18 May 2012
Cheshire Building Society, which is part of the Nationwide Group, is today (Friday 18 May) launching Issue 3 of its Direct Cash ISA.
Direct Cash ISA – Issue 3
The rate on Direct Cash ISA – Issue 3 is 3.35% AER* tax-free (variable), which includes an introductory fixed bonus of 2.35% AER* tax-free until 30 November 2013. This rate applies to balances of £1,000 or more.
Open to new ISA subscriptions only, Direct Cash ISA – Issue 3 is available to those savers who are yet to use their 2012/13 cash ISA allowance. Savers can open Direct Cash ISA either online or by phone and are able to make as many deposits and withdrawals as they like, up to the current Cash ISA limit, by post without loss of interest.
Cheshire Building Society will write to customers around a month before the bonus expires to notify them that their bonus is coming to an end.
||Direct Cash ISA – Issue 3
||Online or phone, manage by post
||Unlimited, free withdrawals
||Unlimited, up to annual cash ISA allowance
|Min. opening balance
|Min. operating balance
As a result of this change Direct Cash ISA – Issue 2 will be withdrawn.