Looking for a
savings account but can't decide which is right for you? Our simple table allows you to compare all our savings accounts at a glance, to help you find the best account for you. Whether you're looking for instant access to your savings, a tax free cash ISA, a fixed rate of interest, or a savings account for the kids, our simple table can help you find the account for you.
Since 6 April 2016 you can also earn tax-free interest on money held in savings or current accounts. There's an overall limit to the total amount of tax-free interest you're allowed to earn on all your savings, across all the different providers and accounts you may have.
The Personal Savings Allowance is £1,000 for basic rate tax payers and £500 for higher rate tax payers. Additional rate tax payers do not receive a Personal Savings Allowance.
Simply click on the account name for more details of the account.
Instant - You can make withdrawals from the Account at any of our branches but you can only make payments from this Account to another TSB current or savings account in your name with us (or in the case of a joint account, in any of your names).
Interest earned on the child's ISA does not count towards any Personal Savings Allowance that may apply to the child. The tax treatment of each account depends on the child's individual circumstances and may change.
Got an ISA to transfer to us?
To transfer an existing ISA (excluding Lifetime ISA) to us, you need to complete our online ISA transfer form
Once we've received this, we'll ask your existing provider to transfer the money to us
We'll pay interest at your new rate from the day we receive your completed transfer application - provided your funds are free to move
If there is a delay in the transfer because your existing ISA has a notice period or restriction, your current provider will let us know when it will be free to move to us and we'll pay the interest from that date
Check with your current provider if there are any costs to transfer your cash ISA
Cash ISAs will take no more than 15 working days to transfer
Stocks and shares or innovative finance ISAs will take no more than 30 days to transfer. To transfer an innovative finance ISA you will need to pop into branch
Remember if you withdraw money from a previous ISA with another provider, you will need to replace the withdrawn money before you transfer it to us, otherwise you will no longer be able to repay that money in to your ISA, and it won't be tax-free
Annual Equivalent Rate. AER 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.
This means that credit interest is paid without income tax being deducted.
This is the contractual rate of interest payable where interest is exempt from income tax.