At The Nottingham, we know you want to get the most from your savings. So this year we’re bringing you the opportunity to double your savings power when you invest in a tax-free† ISA.

Cash Extra is a special account which is linked to our Cash ISA. Cash Extra is only available to customers who subscribe to a Cash ISA with The Nottingham in the 2009/10 tax year.

You’ll pay tax on the interest on your Cash Extra account (if you’re a tax-payer), but the after tax rate on the account will match your tax-free Cash ISA rate. So, you can save the same amount in your Cash ISA and your linked account, and earn the same rate on your money.

This is a great opportunity to make your money work harder – you could even use your Cash Extra account to save for next year’s ISA allowance.

Summary Box
Key product information for our Savings Account
Account Name	Cash Extra
Interest rates (AER's)	See below. Interest rates are variable. For up to date interest rates you can log onto our website or call our 24 hour rateline on 0845 795 9666
Tax status	Interest will be paid net of tax unless you have registered to receive it gross.
Conditions for bonus payment	No bonus payable
Withdrawal arrangements	Instant access
Access	Branch

When you open a Cash Extra account with your Cash ISA you can double your ISA savings power. This is because your Cash Extra account:

• Has the same limit on the amount you can invest as your Cash ISA, so you’re effectively doubling your ISA allowance
• Let’s you match every £1 you pay into your ISA, with £1 in your Cash Extra account, and you don’t have to pay this in at the same time
  
• Has after-tax interest rates that match the rate on your Cash ISA – so you get the same rate twice too.

Your Cash Extra account also:

• Gives you instant access to your money whenever you need it
• Let’s you make unlimited withdrawals and deposits as long as you don’t go below the £10 minimum, exceed the maximum or pay in more than you have paid into your Cash ISA in the 2009/10 tax year.

Your Cash ISA interest will be tax-free however, you will pay tax on the interest on your Cash Extra account (if you are a tax-payer).

We’ll pay your interest straight into your Cash Extra account on 5 April 2010, and we’ll send you a statement in April 2010 telling you how much interest you’ve earned. We’ll also tell you the rates that have applied to your account over the last year and the current rate of interest. You can get up-to-the-minute rate information 24 hours a day by calling our rateline on 0845 795 9666 or visiting our website.

* AER stands for Annual Equivalent Rate. It shows what the interest rate would be if the interest was reinvested in the account each year.

** From 6 October 2009, the ISA subscription limit will increase to £10,200 for anyone eligible to invest in an ISA who was born on or before 5 April 1960 (i.e. who will be aged 50 or over during the current tax year). Up to £5,100 of the new ISA allowance can be saved in a cash ISA with one provider. The remainder of the £10,200 can be invested in a stocks and shares ISA with either the same or another provider. Alternatively, the full £10,200 can be invested in a stocks and shares ISA with one provider. These higher limits will apply to all eligible ISA investors with effect from 6 April 2010.

+ Interest is paid free of UK Income and Capital Gains tax. The tax treatment of ISAs may change.

Interest rates are variable.