What is a Fixed Rate Cash ISA?
An investment in this Fixed Rate Cash ISA is for a fixed period and for a fixed interest rate, so whatever happens to interest rates you know exactly the return you will receive. For discerning investors who want to leave their money untouched and not worry over changes in interest rates, investment in our Fixed Rate Cash ISA is ideal. How much do I need to open a Fixed Rate Cash ISA? The minimum investment amount to open a Fixed Rate Cash ISA is £9,000 and you can receive an attractive rate of interest straight away. The minimum investment amount must be funded by a transfer from an existing Teachers Building Society Cash ISA account or ISA accounts. Who can invest in an ISA? You can invest in a Fixed Rate Cash ISA account providing you are 16 years in age or over, resident in the United Kingdom for tax purposes and currently hold a Cash ISA with the Society, opended prior to 1st July 2008. When will interest be paid? The interest on the Fixed Rate Cash ISA will be added to the accoun
