This ISA is for the additional allowance you've gained because your deceased spouse or civil
partner held ISA savings with us.
How to open
- To open the account you must send the application to us by post
- Order a pack online, on the phone or at any branch
You must be aged 18 or over and a UK resident
You must have been living with your spouse or civil partner at the time of their death.
How to put money in
You'll need to fill in an Additional Allowance ISA paying-in form every time you put money in.
- Pay in cheques by post
- Write to us to arrange a transfer from another Coventry Building Society account. With our Additional Allowance ISA, it's not possible to transfer in any allowance you have from another bank or building society
- All money must be paid in within either three years from the date your spouse or civil partner passed away, or 180 days after administration of the estate is completed, whichever is later. (If your spouse or civil partner died between 3 December 2014 and 5 April 2015, the three years started on 6 April 2015.)
All money paid in is treated as previous years' ISA subscriptions for all ISA purposes
You can't transfer in previous years' ISA savings or any of your personal ISA allowance.
How to manage
- By post
The minimum balance is £1
The amount you can save in your Additional Allowance ISA depends on the date your partner passed away and the amount of ISA savings they held with us.
If you partner passed away between 3 December 2014 and 5 April 2018, the amount you can pay into your Additional Allowance ISA is equal to the amount of ISA savings your partner held with us, plus any interest earned at the date of their death.
If your partner passed away on or after 6 April 2018, the amount you can pay into your Additional Allowance ISA is based on the amount of ISA savings they held with us. This can be the highest amount at either:
- The date of their death, or
- The date their ISAs with us are closed, the date of the administration of their estate is complete or on the third anniversary of their death, whichever is earliest.
Your subscription limit is determined at the time you open your ISA and cannot be changed. Your additional allowance doesn't affect your annual ISA allowance.