Direct ISA Issue 6
Date added: 12/02/2010 < Back to Best Buys
General
Gross Interest Rate  2.75% = £9,000+;   2.00% = £1 – £8,999
AER  2.75% = £9,000+;   2.00% = £1 – £8,999
Opening
Method of opening account Internet
Minimum age of account holder 16
Minimum deposit £9,000 for 2.75%, but account can be opened with £1
Maximum deposit £5,100 per tax year.  £2,000,000 maximum balance
Contact details for opening Contact Local Branch
Go to Alliance & Leicester Website
Alliance & Leicester plc, Customer Service Centre, Carlton Park, Narborough, Leicester, LE19 0AL
Ongoing
Frequency interest paid Annually
Interest fixed until Variable
Details of any bonus rates 2.25% for £9,000+; under £9,000 – 1.50% until 1 March 2011
Minimum ongoing balance £1
Compound interest or paid into separate account Applied to account
Closing/Accessing funds
Withdrawals allowed Yes
How withdrawals are made Internet
Early access penalties No
Notice required No