Cash ISA - Overview
Get the benefit of tax-free savings.
- Tax-free interest - grow your savings fast by earning a great variable rate of up to 2.25% Gross/AER on balances over £35,000.
- £1 minimum deposit - it's easy to get started. You can deposit up to your annual subscription limit in each tax year. Find out more about ISA limits here.
- Instant access - manage your money online and get your money when you need it with a cash card.
- Earn interest daily - interest is calculated daily and paid to your account annually in October.
Anyone over 16 and resident in United Kingdom can open a Cash ISA account.
Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.
