Yorkshire Bank Cash ISA Fixed Rate Bond Issue 4
April 19th, 2010
Yorkshire Bank‘s (ybonline.co.uk) Cash ISA Fixed Rate Bond Issue 4 is a limited offer cash ISA launched on 19th April 2010.
The Bond pays a guaranteed interest rate so customers know exactly how much their savings will grow and it has the following main features:
- Interest rate of 3.90% Tax-free/AER until 31 May 2013
- Tax free growth
- Guaranteed interest rate until 31 May 2013 if held for the full term
- The minimum amount to invest is £2,000
- Interest calculated daily from date of deposit
This Cash ISA Fixed Rate Bond is designed for savers who do not need to access their funds before 31st May 2013. In case of money withdrawal before that date, customer will have to pay an early withdrawal charge of minimum £30 and the account will be closed.
The new Cash ISA subscription limit from the 6th April 2010 is £5,100.
