Paragon Bank
Triple Access Cash ISA
Issue 1
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General

Gross Interest Rate0.80%

AER0.80%

Opening

Method of opening accountInternet
Minimum age of account holder18
Minimum deposit£1
Maximum depositThe maximum amount you can contribute to an ISA is £20,000 for tax year 2020/2021, all of which can be held in a Cash ISA
Contact details for opening0800 052 2222
Go to Paragon Bank Website
Paragon Bank PLC, PO Box 850, Wallsend, NE28 5BJ

Ongoing

Frequency interest paidAnnually, a monthly option also available
Interest fixed untilVariable
Details of any bonus ratesN/A
Minimum ongoing balance£1
Compound interest or paid into separate accountBoth

Closing/Accessing funds

Withdrawals allowedYes - the rate will drop to 0.25% if more than 3 withdrawals made in 12 month period
How withdrawals are madeInternet
Early access penaltiesSee above
Notice requiredNo