• Manage your savings your way

    Manage your account online, and make unlimited deposits and withdrawals.

  • Flexible and easy

    Our Cash ISAs are flexible. All of the interest you earn is tax free and doesn’t count towards your Personal Savings Allowance.

  • Transfer your ISA

    All our cash ISAs accept transfers-in, so you can choose the right accounts to match your savings needs.

  • FSCS Protected

    Deposits fully protected up to £85,000 per eligible person.

Easy access cash ISA Issue 1

Interest rate (AER*)

  • 4.25% Variable

*AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.

Minimum opening balance

£1,000

Suitable if you

  • Want all of the interest tax free
  • Want to be able to transfer in other ISAs and add money up to the ISA allowance
  • Don't want to lock your money away

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Key features

  • The interest rate on our Easy Access Cash ISA is variable
  • You can split your ISA allowance between any of our Cash ISA products, as long as you don’t exceed your annual ISA allowance
  • Cooling off period - if you change your mind within 14 calendar days of opening your account, we’ll cancel your account and return your money without penalty or notice
  • Interest you earn in ISAs is tax free and doesn’t count towards your ISA Allowance
  • Easily transfer ISAs from other providers – we’ll process the transfer electronically if we can or we’ll provide an ISA Transfer Form for you to complete and return to us

Looking to open multiple ISAs?

With our MaximISA, you can mix and match your Aldermore Cash ISA products, so you can build the perfect ISA package tailored to your needs.

So, if you don’t have your full allowance available now, you can open a Cash ISA using part of it, and when any additional funds become available you can open further products with the rest.

Following changes announced for the 2024/25 tax year, you can now invest your current year’s ISA allowance across multiple cash ISA providers. So, if you’ve invested part of your current year’s ISA allowance with another bank or building society, you can invest the remainder of the allowance in an Aldermore cash ISA.

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ISA Transfers

When you open your account, you’ll be asked at the start of the application if an existing ISA is to be transferred. If it is, towards the end of the application you’ll be asked to provide the details of the ISA to be transferred.

Where your existing provider subscribes to the electronic Cash ISA transfer platform, your request will be submitted electronically.

If your existing provider doesn’t subscribe to the electronic platform, you’ll need to print and send us a completed ISA transfer form, which is provided to you at the end of your application.

Please make sure that any ISA Transfer Forms are returned within 14 calendar days from the date of application.

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Cash ISA FAQs

You can split your annual ISA allowance across the different ISA types - Cash ISA, Stocks and Shares ISA, Innovative Finance ISA and Lifetime ISA - or save the whole allowance in one type of ISA (apart from the Lifetime ISA, which has a limit of £4,000).

Aldermore offers Cash ISAs only. You can split your Cash ISA allowance between any of our Cash ISA products. This will be classed as one Cash ISA for the purposes of tax-free allowances and HMRC reporting.

Following changes announced for the 2024/25 tax year, you can now invest your current year’s ISA allowance across multiple cash ISA providers. So, if you’ve invested part of your current year’s ISA allowance with another bank or building society, you can invest the remainder of the allowance in an Aldermore cash ISA.

If you’ve got existing ISAs with other providers from previous tax years, these don’t count towards your £20,000 annual allowance so you can transfer these to us in full. By bringing all of your ISAs together in one place, you can manage your ISA portfolio with ease.

The current tax year allowance (ends 5 April 2025) is £20,000.

You can transfer an ISA by following the usual transfer process. All of our Cash ISAs are flexible but if you transfer them to another provider, the provider that you transfer to may not offer flexibility in which case your ISA will no longer be flexible when it moves to them.

If you transfer an ISA from another provider into one of our cash ISAs, it will automatically become flexible.  

Things you need to know

  • Your annual ISA allowance for the 2024/2025 tax year is £20,000. You can split the allowance across the different ISA types - cash ISA, stocks and shares ISA, innovative finance ISA and Lifetime ISA - or save the whole allowance in one type of ISA (apart from the Lifetime ISA, which has a limit of £4,000)
  • We only provide cash ISAs. 
  • You can make deposits up to £20,000 by Faster Payments, BACS, CHAPS or Standing Order from your nominated UK bank or building society account. You can also transfer existing ISAs from other providers into this account, up to the amount held
  • Interest will be earned from the date on which we receive your money
  • The favourable tax treatment depends on your individual circumstances and may be subject to change in the future
  • There are no fees or charges for standard account services. We may make a charge for any exceptional non-standard services which are made available to you on a discretionary basis
  • We reserve the right to withdraw  these accounts from sale at any time

 

To view all current and previous rates for our personal savings accounts variable rate products, please click here.