Our 2 Year Fixed Rate Cash ISA allows you to save up to £15,240 and earn tax-free interest.
From 6 April 2016, your ISA allowance is £15,240. This means you can save up to £15,240 in this tax year ending 5 April 2017.
Tax-free means the interest paid will be free from UK Income Tax. The advantages of which depend on your individual circumstances and the tax treatment of your ISA may change in the future.
No, we can't change the interest rate during the fixed term of your Fixed Rate Cash ISA.
Based on a £3,000 deposit, with no deposits or withdrawals made from the account, and variable interest rates remaining the same:
(Service charges may apply, see our Banking Charges guide for more information)
Rates and information correct as at 02/02/17.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Tax free rate is the contractual rate of interest
payable where interest is exempt from income tax.
View previous rates
Your eligible deposits with TSB are protected up to a total of £75,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.
Your deposits with us are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Most depositors - including most individuals and small businesses - are covered by the scheme.
In respect of deposits, an eligible depositor is entitled to claim up to £75,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £75,000 each (making a total of £150,000). The £75,000 limit relates to the combined amount in all the eligible depositor's accounts with the bank including their share of any joint account, and not to each separate account.
For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website or call the FSCS on 020 77 414 100 or 08006 781 100. Please note only compensation related queries should be directed to the FSCS.
Accounts with TSB Bank plc include accounts in all its divisions and under trading name TSB and TSB Business. An eligible depositor's £75,000 limit relates to the combined amount in all accounts with TSB Bank plc.
Please read the guide to protecting your money for further information.
Everything you need to know about ISAs and how to make the most of your annual ISA allowance.
Read our ISA Guide
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