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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 June 2015.
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Easy Saver ISA – Issue 2 was withdrawn from sale on Sunday 15 September.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) includes a 1.25% fixed introductory bonus rate until 30 June 2015. After this date it reverts to a variable rate, currently 0.50% AER tax-free.
The Cheshire, Derbyshire and Dunfermline Building Societies are Trading Divisions of Nationwide Building Society.