2 Year Fixed Rate Cash ISA - Issue 1
2 Year Fixed Rate Cash ISA – Issue 1 is a fixed rate account with a low minimum balance.
This is an easy way to save tax-free.
The Society is currently accepting Cash ISA transfers in. Please contact a member of our Savings Team on 01455 844422 or visit one of our branches to discuss your requirements. If you prefer to contact us via email SavingsTeam@esbs.co.uk then we can call you. Once discussed, we will provide you with an application form for you to complete and we will arrange your transfer to us.
The Information provided is a summary of the key features of the savings account and is not intended to be a substitute for reading the terms and conditions that apply to the account.
|What is the Interest Rate?||4.85% Gross/4.85 AER (From 21 July 2023)|
AER stands for Annual Equivalent Rate. It illustrates what the interest rate would be if interest was paid and compounded each year.
Interest is calculated daily.
Interest is paid into the account one year from the opening date and on maturity.
See our current interest rates for all savings accounts.
|Can esbs change the Interest Rate?||No – This is a fixed rate for the term of the account.|
|What would the estimated balance be after 12 months based on a £1,000 deposit?|
|The projected balance based on the current interest rate is £1,099.35 at the end of the fixed rate term.|
This projection is provided for illustrative purposes only and does not take into account the individual circumstances of the customer.
|How do I open and manage my account?|
|Can I withdraw money?|