Cash ISAs

Why should you consider a cash ISA (Individual Savings Account)?

  • There's no tax to pay on the interest you earn
  • That means savings are free from UK Income Tax
  • An ISA doesn't count towards your Personal Savings Allowance
  • You can save between £1 and £20,000 this tax year
  • Easy to apply and manage, either in-branch, online or by post
  • All our ISAs allow transfers in of funds from previous tax years

Interested? Then take a look at our range of tax-free ISAs to see which one works best for you. You can find even more information in ISAs explained.



In the event that the balance falls below the minimum operating balance as stated within the relevant product details below, the rate of interest which shall apply is currently 0.05% Tax-Free§ p.a/AER (variable). These accounts are not flexible cash ISAs meaning any amount withdrawn cannot be replaced and will count towards your yearly ISA limit.



  • Limited Issue Online Access Cash ISA (Issue 19)

    Interest Rate:

    0.75% Tax-free§ p.a./AER variable

    The term is fixed until 03 May 2021

    • Interest paid: Calculated daily and paid on maturity (03 May 2021).
    • Minimum operating balance: £1,000.
    • Maximum operating balance: Deposit up to £20,000 in the 2019/2020 tax year less any amount you have already subscribed in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year. From 6 April 2020 the maximum you can deposit in the 2020/2021 tax year is £20,000 less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA and/or Lifetime ISA in the same tax year. You must not exceed ISA limits in any tax year.
    • Withdrawals: Unlimited withdrawals can be made to your Nominated Accounts (as defined in the General Conditions) without notice or loss of interest, subject to the minimum balance of £1,000 being maintained.

    This account is limited issue. Once opened, you can deposit 2019/2020 funds or transfer in previous ISA funds’ (including 2019/2020 ISA funds deposited with another provider as long as these are not from an Innovative Finance ISA) up to and including 5 April 2020. After this date, for the 2020/2021 tax year you can transfer in previous ISA investments (including 2020/2021 ISA funds deposited with another institution), provided these are not from an Innovative Finance ISA or deposit new 2020/2021 funds. After this date the account may be closed for further deposits at any time on a minimum of 30 days’ written notice, after which you will not be able to deposit further funds.

    Full details
  • 1 Year Fixed Rate Cash ISA (Issue 132)

    Interest Rate:

    0.75% Tax-free§ p.a./AER (fixed)

    The term is fixed until 03 May 2021

    • Interest paid: calculated daily and paid on maturity 03 May 2021.
    • Minimum operating balance: £100.
    • Maximum operating balance: Deposit up to £20,000 in the 2019/2020 tax year less any amount you have already subscribed in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year. From 6 April 2020 the maximum you can deposit in the 2020/2021 tax year is £20,000 less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA and/or Lifetime ISA in the same tax year. You must not exceed ISA limits in any tax year.
    • Withdrawals: Withdrawals/transfers are permitted, although they will be subject to 60 days' loss of interest on an amount equivalent to that withdrawn/transferred. This means you might get back less than you originally deposited.

    This account is limited issue. Once opened, you can deposit 2019/2020 funds or transfer in previous ISA funds’ (including 2019/2020 ISA funds deposited with another provider) as long as these are not from an Innovative Finance ISA up to and including 5 April 2020. After this date, for the 2020/2021 tax year you can transfer in previous ISA funds (including 2020/2021 ISA funds deposited with another institution), provided these are not from an Innovative Finance ISA or deposit new 2020/2021 funds up to and including 30 April 2020.

    Full details
  • 2 Year Fixed Rate Cash ISA (Issue 127)

    Interest Rate:

    0.85% Tax-free§ p.a./AER (fixed)

    The term is fixed until 02 May 2022

    • Interest paid: calculated daily and paid annually on 02 May (commencing 02 May 2021) and on maturity (02 May 2022).
    • Minimum operating balance: £100.
    • Maximum operating balance: Deposit up to £20,000 in the 2019/2020 tax year less any amount you have already subscribed in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year. From 6 April 2020 the maximum you can deposit in the 2020/2021 tax year is £20,000 less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA and/or Lifetime ISA in the same tax year. You must not exceed ISA limits in any tax year.
    • Withdrawals: Withdrawals/transfers are permitted, although they will be subject to 150 days' loss of interest on an amount equivalent to that withdrawn/transferred. This means you might get back less than you originally deposited.

