Cash ISA
Date added: 02/02/2010< Back to Best Buys

General

Gross Interest Rate £1,000 - £9,999 = 2.25%;   £10,000 - £29,999 = 2.50%;   £30,000 - £49,999 = 2.75%;   £50,000 - £999,999 = 3.00%
AER £1,000 - £9,999 = 2.25%;   £10,000 - £29,999 = 2.50%;   £30,000 - £49,999 = 2.75%;   £50,000 - £999,999 = 3.00%

Opening

Method of opening accountBranch, Post
Minimum age of account holder16 - only available to residents of Northern Ireland
Minimum deposit£50,000 for 3.00% interest but account can be opened with a minimum of £1,000
Maximum deposit£5,100 per tax year.  Maximum ongoing balance £200,000
Contact details for opening028 7137 0037
Go to City of Derry Building Society Website
City of Derry Building Society, 43 Carlisle Road, Londonderry, BT48 6JJ

Ongoing

Frequency interest paid Annually
Interest fixed until Variable
Details of any bonus rates N/A
Minimum ongoing balance £1,000
Compound interest or paid into separate account Applied to account

Closing/Accessing funds

Withdrawals allowed Yes
How withdrawals are made Branch, Post
Early access penalties Yes
Notice required 30 Days