|0.45% Gross* / AER**||for balances £1+|
|0.55% Gross* / AER**||for balances £35,000+|
Interest is calculated daily and added annually on 5th April at close of business.
|0.40% Gross* / AER**||for balances £5,000+|
|0.50% Gross* / AER**||for balances £35,000+|
Monthly Interest is calculated daily from date of opening and be credited to a nominated account other than this Cash ISA. Interest is credited on the last day of each month.
|0.45% Gross* / AER**||£1,004.50|
|0.55% Gross* / AER**||£35,192.50|
|0.40% Gross* / AER**||£5,000.00***|
|0.50% Gross* / AER**||£35,000.00****|
These figures are for illustration purposes only, and assume no further deposits, withdrawals or interest rate changes.
The Annual Interest figure assumes that interest is paid back into the account. The Monthly Interest figure assumes a balance of £5,000 which is necessary to be eligible for monthly interest, and also that the interest payments are paid away to a nominated account.
*** The total amount of Monthly Interest paid in 12 instalments over 12 months is £20.0.
**** The total amount of Monthly Interest paid in 12 instalments over 12 months is £175.00.
Available to UK Residents and UK Tax Residents aged over 16.
Complete the application form, relevant declaration(s) and provide necessary identification then forward together with the initial deposit (payable to the account holder) to the Society’s office. Contact the Society about the transfer of funds to or from another provider.
The minimum opening investment is £1, and the maximum annual subscription limit for the 2021/22 Tax Year is £20,000 as set annually by HM Revenue and Customs. This account can be managed via post and branch. Please contact the Society for information regarding Third Party Assistance.
Yes, notice and penalty free withdrawals are permitted. As this is not a flexible ISA any amount withdrawn cannot be replaced and will count towards your annual subscription limit.
You can normally make a withdrawal on demand of cash up to £500 and any amount by cheque or Faster Payment, subject to adequate cleared balance and written instruction signed by the relevant signatory(ies).
*Gross rate – the contractual rate of interest to be paid on a savings account without any deduction being made in respect of potential tax liability.
**AER – stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
To apply, please complete the application form below and either call in to our branch or send the completed form with your opening deposit to the Beverley Building Society at 57 Market Place, Beverley, East Yorkshire, HU17 8AA