Gatehouse Bank
Who are they?
1 Year Woodland Cash ISA
4.10%
Profit
Fixed
Type
1 year
Term
No
Additional Deposits
£1,000
Minimum
£1,000,000
Maximum
About this savings account
This is a 1 Year Fixed Term Woodland Saver account, operated under Shariah principles. This means that interest cannot be earned, but Gatehouse Bank generate profit instead. This account is also an ISA, so any gains made is tax-free. [Note: There is an ISA limit of £20,000 per tax year]. For this particular account with Gatehouse Bank, you are helping to grow UK woodlands. For every Woodland Saver account opened or renewed, Gatehouse Bank are planting a tree in a UK woodland on your behalf.
Savings account features
Projected profit
after1 year
with
Gatehouse Bank
In the bank
£1,000
(-£0 value loss)
In this account
£0
(+ £0 profit)
Who might this be suitable for?
- You are someone who does not need these funds in the next 1 year
- You are someone that is in a position to only make one initial deposit rather than monthly
- You are someone that prioritises protection of funds through the FSCS
- You are someone who would be earning more than your Personal Savings Allowance this tax year
- and so would require your savings in an ISA
More savings accounts like this
Savings accounts change their rates often, so we can let you know when more options become available.
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