Trust us to make your ISA work hard for you
Minimum deposit £1 - maximum deposit £5,100 per tax year from 6th April 2010 to 5th April 2011.
Why choose our Cash ISA?
If you are wanting to save some money but don't want to pay tax on the returns you receive, The Co-operative Bank Cash ISA could be for you.
- Deposit-based savings with The Co-operative Bank.
- Earn tax-free interest on your savings, provided you stay within HM Revenue & Customs guidelines.
- Save up to £5,100 per tax year.
- No notice periods** - get your money whenever you need it(minimum withdrawal of £10).
- Our current interest rate is 0.50% AER*.
- Run your account by phone, branch, or on-line 24/7.
- Quick setup.
- Easy to pay money in.
- Start saving from as little as £1.
Please read the following documentation before applying (These will open in new windows).
- Terms and Conditions (PDF - 0.4Mb)
- Key Features (PDF - 0.1Mb)
- Summary box (PDF - 0.1Mb)
*AER means the Annual Equivalent Rate and illustrates the contractual rate of interest as if paid and compounded each year.
**Once you have reached the tax year subscription limit, you may make no further deposits in that tax year regardless of any withdrawals.
Remember, you can subscribe to a Co-operative Bank Cash ISA so long as you have not subscribed to another Cash ISA with another provider in the current tax year. To find out how you can make the most of your tax-efficient savings, you need to make sure you understand ISAs.
Interest is applied annually on 5th April. Any rate change will be effected within 1 month of the Bank of England Base Rate changing.
Any reference to tax is based on our understanding of current legislation, which is subject to change and depends on your individual financial circumstances.
The Co-operative Bank is a member of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. In respect of deposits with a UK Office, payments under the Scheme are limited to 100% of the first £50,000 of the depositors total deposits held with the Bank. Visit www.fscs.org.uk for details.
The Co-operative Bank is authorised and regulated by the Financial Services Authority (No. 121885), subscribes to the Lending Code, is a member of the Financial Ombudsman Service and is licensed by the Office of Fair Trading (No. 006110).
The Co-operative Bank p.l.c., (990937) P.O. Box 101, 1 Balloon Street, Manchester, M60 4EP.
