Cash ISAs

Top-up your current cash ISA or open a new cash ISA today

Why open a cash ISA?

  • Earn tax-free interest.
  • Open online in minutes.
  • Our adult cash ISAs qualify for the Savers Prize Draw. Prize Draw rules apply.

Compare cash ISAs

Each tax year you can benefit from a personal ISA allowance, helping you to earn tax-free interest. 

Account

Interest

Minimum first deposit

Open for

Withdrawals

More info

Account

Interest

4.15%
AER/tax free for the one year term.

4.35%
AER/tax free for the one year term if you already have a Halifax Personal Current Account that has been open for a minimum of 40 days.

4.00%
AER/tax free for the two year term.

4.05%
AER/tax free for the two year term if you already have a Halifax Personal Current Account that has been open for a minimum of 40 days.

3.80%
AER tax free for the five year term.

Choose to receive interest monthly, or after each year.

Minimum first deposit

£500

Open for

One, two or five years. Your account will then change to an Instant ISA Saver.

Withdrawals

By account closure or transfer only. Charges apply.

More info

Account

Interest

4.00%
AER/3.93% tax free variable if you make three or fewer withdrawals.

1.35%
AER/1.34% tax free variable if you make four or more withdrawals.

Interest is paid monthly.

Minimum first deposit

£1

Open for

One year. Your account will then change to an Instant ISA Saver.

Withdrawals

Unlimited.

If you make four or more withdrawals, you’ll get the lower interest rate from the month you make the fourth withdrawal, until the end of the account year.

More info

Account

Interest

3.90%
AER/3.83% tax free variable if you make three or fewer withdrawals.

1.35%
AER/1.34% tax free variable if you make four or more withdrawals.

Interest is paid monthly.

Minimum first deposit

£1

Open for

One year. Your account will then change to an Instant ISA Saver.

Withdrawals

Unlimited.

If you make four or more withdrawals, you’ll get the lower interest rate from the month you make the fourth withdrawal, until the end of the account year.

More info

Account

Interest

1.45% 
AER/tax free on balances from £1 - £9,999. 

1.50% 
AER/tax free on balances from £10,000 - £49,999. 

1.80% 
AER/tax free on balances of £50,000 or more.

Interest is variable and paid after a year. Rate applies to the full balance.

Minimum first deposit

£1

Open for

One year. Your account will then change to an Instant ISA Saver.

Withdrawals

Unlimited.

More info

Account

Junior Cash ISA

An ISA for anyone aged under 18.

Interest

3.65%
AER/tax free variable.

Interest is paid after each year

Minimum first deposit

£1

Open for

Until the child's 18th birthday. The account will then change to an adult ISA Saver Variable

Withdrawals

None until the child's 18th birthday.

More info

Account

Instant ISA Saver

If you have an ISA Saver Variable, ISA Saver Fixed, ISA Reward Bonus Saver or ISA Bonus Saver with us, it will change into this account at the end of its term.

Interest

1.45%
tax free/AER on balances from £1 - £9,999. 

1.50%
tax free/AER on balances from £10,000 - £49,999. 

1.80%
tax free/AER on balances of £50,000 or more.

The interest rate is variable. The rate applies to the full balance. Your interest frequency will stay the same as it was on your previous account.

Minimum first deposit

£1

Open for

No end date.

Withdrawals

Unlimited.

More info

You cannot apply directly for this account.

Instant ISA Saver

 

Tax treatment depends on individual circumstances and may change in the future.

Interest on savings

Interest rates can change. You can check current interest rates online at any time.

Explaining some common terms

AER

As well as making it easier to compare accounts, the Annual Equivalent Rate (AER) helps you to understand how much interest you could earn from your savings in a year.

AER includes the effect of compound interest – essentially the interest you earn on top of any interest that’s already part of your savings balance.

More on AER

Tax free

You don’t usually need to pay tax on interest earned on:

  • ISAs
  • Kids accounts.

Adults can earn a certain amount of tax-free interest on their savings each year, depending on your:

Gross

This is the percentage of interest you’ll earn on savings, pre-tax. Halifax won’t deduct any tax due, so you’ll need to declare and pay anything you owe to HM Revenue and Customs.

Understanding ISAs

  • There are four different types of ISA - a cash ISA is one of them. You can only fund one cash ISA in a tax year with us. 
  • Save up to £20,000 into a combination of adult ISAs this tax year. For example, you can save some into a cash ISA and the rest into a stocks and shares ISA. Some ISAs have monthly or annual deposit limits.
  • Our Help to Buy: ISA is no longer available for new customers from 1 December 2019. If you are an existing Help to Buy: ISA customer you can still claim the Government bonus or transfer your Help to Buy: ISA to us from elsewhere. You can also carry on saving each month.
Learn more about how ISAs work

Transfer an ISA

Do you have another ISA? Protect your ISA allowance by asking us to move your money for you.

Transfers are quick and easy to do through Online Banking.

Learn more about ISA transfers

Frequently asked questions

Supporting your savings journey

Halifax Savers Prize Draw

Every month, our Savers Prize Draw makes three lucky savers £100,000 better off. Visit the prize draw page for the full draw rules.

Find out how to register

Financial Services Compensation Scheme

Eligible deposits held with us are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme.

FSCS logo 

Visit our FSCS page

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Other ISA options

Whether you need easy access to your money or want to set up a longer term to earn more interest take a look at some of the other ISAs we offer.

Explore all ISAs

ISAs explained

Getting a better understanding of how you can make your money work for you. Read more to find out how ISAs work.

ISAs explained

Manage your ISA

If you're an existing customer looking to make changes to your Halifax cash ISA, we have various options that may interest you.

More existing customer options

Savings accounts and cash ISAs

Whatever you’re saving for, get there with Halifax.

See our savings accounts

Savings accounts and cash ISAs

Whatever you’re saving for, get there with Halifax.

See our savings accounts