Hinkley and Rugby Building Society

Hinkley and Rugby Building Society

Phone: +44 (0)800 434 6343
Email:
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7 Day Notice Cash ISA

Interest Rate
1.25% AER
Minimum Balance
£500
Eligibility
Aged 18 or over
Details
To open a Hinckley & Rugby 7 Day Notice Cash ISA account you will need a minimum of £500.

The maximum you can invest in a Cash ISA in a tax year is £5,760.

If you do not put in the maximum allowed in any tax year then you will not be able to make up the balance in another tax year.

Investors must be 16 or over to open a Cash ISA and must be resident and ordinarily resident in the UK for tax purposes.

The account may not be a joint account nor may it be held on behalf of a person other than the account holder.

For eligible ISA investors aged 18 or over the annual ISA subscription limit in any one tax year is £11,520. The limit for investors aged 16 and 17 (who can only invest in a Cash ISA) is £5,760.

Up to £5,760 of the ISA allowance can be saved in a Cash ISA with Hinckley & Rugby.

The remainder of the £11,520 can be invested in a Stocks and Shares ISA with another provider (we do not offer Stocks and Shares ISAs). Alternatively, the full £11,520 can be invested in a Stocks and Shares ISA with another provider.

The Society offers a range of Cash ISA accounts but only accepts subscriptions into one Cash ISA account in any one tax year.

Interest is paid annually on 5th April or on closure.

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