Starter ISA from Nottingham Building Society
Our Starter ISA is fixed until 5th April 2025. You can pay in up to £1,500 per calendar month. In March 2025 the balance of the account can be made up to £20,000. This is a limited issue, branch based account which could be withdrawn at any time.
Account name |
Starter ISA Issue 12. |
What is the interest rate and is it fixed? |
Annual interest is 5.00% tax-free p.a./AER* and is fixed until 5th April 2025. 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 £10 to open an account and the balance must not fall below that amount. You can pay in up to £1,500 per calendar month. In March 2025 the balance can be made up to £20,000. |
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 90 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. |
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. |
Additional information |
This account may be withdrawn at any time. 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. You can read our savings terms and conditions here. |