What is a Fixed Rate Cash ISA?
Our Fixed Rate Cash ISA is a tax-free savings account. Your interest rate is fixed, so it will stay the same for the entire term of your savings account.
At the end of the term if no maturity instruction is received, your funds including any interest earned will be paid into a Cash ISA Maturity Account, where it will earn a managed variable rate.
A 14 day cooling off period applies. Withdrawals after your cooling off period are subject to a charge.
Who can apply for a Fixed Rate Cash ISA?
- To apply for a Fixed Rate Cash ISA you should be:
- A UK tax resident, or Crown Employee performing duties overseas (or married to or in a civil partnership with such a person)
- Aged 18 or over
- Depositing between £10,000 and £2 million per account