    This account is limited issue. Once opened, you can deposit 2019/2020 funds or transfer in previous ISA funds’ (including 2019/2020 ISA funds deposited with another provider) as long as these are not from an Innovative Finance ISA up to and including 5 April 2020. After this date, for the 2020/2021 tax year you can transfer in previous ISA funds (including 2020/2021 ISA funds deposited with another institution), provided these are not from an Innovative Finance ISA or deposit new 2020/2021 funds up to and including 30 April 2020.

    Full details
  • 3 Year Fixed Rate Cash ISA (Issue 89)

    Interest rate:

    0.95% Tax-free§ p.a./AER (fixed)

    The term is fixed until 01 May 2023

    • Interest paid: calculated daily and paid annually on 01 May (commencing 01 May 2021) and on maturity (01 May 2023).
    • Minimum operating balance: £100.
    • Maximum operating balance: Deposit up to £20,000 in the 2019/2020 tax year less any amount you have already subscribed in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year. From 6 April 2020 the maximum you can deposit in the 2020/2021 tax year is £20,000 less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA and/or Lifetime ISA in the same tax year. You must not exceed ISA limits in any tax year.
    • Withdrawals: Withdrawals/transfers are permitted, although they will be subject to 240 days' loss of interest on an amount equivalent to that withdrawn/transferred. This means you might get back less than you originally deposited.

    This account is limited issue. Once opened, you can deposit 2019/2020 funds or transfer in previous ISA funds’ (including 2019/2020 ISA funds deposited with another provider) as long as these are not from an Innovative Finance ISA up to and including 5 April 2020. After this date, for the 2020/2021 tax year you can transfer in previous ISA funds (including 2020/2021 ISA funds deposited with another institution), provided these are not from an Innovative Finance ISA or deposit new 2020/2021 funds up to and including 30 April 2020.

    Full details
  • 5 Year Fixed Rate Cash ISA (Issue 102)

    Interest rate:

    1.10% Tax-free§ p.a./AER (fixed)

    The term is fixed until 30 April 2025

    • Interest paid: calculated daily and paid annually on 30 April (commencing 30 April 2021) and on maturity (30 April 2025).
    • Minimum operating balance: £100.
    • Maximum operating balance: Deposit up to £20,000 in the 2019/2020 tax year less any amount you have already subscribed in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year. From 6 April 2020 the maximum you can deposit in the 2020/2021 tax year is £20,000 less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA and/or Lifetime ISA in the same tax year. You must not exceed ISA limits in any tax year.
    • Withdrawals: Withdrawals/transfers are permitted, although they will be subject to 365 days' loss of interest on an amount equivalent to that withdrawn/transferred. This means you might get back less than you originally deposited.

    This account is limited issue. Once opened, you can deposit 2019/2020 funds or transfer in previous ISA funds’ (including 2019/2020 ISA funds deposited with another provider) as long as these are not from an Innovative Finance ISA up to and including 5 April 2020. After this date, for the 2020/2021 tax year you can transfer in previous ISA funds (including 2020/2021 ISA funds deposited with another institution), provided these are not from an Innovative Finance ISA or deposit new 2020/2021 funds up to and including 30 April 2020.

    Full details
  • ISA Saver (Issue 3)

    Interest rate:

    0.15% Tax-free§ p.a./AER variable

    • Interest paid: Annually on 31 October
    • Minimum operating balance: £1.
    • Maximum balance: Deposit up to £20,000 in the 2019/2020 tax year (less any amount you have already subscribed in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year).
    • Withdrawals: Unlimited withdrawals can be made, without notice or loss of interest.

    Once opened, you can deposit 2019/2020 funds or transfer in previous ISA funds’ (including 2019/2020 ISA funds deposited with another provider as long as these are not from an Innovative Finance ISA). The account may be closed for further deposits at any time. This will be done on a minimum of 30 days’ written notice, after which you will not be able to deposit further funds.

    Full details