1.15% Fixed Rate ISA

With a minimum of £500 you can open a Fixed Rate ISA Issue 45. This account is fixed** until 30th November 2020. You can pay in as much as you like up to the annual ISA tax allowance (currently £20,000 for 2019/2020) while the issue is open. This is a limited issue, branch based account which could be withdrawn at any time. Find out more about the account below.

Account details

  • Branch only savings offer


  • A fixed** return on your investment


  • Limited issue - may be withdrawn at any time


  • Earn interest tax-free*


  • £500 required to open an account


Summary table

Account name

Fixed Rate ISA Issue 45

What is the interest rate and is it fixed?

Annual interest is 1.15% p.a./AER* and is fixed until 30th November 2020

Will I be taxed on the interest?

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

Is there a bonus on this account?

No, there is no bonus payable on this account

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 a Fixed Rate ISA Issue 45, call your local branch to speak to an adviser. They'll arrange a time for you to pop in and open your account

Additional information

There are other savings accounts available with The Nottingham and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point

Key product information

To find out more download our key product information guide

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Your savings are 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.

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Opening an account

In order to open a Fixed Rate ISA Issue 45 you must:

  • Be a UK resident
  • Be aged 16 or over
  • Have a minimum deposit of £500
  • Meet our ID requirements

Managing your account

Find out more about the process of managing your account below.

Paying money in

You’ll need at least £500 to open your account initially and you can transfer money from any other ISA account. To transfer funds from another ISA provider, all you need to do is complete an ISA transfer authority formThere’s no need to tell your current provider that you are moving your money, we’ll do that for you and arrange the transfer. Under the HM Revenue and Customs (HMRC) guidelines your current provider is obliged to complete the transfer within 15 days of receiving the request from us. Please be aware transfers are also subject to deposit limits.

If you would like to use your maximum ISA allowance (£20,000) by investing in a stocks and shares ISA too, we can offer this through our financial planning service. Please note that with a stocks and shares ISA, their value can fall as well as rise.

Taking money out

With a Fixed Rate ISA Issue 45 you cannot withdraw any money from the account until after the fixed rate period, however you are permitted to transfer the total balance of this account to a new ISA provider. Transfers out are subject to a charge equivalent of 180 days interest - please consider this before opening an account.

What happens when the term ends?

Shortly before your account matures we will write to you with details of a replacement product. If we do not hear from you, we will transfer your balance to an account called Cash ISA, or an alternative account we consider appropriate at the time. The Cash ISA is an easy access account so you have instant access to your savings whenever you need it. You will not be charged for withdrawing any money from the Cash ISA.


Rates and account details

Find out more about how a Fixed Rate ISA Issue 45 works below.

When will my interest be paid?

Your annual tax-free interest will be paid into your account on 30th November every year until the account matures in 2020.

Use our savings calculator to find out how your savings might grow over the months.

Current interest rates from 12 August 2019

Balance Tax-free p.a./AER*
£500 - £750,000 1.15%

* 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 re-invested in the account each year.

** There's no guarantee that the current difference between our fixed rates and general rates will continue. General interest rates may fall below or rise above the fixed rate.

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