Account Name Interest rate
gross/tax-free p.a./AER*
Type of account Withdrawals Notice period
Lifetime ISA Issue 2 1.05%
  • 25% Government bonus
  • ISA
  • Limited access
For your first property purchase or when you turn 60 years old Between 20-25% Government charge for ineligible withdrawals, so you could get back less than you put in More details
Fixed Rate ISA Issue 56
Fixed** until 14th October 2022
0.65%
  • ISA
  • Fixed rate
  • Fixed term
  • Limited access
Limited No withdrawals but transfers out to other ISA providers subject to 180 days' loss of interest More details
Fixed Rate Issue 196
Fixed** until 14th December 2022
0.65%
  • Fixed rate
  • Fixed term
No access None More details
Fixed Rate Issue 195
Fixed** until 14th February 2022
0.55%
  • Fixed rate
  • Fixed term
No access None More details
Notice ISA Issue 2 0.50%
  • ISA
  • Limited access
Limited 30 days More details
Branch Notice Issue 2 0.25%
  • Limited access
Limited 60 days More details

Find out more about limited access accounts.

What is a limited access account?

As its name suggests, a limited access account is a type of savings account where access to your funds are limited.


Limited access accounts FAQs

How often can you withdraw money?

This depends on the account you open, however there tend to be three main ways withdrawals are restricted:

  1. No withdrawals until a specified date
  2. Limited withdrawals per tax year
  3. Savings can only be used for specific reasons and by meeting certain conditions.
Not sticking to these will likely result in a penalty so make sure you read the restrictions on the product you're opening before making your decision.

Can interest rate change on a limited access account?

If the limited access account you choose isn't a fixed rate savings account, then the interest rate may be subject to change over time.


Is there a minimum balance for limited access accounts?

The minimum balance on limited access accounts vary. Please refer to the individual product terms and conditions for further information.




For ISAs

*We will pay your interest free of UK income tax. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. The tax treatment of ISAs may also change. AER stands for Annual Equivalent Rate. It shows what the interest rate would be if the interest was reinvested in the account each year. Interest rates are variable unless otherwise stated.

For non ISAs

*We will pay your interest without tax taken off. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future, for further information please contact HMRC. AER stands for Annual Equivalent Rate. It shows what the interest rate would be if the interest was re-invested in the account each year. Interest rates are variable unless otherwise stated.

Savings FAQs

Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful. 

Types of savings accounts

With so many different types of savings accounts, it can be difficult finding the right one for you. Our savings guide explains the different accounts.

Glossary of savings terms

Ever wondered what AER actually is? Or what CHAPS stands for? We're busting the jargon in our savings terms glossary.