If you want to invest your money in a tax-efficient and ethical way, our Foundations Cash ISA could be for you. Our Foundations Cash ISA offers a competitive interest rate, no notice and a regular savings option.

The Foundations cash ISA is only available to individuals who were members of the Society on 7 June 2013 (and have not ceased being members since this date).

We pride ourselves in treating all members fairly and providing a personal and friendly service. We'll keep you posted on the projects we're funding and new developments in the green building community, and as a member you'll get a say in how we're run.

Best of all, you get the reassurance of knowing that your money is invested only in projects and properties that work for the good of people and the planet.

Who is it for?

How to apply

The Foundations Cash ISA is open to people aged 16 or over who are resident in the UK for tax purposes. If you invest in this cash ISA, you must not invest in another cash ISA in the same tax year.

The Foundations cash ISA is only available to individuals who were members of the Society on 7 June 2013 (and have not ceased being members since this date).

You can find out more by downloading our Foundations Cash ISA leaflet.

If you've got any questions about whether you can open an account with us, please contact us – we'll be happy to help.

Key features

How to apply

Key features

  • Current interest rate 1.50% AER/Gross pa
  • Tax free - cash ISAs are exempt from income tax
  • Open an account with a minimum of £25
  • Cash ISA investment limit of £15,000 from 1 July 2014 to 5 April 2015
  • No notice is required for withdrawals
  • Operation by first class freepost or, subject to special terms and conditions, online
  • Individual customer service from our head office
  • Your money is only used to support properties and projects that benefit the environment

In more detail

How to apply

How much can I save?

The minimum amount to open a Foundations cash ISA is £25. The ISA investment limit for the 2014/2015 tax year is £15,000. You can split the £15,000 allowance between a cash ISA and a stocks and shares ISA as you choose.

You can find out more by downloading our Foundations cash ISA leaflet.

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How is interest paid?

We calculate interest on a daily basis and credit it to your account on 5 April each year. The interest rate paid applies to the entire balance in your account and we pay interest on all balances, however low.

You can find out more by downloading our Foundations Cash ISA leaflet.

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How can I pay in money?

You can pay in money by sending a cheque in the post or transferring money via the banking system. We also offer a monthly savings option by direct debit or standing order (minimum £25 per month).

You can find out more by downloading our Foundations Cash ISA leaflet.

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Can I transfer my ISA from another provider?

At present we do not accept ISA transfers from other providers.

You can find out more by downloading our Foundations Cash ISA leaflet or by contacting us.

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How can I access my money?

You can withdraw your money without notice and penalty-free by sending a withdrawal notification form or a signed letter. The minimum withdrawal amount is £25.

You can find out more by downloading our Foundations Cash ISA leaflet.

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How will you keep me informed about my savings?

We'll send you an annual statement every April, as well as a regular newsletter highlighting some of the projects your money supports. You can also view your savings account at any time using our Interactive service.

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Are there any risk factors?

The interest paid is variable and may decrease. If your circumstances change and you no longer qualify for an ISA, or if the government changes or withdraws the ISA scheme, the favourable tax treatment of the ISA may end.

You can find out more by downloading our Foundations Cash ISA leaflet.

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Does this account give me voting rights in Ecology?

Yes - if you are an individual aged 18 or over on the date of voting, and your account balance at the end of the previous financial year (or other dates as specified in the Rules) was not less than £100, you will be able to vote as specified in our Rules.

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How we use your money

How to apply

Save with us and you're helping to support sustainable development across the UK. The projects and properties we fund benefit the environment and local communities - whether it's an ecological new build, bringing a disused property back into use, or supporting a community enterprise.

We're proud to have supported over 2,000 projects since we started in 1981. Here's just one example of how we've helped:

Wild Peak’s story: co-operative living

Having previously been based in Matlock, Derbyshire, the members of…

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The co-operative are carrying out a programme of tree planting on the land to provide a sustainable source of fuel for the boiler.

Wild Peak Housing Co-op

How to apply

Need help with the terms used on this page? See our glossary