Cash ISAs

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 These accounts are not Flexible Cash ISAs meaning any amount withdrawn cannot be replaced and will count towards your yearly ISA limit.

 

  • E-ISA (Issue 4)

    Interest rate:

    0.60% Tax-free§ p.a./AER (variable)

    • Interest paid: annually on 30 September (commencing 30 September 2018).
    • Minimum operating balance: £1
    • Maximum balance: The maximum balance 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 and/or Lifetime 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
    • Important information about our E-ISA:

      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.

    The account may be closed for further deposits upon 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 101)

    Interest Rate:

    1.35% Tax-free§ p.a./AER (fixed)

    • Interest paid: on maturity (31 January 2019).
    • Minimum investment & operating balance: £100.
    • Maximum investment: The maximum you can deposit 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 and/or Lifetime ISA in the same tax year).
    • Withdrawals: Withdrawals/transfers of your capital investment prior to maturity (31 January 2019) 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 one year period.
    • Further deposits: not permitted in future tax years.

    This account is limited issue. Once the account is open, for the 2017/18 tax year you can transfer in previous ISA investments (including 2017/18 ISA funds deposited with another institution), provided these are not from an Innovative Finance ISA or deposit new 2017/18 funds up to and including 31 January 2018. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 2 Year Fixed Rate Cash ISA (Issue 96)

    Interest Rate:

    1.50% Tax-free§ p.a./AER (fixed)

    • Interest paid: annually on 2 January (commencing 2 January 2019) and on maturity (2 January 2020).
    • Minimum investment & operating balance: £100.
    • Maximum investment: The maximum you can deposit 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 and/or Lifetime ISA in the same tax year).
    • Withdrawals: withdrawals/transfers of your capital investment prior to maturity (2 January 2020) 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 two year period.
    • Further deposits: not permitted in future tax years.

    This account is limited issue. Once the account is open, for the 2017/18 tax year you can transfer in previous ISA investments (including 2017/18 ISA funds deposited with another institution), provided these are not from an Innovative Finance ISA or deposit new 2017/18 funds up to and including 31 January 2018. 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 57)

    Interest rate:

    1.85% Tax-free§ p.a./AER (fixed)

    • Interest paid: annually on 3 January (commencing 3 January 2019) and on maturity (3 January 2021).
    • Minimum investment & operating balance: £100.
    • Maximum investment: The maximum you can deposit 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 and/or Lifetime ISA in the same tax year).
    • Withdrawals: withdrawals/transfers of your capital investment prior to maturity (3 January 2021) 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 2017/18 tax year you can transfer in previous ISA investments (including 2017/18 ISA funds deposited with another institution), provided these are not from an Innovative Finance ISA or deposit new 2017/18 funds up to and including 31 January 2018. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 5 Year Fixed Rate Cash ISA (Issue 69)

    Interest rate:

    2.05% Tax-free§ p.a./AER (fixed)

    • Interest paid: annually on 2 January (commencing 2 January 2019) and on maturity (2 January 2023).
    • Minimum investment & operating balance: £100.
    • Maximum investment: The maximum you can deposit 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 and/or Lifetime ISA in the same tax year).
    • Withdrawals: Withdrawals/transfers of your capital investment prior to maturity (2 January 2023) 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 2017/18 tax year you can transfer in previous ISA investments (including 2017/18 ISA funds deposited with another institution) provided these are not from an Innovative Finance ISA, or you can deposit new 2017/18 funds up to and including 31 January 2018. After this date, the account may be closed for further deposits at any time and without notice.

    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 deposit 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 and/or Lifetime ISA) in the same tax year.
    • Withdrawals: unlimited withdrawals can be made without notice or loss of interest

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

    Full details
  • Rainy Day ISA (Issue 4)

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

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

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

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

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

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

    The maximum balance is £250,000 including 2017/2018 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 0.50% Tax-free§p.a/AER (variable).

    The maximum you can deposit for the 2017/2018 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA and/or an Innovative ISA and/or Lifetime ISA in the same tax year).

    • Interest paid: annually 30 Nov (commencing 30 Nov 2018)
    • Minimum operating balance: £10,000
    • Maximum balance: £250,000
    • Withdrawals: Access is limited to 6 withdrawals per calendar year without notice or loss of interest, subject to the minimum balance of £10,000 being maintained. If you exceed this number of withdrawals (including closure of the account), the account will be subject to 30 days' loss of interest or an equivalent amount on the amount withdrawn.

      Further deposits: permitted in future tax years (assuming the account remains open for investment)

    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 2017/2018 tax year deposits is £20,000 and the maximum account balance is £250,000 including accrued interest

    Full details