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Direct ISA Savers

Please note, you must hold either a 123 Current Account, 123 Credit Card or be a Santander Select customer to earn the higher rate of interest.
Cash ISA transfers in and out are allowed at any time.


Important Information

Key Product Information

Account name

Direct ISA Saver 

 Interest rates (AERs)

Variable interest rate.  View our current rates

After 12 months the account will revert to an ISA Saver, with rates dependent on the account balance at the time. Current rates for ISA Saver are 0.50% AER tax free (variable) for balances of £1+, 1.00% AER tax free (variable) for balances of £10,000+ and 1.50% AER tax free (variable) for balances of £25,000+.

Tax Status

Tax Free. The favourable tax treatment of ISAs may change in the future.

Conditions for bonus payment


Withdrawal arrangements

Cash withdrawals can be made at a cash machine at any time.

Cash ISA transfers out are allowed at any time.

Money can be moved between Santander accounts and to non Santander accounts via Internet Banking and telephone.


Telephone, online and cash machine.

Product is subject to availability. Rates are variable and effective from 22nd April 2014.

How to apply
Remember to have your National Insurance Number to hand.
If you already have a Santander cash ISA, you can keep your existing account number and sort code by upgrading your cash ISA.
If you don’t, or want a new account:
Apply online
It should take no more than 5 minutes.
Apply by phone
Call us on 0800 587 2764. 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. Remember you’ll need your National Insurance Number and bring some proof of your name and address.
Apply now


Upgrade now
Other information 
A reminder on ISA allowances
From 6 April 2014 until 30 June 2014 you can invest up to £11,880 in an ISA, of which up to £5,940 can be put into a cash ISA.
From 1 July 2014, the overall ISA subscription limit is increasing to £15,000, which can be paid into a cash ISA, a stocks and shares ISA or a combination of the two.
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. 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.
Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747.Registered in Telephone 0870 607 6000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website or by contacting the FCA on 0800 111 6768. Santander UK plc is also licensed by the Financial Supervision Commission of the Isle of Man for its branch in the Isle of Man. Deposits held with the Isle of Man branch are covered by the Isle of Man Depositors’ Compensation Scheme as set out in the Isle of Man Depositors’ Compensation Scheme Regulations 2010. In the Isle of Man, Santander UK plc’s principal place of business is at 19/21 Prospect Hill, Douglas, Isle of Man, IM1 1ET. Santander and the flame logo are registered trademarks. 
Information correct as at 22nd April 2014.