ABBEY ISA NEWS

From 11 January 2010, Abbey and the Bradford & Bingley Savings Business will change its name to Santander UK plc and will operate under the brand name Santander.


SANTANDER DIRECT ISA ISSUE 6

Abbey offer the benefit of a great tax free ISA rate if:

  • You want 2.00% AER tax-free (variable) from £1+ which includes a 12 month variable rate bonus of 1.50% AER tax-free
  • You want 3.00% AER tax-free (variable) from £9k+ which includes a 12 month variable rate bonus of 2.00% AER tax-free
  • You want instant access to your savings
  • You want the option to transfer cash ISAs from other providers
  • You want to save from as little as £1

From 6 October 2009, the annual ISA allowance will increase for customers who are aged 50 or over, by the 5 April 2010, to £10,200 per tax year. Of this up to £5,100 can be contributed to a Cash ISA.  From 06 April 2010, the increased allowance will apply to all customers. For those under 50 £3,600 can be put into the Abbey Direct Cash ISA

FURTHER INFORMATION HERE

Santander Cash ISA

Since 2004, Abbey has been part of the Santander Group, the third largest bank in the world by profit. With the acquisition of Alliance & Leicester and the transfer of the branch network and savings business of Bradford & Bingley in 2008, Satander provide a full range of retail and corporate banking services to 25 million customers in the UK.



Abbey Direct Cash ISA (issue 3)