eISA (Issue 3)

I know it’s a cliché, but every penny really does count. Any chance you can show me how to put some money aside for a rainy day, and earn some tax-free interest?' Yes we can!

• Balances between £1000 - £9,999.99
  (5.30% p.a AER tax free)
• Balances over £10,000 (5.65% p.a AER tax free)
  

Key Features:

• You can open your eISA with as little as £1,000.
• You get a great variable rate of interest.
• Best of all, your savings earn you tax-free interest.
• Interest rate guaranteed to at least match the Bank of England Base Rate until 30th June 2009.
• A choice of monthly or annual interest.
• You can make withdrawals any time, via BACS, to a nominated account – and you won’t be penalised.
• We give you the convenience of online access, 24 hours a day.
• You can transfer in other Cash ISA's once your account has been opened.

With a minimum opening deposit of just £1,000, it’s easy to start making tax-free savings.

What does AER mean?
Every savings product that shows an interest rate must show the AER. It stands for Annual Equivalent Rate and shows what the interest would be if it were paid and added each year. We do this so you can compare our accounts more easily.

Account Opening Requirements:

Our account opening process is very simple and quick. Below is a summary of the key requirements to open an account. We recommend that you have a good look at the terms and conditions before applying.

5 Key Requirements to open an eISA (Issue 3) Account

1. You must be a UK resident (please note: this excludes the Channel Islands and Isle of Man).
2. Applicants must be aged 18 or over.
3. You need to be able to open your account with a minimum £1,000 balance.
4. You must hold a personal bank or building society current account that offers Direct Debit payment facilities.
5. To be able to access and transact on your account, you need access to a PC with internet capability and have a valid e-mail address.

Bradford and Bingley subscribe to the Banking Code, copies of which are available by request by visiting our Branches or telephoning our helpline.