Easy Access ISA
2.50% tax-free p.a./AER
Couple In Kitchen Hugging Kissing Baby

Easy Access ISA

Download key product information
  • Must be aged 16 or over
  • Start saving with as little as £1
  • ISA allowance is £20,000 per tax year
  • Unlimited withdrawals without notice
  • Open in any of our branches

Account name

Easy Access ISA.

What is the interest rate and is it fixed?

The annual interest rate is currently set at 2.50% tax-free p.a./AER*. The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our savings terms and conditions.

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 as much as you like up to the annual ISA allowance (£20,000 for the current tax year). You can also make unlimited transfers (either part or entire balances) of previous ISA subscriptions from any bank or building society up to £750,000.

Can I withdraw money?

Yes, you can make as many unlimited penalty-free withdrawals as you wish.

How can I open an account?

To open an account you must be aged 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This account may be withdrawn at any time.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 Nottingham Building Society 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.

See more cash ISAs

Current interest rates from 30 Sep 2024

Balance Tax-free p.a/AER*
£10 - £750,000 2.50%

Previous interest rates from 10 Aug 2023

Balance Tax-free p.a/AER*
£10 - £750,000 2.65%

Good to know

Your savings are covered by the Financial Services Compensation Scheme (FSCS), so your savings are protected. The scheme was set up by the government and is funded by the industry. Savers could get up to £85,000 if their bank or building society goes out of business.

Find out more

Who are Nottingham Building Society?

As a mutual building society, you own us, not shareholders. That means we pass our profits and extra benefits directly to you instead of paying dividends.

How do I open an account?

To open this savings accounts call your local branch to speak to an adviser. They'll talk you through the process of opening a branch based account.

Savings FAQs

Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.