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ISA Tax-Free Accounts

Saving is even more rewarding when there’s no tax to pay on the interest you earn. That’s exactly what our Individual Savings Accounts (ISAs) offer. Choose the perfect account for you below and start saving, tax-free.

Rates correct as at 6 Mar 2015

In the event that the balance falls below the minimum operating balance as stated within the relevant product details below, the basic investment rate of interest, which is currently 0.05% Tax-free§ p.a./AER†(variable), shall apply.

  • 1 year Fixed Rate ISA (Issue 69)

    Interest rate:

    1.50% Tax-free§ p.a./AER† (fixed)

    Best for:
    1 year fixed tax-free rate

    • Interest paid: On maturity (2 May 2016)
    • Minimum investment and operating balance: £100
    • Maximum investment: The maximum you can invest for the 2014/2015 tax year is £15,000 and £15,240 for the 2015/2016 tax year, less any amount invested in a Stocks and Shares ISA in the same tax year
    • Rates: fixed for a one year period
    • Further deposits: not permitted in future tax years

    Deposits for the 2014/2015 tax year can be made up to and including 5 April 2015. Deposits for the 2015/2016 tax year can be made from 6 April 2015 up to and including 30 April 2015. After this date the account may be closed for further deposits at any time and without notice at which point you will not be able to invest further funds.

    Full details
  • 2 year Fixed Rate ISA (Issue 64)

    Interest rate:

    1.80% Tax-free§ p.a./AER† (fixed)

    Best for:
    2 year fixed tax-free rate

    • Interest paid: annually on 1 May (commencing 1 May 2016) and on maturity (1 May 2017)
    • Minimum investment and operating balance: £100
    • Maximum investment: The maximum you can invest for the 2014/2015 tax year is £15,000 and £15,240 for the 2015/2016 tax year, less any amount invested in a Stocks and Shares ISA in the same tax year
    • Rates: fixed for a two year period
    • Further deposits: not permitted in future tax years

    Deposits for the 2014/2015 tax year can be made up to and including 5 April 2015. Deposits for the 2015/2016 tax year can be made from 6 April 2015 up to and including 30 April 2015. After this date the account may be closed for further deposits at any time and without notice at which point you will not be able to invest further funds.

    Full details
  • 3 year Fixed Rate ISA (Issue 38) 2014/2015 Tax Year Funds Only

    Interest rate:

    2.00% Tax-free§ p.a./AER† (fixed)

    Best for:
    3 year fixed tax-free rate for funds from the 2014/2015 tax year

    • Interest paid: annually on 30 April (commencing 30 April 2016) and on maturity (30 April 2018)
    • Minimum investment and operating balance: £100
    • Maximum investment: The maximum you can invest into this account is £15,000 for the 2014/2015 tax year, less any amount invested in a Stocks and Shares ISA in the same tax year
    • Rates: fixed for a three year period
    • Further deposits: not permitted in future tax years

    You may transfer in 2014/2015 ISA funds up to and including 5 April 2015. After this date this account will be closed for further deposits at which point you will not be able to invest further funds.

    Full details
  • 5 year Fixed Rate ISA (Issue 44)

    Interest rate:

    2.30% Tax-free§ p.a./AER† (fixed)

    Best for:
    5 year fixed tax-free rate

    • Interest paid: annually on 30 Apr (commencing 30 Apr 2016) and on maturity (30 Apr 2020)
    • Minimum investment and operating balance: £100
    • Maximum investment: The maximum you can invest for the 2014/2015 tax year is £15,000 and £15,240 for the 2015/2016 tax year, less any amount invested in a Stocks and Shares ISA in the same tax year
    • Rates: fixed for a five year period
    • Further deposits: not permitted in future tax years

    Deposits for the 2014/2015 tax year can be made up to and including 5 April 2015. Deposits for the 2015/2016 tax year can be made from 6 April 2015 up to and including 30 April 2015. After this date the account may be closed for further deposits at any time and without notice at which point you will not be able to invest further funds.

    Full details
  • E-ISA

    Interest rate:

    1.25% Tax-free§ p.a./AER† (variable)

    Best for:
    Online
    Immediate access

    • Interest paid: annually on 31 Oct (commencing 31 Oct 2015)
    • Minimum investment and operating balance: £1
    • Maximum investment: you can invest up to a maximum of £15,000 in the 2014/15 tax year (subject to any stocks and shares ISA investments you have made for the 2014/2015 tax year)
    • Withdrawals: unlimited withdrawals can be made to your Nominated Accounts (as defined in the Online Conditions) subject to the minimum balance of £1 being maintained. Cash and cheque transactions are not permitted
    • Further deposits: may be made up to the applicable cash ISA investment limit in any tax year and you may transfer in previous years investments whilst the product remains open
    • Deposits for the 2014/2015 tax year may be closed for further investment upon a minimum of 30 days written notice, after this the account will be closed for further investments and you will not be able to invest further funds.
    • Open and operate online only
    • See below for important information about how our online accounts operate
    Full details
  • Everyday ISA

    Interest rate:

    1.25% Tax-free§ p.a./AER† (variable)

    Best for:
    Immediate access

    • Interest paid: annually on 31 Oct (commencing 31 Oct 2015)
    • Minimum investment and operating balance: £1
    • Maximum investment: you can invest up to a maximum of £15,000 in the 2014/15 tax year (subject to any stocks and shares ISA investments you have made for the 2014/2015 tax year)
    • Withdrawals: Unlimited withdrawals can be made without notice or loss of interest
    • Further deposits: may be made up to the applicable cash ISA investment limit in any tax year and you may transfer in previous years investments whilst the product remains open

    Deposits for the 2014/2015 tax year may be closed for further investment upon a minimum of 30 days written notice, after this the account will be closed for further investments and you will not be able to invest further funds.

    Full details

Important information about our online facilities

  • Withdrawals to your Nominated Accounts made before 8pm on a working day will be available to the payee on the next working day.
  • When money is paid into your account, provided the payment is received by us between 7am and 7pm, you will be able to withdraw the funds that day.
  • These are online accounts and can only be opened and operated online.
  • The Society’s online savings service will be unavailable each day for 1 hour between 12 midnight and 1am while our systems update.