Best in Class
2% Tax-Free P.A/AER
Lock away your savings and watch them grow tax-free
Our Cash ISA Fixed Rate Bond gives you a fixed interest rate for the duration of the bond, providing you with a guaranteed return at the end of the term. You won't pay any tax on the interest you earn either, so it's a great way to make the most of your savings and plan for the future.
This limited issue ISA won’t be around forever and could be withdrawn at any time. Take advantage of our best in class rate  today. With our straightforward online application your account can be open in minutes.
If you withdraw your funds before the maturity date this will incur a charge. Once this ISA has been removed from sale, you have 14 days to complete saved applications and a further 14 days to make a subscription. Interest is calculated daily and credited to the account annually and at maturity. UK resident only. Applicants must be 16 to apply. 18 to apply online.
 Tax-free means interest payable is exempt from income tax. AER – Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.
 Unless you tell us otherwise on maturity, the Cash ISA - fixed rate bond will be re invested into a new Cash ISA - fixed rate bond of a term closest in length to your original Cash ISA - fixed rate bond term. We will write to you with details of the available options before maturity.
 "Best in class" rate based on a comparison of all UK Cash ISA Fixed Rate Bonds (up to 3 years in term) Moneyfacts 3/8/17.
Anyone aged 16 years or over is eligible to apply for a Cash ISA, must be resident or ordinarily resident in the United Kingdom and hold a National Insurance number (If you do not know it, you should be able to find your NI number on a payslip, form P45 or P60, a letter from the HM Revenue & Customs, a letter from the DWP, or pension order book). If you do not have a National Insurance number please call us to discuss.
The value of any tax benefits to you depends on your individual circumstances, the law and Her Majesty's Revenue and Customs (HMRC) practice which are subject to change. The proceeds of an ISA are free from UK income tax and capital gains tax, provided all ISA conditions are met.
The overall ISA limit for 2017/2018 is £20,000 with customers having the option to save all or some of their full allowance in cash, subject to the overall annual maximum amount of £20,000.
If you already have ISAs with Clydesdale Bank or any other provider, you can transfer them to one of our Cash ISAs at account opening. New subscriptions will be subject to the overall annual maximum limit of £20,000.
The Cash ISA fixed rate bond is designed for savers who don't need to access their funds before the stated maturity date. If you withdraw your money before that date, you will have to pay an early withdrawal charge based on the number of days to maturity, and the account will be closed. Full details in terms and conditions.
Make sure that the Cash ISA Fixed Rate Bond – Issue 41 is a good match for you.
|Account name||Cash ISA Fixed Rate Bond Issue 41 – Maturity date 31st July 2020|
|What is the interest rate?||
Interest is calculated on a daily basis and is credited to the account annually and at maturity, or on account closure.
|Can Clydesdale Bank change the interest rate?||No. The interest rate is fixed when you open the Cash ISA Fixed Rate Bond.|
|What would the estimated balance be at maturity based on a £2,000 deposit?||
This is only an example and does not take into account your individual circumstances.
The examples assume that:
|How do I open and manage my account?||
The account can be opened in branch.
You must be aged 16 or over to apply in branch and 18 or over to apply online.
Minimum deposit required to open and maintain this account is £2,000. The overall ISA limit for 2017/2018 is £20,000.
|Can I withdraw money?||
You cannot make part withdrawals from your Cash ISA - Fixed Rate Bond. If you choose to close or transfer your account before Maturity, a charge will be payable. The charge is dependent on the number of days to Maturity; further details can be found in the Terms and Conditions. Please note following the closure of a Cash ISA Fixed Rate Bond account where the funds have not been transferred to another ISA, the funds will no longer be eligible for the tax benefits of an ISA. ISA withdrawals have no effect on annual subscription limits as once you have reached the investment limit in any tax year you cannot make any further subscriptions in that tax year regardless of the number of amount withdrawn from your investment.
Tax free - interest is paid gross.
Gross rate interest is the interest payable without taking account of any tax payable.
AER (Annual Equivalent Rate). The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.
How do I deposit into my Cash ISA Fixed Rate Bond?
Login to complete your savings account application. If you’re not sure what your login details are, or you can’t get online for some reason, please give us a call on 0800 028 3632.
Your eligible deposits with Clydesdale Bank PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme.
This limit is applied to the total of any deposits you have with the following: Clydesdale Bank, Yorkshire Bank and B. Any total deposits you hold above the limit between these brands are unlikely to be covered.