Help to Buy: ISA

Don’t miss your last chance to open one

The deadline for opening this ISA is 30 November – save for a deposit to help you buy your first home and claim a government bonus of up to £3,000. The specific cut-off times on 30 November for opening a Help to Buy: ISA depend on how you open the account.

  • Online Banking and the Barclays app (if registered): 10pm 
  • Telephone Banking (if registered): 9pm
  • Branch (with appointment): dependent on your branch’s Saturday hours

Don’t bank with us? Call us1 on 0345 744 5445 or visit a branch

When does the Help to Buy: ISA scheme end?

The government has announced that its Help to Buy: ISA scheme will close to new savers after 30 November 2019. You can keep saving into your account until 30 November 2029 – after that date, you won’t be able to pay any more money into the account. You must claim your Help to Buy: ISA bonus from the government by 30 November 2030.

How do I set up a Help to Buy: ISA?

You can save through the government’s Help to Buy: ISA scheme to help save a deposit for your first home – you need to open the ISA by 30 November 2019. Your savings are tax-free2 and you can claim a 25% bonus from the government on any amount you save between £1,600 and £12,000 – the maximum bonus is £3,000. You’ll also earn interest on your ISA savings at 2.58% AER / 2.55% tax-free per year variable. You can only subscribe to one cash ISA in a tax year.

Open a Help to Buy: ISA with as little as £1, then save up to £1,200 in the first calendar month, then up to £200 per calendar month3 until 30 November 2029 – with instant access to your money. You’ll need to follow this guide to claim your government bonus.

Read more details in our guide to opening a Help to Buy: ISA.

Who’s eligible for a Help to Buy: ISA?

To apply for our Help to Buy: ISA, you need to

Be aged 16 or older

Be a first-time home buyer

Have a National Insurance number

Be resident in the UK for tax purposes

Summary box

Account name
Help to Buy: ISA.

What is the interest rate?
Interest rates for balances of £1+, effective from 3 September 2018.


Tax-free pa %





Interest is calculated daily using your statement balance and is paid on the first working day of each month.

Can Barclays change the interest rate?

Yes, rates are variable. We can increase or decrease the interest rates for the reasons set out in our ‘Barclays and you’ booklet, which is available in branch, or you can read our Terms and conditions for Personal customers. Both also explain when we may change the interest rates, and the notice we’ll give you.

What would the estimated balance be after 12 months, based on a £200 deposit a month?

Deposit amount

Estimated value after a year

£200 per month


The estimated value is based on no change to the interest rate during 12 months and no withdrawals made.

How do I open and manage my account?

You can open an account online, at a branch or by phone – but you need to open the Help to Buy: ISA by 30 November 2019. Please see the ‘How to apply’ section below for more details.

You can manage your account in branch, or using Online Banking, Barclays Mobile Banking or Telephone Banking – provided you’re registered.

The minimum opening balance allowed is £0 if the Help to Buy: ISA is being funded by a cash ISA transfer-in, otherwise the minimum deposit is £1.

You can save up to a maximum of £200 per month, with an additional allowance of £1,000 in the first calendar month. There is no maximum balance.


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

  • Be aged 16 or above
  • Be resident in the UK for tax purposes
  • Be a first-time buyer
  • Have a National Insurance number

Can I withdraw money?

Yes, you’ll have instant access to your money so you can make withdrawals.

How do I claim my government bonus?

To qualify for the government bonus, the property must be in the UK and should be up to the value of £250,000 outside of London and £450,000 inside London. You must

  • Be a first-time buyer 
  • Be buying a property with a mortgage
  • Have saved a minimum of £1,600 
  • Close your account in one transaction when you're ready to purchase your first UK property. You can't use the government bonus to cover any costs you incur before completion or to use as the deposit due at exchange of contracts
  • Pass your Help to Buy: ISA closing statement onto your conveyancer. They will claim the government bonus for you. They must be approved as an eligible conveyancer under the Help to Buy: ISA scheme

Additional information

Transfers-in and transfers-out from and to other ISAs are allowed, subject to Help to Buy: ISA deposit limits.

You can only have one Help to Buy: ISA at any time. If you already have a Help to Buy: ISA with another financial institution, you can transfer this to us. To protect the tax-free benefits you’ve built up in your existing Help to Buy: ISA, you must use the correct transfer-in process. When you open your Help to Buy: ISA, you’ll be able to enter your transfer details.

After 30 November 2019, you won’t be able to transfer-in a Help to Buy: ISA held elsewhere into Barclays unless you already have a Help to Buy: ISA with us.

You can claim a 25% government bonus on amounts saved between £1,600 and £12,000 (maximum bonus of £3,000), subject to the Help to Buy: ISA scheme rules.

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, this means it will take longer for you to build up your balance, as you can only pay in up to £200 per month. Also, the government bonus is payable on the final savings (closing) balance.

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 the time we gave notice.

For full details, including eligibility, see the Help to Buy: ISA scheme rules

Download our Help to Buy: ISA terms and conditions – and our guide to ISAs for additional information.

How to apply for a Help to Buy: ISA

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

Register for Online Banking

Get quick and convenient access to your accounts.

More ways to save

If the Help to Buy: ISA isn't right for you, we have other options for you to consider.

1-Year Flexible Cash ISA

Tax-free savings, with some access to your money

Make the most of your 2019/20 ISA allowance of £20,000. If you bank with us, you could pay in or open a new ISA online in minutes.

Instant-access savings

You could make your money grow through our current range of savings accounts

Start saving with as little as £1 through our range of instant-access savings accounts.


Smart Investor

Discover how our Investment ISA, Investment Account or SIPP Account could help you reach your financial goals.

Investments can fall as well as rise in value.