Savings and Investments

Derbyshire Cash ISA

A variable rate Cash ISA with a low minimum balance and which allows withdrawals without notice. This is an easy way to save tax-free.

Account features
  • Minimum investment of just £10.
  • £5,100 Maximum contribution for the current tax year (09/10) if aged 50yrs or over (born on or before 5 April 1960).
  • £3,600 Maximum contribution for the current tax year (09/10) if aged under 50yrs (born on or after 6 April 2009).
  • Interest is calculated daily and paid annually on 5 April.
  • You may make withdrawals of at least £10 without notice.
  • Tax free interest (variable).
  • Download the account brochure for tax year 09/10 here.
  • Please read the Key Product Information for this account before you apply.
  • Important changes to ISA subscription. Click here to find out what this means for Derbyshire Building Society Customers.

Withdrawals

You may make withdrawals of at least £10 without notice, loss of interest or other charges provided the amount in the account does not fall below £10.

If you reach the maximum subscription limit in any tax year, you cannot make any further subscriptions in that tax year

If you take money out, any money you pay back in later will count against the ISA annual subscription limit in the year that you pay that money in.

Transferring from a different provider

You are able to transfer previous years' savings held in Cash ISAs with different ISA account managers into your Derbyshire Cash ISA

Moving to a different provider

You can transfer your ISA to any other ISA account manager, subject to the rules on taking money out as shown above.

Transfers

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

Interest Rates Gross p.a./AER
£10 to £9,000 0.25%
£9,000 and over 0.35%
View previous rates

Definitions of 'Gross p.a.' and 'AER' can be found in our glossary of terms.