2 Year Regular Saver ISA
2 Year Regular Saver ISA (05.04.2024)
1.80% Tax Free*/AER**
Interest is added to the account annually on 5 April.
Can the Society change the interest rate?
The interest rate is fixed until the maturity date on 5 April 2024.
What would the estimated balance be after 12 months based on a £1,000 deposit?
Based on the fixed rate of interest, if you deposited £1,200 into this account, after 12 months you would have £1,211.94.
(This figure is only an estimate, based on £100 per month being deposited on the 1st of each month for 12 months. This figure is for illustrative purposes only and does not take into account your individual circumstances.)
How do I open and manage my account?
To open this account:
If you change your mind:
How do I manage my account:
What happens if I miss a monthly deposit:
Can I withdraw money?
Can I transfer out my ISA to another ISA provider:
If you want to transfer out to a new ISA provider before 5 April 2024, then the withdrawal conditions above will apply to the transfer.
What happens at the end of the fixed rate period:
The final interest will be added to your account on 05 April 2024. We will contact you at least 14 days before this date providing you with details of how to access your maturing funds and continue saving if you wish. This will also include how to transfer to an easy access account, alternative savings product or close your account
This represents the Terms and Conditions for 2 Year Regular Saver ISA (05.04.2024) and should be read in conjunction with the Cash ISA Key Features Document, General Investment Terms & Conditions and our Customer Information booklet.
AER (Annual Equivalent Rate)**
Changes to these terms
Financial Services Compensation Scheme
Retail Banking Conduct of Business
Open your savings
To open a new account, you must be an existing member or a new applicant resident in our local postcode areas IP, NR, CO, CM, CB and PE.
If you’re ready to open your savings account by post you’ll need to do the following:
- Download, read and accept the terms and conditions
- Read and retain the Financial Services Compensation Scheme (FSCS) information sheet
- Read and retain the Privacy Notice
- Print the application form by clicking this link, fully complete and sign it. Then email it to us or pop into branch
We will require proof of your identity to open a new account if you are a new customer. For existing members we may request identification, for example if your records with us are incomplete.
Completed application forms should be posted to Suffolk Building Society, Freehold House, 6-8 The Havens, Ransomes Europark, Ipswich, Suffolk IP3 9SJ.
2 Year Regular Saver ISA Terms and ConditionsDownload
ISA Application FormDownload
FSCS Information SheetDownload
Proof of your identityDownload
Customer Savings Information FAQsDownload
General investment terms & conditionsDownload
Standing order formDownload
INVL67 ISA Key FactsDownload
Savings tariff of chargesDownload
Guidance for people wanting to manage a bank account for someone elseDownload
Cash ISA or Matured CTF Transfer AuthorityDownload