Cash ISA rates
Accounts opened from 10 September 2018
|Balance||Variable annual interest with 12 month bonus||Variable annual interest without 12 month bonus|
|Tax free % / AER % with 12 month bonus||Tax free % / AER % without bonus|
If you would like to move other ISAs to us, once we have your completed ISA transfer authority form, we’ll ask your existing provider to transfer the money to us. We’ll pay interest at your new ISA rate from the day your money leaves your existing account, ensuring you earn interest everyday of the transfer process. If you ask to transfer your existing ISA to us, the process should not take more than 15 working days to complete. If you ask to transfer your existing stocks and shares or innovate finance ISA to us, the process should not take more than 30 days to complete. We do not accept transfers from a Lifetime ISA.
Explanation of terms
AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
Tax-free is the contractual rate of interest payable where interest is exempt from income tax.
Cash ISA Saver - accounts opened on or before 09 September 2018
|Balance||Interest Paid Annually|
|Tax Free / AER (variable)|
Cash ISA (Branch)
|Amount deposited||Variable annual interest
Tax-free / AER per annum