
Vernon Building Society Regular Saver ISA
Customers must live in a 25 mile radius of Stockport to open this account3.15% paid at £25K on portion of balance
Disclaimer: The rates shown are for information purposes only. Although endeavours have been made to provide accurate and timely information, Investment Sense Ltd cannot be held responsible for any errors or omissions of the information supplied.
All rates are subject to change without notice, please check with the bank or building society before investing. With fixed term notice savings accounts you can’t usually withdraw your money until the notice term has ended. Penalties may apply.
Eligible deposits are protected by the Financial Services Compensation Scheme ‘FSCS’ up to a maximum level of £85,000 per person per registered institution.
Regular Saver Cash ISAs are an ideal place for many people to start saving as the minimum amount needed each month is generally small and the interest is paid tax-free.
Cash ISA accounts are available that allow you to save on a monthly basis or by investing a lump sum, subject to an overall maximum each tax year.
Regular Saver Cash ISAs generally do not accept a lump sum contribution and often cap the amount which can be paid each month at a relatively low level.
Interest rates are often higher for a period of time, only to drop at the end of the introductory rate. You therefore need to be careful, to watch carefully for any drop in interest rates and transfer to an alternative Cash ISA if necessary.