Issue 11
Interest Rate AER / Tax Free - Fixed : 4.00%
Minimum - Maximum Balance : £1,000 to £500,000
Open and manage your account : Online, in Branch or Agency
You must be:
- At least 18 years old.
- A UK resident (excluding Northern Ireland).
- A Crown servant (for example diplomatic or overseas civil service) or their spouse or civil partner if you do not live in the UK.
May be suitable for you if:
You would like to invest a lump sum for 18 Months.
You do not need access to your money for 18 Months.
You have £1,000 available to open the account.
You would like to make additional deposits within the first 30 days of opening your account.
You would like to open and manage this account online and/or in person from Monmouthshire Building Society Branches.
Not Suitable for you if:
You would need access your funds within the fixed period.
You would like to open this account over the phone or by post.
Additional Information :
- Accounts can be held in sole name only.
- You can pay into multiple Cash ISAs within the same tax year, up to the overall ISA allowance of £20,000.
- Deposits can be made up to the annual ISA subscription allowance, £20,000 for the 2024/25 tax year.
- There is a 14 day cancellation period.
- There may be a penalty if you withdraw your money before the end of the fixed term. (Full closure, including transfer to another ISA provider, will be allowed subject to 135 days’ loss of interest, calculated on the closing balance)
Click below to expand the 18 Month Fixed Rate ISA Summary Box and Terms and Conditions.
| What is the interest rate? |
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| Can Monmouthshire Building Society change the interest rate? |
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| What would the estimated balance after 18 months based on £1,000 deposit? |
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| How do I open and manage my account? |
Who can open
How to open
Minimum
Maximum
How to manage
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| Can I withdraw money? |
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| Additional Information |
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It is important that you read the following before deciding to open an account:
Fixed Rate Cash ISA Terms and Conditions
18 Month Fixed Rate ISA Summary Box
Other Important Information:
General Terms and Conditions for Savings Accounts
Important Information About Your Personal Data
My Accounts Terms and Conditions
Savings terms:
AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest were paid and added to your account each year.
Gross is the rate of interest payable before any tax is taken off.
Fixed interest means the rate stays the same until the account matures.
Variable interest means the rate can go up or down at any time. We will always publish our rate changes and give you with at least 30 days notice if the rate on one of your accounts is due to go down.
Tax-free means you will not pay any tax on your interest.
Tax year runs from 6 April to 5 April.
Business day is Monday to Friday excluding bank holidays.
The information provided in the summary box is a summary of the key features of the 18 Month Fixed Rate ISA and is not intended to be a substitute for reading the terms and conditions above that apply to the account.
If you have read and understood all the information provided, and you would like to apply for an 18 Month Fixed Rate ISA simply click below.
Alternatively, you can visit one of our branches or agencies in person.
