Cash ISA
Tax efficient savings
A cash Individual Savings Account (ISA) provides a tax free wrapper, protecting your savings from the taxman.
Savings deposited in an ISA are exempt from Capital Gains Tax and UK Income Tax, which makes ISAs a highly tax efficient way of saving. The maximum you can put into a cash ISA for the 2011/2012 tax year stands at £5340.
The cash ISA is generally seen as less risky than an investment ISA (also known as a stocks and shares ISA), but is also likely to have a lower potential rate of return.
Use the table below to compare Cash ISA products or speak to an independent investment advisor.
Selected Cash ISAs
| Provider | Product | AER 
|
Term
|
Min Balance
|
More Info |
|---|---|---|---|---|---|
| Click More Info on the product you are interested in | |||||
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Halifax ISA Saver Fixed Tax free ISA with the peace of mind that you'll have a fixed rate of interest for the term (1-5 years, 2.25% to 4.20%). Min Deposit £500 |
4.20% AER | 5 Years | £500 |  |
 |
Nationwide Online ISA Instant access to your funds: no withdrawal limits or penalties |
3.10% AER | 1 Year | £1 | |
 |
Cash ISA View your balance and move money online. Easy access to your money without penalties or restrictions. Deposit using your debit card, funds cleared instantly |
2.50% AER | 1 Year | £1 | |
 |
Cash ISA Earn 0.50% AER to 2.00% AER. Tax free interest, no penalties and fast transfers. Use phone, post, in-branch and online |
2.00% AER | 1 Year | £1 | |
