Santander Savings

Cash ISAs

At Santander we want to help you make the most out of your savings, which is why we try to bring you our best ISA rates through our range of Cash ISAs.

If you are a UK tax payer, the exceptional tax benefits of an ISA usually make it the first savings account you should consider. If you’re a UK taxpayer, the taxman will usually take 20% of any interest you earn on your savings – even more if you are a higher rate taxpayer but with an ISA, the Government allows you to save up to a certain amount each year and the interest is free of income tax and capital gains tax.

Cash ISAs are available to anyone aged 16 or over, living in the UK for tax purposes. A tax year runs from 6 April one year to 5 April the next year. ISA limits are reviewed annually and therefore are subject to change.

Remember that all payments you make into your ISA count towards your ISA allowance. This means once you have used up your ISA allowance, even if you take money out of your ISA, you can’t pay money back in until the start of the next tax year.

At Santander we offer you different types of Cash ISAs, which have been created with the needs of different savers in mind. For example, some cash ISAs allow you to pay into them and take money out in a branch while others can only be managed online or at a cash machine. With the Direct ISA you can manage your money at our cash machines, online or over the phone. The Easy ISA offers straightforward tax free savings with a variable rate. You can manage your money through our branches and, with tiered rates of interest, the more you save (as long as you don’t go over the annual cash ISA limit) the more you earn. You can enjoy our highest Cash ISA rate with our Super Flexible ISA which is only available when you put the same amount or more into a separate qualifying product, including products from our Fixed Term investment range.