Loyalty Reward ISA
This account is no longer available to new customers.
Current interest rates
|Account opened||Balance||Tax-free rate pa%||AER%|
For information on previous rates on this account, including any introductory bonuses that may have been applied, please see the 'Previous interest rates' tab.
Previous interest rates
This previous interest rates tab sets out all rates that have applied to Loyalty Reward ISA in the past, and any introductory bonuses that have been payable in addition. To find out how much interest you are currently earning on your money, please click on the current interest rates tab.
Depending on when you opened the account you may have benefited from an introductory bonus. The introductory bonus would have been payable for a year, after which the rate on your account would have reduced accordingly. Details of all introductory bonuses that have been paid on this account are set out below.
|Account opened||Bonus rate (pa%)|
|7 December 2012 - 24 February 2013||0.25|
|24 September 2012 - 6 December 2012||0.60|
|27 February 2012 - 23 September 2012||1.00|
The core rates payable on this account, excluding any introductory bonus that may have applied, are set out below:
|Rates effective from||Balance||Tax-free pa%||AER%|
|27 February 2013||£1+||2.01||2.03|
|Transfers-In:||No. Transfers-In from other ISAs aren't permitted.|
|Mortgage offset:||Yes. Remember, if you offset your savings account against your mortgage, you won't earn any interest on your account.|
|Tax-free:||Interest is exempt from Income Tax provided all ISA conditions are met. The level and basis of tax can change ant the value of tax relief depends on your personal circumstances.|
|AER:||Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded once each year.|
|Interest rate:||Variable. Interest is paid on the first working day of each month. When you top up, Transfer-In or Transfer-Out or make a withdrawal, you may move between an interest tier and the new interest will be calculated from the next working day.|
Towards the end of the year Loyalty Reward ISA will move to Instant Cash ISA – Issue 1 and the interest rate you earn will either increase or decrease accordingly. You can find out the current interest rates on Instant Cash ISA – Issue 1 here. If you hold this ISA, we will be writing to you soon with more information.
These additional terms and conditions supplement and amend the general conditions of your Customer Agreement with us (Barclays Bank PLC).
Read important information about our interest rates, the Financial Services Compensation Scheme and your cancellation rights.