Includes a 2.54% AER variable underlying rate and a bonus rate of 1.86% for 12 months
Why we like it
Transfer in any ISAs you hold with other providers. Interest rates drop if more than three withdrawals per year. Rate when you transfer in your existing ISA - 2.54% AER (variable). Rate for each 12-month period after your first 3 months -2.54% AER (variable). Rate when balance drops below £100 or after your fourth annual withdrawal - 2.54% AER (variable). Covered by FSCS
New deposits between £1 and £20,000. ISA transfers in also allowed. Open and manage online or on mobile banking app. FSCS Protected. After 12 months, your account will switch to an Instant Access Cash ISA and receive the standard variable rate. Withdrawals permitted subject to 90 days lost interest
Ford Money now offer a range of financial products that can help you achieve your savings goals.
Features of the Ford 1 Year Cash ISA
The 1 Year Cash ISA with Ford Money allows you to get the most out of your savings by utilising the tax-free benefits of an ISA.
If you choose to open a 1 Year Cash ISA with Ford Money then you will receive competitive tax-free interest for 12 months. Find our savings rates table above for the latest interest rates.
Ford Money’s 1 Year Cash ISA has both the advantages of an ISA and some of the flexibility of an instant cash savings account. With Ford Money’s Cash ISA you can make as many withdrawals as you need from the account, and as long as you reimburse the money within the 12 month period it will not count towards your annual ISA allowance.
If you wish to open a 1 Year Cash ISA with Ford Money you must make a £1 deposit within the first 14 days. It is important to note that the minimum balance for a 1 Year Cash ISA account is £1 and the maximum balance is £2m.
How Can I Access The Ford 1 Year Cash ISA
Ford Money are committed to providing a simple, straightforward and efficient service for their customers. To access Ford Money’s 1 Year Cash ISA account you can open up an account online in under 10 minutes. Alternatively, you can open an account through Ford Money’s UK-based call centre, which is open 24 hours a day 7 days a week.
