• The minimum initial deposit is £100
• The maximum amount you can deposit is £5,100 this tax year plus any ISA subscriptions from previous tax years held in other ISA accounts. See ISAs explained. This is subject to change, HM Revenue & Customs review this every year and limits may change in the future. The maximum amount applies irrespective of any withdrawals you may make.
• If you deposit money in your Online Fixed Rate ISA in any tax year, you will not be able to deposit money in another Cash ISA in the same tax year.
• Your initial deposit can be made by debit card, transfer from another bank or building society account, or transfer from another account held with the Barnsley (or by cheque if your identity cannot be verified electronically during the application process).
• We do not accept Postal Orders
• Additional deposits (minimum amount £10) can be made by debit card, transfer from another bank or building society account, or transfer from another account held with the Barnsley whilst the issue remains open. Deposits by account transfer from another Barnsley account will start to earn interest on the day they are credited to your account.
• Please note: You can only make deposits to the Online Fixed Rate ISA whilst the issue remains open to new investors. The Online Fixed Rate ISA is a limited issue product, which means it can be withdrawn without notice at any time.
• No withdrawals are permitted from this account. If funds held within the Online Fixed Rate ISA are required, the account must be closed and 90 days loss of interest is incurred on the closing balance.
• If you open an ISA and then change your mind within 14 days, we will close your account and repay your deposit, plus any interest you have earned. This interest will be subject to tax. You can then open another Cash ISA in the same tax year if you wish.
• Closure is allowed by logging on to our website to transfer to your nominated bank or building society account held elsewhere or with us, or by arranging an ISA transfer to another provider. Please note that this will be subject to an amount equivalent amount to 90 days loss of interest on the closing balance.
• Once you have withdrawn money from your Cash ISA, you cannot put it back in during the same tax year. For example, based on a maximum subscription of £5,100, if you invest £500 in your Cash ISA and then withdraw £200, you will only be able to invest a further £4,600, i.e. up to the maximum investment allowance of £5,100. Similarly, if you invest your total Cash ISA allowance and then withdraw some money, you will not be able to put money back in to your Cash ISA in that tax year. If you decide to close your Cash ISA you cannot reinvest in another Cash ISA for the rest of that tax year.

Online Fixed Rate ISA is an internet operated Cash ISA Account offering a fixed tax-free interest rate.

The minimum opening and operating balance is £100. The maximum amount is currently £5,100. New ISA subscriptions are for the 2010/2011 tax year only, plus any ISA subscriptions from previous tax years. You will not be able to deposit in the 2011/2012 and 2012/2013 tax years. Please see ISAs explained.

On maturity your balance will be automatically transferred to an online Instant Access Cash ISA Account (or Internet account). You may have the option to transfer the balance into another fixed rate ISA without the need to re-apply.

Interest is calculated daily based on the balance in your account from the point of investment.

Annual Interest is payable on 31/12/2011. Interest is to be added to the account or transferred to another ISA account.

Interest will be paid free from tax unless you have breached HM Revenue & Customs rules.

The HM Revenue & Customs rules allow you to transfer from one ISA provider to another. If you wish to transfer savings held in a Cash ISA elsewhere to your Online Fixed Rate ISA, please complete a transfer request form including your Online Fixed Rate ISA account number, and send it to your existing ISA provider.

Please note: If you have already subscribed to another Cash ISA in the current tax year, please do not send an initial deposit with your completed application form.

You will be able to check your balance and interest rate and view statements showing transactions on your account whenever you wish. We will advise you of when this product matures, and generally communicate with you, via email. It is very important that you let us know if your e-mail address changes.

You can change your contact details (postal address, email and telephone) when you are logged in. To change your name you will need to write, enclosing proof of the change, to Barnsley Internet Savings, PO Box 216, Bradford, BD5 5BE.

Whilst Online Fixed Rate ISA offers many attractive features it is not based on the stakeholder minimum standards.

If you open an Online Fixed Rate ISA account and subsequently change your mind up to 14 days after the date the account is opened, we will close your account and repay your deposit, plus any interest you have earned. You will then be able to save in another Cash ISA in that tax year.

If at any time you're not satisfied with the service you've received, please let us know. We have a simple process enabling you to do this, the details of which are in our leaflet "We're here to help - our complaints process", which can be downloaded from this site, obtained at any of our branches or requested by calling us on 0845 1200 898.

If we cannot come to a resolution to your satisfaction, you may have the right to refer the matter to the Financial Ombudsman Service, of which we are a member.

If you open an account it will be with Yorkshire Building Society (trading as Barnsley Building Society). Barnsley Building Society is operated under its own brand with its own products and as a trading name of Yorkshire Building Society.

Barnsley Building Society will communicate with you in English.

Yorkshire Building Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000.
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