|Account name||Direct ISA Saver||Direct ISA Saver for 1|2|3 World or Santander Select customers|
|AER/Tax-free (variable) for 12 months on balances from £1||1.00%||1.25%|
To apply for a Direct ISA Saver you must be a UK resident, aged 16 or over.
You can save from £1 up to your annual ISA allowance - minimum opening balance of £500 applies.
You can open the account with a zero balance if you are transferring in your existing ISAs with a balance of at least £500.
You manage the account using online, mobile, or telephone banking, and you can use cash machines nationwide.
The favourable tax treatment of ISAs may change in the future.
1|2|3 World and Santander Select customers will benefit from a higher interest rate on their Direct ISA Saver, as shown in the table above.
A 1|2|3 World customer is someone who holds one or more of the following products: 1|2|3 Credit Card, 1|2|3 Current Account, 1|2|3 Graduate Current Account, 1|2|3 Student Current Account, 1|2|3 Postgraduate Current Account, 1|2|3 Mini Current Account or 1|2|3 Mini Account (in Trust). Trustees are not classed as 1|2|3 World customers. To be eligible for 1|2|3 offers they must be a 1|2|3 World Customer in their own right. There are different eligibility criteria for each product and offer. Find out more about 1|2|3 World.
Please read the full product details and terms & conditions before applying. Other
Your interest is calculated daily and paid into your account annually at the beginning of March.
Deposits for the 2015/2016 tax year can be made at any time on or before 5 April 2016.
You can make withdrawals from cash machines at any time and, if you want to move your money to another cash ISA provider, you can do so at any point by contacting the new ISA provider directly.
You can transfer in balances from existing ISAs you hold with external ISA providers at any time.
14-day cancellation period applies. If you transfer in funds from your existing ISA and subsequently cancel the account, your existing ISA provider may not accept the return of the ISA funds. In this case you can either continue to save with us or transfer your cash ISA in full to another ISA provider. You will need to contact your new ISA provider to arrange the transfer. If you don't exercise your right to cancel, your Direct ISA Saver will continue with us.
At maturity this product reverts to an ISA Saver
The interest rate of the ISA Saver depends on your balance.
|Balance||AER tax-free (variable)|
|£1 - £9,999||0.50%|
ISA Saver rates effective from 30 March 2015.
Whilst interest is currently paid tax-free on cash ISAs, you should be aware that the favourable tax treatment of ISAs may change in the future.
The Direct ISA Saver is subject to availability. Rates may vary and are correct as at 11 May 2015.
You can make deposits into your Direct ISA Saver by:
Standing order - these can be set up online or in branch with most banks and building societies
One-off payments - cash/cheque via a Santander cash machine or from another bank or building society
Online transfers - from another Santander account
Transferring an ISA from another provider
To transfer in a cash ISA from an external ISA provider or to transfer in a stocks and shares ISA, please complete one of the forms below. The Cash ISA transfer form can be completed and submitted online.
Please consider the following before deciding to transfer your ISA to us:
We don't charge a transfer fee but other providers may. You can transfer some or all of the money that you have paid into cash and/or stocks and shares ISAs in previous tax years. If you wish to transfer money that you have paid into a cash and/or stocks and shares ISA in the current tax year, you will need to transfer all of the amount that you have paid into the ISA in the current tax year. Any money that you withdraw yourself from your ISA will lose its tax-free status and if repaid back into an ISA will count towards the current tax year's ISA allowance. Santander isn't providing advice as to whether transferring your ISA(s) is right for you.
Transferring an existing cash ISA held with Santander
If you hold more than one Santander cash ISA, using the Santander Cash ISA Transfer Form below, you can simply combine any balances into a single cash ISA.
Once you have completed the relevant ISA transfer form, please send to the following address.
Any funds withdrawn from your cash ISA without using the above processes will be considered a withdrawal and will lose their tax free status. If you replace these funds back into an ISA they will count towards your current tax year ISA limit.
