Can I withdraw money?
Yes, you can make three withdrawals during the term of the Wealth 1-Year Flexible Cash ISA – Issue 23. The maximum value per withdrawal on this cash ISA is 10% of your balance at the time the withdrawal is made.
If you need to, you may close the account or transfer out the whole balance before the maturity date. This will result in a charge equivalent to 90 days’ tax-free interest based on the current balance at the time. If there’s insufficient interest (or where you’ve chosen the monthly interest payment frequency option) to cover the charge, we’ll take it from your account, so you may get back less than you deposited. The charge doesn't apply if your account is closed during the cancellation period, or due to death or bankruptcy.
At the end of the 1-year term, the Wealth 1-Year Flexible Cash ISA – Issue 23 will convert into an instant access variable rate cash ISA.
Money withdrawn from your Flexible Cash ISA and put back into the account within the same tax year doesn’t count towards your annual ISA allowance.
Tax status: tax-free. Interest is exempt from UK Income Tax provided all ISA conditions are met.
Our Wealth 1-Year Flexible Cash ISA – Issue 23 is a strictly limited offer and may be withdrawn at any time.
This account can't be offset against a mortgage loan we've made to you.