1 Year Fixed Rate Cash ISA - Metro Bank

1 Year Fixed Rate Cash ISA

Metro Bank
1.25 % AER
Headline Interest Rate
Fixed
For 12 months
FSCS
Compensation Scheme
£ 1 min initial deposit
Unlimited max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 1.25 % AER
Headline Interest Balance: £ 1
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: Transfers in from other providers are permitted within 30 days of account opening.
Minimum Initial Deposit: £ 1
Date account was introduced: 17 Aug 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 12 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
£11.25%1.25%1.25%

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
Minimum Balance: £ 0
Maximum Balance: Unlimited
Statement Frequency: monthly
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: No withdrawals permitted during term. Closure permitted subject to 180 days interest penalty.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Not applicable.
Transferred on Maturity: At maturity the account is converted to an Instant Access Cash ISA.

Conditions

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

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