The Swansea Building Society offer a Cash ISA with a minimum deposit of £1 and instant access via a passbook. The current rate is up to 2.50% A.E.R*/Gross**.
The minimum investment figures quoted apply to investors residing within the Society's normal operational area which is Wales. Investors residing outside of Wales will be required to invest a minimum amount of £5,000. This balance must be retained as a minimum pending closure of the account(s). Where an investor residing outside of Wales opens an ISA they will be required to invest monies to a combined value of £5,000 in the ISA and another of the Society's investment account types until the balance on their ISA reaches a minimum of £5,000.
* Stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year. ** Without UK income tax deducted.
Cash ISA application form
If you have a Cash ISA with Swansea Building Society already and you did not subscribe in the previous tax year, you will need to complete the re-registration form, which can be downloaded at our forms page.