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 These accounts are not flexible cash ISAs meaning any amount withdrawn cannot be replaced and will count towards your yearly ISA limit.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 23)

    Interest rate:

    0.65% Tax-free§ p.a./AER variable

    The term is fixed until 01 September 2021

    • Interest paid: Calculated daily and paid on maturity (01 September 2021).
    • Minimum operating balance: £1,000.
    • Maximum operating balance: The maximum you can invest in the 2020/2021 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one 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.

    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
  • Smart ISA

    Interest rate:

    For balances between £5,000 and £24,999.99:

    0.40% Tax-free§ p.a./AER variable


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

    0.50% Tax-free§ p.a./AER variable


    For balances £50,000+:

    0.60% Tax-free§ p.a./AER variable

    • Interest paid: Annually on 31 March.
    • Minimum operating balance: £5,000.
    • Maximum operating balance: The maximum you can invest in the 2020/2021 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one tax year.
    • Withdrawals: Access is limited to 5 withdrawals per calendar year (including account closure), without notice or loss of interest, subject to the minimum balance of £5,000 being maintained. Further withdrawals (including account closure) will be subject to 30 days loss of interest on an equivalent amount to that withdrawn.

    The maximum you can invest in the 2020/2021 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one tax year. 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
  • 1 Year Fixed Rate Cash ISA (Issue 137)

    Interest rate:

    0.50% Tax-free§ p.a./AER fixed

    The term is fixed until 31 August 2021

    • Interest paid: calculated daily and paid on maturity 01 August 2021.
    • Minimum operating balance: £100.
    • Maximum operating balance: The maximum you can invest in the 2020/2021 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one 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 2020/2021 funds or transfer in previous ISA funds’ (including 2020/2021 ISA funds deposited with another provider as long as these are not from an Innovative Finance ISA) up to and including 31 August 2020.

    Full details
  • 2 Year Fixed Rate Cash ISA (Issue 133)

    Interest rate:

    0.60% Tax-free§ p.a./AER fixed

    The term is fixed until 31 August 2022

    • Interest paid: calculated daily and paid annually on 31 August (commencing 31 August 2021) and on maturity (31 August 2022).
    • Minimum operating balance: £100.
    • Maximum operating balance: The maximum you can invest in the 2020/2021 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one 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 2020/2021 funds or transfer in previous ISA funds’ (including 2020/2021 ISA funds deposited with another provider as long as these are not from an Innovative Finance ISA) up to and including 31 August 2020.

    Full details
  • 3 Year Fixed Rate Cash ISA (Issue 94)

    Interest rate:

    0.70% Tax-free§ p.a./AER fixed

    The term is fixed until 3 September 2023

    • Interest paid: calculated daily and paid annually on 3 September (commencing 3 September 2021) and on maturity (3 September 2023).
    • Minimum operating balance: £100.
    • Maximum operating balance: The maximum you can invest in the 2020/2021 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one 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 2020/2021 funds or transfer in previous ISA funds’ (including 2020/2021 ISA funds deposited with another provider as long as these are not from an Innovative Finance ISA) up to and including 31 August 2020.

    Full details
  • 5 Year Fixed Rate Cash ISA (Issue 107)

    Interest rate:

    0.85% Tax-free§ p.a./AER fixed

    The term is fixed until 31 August 2025

    • Interest paid: calculated daily and paid annually on 31 August (commencing 31 August 2021) and on maturity (31 August 2025).
    • Minimum operating balance: £100.
    • Maximum operating balance: The maximum you can invest in the 2020/2021 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one 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 2020/2021 funds or transfer in previous ISA funds’ (including 2020/2021 ISA funds deposited with another provider as long as these are not from an Innovative Finance ISA) up to and including 31 August 2020.

    Full details
  • ISA Saver

    Interest rate:

    0.15% Tax-free§ p.a./AER variable

    • Interest paid: Annually on 05 April
    • Minimum operating balance: £1.
    • Maximum balance: The maximum you can invest in the 2020/2021 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one tax year.
    • Withdrawals: Unlimited withdrawals can be made without notice or loss of interest, subject to the minimum operating balance of £1 being maintained.

    The maximum you can invest in the 2020/2021 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one tax year. 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