Saffron Building Society

Saffron Building Society

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Credit Suisse Dual Rate Plan 10

Category
Description
The Credit Suisse Dual Rate Plan 10 is an account for Cash ISA's and direct deposits with a 6 year term.
Minimum Balance
£3,000
Eligibility
6 year deposit term
Conditions
Must close by 24 August 2013 (earlier if oversubscribed)
Details
This plan is designed to provide a return linked to the performance of the FTSE®100 Index. If the FTSE®100 Index falls below 60% of its initial index level at any time during the term, and you hold the plan for the full 6 year term, you will receive 5.00% gross (0.81% AER) payable at maturity, on top of your original deposit.
You will achieve 25% growth (equivalent to 3.78% AER), providing the FTSE®100 Index does not fall below 60% of its initial index level at any time during the term, providing that you hold the plan for the full 6 year term.
The initial index level means the closing level of the index at the start of the term on the issue date. (25 September 2013)
100%* of capital returned providing deposit is maintained in the plan until plan maturity date
6 year deposit term
Minimum deposit of £3,000
Maximum deposit of £85,000 (or full value for Cash ISA transfers)
Early termination prior to maturity, except in the event of death, will incur an Early Exit Fee. Other charges may also apply. Growth will only be achieved if the account runs to full maturity.
Featured
Yes

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