With speculation about further falls in interest rates over the coming months, these limited issue accounts offer the added guarantee that they will pay at least 0.25% above Bank of England Base Rate, whatever happens. Withdrawals, transfers out and closures are permitted during the term of the accounts, subject to 30 days’ notice. The accounts are subject to a minimum opening and operating balance of GBP1,000.
Branch Notice ISA accounts can be opened at any of the society’s nine branches, and further details of their locations are accessible via the Scarborough Building Society website. Alternatively, customers wanting to open a Direct Notice ISA can do so via personal check or debit card by contacting the Society’s direct call centre.
Dave Wormall, head of group marketing at Scarborough Building Society, said: As we are now three-quarters of the way through the current tax year, we felt this was a good time to remind people of the importance of maximizing their tax free savings allowances. That’s why, in line with our mutual commitment to offering long term good value, we’ve launched these market-leading new accounts which combine the benefits of a great return and a guarantee that it will continue to pay 0.25% above the Bank of England Base Rate, whatever happens.
