2 Year Fixed Rate Cash ISA

If you’re looking for a way to maximise your tax-free** savings with a cash ISA and want to know how much interest you’ll earn, a 2 Year Fixed Rate Cash ISA could be the perfect saving solution for you.

Apply for a 2 Year Fixed Rate Cash ISA

Highlights:

  • Earn 4.72% AER* Tax-free** savings with a fixed rate of interest
  • Enjoy peace of mind knowing how much interest you'll earn over the term
  • Minimum initial deposit of £5,000
  • Choose between monthly or annual interest

* AER stands for annual equivalent rate and illustrates what the interest rate would be if it was paid and compounded once each year.

Tax treatment depends on individual circumstances and may be subject to change in the future.

** Tax Free - the contractual rate of interest payable where interest is exempt from income tax. The tax information provided is based on our current understanding of current law and HM Revenue & Customs practice which can change. Tax treatment depends on an individual’s personal circumstances. The government is responsible for the favourable tax treatment of ISAs and that may change.

Why a 2 Year Fixed Rate Cash ISA could be right for you:

  • You would like to grow and earn interest on your savings
  • You’re able and want to lock in your savings for 2 years and do not need to access the cash
  • You already have an ISA that you want to transfer to us during the current tax year
  • You don’t need instant access to your savings
  • You want a Cash ISA you can open and manage online

 

Not the right savings account for you?

Finding the best ISA rates is so important, but if locking your savings away for 2 years doesn’t sound like the best option to you, then we can still help. We have plenty of other types of savings accounts that may work better for your savings goals. Why not take a look to see how else we can support you and your future?

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Frequently asked questions

A 2 Year Fixed Rate Cash ISA is a savings account that allows you to earn a fixed rate of tax-free** interest by keeping your money saved for a set two-year period.

Yes, you can transfer an existing ISA into a 2 Year Fixed Rate Cash ISA while keeping your tax-free** benefits. Simply arrange the transfer through the ISA transfer process. Do not withdraw the money yourself and re-deposit it, as this could affect your ISA tax benefits.

No, any interest earned on a 2 Year Fixed Rate Cash ISA is tax-free** and does not use up your Personal Savings Allowance. Your savings and interest remain tax-free** as long as they are held within the ISA and comply with ISA limits and regulations.

You can open a 2 Year Fixed Rate Cash ISA if you’re aged 18 or over, a UK resident and eligible to open an ISA.