A Fixed Rate ISA gives you a guaranteed fixed rate for the term of the account and usually offers a higher rate of interest than our Cash ISA. There are tax advantages too, because any interest you earn is tax-free.
Saving for a longer term could give you a higher rate of interest. If you don’t need easy access to your savings and you can lock your money away for a fixed term, a Fixed Rate ISA could be for you.
You can open an account in one of our Relationship Centres with a minimum of £500.
You can deposit the full £20,000 annual ISA allowance provided you’ve not subscribed to any other ISAs for the current tax year. You can keep your ISA savings in one place by transferring in any of your existing ISAs to us.
Transfer in instructions from existing ISA providers must be received within 14 days of account opening.
Deposits can only be made within 14 days of account opening. No further deposits can be made after this time.
If you don’t deposit your full ISA allowance within 14 days of opening your account, no further deposits can be made to use your remaining ISA allowance for the current tax year or future tax years.