Interest paid on a cash ISA is tax free. The annual ISA allowance for 2014/15 tax year is £15,000, which can be paid into a cash ISA, a stocks and shares ISA or a combination of the two. The favourable tax treatment of ISAs may change in the future.
A guaranteed return on your savings:
Earn a tax-free fixed rate of interest for 2 years.
Save from £500 up to your annual ISA allowance.
On early closure, a penalty equivalent to 120 days’ interest applies.
An online account with instant access to your money
Earn a tax-free (variable) rate of interest for 12 months on balances from £1.
Minimum opening deposit of £500.
Online, mobile or telephone access.
A straightforward account with flexible, easy access
0.50% tax free/AER (variable) on balances from £40,000
Save from £1 up to your annual ISA allowance.
Online, mobile, branch or telephone access.
If you've used your 2014/15 cash ISA allowance, check out our range of Savings accounts.
See all of our cash ISA and Savings accounts side by side for easy comparison.
To find your savings interest rate you can use our Interest Rate Finder.
If you hold a Fast Access, SIPP Fast Access, Special Reserve, Cash ISA (TOISA), Retirement Investment Account (ANRIA), Santander Shareholder Account, Treasurers Instant Saver or Charity Investment Account, details of your interest rates can be found here.
If you hold an online savings account, opened with Bradford and Bingley, you can find rate information here.
For the current tax year, 2014/15, you will be able to save up to £15,000 which can be paid into a cash ISA, a stocks and shares ISA or a combination of the two.
If it's a Cash ISA you want to transfer, simply download the Cash ISA transfer in application form. Alternatively, you can request the form via telephone on 0845 600 0181 or in your local Santander branch. Some of our ISAs may not allow transfers in so please check the terms and conditions.
Once we've received the completed form from you, we'll need to contact your existing provider, so please allow up to 15 days for a Cash ISA transfer to take place, starting from when we have received the transfer form.
The easiest way to change your address and contact details (including your telephone number and email address) is to do it via Online Banking. It will be changed instantly.
You can also change it by telephone or in branch.
1. Online Banking (instant):
Log on and update your details instantly from within the "My Details & Settings" tab.
2. By telephone (for current account and savings customers):
3. In branch:
If you would like to discuss our identification requirements please call us on 08459 724 724 and we will be happy to help. Lines open 7am to 11pm Monday to Saturday and 8am to 10pm Sundays.
Important information for customers with alerts: If you have Account alerts set up on your account and you want these to be sent to your updated telephone number and/or email address, then you will need to amend your alerts via the 'Account Services'tab in Online Banking as they are not automatically updated when you change your details.
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All our ISAs allow access to your money but there may be restrictions or charges that vary depending on which ISA it is that you hold.
Be aware that if you take money out, and you wish to put it back later, this will count against your annual ISA allowance for that tax year. This means that if you have already used up your annual ISA allowance, any money you take out cannot then be put back in during the same tax year.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.
Tax Free explained
The tax free rate is the rate of interest payable where interest is exempt from income tax. The favourable tax treatment of ISAs may change in the future.