Fixed Rate ISA from The Nottingham

Account name

Fixed Rate ISA Issue 150.

What is the interest rate and is it fixed?

Annual interest is 5.50% tax-free p.a./AER* and is fixed until 31/10/2024. The interest on this account is fixed, which means the rate can’t be changed during the fixed period.

Will I be taxed on the interest?

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

How much can I save in this account?

You will need £500 to open an account and the balance must not fall below that amount. You can pay in as much as you like up to the annual ISA allowance (£20,000 for the current tax year) while the issue is open. You can also make unlimited transfers (either part or entire balances) of previous ISA subscriptions from any bank or building society up to £750,000.

Can I withdraw money?

No, however you are permitted to transfer the total balance of this account to a new ISA provider during the fixed rate period. Transfers out are subject to a charge equivalent to 180 days' interest.

How can I open an account with The Nottingham?

To open an account you must be 16+ and meet our ID requirements. Call your local branch and speak to an adviser who can book an appointment for you.

Additional information

This account may be withdrawn at any time. You can read our savings terms and conditions here.

Are my savings protected?

Your eligible deposits with Nottingham Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. More information is available here.

Open a savings account today

To open an account, call your local branch and speak to an adviser who can book an appointment for you. If you'd prefer to open an account online, take a look at the accounts that our friends over at Beehive Money currently have.

Could you benefit from a new mortgage deal or are you looking for advice from an expert?

To find you the right deal Mortgage Advice Bureau will look at mortgages from over 90 lenders such as Barclays, Santander, NatWest, Nationwide Building Society, Halifax and many more. Request a call back from one of their expert advisers or visit your nearest building society branch to see what your options are.

Current interest rates from 7 Aug 2023

Balance Tax-free p.a./AER*
£500 - £750,000 5.50%

How do I open an account?

To open one of our savings accounts call your local branch to speak to an adviser. They'll talk you through the process of opening a branch based account.

Tax-free savings

Saving is even more rewarding when you don't pay tax on the interest you earn. Most people can already earn some interest from their savings without paying tax.

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.