Why save in a cash ISA?
The tax-free way to saveAlready have an ISA?
Instant Access ISA
Our Instant Access ISA gives you immediate access to your money.
You can also save the way you want – either as a lump sum, as a standing order or simply pay in whenever you choose to.
The interest rate on your savings is variable, which means the rate can go up as well as down.
AER/Tax-free p. a. (variable)
Interest is calculated daily and paid into your account annually on the first business day in April.
Fixed Rate ISA
If you have a minimum deposit of £1,000, and you’re happy to leave your money untouched for a while, a Fixed Rate ISA might be better for you.
This type of cash ISA offers a fixed rate of interest for either one or two years.
The longer the term you choose, the higher the interest rate will be.
Application deadline 12th December 2016 – this is a limited offer and may be withdrawn at any time
|Transfer in||Term||Minimum Balance||AER/Tax-free p.a. (fixed)|
|✓||1 Year||£1,000 - £24,999||0.50%|
|✓||1 Year||£25,000 +||0.55%|
|✓||2 Years||£1,000 - £24,999||0.60%|
|✓||2 Years||£25,000 +||0.65%|
Interest is calculated daily and paid into your account annually on the first business day in April and on maturity. The Fixed Rate ISA start date is 9th January 2017. Up until the start date interest will be paid at the same interest rate as during your term. Partial withdrawals are not permitted. Early closure will result in an early closure charge.
Key ISA Definitions
Annual Equivalent Rate (AER) – this is a notional rate used for interest bearing accounts, which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts.
Tax-free interest means interest payable is exempt from UK income tax.
Cash ISAs are Tax-free savings accounts that can help you reach your savings goals more quickly.
You can save up to £15,240 in the 2016/2017 tax year up to 5th April 2017.
To help you make the most of your cash ISA allowance, we have two easy to open ISAs.