Al Rayan Bank Instant Access Cash ISA – Issue 2

General

Gross Interest Rate

0.60% - Expected profit rate

AER

0.60%

Opening

Method Of Opening Account

Internet, Telephone, Branch, Post, Mobile

Minimum Age of Account Holder

16

Minimum Deposit

£50

Maximum Deposit

The maximum amount you can contribute to an ISA is £20,000 for tax year 2020/2021, all of which can be held in a Cash ISA

Contact Details For Opening

0808 252 7615
Al Rayan Bank PLC, PO Box 12461, Birmingham B16 6AQ
Go to Al Rayan Bank Website

Ongoing

Frequency Interest Paid

Monthly

Interest Fixed Until

Variable

Details of any Bonus Rates

N/A

Minimum Ongoing Balance

£50

Compound Interest or Paid Into Separate Account

Paid into separate account

Closing/Accessing funds

Withdrawals Allowed

Yes

How Withdrawals Are Made

Internet, Telephone, Branch, Post, Mobile

Early Access Penalties

N/A

Notice/Term

None