2 Year Fixed Rate Cash ISA

It's easy.

You can open a 2 Year Fixed Rate Cash ISA by calling into any branch or you can download the application form and send it in with a cheque to:

Norwich and Peterborough Building Society
Postal Investments Unit
FREEPOST PE 104
Peterborough
PE2 6BR

You can then make your payment of £5,640 by paying into your account in any branch or sending cheques to the address above.

Remember - when you pay a cheque into your account, don't make the cheque out simply to N&P. You should include details about the account or the person you're paying the money to. It's also important to draw a line through the unused space on the cheque so that extra information or numbers can't be added afterwards.

Before you apply, please ensure you read the terms and conditions of the 2 year fixed rate cash ISA.

To meet the Government’s Stakeholder standards a Cash ISA must allow you to put in or take out as little as £10 with no more than 7 days’ notice. There must be no charges, easy access and an interest rate no lower than 1% below Bank Base Rate.

Our Stakeholder Cash ISA and Gold Cash ISA meet these standards.

Our Fixed Rate Cash ISAs do not meet these standards because they have a higher minimum investment, the interest rate is not linked in any way to Bank Base Rate and instant access is allowed subject to a loss of interest on the amount withdrawn, or transferred, or on the closing balance.

This is a share account, which makes you a member of the Yorkshire Building Society group of which N&P is a trading name. This means you can join Yorkshire Building Society’s general meetings and you have a vote on what’s decided at them as set out in the Rules of the Society.

Sorry, but we're not able to provide that facility for this account at present.

The tax benefits of a 2 Year Fixed Rate Cash ISA only apply to an individual person.

Any money you take out from your 2 Year Fixed Rate Cash ISA will lose the equivalent of 180 days' interest.

Cheques paid into an account paying a variable rate of interest will earn interest from the second working day after the day we receive them. Cheques paid into an account paying a fixed rate of interest will earn interest from the day we receive them.

Money paid into your account in cash or by Bankers’ Automated Credit will earn interest from the day we receive it. Interest is then paid for each full day your money is invested, and will be added to your account on 6th April each year (unless otherwise stated).

Your money will earn interest up to, but excluding, the day you withdraw it.

You can with N&P.

Our online system is extremely robust. It is constantly checked by both internal and external experts. Advanced encryption technology scrambles all sensitive data to provide total confidentiality.

You are given a unique customer number and a 10-character password. When you use the service for the first time you might want to change this password for one that's more easily remembered - but don't write it down or make it too obvious, so that someone else could guess it.

Yes you can, subject to you being 16 years old or over.

Online you are able to:

• View up-to-the-minute balances on all your N&P savings and current accounts whenever you like. 
• Check all payments and withdrawals on your account (where withdrawals are allowed).
• Set up and cancel payments (subject to these services being available on your specific account). 
• Transfer funds between your N&P accounts (subject to this service being available on your specific account).
• Send and receive messages regarding your accounts.

To manage your account online you'll need to register for our online banking facility, you can apply online by clicking here.

The maximum amount you can withdraw online is £10,000 per day (subject to account balance and account terms).

Now and again, when carrying out online maintenance, we may have to suspend certain facilities temporarily, so if you find our online service unavailable, please be patient, and do try again later.

For more information on our Internet Banking Service please visit our Internet Banking Section.

Just tell us.

We make it our aim to do the best we can for all our customers. If within 14 day's (7 day's for all Fixed Rate Bond products) you decide that this account is not for you, we will be happy to transfer your money to another N&P account.

Or if you prefer, we will return your money to you without any charge being made, or notice being required.

The N&P variable rate Cash ISA will apply from maturity.