Account name
Cash ISA Issue 2 (Variable)
Minimum amount to open the account
£1
Investment conditions
You can open this cash ISA with as little as £1. Including the amount you open the account with, you can pay in up to the annual ISA subscription limit into the account in each tax year.
In following years, you can pay in up to the annual ISA subscription limit into the account in each tax year. This is a flexible ISA so you can withdraw funds from your account and replace them without it counting towards your annual allowance, so long as you replace the funds in the same tax year.
Withdrawal conditions
You can make withdrawals at any branch, in line with their withdrawal limits. You do not have to give notice to withdrawal money and you will not lose any interest.
This is a flexible ISA so you can withdraw funds from your account and replace them without it counting towards your annual allowance, so long as you replace the funds in the same tax year.
Interest payment
Interest will be paid gross (without deducting income tax) providing you meet the ISA regulations.
Interest is calculated daily and added to the account on 31 March each year. It can be added to this account, transferred to another of our savings accounts or into your bank account.
Eligibility
You must be over 16 to open this account and it can only be opened in your name. Joint accounts are not allowed.
Other
Notes
The Financial Conduct Authority is the independent financial services regulator. It says that we, Darlington Building Society, must give you this information to help you decide whether our cash ISA is right for you. You should read this document carefully so that you understand what you are buying, and then keep it safe to refer to in the future.