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Cash ISA Saver
Want to save but also have instant access to your money? With this flexible cash ISA, you can do just that.
Read the summary box before applying
Summary box for the Cash ISA Saver
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1.10% AER/tax-free on balances from £1 to £24,999.
1.20% AER/tax-free on balances from £25,000 to £99,999.
1.35% AER/tax-free on balances of £100,000 or more.
An extra 0.30% AER/tax free will be added if you already have a Club Lloyds or Private Banking personal current account.
The interest rate is variable. Interest is paid twice a year. The rate applies to the full balance.
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Yes. As this account pays a variable rate of interest, it can change over time. We’ll always let you know of any planned changes to the rate.
Our terms and conditions (PDF, 59KB) explain when and how we do this. For example we might review the interest rate if the Bank of England base rate changes.
We’re making some changes to our conditions on 02 June 2025. For details, see our guide to changes (PDF, 80KB).
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For example, if you deposit £1,000.00 when you open the account, the balance after 12 months will be £1,011.00.
If you deposit £25,000.00 when you open the account, the balance after 12 months will be £25,300.00.
If you deposit £100,000.00 when you open the account, the balance after 12 months will be £101,350.00.
This assumes:
- the interest rate stays the same for 12 months
- you make your deposit on the day you open the account and you don't add more money after that
- you don’t withdraw any money or interest.
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This account can be opened and managed:
- online
- on our app
- in branch
- by phone.
You can open this account if you:
- are 18 or over
- are a UK resident for tax purposes
- have a National Insurance number.
If you have already saved in a cash ISA this tax year with us, you’ll need to complete an ISA transfer.
You need to open this account with £1 or more. You can pay up to £20,000 into a combination of permitted ISAs this tax year. Read more about ISA limits.
You can only open this account in your sole name because cash ISAs can’t be joint accounts.
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You can withdraw money from this account and there are no charges for doing so.
This is a flexible ISA, which means you can withdraw money and put it back in without counting towards your annual ISA limit.
Any money you move into an account that isn't an ISA will lose its tax-free status. Tax treatment depends on your individual circumstances and may change in the future.
If you change your mind, you can cancel the account free of charge within 14 days of opening.
After 12 months, your account will change to an Instant Cash ISA. Before this happens, we’ll contact you to explain your options and next steps.
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Savings terms explained
Tax-free
This means you will not pay income tax on your interest.
AER
AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each year.
For more definitions, view our glossary.
Open a Cash ISA Saver
Read the summary box and the terms and conditions (PDF, 197KB) opens in a new tab before you start.
We’re making some changes to our conditions on 02 June 2025. For details, please see our guide to changes (PDF, 80KB).
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