16 September 2013
On 16 September 2013, the Cheshire, Derbyshire and Dunfermline Building Societies, part of the Nationwide Group, are launching a new issue of Easy Saver ISA.
The branch-based Easy Saver ISA (Issue 3) pays a competitive 1.75% AER* tax-free variable, which includes a fixed introductory bonus of 1.25% until 30 November 2014.
The account allows new cash ISA subscriptions only with a minimum opening balance of £1. Unlimited withdrawals and deposits can be made, subject to the cash ISA allowance.
Easy Saver ISA – Issue 2 was withdrawn from sale on Sunday 15 September.
Notes to editors:
* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and compounded once each year. Tax-free is the contractual rate of interest payable where interest is exempt from income tax.
RATES FOR EASY SAVER ISA (ISSUE 3), EFFECTIVE FROM 16 SEPTEMBER 2013
|EASY SAVER ISA (ISSUE 3)
||AER / tax-free variable (inc bonus)
||AER / tax-free variable (exc bonus)
Easy Saver ISA (Issue 3) includes a 1.25% fixed introductory bonus rate until 30 November 2014. After this date it reverts to a variable rate, currently 0.50% AER tax-free.
||EASY SAVER ISA (ISSUE 3)
||Unlimited, subject to annual cash ISA allowance. New subscriptions only, no transfers in or consolidations allowed.
|Min. opening balance
|Min. operating balance
||Derbyshire and Dunfermline: paid annually on 30 September
Cheshire: paid annually on 31 December
The Cheshire, Derbyshire and Dunfermline Building Societies are Trading Divisions of Nationwide Building Society.