Get a great return on your ISA savings if you have over £50,000.
Minimum balance £50,000
This account can only be opened by transferring in your existing cash ISA.
If you are transferring from your existing BBS cash ISA download the transfer application form.
If you are transferring your cash ISA from another provider download the external transfer form and application form. You will need to complete both of these forms to open this account. We will liaise with your existing provider and forward your new ISA information to you when the transfer is completed.
Complete as appropriate and return to us at Buckinghamshire Building Society, FREEPOST, High Street, Chalfont St Giles, Bucks HP8 4BR.
OPERATING THE ACCOUNT
The ISA limit is £10,200 per tax year of which up to £5,100 can be invested in a cash ISA in the current tax year. The remainder can be invested in a stocks and shares ISA with the same or another provider.
You must be 16 years of age or over to invest in a cash ISA. You may only pay into one Cash ISA per tax year.
To access your money, give 120 days notice in writing and you will incur no penalty. If you do require an immediate withdrawal, this can be made subject to 120 days penalty loss of interest on the amount withdrawn. If, however, you have paid the maximum subscription limit into your ISA in the tax year and make a withdrawal, you cannot replace the amount withdrawn during that tax year. You may transfer your cash ISA to another ISA manager following 120 days notice or immediately subject to 120 days penalty loss of interest, provided you make your request in writing.
The account can be opened either in person at our branches or by post.
The account can only be opened by UK resident individuals (not companies, charities, clubs, etc.) in single names only. Joint accounts are not permitted.
INTEREST RATES
Interest will be credited annually at 31st December either into the account or to another bank/building society account.
The interest rate is variable and we may change it at any time.
Interest on this account will be paid gross providing that the ISA regulations have been fulfilled. Interest from this cash ISA will not have to be entered on your tax return.
Click here to view the interest rates.
IDENTIFICATION
Go to the Important Information page for full details of our identification procedures.
Please note that, for legal reasons, we are unable to open an account unless we can verify your identity.
OTHER INFORMATION
Upon opening a Fixed Rate cash ISA Bond you will automatically become a Member of the Society and be bound by its Rules. This account is subject to the Cash ISA Terms and Conditions as well as the Society's General Terms and Conditions.
You can transfer money from your cash ISA into your stocks and shares ISA, but not from stocks and shares into a cash ISA.
This cash ISA does not meet the voluntary standards set by the Government for deposit based stakeholder products.
All new savers opening share accounts must agree to assign any future windfall rights to the Charities Aid Foundation. The application form has further details.
The Society operates a 14-day cooling off period, so if you change your mind about opening this account you will receive all your original capital plus any interest accrued.
The Society reserves the right to suspend or amend an issue of shares at any time and potential investors should check that the required issue is still available.
