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Tax-free savings with a Cash ISA

Earn 2.50% AER / 2.46% tax-free (variable) on your savings, with no tax to pay on interest earned.

What is a Cash ISA?

An Individual Savings Account (ISA) is a special type of savings account where you pay no tax on the interest you earn. Ever.

Every UK resident aged 18+ gets a £20,000 tax-free allowance each tax year (6 April – 5 April). You can put up to £20,000 into a Cash ISA without paying any tax on the interest.

Our Cash ISA is flexible — meaning you can withdraw money and replace it within the same tax year without losing your tax-free allowance. Not all ISAs work this way.

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Why choose our ISA?

2.50% AER tax-free

2.50% AER / 2.46% tax-free (variable) on balances up to £85,000. Interest is calculated daily and paid monthly. That's tax-free income, compounding every month.

£20,000 tax-free allowance

Use your full tax-free allowance for the 2024/25 tax year. Any interest earned is tax-free, forever — unlike a regular savings account where interest over £1,000 may be taxed.

Flexible withdrawals

Take money out and replace it in the same tax year without losing your allowance. Perfect if you want the tax benefits without locking your money away.

Transfer in free

Got an ISA with another provider? Transfer it to us for free without losing any tax benefits. Most transfers complete within 15 working days.

Manage from the app

Open, fund and manage your ISA entirely from your phone. No paperwork, no forms, no waiting. Instant transfers between your ISA and current account.

FSCS protected

Your ISA is protected up to £85,000 by the Financial Services Compensation Scheme.

Cash ISA FAQs

What is an ISA?
An Individual Savings Account lets you save money tax-free. Any interest you earn doesn't count toward your personal savings allowance or your income tax.
Can I have more than one ISA?
Yes, you can hold multiple ISAs, but you can only pay into one Cash ISA per tax year (6 April – 5 April). You can also have a Stocks & Shares ISA, Lifetime ISA and Innovative Finance ISA.
How do I transfer an existing ISA?
Apply for our ISA, then request a transfer from your existing provider through our app. We'll handle the rest — your tax benefits stay intact.
Is my money locked away?
No. Unlike fixed-term ISAs, our flexible Cash ISA allows instant withdrawals with no penalty.
What happens at the end of the tax year?
On 6 April, you get a new £20,000 allowance. Your balance carries over, still tax-free. Any interest earned stays in the ISA, tax-free forever.

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