How much can I save in the account?
You can pay in as much as you like up to the annual ISA allowance (£20,000 for the current tax year) while the issue is open. For branch-only accounts you can make unlimited transfers (either part or entire balances) of previous ISA subscriptions from any bank or building society up to £750,000. No transfers are allowed for online-only accounts.
Can I withdraw money?
Yes, you can make as many unlimited penalty-free withdrawals as you wish.
Will I be taxed on the interest?
No, the interest you'll receive will be tax-free.
Additional information
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 terms and conditions. This is a limited issue account which could be withdrawn at any time.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 branch savings terms and conditions and online savings terms and conditions here.
Whether you'd like to open this account online or in-branch, we've got you covered. Online accounts are only managed digitally, and branch accounts are in-person only.
To download the app and open an online savings accounts, scan the QR code if you're viewing on desktop or head to the App Store on Apple devices or Google Play on Android devices.
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 moreAs 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.
You can manage your savings on the go, through our app or website, by opening an online account. To manage your savings in person please book an appointment at your nearest branch.
Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.
