Knowledge Base
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| Do I earn interest on my account? | |||||||||
However, we typically pay interest on cash balances of £1 and over that are held within the account. (The amount paid depends on current Bank of England base rates). The rate of interest we may may vary but can be found on our charges page. Under HM Revenues & Customs rules, we must deduct a flat rate charge of 20% from any interest paid on cash held in your ISA. Under HM Revenue & Customs rules, you may only hold cash in your ISA account pending investment within a reasonable timescale [however this timescale is not specified!] |
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