• A competitive Cash ISA rate
• Earn 2.62% AER including variable rate and fixed rate bonus
• Transfers of existing Cash ISAs welcome
• View your savings and investments in one account
• Available to UK residents aged 18 or over
• Subscribe up to £5,640 in the current tax year

Interest (effective from 3rd December 2011)
Balance	Tax free rate	AER	Tax free rate including bonus	AER including bonus
£1+	0.90%	0.90%	2.61%	2.62%

The total interest you will earn on the Cash ISA consists of a variable rate element and a fixed rate bonus. Variable rate interest is paid monthly on the first working day of the month. This element of the interest rate may move up or down.

The fixed rate bonus is 1.71% tax free and is paid annually. The bonus applies to cash balances held over a period of 12 months. This period starts on the date that cleared funds from the first deposit are applied to the Cash ISA. At the end of the bonus period, the variable rate without bonus will apply.

The first bonus payment date is 16 April 2012, when bonuses accrued from the initial deposit date to 5 April 2012 will be credited. The second bonus payment date will be 16 April 2013 when the remaining bonus amount will be credited.

Bonus example

Please note we may withdraw the Selftrade Cash ISA Issue 1 or withdraw or change the bonus offer at anytime, without notice. This would only apply to new accounts opened from that time.

Explanation of terms

Tax free is the contractual rate of interest payable where interest is exempt from income tax. Tax rules may change and the value of tax relief depends on the circumstances of the individual.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. 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.