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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 acount for you below and start saving, tax-free.

Rates correct as at 10 Feb 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.

  • 18 Month Fixed Rate ISA (Issue 4)

    Interest rate:

    1.65% Tax-free§ p.a.

    1.64% AER† (fixed)

    Best for:
    18 Month fixed tax-free rate

    • Interest paid: On maturity (31 Aug 2016)
    • Minimum investment and operating balance: £100
    • 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)
    • Rates: fixed for a 18 month period
    • Further deposits: not permitted in future tax years

    Deposits for the 2014/2015 tax year can be made up to and including 31 March 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
  • 1 year Fixed Rate ISA (Issue 68)

    Interest rate:

    1.30% Tax-free§ p.a./AER† (fixed)

    Best for:
    1 year fixed tax-free rate

    • Interest paid: On maturity (31 Mar 2016)
    • Minimum investment and operating balance: £100
    • 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)
    • 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 31 March 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 63)

    Interest rate:

    1.80% Tax-free§ p.a./AER† (fixed)

    Best for:
    2 year fixed tax-free rate

    • Interest paid: annually on 02 April (commencing 02 April 2016) and on maturity (02 April 2017)
    • Minimum investment and operating balance: £100
    • 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)
    • 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 31 March 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
  • 5 year Fixed Rate ISA (Issue 43)

    Interest rate:

    2.10% Tax-free§ p.a./AER† (fixed)

    Best for:
    5 year fixed tax-free rate

    • Interest paid: annually on 31 Mar (commencing 31 Mar 2016) and on maturity (31 Mar 2020)
    • Minimum investment and operating balance: £100
    • 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)
    • 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 31 March 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
  • Access ISA

    Interest rate:

    0.75% Tax-free§ p.a./AER† (variable)

    Best for:
    Immediate access

    • Interest paid: annually on 31 May (commencing 31 May 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
    Full details
  • Web ISA

    Interest rate:

    0.75% Tax-free§ p.a./AER† (variable)

    Best for:
    Simple online tax-free account

    • Interest paid: annually on 31 May (commencing 31 May 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
    • Open and operate online only
    • See below for important information about how our online accounts operate
    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.