheme
£ 500 min initial deposit
£ 9,000,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 0.5 % AER
Headline Interest Balance: £ 500
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: Transfers are accepted from other Cash ISA providers provided the funds are received from the customer's existing provider within 60 days of account opening.
Minimum Initial Deposit: £ 500
Date account was introduced: 12 Sep 2017

This account may be appropriate for you if

  • You haven't already opened a Cash ISA this year
  • Your are happy not accessing your money for 24 months
  • You are happy not withdrawing funds before the end of the term
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£5000.50%0.50%0.50%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: annually, monthly
Minimum Balance: £ 500
Maximum Balance: £ 9,000,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Account Certificate: Account Certificate available.

Withdrawals

Withdrawal Conditions: No partial withdrawals allowed during the investment term. Early closure, or transferring out to another ISA manager is allowed, subject to 180 days' interest penalty, calculated on the rate at which interest is paid on the account.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Withdrawals are not allowed during term.
Transferred on Maturity: Customer is contacted before the maturity date. If no instructions are received then the account will convert into an Access Cash ISA without bonus.

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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