Premier ISA Issue 2

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6.50%
TAX FREE / AER*

Summary Box
Key Product Information for our Savings Account
Account Name
 Premier ISA Issue 2
Interest Rates (AER's)
 The interest rate is fixed at 6.50% tax free / AER until 31st October 2009.
Thereafter interest will be paid at a variable rate which is currently 5.50% tax free / AER.
The interest rate is guaranteed to be not less than Bank Base Rate until 31st January 2011. Interest is calculated daily and paid annually on 31st December.
Tax Status
 Tax Free
Condtions for Bonus Payments
 Not Applicable
Withdrawal Arrangements
Withdrawals and closures are available subject to 35 days loss of interest on the amount withdrawn until 31st October 2009.
Thereafter withdrawals and closures are available without notice or penalty.
Access
 Post, Branch or Agency

CONDITIONS
You cannot subscribe to a Cash ISA if you have already subscribed to any other Cash ISA, or subscribed your entire ISA allowance to a Stocks and Shares ISA in the same tax year.

You may invest from £1,000 up to £3,600 in each tax year and you may also transfer in your existing ISA investments as detailed in the ISA Terms and Conditions.

Interest can be credited to the account or paid out to your bank account according to your preference as indicated on the application form.


 
Please read this in conjunction with the ISA Terms and Conditions and Identification Requirements.

Please note that this account is a limited edition and the Society reserves the right to withdraw the account at any time and return applications should the account become oversubscribed. Applicants must be over the age of 18.
 
To take advantage of this savings opportunity you can apply by post, through your local branch or agency or simply call our dedicated helpline number on 0161 923 8065.

POINTS TO NOTE
Interest is paid tax free which means that it is exempt from income tax. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added to the account once each year. Where balances fall below the minimum for the account type the Paid Up Share rate will apply (currently 0.25%).