'4 Year' Fixed Rate ISA

(Issue 32)

Minimum investment of just £100.
£5,100 Maximum contribution for the current tax year (10/11)
Interest is calculated daily and paid annually on 31 August and on maturity.
If a withdrawal/transfer is made, there will be a charge equivalent to 320 days interest on the amount withdrawn/transferred at 4.15%.
The investment term is fixed to 31.08.14
Please read the Account terms brochure, A Guide to ISAs and Key Product Information for this account before you apply

Annual	Tax Free/AER
£100 and over	4.15%

Definitions of 'Tax Free' and 'AER' can be found in our glossary of terms.

Additional Investments

You can make further investments to an account once it has been opened up to the maximum balance, provided the account is still open for new investments. We will give you a passbook as a record of your investment.

Withdrawals

If a withdrawal/transfer is made, there will be a charge equivalent to 320 days interest on the amount withdrawn/transferred at 4.15%. If you close the account and the interest charge is greater than the interest accrued on the account then we will take money from the capital balance. An interest charge on withdrawal/transfer will mean that the stated interest rate will not be achieved. Any withdrawal on the death of an account holder will be allowed without charge.

Transfers

You can transfer funds into the account from Cash ISA accounts held with other providers or with us. If you intend to transfer ISA funds from your existing ISA Manager please ensure you complete the ISA Transfer form and send this with your account application form to the address given.

You can transfer your ISA funds out to another ISA account manager, subject to the withdrawal provisions above.

Investment Term and Maturity

The investment term is fixed to 31.08.14 You may withdraw your investment on the maturity date. Shortly before maturity we will tell you about the choices you have for continuing your investment. If we do not receive written instructions from you by the maturity date, we will transfer any funds due on maturity to a Cash ISA of ours which we consider appropriate. If we don’t have a Cash ISA at the time we will transfer any funds due on maturity to another account from our current range which we consider appropriate.

How and when we pay interest

The interest rate is fixed and we calculate interest on the sum you invest daily from the day after we receive it, up to and including the date of maturity. Interest will be paid on 31.08.10 then 31.08.11, 31.08.12, 31.08.13 and then on maturity (31.08.14). We will automatically add the interest into your account.

Please note: Once the account has been removed from sale, no further investments are permitted in any tax year. All fixed rate products are limited edition and may be withdrawn at any time.

Click here to take a look at our account terms brochure.

Cash ISA application form - Tax year 10/11

Cash ISA transfer form - Tax year 10/11

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Derbyshire Building Society is a trading division of Nationwide Building Society which is authorised and regulated by the Financial Services Authority under registration number 106078. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. You can confirm our registration on the FSA's website, www.fsa.gov.uk or by contacting the FSA on 0300 500 5000. Head Office: Nationwide House, Pipers Way, Swindon, Wiltshire SN38 1NW. This site is intended for UK residents unless otherwise stated.