ISA Customer Services
PO Box 1112,
9 Nelson Street
Bradford, BD1 9NR
Secure, 24/7 banking. Make payments, view statements and much more. Watch our Online Banking videos to learn more.
24/7 banking by phone. Speak to an advisor during the day and in the evenings or use our automated service any time of day. Call us on 0800 328 3280.
You can do more than just withdraw cash at our cash machines. For example, pay money or cheques in, pay bills and lots more.
Free text and email alerts
You don't have to wait for your statement to arrive or to log on to find out something has happened on your account anymore. By setting up the alerts you want in Online Banking we can send you a text or email when it happens - such as when your balance goes above or below a certain amount.
Everything you need to know before you apply
We recommend reading the information in the documents below before you apply. You may like to save or print them so you can refer to them in the future.
To view these documents, you may need to download Adobe Reader.
Please read full product details and terms & conditions before applying.
You can apply for the Direct ISA Saver if you:
are at least 16 years of age
are a UK resident
To get a higher rate of interest on your Direct ISA Saver you must also be a 1|2|3 World or Santander Select customer.
A 1|2|3 World customer is someone who holds one or more of the following products: 1|2|3 Credit Card, 1|2|3 Current Account, 1|2|3 Graduate Current Account, 1|2|3 Student Current Account, 1|2|3 Postgraduate Current Account, 1|2|3 Mini Current Account or 1|2|3 Mini Account (in Trust). Trustees are not classed as 1|2|3 World customers. To be eligible for 1|2|3 offers they must be a 1|2|3 World customer in their own right. There are different eligibility criteria for each product and offer.
You will need your National Insurance number to apply
If you already have a Santander cash ISA, you can keep your existing account number and sort code by upgrading your cash ISA
Existing fixed rate ISAs are eligible to upgrade within 28 days of maturity. If your cash ISA is due to mature we will have recently sent you a letter confirming the maturity date. Your product details and new interest rate will change with immediate effect following the ISA upgrade being processed. If you do not wish to upgrade your account now, please submit your request at a later date
|Direct ISA Saver||Direct ISA Saver for 1|2|3 World or Santander Select customers|
Apply by phone
Call us on 0800 032 4264. Lines are open 8am to 9pm Monday-Friday and 8am to 4pm Saturday.
Apply in branch
Find your nearest branch or call 0845 604 8039 to make an appointment. Lines are open 8am to 9pm Monday-Friday and 8am-9pm Saturday.
Rates and information correct as at 11 May 2015.
If it's a Cash ISA you want to transfer from another provider, simply complete and submit the Cash ISA transfer form. Alternatively, you can visit 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.
To transfer your Santander Cash ISA to another provider, you will need to contact your new ISA provider.
If you hold more than one Santander cash ISA, you can use the Santander Cash ISA Transfer Form, to combine any balances into a single cash ISA. If you are transferring in to a Fixed rate ISA with us, we need to receive your transfer application within 14 days of account opening.
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.
For the 2015/16 tax year, you will be able to save up to £15,240 which can be paid into a cash ISA, a stocks and shares ISA or a combination of the two.
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.
If you have a joint account you can only change your own name and/or address within Online Banking. If both names and/or addresses need to be changed, both account holders must log on to their own Online Banking and change their own details.
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.
Choose 'Change personal details' from the left hand menu and then click 'Change address'.
Enter your new details (including postcode) and follow the onscreen instructions.
Please note: You will need to enter a One Time Passcode (OTP) to complete this change, so make sure you have your mobile phone to hand.
2. By telephone (for current account and savings customers):
Call our Telephone Banking line on 0800 9 123 123. Lines open 7am to 11pm Monday to Saturday and 8am to 10pm Sundays.
3. In branch:
Complete a change of details form 0800 9 123 123.
Take the form to your local branch together with relevant account documentation:
Your cash card, passbook or certificate and;
Signature bearing identification such as a full UK driving licence or valid EEA passport (this includes UK passport).
If you would like to discuss our identification requirements please call us on 0800 9 123 123 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.
* To open these documents you will need to have Adobe Reader. If you don't already have Adobe Reader you can download it for free
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.