Our savings accounts

Cash ISAs explained

An ISA is an 'Individual Savings Account' which allows UK taxpayers to benefit from tax-free interest on their savings, now and in the future. There is a maximum amount you can invest into an ISA and this is set each tax year by the government. With a notice ISA, you choose when you want to add to the account but if you make a withdrawal you're asked to provide notice when wanting to withdraw money from the account. The amount of notice you'll be asked to give, is dependent on the term of the account.

Our ISA Wallet gives you freedom to spread your ISA allowance over multiple ISAs with us in the same tax year. Flexibility means any funds you withdraw are added back to your ISA allowance to reinvest with us. There is a interest penalty for accessing your funds without giving the required notice. If enough interest hasn’t been earned any remaining penalty will be deducted from your capital.

Learn more about cash ISAs