Help To Buy ISA - Penrith Building Society

Help To Buy ISA

Penrith Building Society
3 % AER
Headline Interest Rate
Compensation Scheme
Up to £ 1,000 initial lump sum
Up to £ 200 per month
  • Open By:

About the account

Headline Interest Rate: 3 % AER
Headline Interest Balance: £ 1
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: No
Minimum Initial Deposit: £ 1
Date account was introduced: 06 Apr 2016
Date of last rate changed: 06 Apr 2016
Maximum rate change: -1 %

This account may be appropriate for you if

  • You qualify for a Help to Buy ISA
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus

Account access

Open account byManage account by
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: £ 1
Maximum Balance: Unlimited
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.


Withdrawal Conditions: Instant access available, but if a withdrawal is made then no bonus can be claimed from the Government, in respect of these funds.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: No notice, penalty or charge is required for withdrawals
Free Withdrawal Conditions: No notice, penalty or charge is required for withdrawals
Minimum balance for instant access withdrawals 1


Area Restrictions: Only available to applicants with a Cumbria postcode.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse
Restricted Availability: This product is only available to First Time Buyers.

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