Flexible Easy Access ISA

Enjoy tax-free flexibility with our Flexible Easy Access ISA. This account is designed for those who want easy access to their money without impacting their annual ISA allowance. You can deposit and withdraw funds as often as you like, and even replace money you've withdrawn within the same tax year without affecting your tax-free savings limit. It could be a great way to make your money work for you, offering both a variable interest rate and the freedom to manage your savings as you see fit.

Flexible ISA rules

• Tax-free savings: Earn interest on your money, without paying tax on it.
• Withdrawals: Withdraw and repay money in the same tax year without losing more of your ISA allowance.

Example:

• • Let’s say you pay in £10,000 into our flexible ISA.
  • You then withdraw £2,000 at some point within the tax year. 

The amount you can now put in during the same tax year is:

• • £12,000 (The remaining £10,000 plus the £2,000 you took out).
  • With flexible cash ISA rules, you can put that £2,000 back in later (as long as it’s in the same tax year) and still pay in up to your full ISA allowance limit (£20,000 for the current tax year).
    
    
• Easy access: Take out money when you need it - no penalties or charges.
• Peace of mind: Replace what you withdraw within the same tax year, and your tax-free ISA allowance limit stays the same.

Will I be taxed on the interest?

No, the interest you'll receive will be tax-free.

Additional information

The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our terms and conditions. This is a limited issue account which could be withdrawn at any time. There are other savings accounts available with Nottingham Building Society and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point. You can read our branch savings terms and conditions here.