e-ISA is a tax-free Cash ISA available to you online. From checking your balance to tracking interest returns, you're in complete control 24 hours a day.
The Financial Services Authority is the independent financial services regulator. It requires us, Yorkshire Building Society, to give you this important information to help you decide whether our e-ISA account is right for you. You should read this document carefully so that you understand what you are buying, and then keep it safe for future reference.
The product terms should be read with the 
Online General Terms and Conditions booklet (General Terms). Together the Product Terms and General Terms explain how your account works.
It is important that you read all the terms applicable before you decide whether to open this account. Terms 10, 11 & 14 of the General Terms explain the circumstances in which we may change the interest rates, terms and conditions and charges relating to your account, and how we will tell you about the changes. Section 2 of the General Terms also sets out additional terms for Cash ISA savers.
To open an e-ISA, you must be aged 16 or over and both resident and ordinarily resident in the UK for tax purposes, or a qualifying Crown employee or married to, or in a civil partnership with, a qualifying Crown employee. Accounts can only be held in your sole name.
Interest is calculated daily based on the balance in your account, and will be added to your balance on 31 March each year and on closure. Interest will be paid free from tax unless you have breached HM Revenue & Customs rules.
The HM Revenue & Customs rules allow you to transfer from one ISA provider to another. If you wish to transfer savings held in a Cash ISA elsewhere to your e-ISA, please complete a transfer request form including your e-ISA account number, and send it to your existing ISA provider.
Please note: If you have already subscribed to another Cash ISA in the current tax year, please do not send an initial deposit with your completed application form.
You will be able to check your balance and interest rate and view statements showing transactions on your account whenever you wish. Whenever we change the rate of interest applying to e-ISA, we will inform you by e-mail within 30 days of the change. It is important that you let us know if your e-mail address changes.
You can change your contact details (postal address, email and telephone) when you are logged in. To change your name you will need to write, enclosing proof of the change, to Savings Service, Yorkshire Building Society, Yorkshire House, Bradford, West Yorkshire, BD5 8LJ.
Whilst e-ISA offers many attractive features it is not based on the stakeholder minimum standards.
If you open an e-ISA account and subsequently change your mind up to 14 days after the date the account is opened, we will close your account and repay your deposit, plus any interest you have earned. You will then be able to save in another Cash ISA in that tax year.
If at any time you're not satisfied with the service you've received, please let us know. We have a simple process enabling you to do this, the details of which are in our leaflet 'We're here to help you - our complaints process', which can be downloaded from this site, obtained at any of our branches or requested by calling us on 0845 1200 300.
If we cannot come to a resolution to your satisfaction, you may have the right to refer the matter to the Financial Ombudsman Service, of which we are a member.
Yorkshire Building Society is a participant in the Financial Services Compensation Scheme. Read more on how this affects you.
Read and download the General Terms and Conditions for this account
| Account Name | e-ISA |
|---|---|
| Interest rates (AERs) | Variable tiered rate paid annually, view interest rate AER guaranteed to be no more than 1% below Bank of England base rate |
| Tax Status | |
| Conditions for bonus payment | N/A |
| Withdrawal arrangements | Unlimited withdrawals, subject to daily withdrawal limits |
| Access | Online |
Whether you can benefit from gross, net or tax free interest is dependent on your own personal circumstances and tax status and so may be subject to change in the future.
| Balance (£) | Tax-free rate
Tax-free means that interest is not subject to income tax. |
AER
AER stands for Annual Equivalent Rate and shows you what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time. |
|---|---|---|
| 10+ | 1.90% | 1.90% |
| 10,000 - 19,999 | 2.10% | 2.10% |
| 20,000+ | 2.25% | 2.25% |
| Balance (£) | Tax-free rate
Tax-free means that interest is not subject to income tax. |
AER
AER stands for Annual Equivalent Rate and shows you what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time. |
|---|---|---|
| 10+ | 2.30% | 2.30% |
| 10,000 - 19,999 | 2.50% | 2.50% |
| 20,000+ | 2.75% | 2.75% |
Interest rates are variable. All rates shown are per annum.
Gross rate p.a.
Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration.
Net rate p.a.
Interest rate payable after the deduction of income tax, at the lower rate of 20%.
AER
AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.
Our e-ISA account offers you easy online access 24 hours a day. e-ISA is an Internet-only account and can only be opened and managed online.
First complete an online application, once this has been completed you will be given the option to transfer an existing cash ISA.
If you want to do this, fill out the ISA Transfer Instruction Form and send the bottom section to your current provider and the top section to us.
Your current provider has 30 days from receiving the request to send your funds by cheque to us. On receiving the cheque we will add the funds to your new e-ISA account and will write to you to confirm the transfer has taken place.
General Terms before applying online.
Please note that for security reasons, online withdrawals are not available for the first 7 days after your account has been opened.
Yorkshire Building Society is one of the largest building societies in the UK. We offer a range of financial products and services including: savings & investment accounts, insurance products, loans, mortgages and more.
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Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).
