Stepping Stone ISA (16-20 year olds)

Summary Box | The summary boxes contain the specific terms and conditions for this account and must be read in conjunction with our ISA Key Facts. Where applicable, this supersedes our General Investment Terms and Conditions. |
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Account name | Stepping Stone ISA |
Interest rate | 3.45% Tax Free***/AER** Interest is added to the account annually on 5 April. |
Can the Society change the interest rate? | The interest rate on this account is variable and the Society may make changes to this rate at any time. We will notify you of any changes in accordance with our General Investment Terms and Conditions. |
What would the estimated balance be after 12 months based on a £1,000 deposit? | If you were to open this account with £1,000 and no further deposits or withdrawals were made, after 12 months you would earn £34.50 in interest. This would result in a total balance of £1,034.50. Please note this is an illustration only and does not reflect your specific circumstances. |
How do I open and manage my account? | To be eligible for this account, you need to: You can open an account: If you change your mind: How do I manage my account: Can I transfer in my ISA from another ISA Manager? |
Can I withdraw money? | • Yes. You can get instant access to your money whenever you need it. |
What happens when I reach 21? | We will contact you 14 days before maturity. We will: |
Additional | *Tax-Free **AER (Annual Equivalent Rate) Changes to these terms Customer complaints We are committed to ensuring all complaints are fully and fairly addressed. If you have a complaint, please let us know and we will do our very best to resolve the problem. A leaflet is available detailing our complaint procedure, which you can request at any time. Financial Services Compensation Scheme |
Savings
Open your savings
account.
Our savings accounts are currently available to open in branch or by post. If you’re looking for more information on how to open your account we’ve put together a helpful guide.
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
- Download the application form by clicking this link. Complete it by typing into the boxes, then print and sign it (handwritten forms are also accepted). You can 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. Read more about proof of your identity by clicking here.
Completed application forms should be posted to Suffolk Building Society, Freehold House, 6-8 The Havens, Ransomes Europark, Ipswich, Suffolk IP3 9SJ.
Savings
Useful downloads.
Stepping Stone ISA – Terms and Conditions
DownloadISA Application Form
DownloadCash ISA or Matured CTF Transfer Authority
DownloadFSCS Information Sheet
DownloadPrivacy Notice
DownloadProof of your identity
DownloadStanding order form
DownloadISA Key Facts
DownloadGeneral Investment Terms & Conditions
DownloadSavings tariff of charges
DownloadGuidance for people wanting to manage a bank account for someone else
DownloadYou and Your Joint Account
Download