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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

4.00%
AER/tax-free for the one year term.

3.85%
AER/tax-free for the two year term.

3.70%
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

3.50%
AER/3.45% tax-free variable if you make three or fewer withdrawals.

1.00%
AER/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

3.40%
AER/3.35% tax-free variable if you make three or fewer withdrawals.

1.00%
AER/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

1.10% 
AER/tax-free on balances from £1 to £9,999. 

1.20% 
AER/tax-free on balances from £10,000 to £49,999. 

1.35% 
AER/tax-free on balances of £50,000 or more.

Interest is variable and paid after a year. The 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

3.10%
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 any of the following accounts with us, it’ll change into an Instant ISA Saver at the end of its term.

  • ISA Saver Variable.
  • ISA Saver Fixed.
  • ISA Reward Bonus Saver.
  • ISA Bonus Saver.

Interest

1.10%
tax-free/AER on balances from £1 to £9,999. 

1.20%
tax-free/AER on balances from £10,000 to £49,999. 

1.35%
 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 last account.

Minimum first deposit

£1

Open for

No end date.

Withdrawals

Unlimited.

More info

You can't 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.

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 yearly deposit limits.
  • We no longer offer our Help to Buy: ISA to new customers as of 01 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

Let’s take a closer look

  • It really depends on the terms of your ISA. It’s important to check the terms carefully before you take money out of a cash ISA.

    Some accounts, like the Halifax ISA Saver Variable, let you withdraw at any time. But most fixed ISA accounts could issue a charge or void your agreement entirely if you take out money. 

  • You can only put money into one cash ISA with us in a tax year, but you can also pay into any other ISA you may have, each tax year.

  • Some easy access accounts have variable interest rates based on market conditions.

    A fixed rate account might offer a higher rate of interest that’s fixed for a set period. Your returns could be better, but these accounts tend to be less flexible. For example, you may incur charges if you withdraw money earlier than planned.

  • Wording explained

    AER

    The Annual Equivalent Rate (AER) helps you to understand how much interest you could earn from your savings in a year. It also makes it easier to compare accounts.

    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 or 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. We won’t take off any tax due, so you’ll need to declare and pay anything you owe to HM Revenue & Customs.

Supporting your savings journey

Halifax Savers Prize Draw

Every month, the 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

Protecting your money

FSCS logo



The Financial Services Compensation Scheme (FSCS) protects up to £85,000 of the eligible money you hold with us.

More about the FSCS



Protecting your money

FSCS logo

The Financial Services Compensation Scheme (FSCS) protects up to £85,000 of the eligible money you hold with us.

More about the FSCS

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Handy tools and tips for reaching your savings goal.

Ways to save

ISA promise

As part of our ISA promise, we'll pay you interest while your ISA funds are being transferred, provided they are free to move.

More about our ISA promise

Transfer your ISA

When you switch your ISA to us, you’ll get our ISA promise.

Transfer to us

Savings accounts and cash ISAs

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

See our savings accounts

Men and Women laughing together

Savings accounts and cash ISAs

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

See our savings accounts