Savings & Investments

Derbyshire Cash ISA

  • Minimum investment of just £10.
  • £5,100 Maximum contribution for the current tax year (10/11)
  • 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 10/11 here.
  • Please read the Key Product Information for this account before you apply.
Interest Rates Gross p.a./AER
£10 to £9,000 0.25%
£9,000 and over 0.35%

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

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.

*Tax-free is the contractual rate of interest payable where interest is exempt from Income Tax.

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.

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

 
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