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Cash ISA Saver

Whatever you’re saving for, our Cash ISA Saver account can help you get there with instant access to your tax-free savings.

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Save tax-free

Save up to £20,000 tax-free in the 2023/2024 tax year and pay no tax on any interest you earn. 

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Instant access to your money

Make withdrawals at any time and replace it later in the same tax year without losing any of your tax-free allowance.

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Currently paying from 1.60% interest

Currently paying from 1.60% tax-free/AER (variable). This includes a fixed introductory bonus of 0.20% for 12 months.

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Tax-free means the interest paid will be free from UK Income Tax. The tax advantages depend on your individual circumstances and the tax treatment of your ISA may change in the future.

 

Cash ISA Saver benefits

  • Interest rates are variable and the rate you earn depends on how much money you have in your account at midnight at the end of each day.

  • You earn the interest rate on all the money in your account.

Account balance Variable annual interest with 12 month bonus Variable annual interest without 12 month bonus
Tax free/AER %  Tax free/AER%
£1+ 1.60% 1.40%
£25,000+ 1.70% 1.50%
£50,000+ 1.80% 1.60%
£100,000+ 1.90% 1.70%
  • After 12 months the variable interest rate without bonus will apply

  • To open this account you must be;

  • 16 or over, and
  • A UK resident.
  • Instant access to your money with no notice periods or fees

  • Open a Cash ISA Saver with just £1

  • Save up to £20,000 for the tax year ending 5 April 2024 tax-free

How to apply

Already registered for Internet Banking?

 

If you're not already registered

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FSCS
 

Financial Services Compensation Scheme

Your savings are protected under the Financial Services Compensation Scheme. The scheme protects up to £85,000 (or £85,000 each for joint account holders - £170,000 altogether) of the deposits in your TSB savings and current accounts.

Visit fscs.org.uk

Need any help?

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Use the TSB Mobile Banking App to get help with queries 24/7.

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It’s easy for you to pop in and manage your finances.    

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