Access Cash ISA
The flexible way to make the most of your tax-free allowance*.
This tax-free savings account offers a variable rate of interest and lets you take money out whenever you want.
Current rates & key features
| Balance | Interest rates (tax free/AER variable) effective from 0.00am on 5th March 2012 |
|---|---|
| £1+ | 2.75% tax free/AER variable including 18 month fixed bonus of 2.25% |
- Open with as little as £1.
- Save in a way that suits you, either in lump sums or just as and when you have the spare cash. Or get into a good savings habit by paying in regularly with a standing order.
- Save up to £5,640 in tax year 2012/2013. The tax year runs from 6 April to 5 April in the following year.
- Instant access to your money, in case life throws you the unexpected.
- No restriction on withdrawals, though once you've paid in your full tax free cash ISA allowance you can't replace any money withdrawn in the same tax year.
- Interest is paid annually on 31st March.
- Manage your Access Cash ISA online, over the phone or in branch.
- At the end of the bonus period, variable rates will apply, currently this is 0.50% tax free/AER.
Transfer your existing cash ISA balances from this and previous tax years into an Access Cash ISA, using our ISA Switching service. Previous years funds won't affect this year's ISA allowance. Plus you can take advantage of our ISA Promise. Please note you must not withdraw the ISA monies yourself as you will lose all the tax benefits.
Apply online for an Access Cash ISA
Internet banking customers, sign in and apply for a faster application.
Summary box
| Account name | Access Cash ISA |
|---|---|
| Interest rates (AERs) |
Calculated daily. |
| Tax status | Interest is paid tax free. |
| Conditions for bonus payment | Accounts opened will receive a variable interest rate including a fixed introductory bonus for 12 months from the date of account opening. At the end of the bonus period, variable rates without bonus will apply. |
| Withdrawal arrangements |
No notice period. Unlimited withdrawals with no loss of interest. |
| Access | Online, phone and branch |
Apply online for an Access Cash ISA
Internet banking customers, sign in and apply for a faster application.
Additional information
- Variable interest - this means the rate you earn can go up or down
- Interest paid annually - on 31st March
- Number of accounts - you can only subscribe to one cash ISA during any one tax year. If you already have a cash ISA with another provider and want to take advantage of our cash ISA interest rate, ask to transfer your cash ISA today - free of charge
- Eligibility - UK resident, personal customers only aged 16+. If you are a non-UK resident and wish to find out about the savings products that may be available to you, please call the International Banking team on 0800 876 6555 (or +44 207 451 6212 if calling from abroad). Lines are open Mon-Fri 8am - 6pm and Sat 9:30am - 1.30pm UK local time.
- Account conditions (opens as pdf)
- We are a member of the Financial Services Compensation Scheme so our customers' savings are protected (up to £85,000).
For more information on ISAs and this year's tax allowance view our ISA help & guidance section.
Apply online for an Access Cash ISA
Internet banking customers, sign in and apply for a faster application.
* Tax treatment depends on your individual circumstances and may change.
Please note: Rates of interest are subject to change, to check effective dates for all our Savings products please see our Interest Rates section.
For a definition of AER, Gross and other terms please view our savings glossary.
