Cash ISAs

It's time to think about a cash ISA

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

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. These accounts are not Flexible Cash ISAs meaning any amount withdrawn cannot be replaced and will count towards your yearly ISA limit. 

 

  • 1 Year Fixed Rate ISA (Issue 93)

    Interest Rate:

    1.01% Tax-free§ p.a./AER (fixed)

    • Interest paid: on maturity (30 April 2018).
    • Minimum investment & operating balance: £100.
    • Maximum investment: The maximum you can invest in the 2016/17 tax year is £15,240 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA in the same year). From 06 April 2017 the maximum you can invest in the 2017/18 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA in the same tax year).
    • Withdrawals: Withdrawals/transfers of your capital investment prior to maturity (30 April 2018) are permitted, although they will be subject to 60 days' loss of interest or an equivalent amount on the amount withdrawn/transferred.
    • Rates: fixed for a 1 year period.
    • Further deposits: not permitted in future tax years.

    This account is limited issue. Once the account is open, for the 2016/17 tax year you can transfer in previous ISA investments (including 2016/17 ISA funds deposited with another institution) provided these are not from an Innovative Finance ISA or deposit new 2016/17 funds up to and including 05 April 2017. From 06 April 2017, deposits can be made in respect of the 2017/18 tax year up to and including 12 May 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 2 Year Fixed Rate ISA (Issue 88)

    Interest Rate:

    1.15% Tax-free§ p.a./AER (fixed)

    • Interest paid: annually on 30 Apr (commencing 30 Apr 2018) and on maturity (30 Apr 2019).
    • Minimum investment & operating balance: £100.
    • Maximum investment: The maximum you can invest in the 2016/17 tax year is £15,240 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA in the same tax year). From 06 April 2017, the maximum you can invest in the 2017/18 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA in the same tax year).
    • Withdrawals: withdrawals/transfers of your capital investment prior to maturity (30 Apr 2019) are permitted, although they will be subject to 150 days' loss of interest or an equivalent amount on the amount withdrawn/transferred.
    • Rates: fixed for a 2 year period.
    • Further deposits: not permitted in future tax years.

    This account is limited issue. Once the account is open, for the 2016/17 tax year you can transfer in previous ISA investments (including 2016/17 ISA funds deposited with another institution), provided these are not from an Innovative Finance ISA or deposit new 2016/17 funds up to and including 05 April 2017. From 06 April 2017, deposits can be made in respect of the 2017/18 tax year up to and including 12 May 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 3 Year Fixed Rate Cash ISA (Issue 49)

    Interest rate:

    1.20% Tax-free§ p.a./AER (fixed)

    • Interest paid: annually on 30 Apr (commencing 30 Apr 2018) and on maturity (30 Apr 2020).
    • Minimum investment & operating balance: £100.
    • Maximum investment: The maximum you can invest in the 2016/17 tax year is £15,240 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA in the same tax year). From 06 April 2017 the maximum you can invest in the 2017/18 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA in the same tax year).
    • Withdrawals: withdrawals/transfers of your capital investment prior to maturity (30 Apr 2020) are permitted, although they will be subject to 240 days' loss of interest or an equivalent amount on the amount withdrawn/transferred.
    • Rates: fixed for a three year period.
    • Further deposits: not permitted in future tax years.

    This account is limited issue. Once the account is open, for the 2016/17 tax year you can transfer in previous ISA investments (including 2016/17 ISA funds deposited with another institution) provided these are not from an Innovative Finance ISA or deposit new 2016/17 funds up to and including 05 April 2017. From 06 April 2017, deposits can be made in respect of the 2017/18 tax year up to and including 12 May 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 5 Year Fixed Rate ISA (Issue 61)

    Interest rate:

    1.60% Tax-free§ p.a./AER (fixed)

    • Interest paid: annually on 03 May (commencing 03 May 2018) and on maturity (03 May 2022).
    • Minimum investment & operating balance: £100.
    • Maximum investment: The maximum you can invest in the 2016/17 tax year is £15,240 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA in the same tax year). From the 06 April 2017 the maximum you can invest in the 2017/18 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA in the same tax year).
    • Withdrawals: Withdrawals/transfers of your capital investment prior to maturity (03 May 2022) are permitted, although they will be subject to 365 days' loss of interest or an equivalent amount on the amount withdrawn/transferred.
    • Rates: fixed for a five year period.
    • Further deposits: not permitted in future tax years.

    This account is limited issue. Once the account is open, for the 2016/17 tax year you can transfer in previous ISA investments (including 2016/17 ISA funds deposited with another institution) provided these are not from an Innovative Finance ISA or deposit new 2016/17 funds up to and including 05 April 2017. From 06 April 2017, deposits can be made in respect of the 2017/18 tax year up to and including 12 May 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • E-ISA (Issue 3)

    Interest rate:

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

    • Interest paid: annually on 30 Sep (commencing 30 Sep 2017).
    • Minimum operating balance: £1
    • Maximum balance: The maximum you can invest for the 2016/2017 tax year is £15,240, less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA in the same 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

    The account may be closed for further investment upon a minimum of 30 days written notice after which you will not be able to invest further funds.

    Full details
  • Access ISA (Issue 2)

    0.50% Tax-free§ p.a./AER† (variable)

    • Interest paid: annually on 30 Sep (commencing 30 Sep 2017)
    • Minimum operating balance: £1
    • Maximum balance: The maximum you can invest for the 2016/ 2017 tax year is £15,240, less any amount invested in a Stocks and Shares ISA and/ or an Innovative Finance ISA in the same tax year
    • Withdrawals: unlimited withdrawals can be made without notice or loss of interest

    The account may be closed for further investment upon a minimum of 30 days' written notice.

    Full details
  • Rainy Day ISA (Issue 3)

    For balances between £10,000 and £24,999.99:

    0.80% Tax-free§ p.a./AER(variable)

    For balances between £25,000 and £49,999.99:

    0.85% Tax-free§ p.a./AER(variable)

    For balances between £50,000 and £250,000:

    0.90% Tax-free§ p.a./AER(variable)

    The maximum balance is £250,000 including 2016/2017 ISA funds, previous year ISA funds and accrued interest. If the balance exceeds £250,000 including accrued interest the interest rate that shall apply to the whole balance will be 0.40% Tax-free§p.a/AER (variable).

    The maximum you can invest for the 2016/2017 tax year is £15,240 (less any amount invested in a Stocks and Shares ISA and/or an Innovative ISA in the same tax year).

    • Interest paid: annually 30 Nov (commencing 30 Nov 2017)
    • Minimum operating balance: £10,000
    • Maximum balance: £250,000

    The account may be closed for further investment upon a minimum of 30 days written notice after which you will not be able to invest further funds. The maximum for 2016/2017 tax year deposits is £15,240 and the maximum account balance is £250,000 including accrued interest

    Full details

Important information about our E-ISA account:

  • 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.
  • The Society’s online savings service will be unavailable each day for 1 hour between 12 midnight and 1am while our systems update.