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Cash ISA

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Tax Free Savings
Looking for a simple, straightforward way to make the most of your tax-free ISA allowance? If so, our Cash ISA* could be right for you. It’s easy to open, and you won’t pay any tax on the interest you earn. Save up to £3,600 each tax year and earn up to 1.50% AER / tax-free** on balances of £21,000 or more. Open an account online in just a few clicks through internet banking with as little as £10.

Features & Benefits

  • Earn 1.00% AER/tax-free from £10 and up to 1.50% AER / tax-free  on balances of £21,000 or more. View Cash ISA interest rates.
  • Tax-free return on the interest earned.
  • Interest paid annually.
  • Make withdrawals from as little as £10.
  • Set up regular payments into your ISA from your current account.
  • Manage your Cash ISA through Internet Banking if you're registered.
  • You can transfer your existing ISA into us, with our ISA transfer form.

How the Cash ISA account works:

  • You can save up to £3,600 in any tax year,.
  • Any money you withdrawal cannot be replaced.
  • The minimum opening deposit is £10.
  • You are restricted in the amount you can invest, so opening a Cash ISA will limit the amount that can be invested in a stocks and shares ISA.
  • The tax year runs from 6 April to 5 April the following year.

Apply Online

As long as you’re registered for Internet Banking, a UK resident over 16 years, you can open your new Cash ISA account in moments; all you need is your National Insurance number.

Apply for a Cash ISA today

Not registered for Internet Banking? Find out how to apply 

 

Lloyds TSB Bank Plc Registered office: 25 Gresham Street London EC2V 7HN Registered in England & Wales no. 2065.Lloyds TSB Scotland Plc Registered Office: Henry Duncan House, 120 George Street, Edinburgh EH2 4LH. Registered in Scotland no.95237. Authorised & regulated by the Financial Services Authority and signatories to the Banking Codes. We are members of the Financial Services Compensation Scheme and the Financial Ombudsman Service.

*The Lloyds TSB Cash ISA does not meet the requirements of a deposit-based stakeholder product.

** Tax rules may change. Tax-free is the contractual rate of interest payable where interest is exempt from income tax.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.