Savings
Savings
1.
You can filter your savings options by selecting the groups below:
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Account type:
ISAs
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Instant Cash ISA – Issue 1
Our instant access cash ISA 1 that also allows Transfers-In.
- Earn 2.10% AER /2.08% tax-free pa 2 on balances of £1 to £14,999
- Earn 2.20% AER /2.18% tax-free pa on balances of £15,000 to £29,999
- Earn 2.30% AER /2.28% tax-free pa on balances of £30,000 and over
- Rates include a fixed 12-month introductory bonus of 0.80% tax-free pa 1
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3 Year Flexible Cash ISA – Issue 2
A fixed term cash ISA 3 that lets you make up to 3 withdrawals during the term, each of up to 10% of the current balance.
- Earn 2.10% End of term /tax-free pa 2 on balances of £1 to £14,999
- Earn 2.20% End of term /tax-free pa on balances of £15,000 to £29,999
- Earn 2.30% End of term /tax-free pa on balances of £30,000 and over
- Rates shown are for end of term interest option
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Investment ISAs
Maximise your annual ISA allowance and save up to £11,520 4 in an investment ISA. Our 5 Foundation funds are ready-made solutions and offer an easy introduction to investing. Choose a fund based on your goals and appetite for risk.
Choose from more than 70 funds from well-known companies, including JP Morgan, Fidelity and Barclays Wealth. All can be included in an investment ISA and have been independently vetted by investment specialists.
The value of investments and any income they produce can go down as well as up, so you could get back less than you invested.
Consider these options
e-savings Reward
- Online exclusive. Ideal if you have extra money to put away each month
- Get a higher rate for months when you don't make a withdrawal.
Monthly Savings
- Looking to start a regular savings plan? This account is ideal
- Save £20 to £250 a month over 1 year
Need help with jargon?
Here are the five definitions that we think you'll find most helpful.
- ISA
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Individual Savings Accounts are a special type of savings scheme launched by the Government in 1999 to encourage people to save in a tax-free efficient way. There are two types of ISAs: cash ISAs and investment ISAs (also known as stocks and shares ISAs). A cash ISA is like a normal savings account but, with the added benefit of interest being tax-free. An investment ISA involves your money being invested in the stock market, which means it will rise or fall accordingly. Investments held in an investment ISA are free of UK income and capital gains tax (although, where relevant, tax is paid on any dividend income).
- Tax-free
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Tax-free indicates that interest is exempt from UK income tax, provided all ISA conditions are met. The level and basis of tax can change and the value of tax relief depends on the individual tax payer. If you're opening a savings account for your child, ask for the Revenue & Customs R85 form to complete when the account is opened or take one with you. Once we get a completed form, we'll pay interest without deducting tax. You can also get a form when you open the account at your local branch. And if you give your child a gift of money that produces more than £100 of gross interest per year, the income will normally be taxed as yours.
- Instant access account
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These accounts allow you to withdraw all or part of your savings either immediately or at short notice. These accounts are best for rainy-day savings but you will get a better return on savings where your money is locked away for a set period, so think carefully about which account is best for your needs.
- Variable rate
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A rate of interest that can go up or down throughout the lifetime of the savings account.
- Interest
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The income you receive on the money that you save.
Need other terms explained? See our Savings Jargon Buster

