If convenience and flexibility are important to you and you are comfortable using a computer, our Web ISA may be right for you.
|Interest rate||Balance||Tax-free^ p.a.||AER†|
|Variable||£1 - £20,000||0.25%||0.25%|
- Open online
- Save from £1
- Interest is calculated on your daily balance and paid annually
- Enjoy the benefits of a flexible ISA
- Transfer money to your linked account whenever you need it
- Transfer in your existing Cash ISA
- The maximum balance is £250,000
- Closure permitted
- Summary Box
- Calculate your savings
- Help & guidance
|Account name||Web ISA Issue 8|
|What is the interest rate?||0.25% Tax-free^ p.a. / AER† (Variable)
Interest is calculated on your daily balance and paid annually on 6 April every year (or the next business day).
|Can Principality change the interest rates?||Yes, variable account rates could increase or decrease.
Customers will be given personal notification of any material reduction in interest rates a minimum of 14 days before the changes take effect.
To understand why rates may be reduced please refer to the Savings Terms and Conditions.
|What would the estimated balance be after 12 months based on a £1,000 deposit?||£1,002.50
(based on the assumption that no further deposits or withdrawals are made during the 12 months).
|How do I open and manage my account?||
|Can I withdraw money?||Yes, you do not have to give notice to make a withdrawal or close your account.
This is a flexible ISA Account. This means you'll be able to take money out of it and replace that money before the end of the same tax year, without the replacement contributing any further towards your annual ISA allowance.
- The results displayed were dependent on the information you provided and are for illustrative purposes only and are by no means an indication of being suitable for your individual circumstances.
- The calculations assume interest is paid gross* of income tax on the entire balance on an annual basis
- It has been assumed that no withdrawals or additional deposits would be made from the account during the saving duration, and that the interest rate also remains the same during this time (note that interest rates on variable rate savings account are subject to change, and when fixed rate deals end, there is no guarantee that the same rate will be available in the future).
Before you apply below, please read the Web ISA Issue 8 Account Terms
If you are only transferring previous years’ ISA subscriptions, please enter your initial deposit as £1 on the application form. We will advise you how to make your transfer at the end of the application process.
You can only invest in one Cash ISA per tax year.
- Savings Terms and Conditions
- Web ISA Issue 8 Account Terms and Product Summary Information
Please also read the following:
- Basic information about the protection of your eligible deposits
- Electronic Verification Guide
- Tariff of Charges
- Your Information
Putting money into your savings account Once you've opened your savings account, for most accounts you should pay money in within 5 business days. Click here for information on how you can do that.
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