Compare Cash ISAs

ISAs (Individual Savings Accounts) are a good savings option because you pay no tax on the interest or return. Compare the latest ISA rates and apply online below - and check out our ISA savings guide for tips on maximising your money. Make the most of your tax-free allowance and invest up to £5,340 before April 5th 2012 in either a instant access variable rate, fixed rate or structured cash ISA.

Choose a type of savings account to compare from the list below

Cash ISA (variable rate)

Variable rate cash ISAs allow you to deposit and withdraw money whenever you like without incurring any penalties – so they are ideal if you don’t want to lock your savings away. The downside is that they offer a lower interest rate than their fixed rate counterparts, and the provider may raise or lower the rate at any time.

Account Interest
(AER)

The account's Annual Equivalent Rate: shows the interest you will earn over a year as a percentage. If interest is paid monthly, this rate will be higher than the gross interest rate (as the interest will be compounded).

 Interest Paid

This shows how often the interest is calculated and paid.

 ISAs Transfers In

This indicates whether you can transfer your existing ISA balance to this account. Transferring existing ISA balances will not affect your annual ISA allowance.

 Account
Type / Term

Type of savings account and length of account term (if applicable).

 Account Access

Online - Access via internet banking.
Telephone - Access via telephone banking.
Branch - Access via your local branch.
Post - Postal access.

 Min Starting Balance

This indicates the minimum initial deposit required to open an account.
Nationwide
Online ISA
Only available to Nationwide Flex Account customers		3.10%
  • AER Includes Bonus
  • Fixed bonus until 31/01/2013
  • 2.75% AER for deposits above £1,000
  • 3.10% AER for deposits over £25,000.
YearlyCash ISAOnlineTelephoneBranchPost£1MORE INFO
Read this before you proceed.
In order to access this rate you need to open or currently have a Nationwide card based account
To qualify for this product you need to meet the following criteria.
Minimum Investment£1
Permanent UK ResidentYes
Minimum Age16
Existing CustomerYes
Halifax
ISA Saver Online
2.60%
  • AER Includes Bonus
  • 12 month fixed bonus of 2.35%.
YearlyCash ISAOnlineTelephoneBranchPost£1MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Permanent UK Residentyes
Minimum Age16
NatWest
e-ISA
2.50%
  • AER Dependent on Balance
  • £1k+ = 2.00%
  • £30k+ = 2.50%
Monthly Cash ISAOnlineTelephoneBranchPost£1MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Investment£1
Permanent UK ResidentYes
Minimum Age16
NatWest
Cash ISA
2.00%
  • AER Dependent on Balance
  • £1+ = 0.50%
  • £9k+ = 0.75%
  • £15k = 0.95%
  • £22k = 1.10%
  • £27k = 1.75%
  • £50k = 2.00%
Monthly Cash ISAOnlineTelephoneBranchPost£1MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Investment£1
Permanent UK ResidentYes
Minimum Age16
RBS
Instant Access ISA
2.00% Monthly / YearlyCash ISAOnlineTelephoneBranchPost£1MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Investment£1
Permanent UK ResidentYes
Minimum Age16

asteriskAccounts with an asterisk next to the AER interest have a bonus applied to the interest rate, place your mouse cursor over the asterisk to view the bonus.

More about cash ISAs

An ISA is an Independent Savings Account. It works in exactly the same way as most other savings accounts but with one, very satisfying benefit - you don't have to pay tax on your interest.

Don't worry - your bank hasn't struck up a deal with the mafia. It's all above board. Government introduced ISAs in the late nineties to allow all adults in the UK to be able to gain a little bit extra on what they save.

Unfortunately, though, there are limits on how much you can put into in an ISA - currently sitting at £5,340 per tax year (April 5th to April 4th). And you can only put money into two ISAs each year - one cash ISA and one which is invested in stocks and shares.

With the cash ISA, available from the majority of banks and building societies, you can choose a fixed or variable interest rate. And, like any savings account, there are options to choose which will affect what your return will be. This includes how you access your cash (only online, for example) and whether or not you will need to draw on your cash during the year.

The account - and interest - works on a cumulative basis. So if you top up your ISA every year for the next three years to the current maximum, you'll be getting interest on a total of £16,020 by the end of the third year.

Read more about both cash and investment ISAs in our guide.

Important risk information

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.

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