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Help to Buy: ISA

Help with saving towards your first home

In support of the government's Help to Buy: ISA Scheme for first-time buyers, we’re offering our own Help to Buy: ISA 1.

Through this, you can take advantage of tax-free savings and, when you buy your first home, you'll receive a 25% government bonus on amounts saved between £1,600 and £12,000.

The government bonus is payable subject to meeting the Help to Buy: ISA scheme rules .

  • Earn 2.27% AER /2.25% tax-free pa variable 2
  • Save up to £1,200 in the first calendar month, and up to £200 per calendar month afterwards
  • Instant access to your money
  • Open with £1 (£0 for transfers-in)


To apply for the Help to Buy: ISA, you must:

  • Be aged 16 years old or over
  • Be a UK resident for tax purposes
  • Be saving for your first home (worth up to £250,000 anywhere in the UK, or up to £450,000 inside London), and have never owned any interest in a property in the UK or elsewhere
  • Open this ISA for yourself
  • Have a National Insurance number

In order to subscribe to a Help to Buy: ISA, you can’t have subscribed to another cash ISA or used your total annual ISA allowance in a stocks and shares ISA and/or an innovative finance ISA, during the same tax year (unless you intend to transfer your existing ISA into your Help to Buy: ISA).

You can only open one Help to Buy: ISA. However, if you’re buying a house with someone else who is also a first-time buyer, you can both open a Help to Buy: ISA and receive the government bonus for each ISA provided you both meet the Help to Buy: ISA scheme rules.


Rates are variable. Interest is paid monthly on the first working day of the month.

Help to Buy: ISA interest rates

Terms and conditions

To qualify for the 25% government bonus, you'll need to save a minimum of £1,600 – this will provide you with a £400 bonus. The maximum government bonus is £3,000, which is payable on balances of £12,000 and above.

You have instant access to your money, so you can make a withdrawal whenever you want. However, then it will take longer for you to build up your balance because you can only pay in £200 per month. Also, the government bonus is payable on the final savings (closing) balance, which excludes withdrawals.

We may withdraw the availability of our Help to Buy: ISA at any time without notice. This would only apply to new accounts opened from that time.

For full details, including eligibility, see the Help to Buy: ISA Scheme Rules .

Help to Buy: ISA terms and conditions 70 KB

Guide to ISAs 560 KB

How to apply

There are different ways to apply, depending on whether you bank with us or not. You’ll need to have your National Insurance number to hand.

New to Barclays?

Apply in branch with proof of ID and address .


Already a customer?

Apply online, by phone or in branch.

Register for Online Banking

Call 0345 744 5445 3

More ways to save

If this Help to Buy: ISA isn't what you're looking for, we have other options for you to consider.

Instant Cash ISA

Instant Cash ISA

Looking to save but want access to all your money whenever you need it?

2 Year Flexible Cash ISA

Flexible Cash ISA

Looking for your money to earn a fixed rate, while still having access to some of your savings?



Looking to save but with more flexibility? See our range of savings accounts.


Important information

1. Your ISA allowance for the 2016/2017 tax year is £15,240. Annual allowances are subject to review and the government's favourable treatment of ISAs may change. All subscriptions to a Help to Buy: ISA count towards your annual ISA limit. Monthly deposit limits apply to Help to Buy: ISA.

2. AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year. 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 your personal circumstances.

3. Lines are open Monday to Friday 8am-9pm, Saturday 9am-9.30pm and Sunday 8am-9pm. To maintain a quality service, we may monitor or record calls. Call charges.