Al Rayan Bank
Instant Access Cash ISA
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General

Gross Interest Rate1.35% expected profit rate
AERAs above

Opening

Method of opening accountInternet, Telephone, Branch, Post
Minimum age of account holder16
Minimum deposit£50
Maximum depositThe maximum amount you can contribute to an ISA is £20,000 for tax year 2019/2020, all of which can be held in a Cash ISA
Contact details for opening0808 301 4776
Go to Al Rayan Bank UK Website
Customer Services Team, Al Rayan Bank PLC, PO Box 1246, Birmingham B16 6AQ

Ongoing

Frequency interest paidMonthly
Interest fixed untilVariable
Details of any bonus ratesN/A
Minimum ongoing balance£50
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedYes
How withdrawals are madeInternet, Telephone, Branch, Post
Early access penaltiesNo
Notice requiredNo