St. James’s Place Bank savings facilities pay attractive rates of interest together with easy access to your money with no notice required and no charges on withdrawals.
Cash ISA conditions have changed from 6th April 2018 with new regulations providing more choice to a surviving spouse or civil partner following the death of an ISA customer. For more information, view our Bereavement guide (PDF, 579.3kb)
- You will have easy access to your money, with no notice required for withdrawal, no matter how large the amount;
- There are no charges for withdrawals or closing your savings facility;
- We will pay your interest Gross, this means that we will not deduct tax automatically from your interest. Dependent on your personal circumstances tax may be due on the interest and it is your responsibility to disclose and pay any tax due directly to HMRC;
If you are an existing St. James's Place Bank mortgage client you can link your borrowings with your savings facilities.
Tax-free is the contractual rate of interest payable where interest is exempt from income tax. Tax treatment depends on your individual circumstances and may change.
(AER) Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year. This allows individuals to compare more easily what return they can expect from their savings over time. As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
Gross rate means that we will not deduct tax automatically from your interest. You are responsible for paying any tax due to HM Revenue and Customs.