- Current Accounts
- Credit Cards
- Insurance
- Loans
- Mortgages
- Savings & Investments
- How Do I ?
- Online Banking
If you don't already hold a 123 Current Account or 123 Credit Card you will need to open one of these accounts.
|
On early closure an early closure penalty equivalent to 120 days' interest will be applied to the account. |
|
Key Product Information |
|
|
Account name |
2 Year Fixed Rate ISA (123) |
|
Interest rates (AERs) |
Fixed interest rate for 2 Years. View our current rates When the fixed term ends (at maturity) this cash ISA will become an ISA Saver, with rates dependent on the account balance at the time. Current rates for a ISA Saver are 0.50% AER tax free (variable) for balances of £1+, 1.50% AER tax free (variable) for balances of £10,000+ and 2.00% AER tax free (variable) for balances of £25,000+. |
|
Tax Status |
Tax Free. The favourable tax treatment of ISAs may change in the future. |
|
Conditions for bonus payment |
N/A |
|
Withdrawal arrangements |
Partial withdrawals are not allowed. You can access the whole of your balance by closing the account or by transferring the cash ISA in full to another ISA. On early closure a charge equivalent to 120 days' interest will be applied to the account. The account must be closed in the event of your death but an early closure charge will not be applied. |
|
Access |
Branch and telephone. You will be able to view the account online. Please note, during the fixed term transactions are limited to full closure or transfer out. |
Product is subject to availability. Rates are fixed for 2 years and effective from 8th May 2013.
Existing Santander Cash ISA customer? - Call 0845 600 0181 or visit a Santander branch to upgrade to this cash ISA account.
Remember to have your National Insurance Number to hand.
A reminder on ISA allowances
From 6 April 2013 you can invest up to £11,520 in an ISA, of which up to £5,760 can be put into a cash ISA. You can only pay into one cash ISA each tax year.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The tax free rate is the rate of interest payable where interest is exempt from income tax.
All our ISAs are provided by Santander ISA Managers Ltd, which is a wholly owned subsidiary of Santander Asset Management UK Holdings Limited. Registered in Scotland No.151605 at: 287 St Vincent Street, Glasgow G2 5NB, United Kingdom. Telephone 0845 6000 181. Authorised and regulated by the Financial Conduct Authority. FCA registration number 171448.
Rates and information correct as at 8th May 2013.
You are here: