There are four types of ISA saving accounts available to UK savers. At Post Office, we offer Cash ISAs with both variable and fixed rates. An Online ISA combining both, and an investment-based Junior ISA.
ISAs
With tax-free savings of up to £20,000 in this tax year (2024/25), an ISA could help you hit your savings targets sooner than you think.
Post Office ISAs are provided by OneFamily. Savings in Post Office cash ISAs are deposited with Bank of Ireland UK. All other Post Office savings accounts are provided by Bank of Ireland UK
Types of ISA
Cash ISAs
Get a fixed or variable rate of interest on the money you save
Stocks and shares ISAs
Invest what you save in stocks and shares. The returns can be greater, but you may get back less than you put in
Innovative finance ISAs
Offer higher potential returns through peer-to-peer lending, but come with greater risk
Lifetime ISAs
A tax-free way to help 18- to 39-year-olds buy their first home or save for retirement
Choosing the right ISA for you
What to consider:
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When do you need access to your money? Some ISAs offer instant access. Others may have limits on when and how often you can withdraw your money
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How will you manage your savings account? You may want the convenience that online access offers. Or the clarity of talking to people face-to-face or on the phone
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With a stocks and shares ISA, there are risks that you could get back less than you’ve put in. You may want to assess whether your savings are suitable for this kind of saving
Important to know:
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The tax advantages of ISAs depend on your individual circumstances
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The tax treatment of ISAs may change in the future
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Tax-free means the interest paid will be free from UK income tax and capital gains tax
It’s important to compare ISA options and review ISA interest rates to find the savings account that best suits your needs
Online ISA
Start saving today with just £100 for easy access and £500 for the fixed account
Open this account
Online
Manage this account
Online
| Easy Access |
4.10% Tax free/AER variable for the first 12 months. After 12 months this changes to 1.35% tax free/AER variable. |
|---|---|
| Fixed Rate - 1 year |
4.00% Tax free/AER fixed |
| Fixed Rate - 2 year |
3.65% Tax free/AER fixed |
Easy Access Cash ISA
Save tax-free from just £100, with no withdrawal limits. And transfer in your existing ISAs
Open this account
In branch | By post
Manage this account
By phone | By post
| Interest rate |
3.60% Tax free/AER variable for the first 12 months. After 12 months this changes to 1.35% tax free/AER variable. |
|---|
Fixed Rate Cash ISA
Save tax-free from £500. Make one deposit and no withdrawals
Open this account
In branch | By post
Manage this account
By phone | By post
| 1 year |
3.95% Tax free/AER fixed |
|---|---|
| 2 years |
3.65% Tax free/AER fixed |
Junior ISA
Tax-efficient savings for under 18s. Pay in from £10 per month or a lump sum of £100 or more
Open this account
Online
Manage this account
Online
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A guide to savings
Thinking of saving or investing, but don’t know where to start? This guide provides an introduction to the various options available.
What are ISAs and how do they work?
Want to know more about ISAs, the different options available and which of them might suit your savings needs? We can help with that.
Definitions
AER:
AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to your account each year.
Gross:
Gross rates means we will not automatically deduct tax from the interest we pay on money in your account. It’s your responsibility to pay any tax you may owe to HM Revenue & Customs (HMRC).
Linked account:
A linked account is a current account that we link to your savings account. It must be a UK personal bank or building society account in your name(s).
Variable:
A variable rate of interest can go up or down throughout the lifetime of a savings account.
Fixed:
A fixed rate of interest remains the same and does not change for the duration of the term.
Tax-free:
Tax-free means that interest paid will be free from UK Income Tax and Capital Gains Tax. The tax advantages depend on your individual circumstances and the tax treatment of your ISA may change in the future.
Protecting your savings
Find out more about the Financial Services Compensation Scheme (FSCS) and how it protects your savings.
About our savings accounts
Post Office ISAs are provided by OneFamily. Savings in Post Office cash ISAs are deposited with Bank of Ireland UK. All other Post Office savings accounts are provided by Bank of Ireland UK.
OneFamily is a trading name of Family Assurance Friendly Society Limited (incorporated under the Friendly Societies Act 1992, Reg. No. 939F), of which Family Equity Plan Limited (Co. No. 2208249) is a subsidiary. Financial Services Register numbers 110067 and 122351 respectively. Registered in England and Wales at 16-17 West Street, Brighton, BN1 2RL, United Kingdom. Family Assurance Friendly Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Family Equity Plan Limited is authorised and regulated by the Financial Conduct Authority.
Bank of Ireland UK is a trading name of Bank of Ireland (UK) plc which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 512956. Registered in England and Wales (No. 07022885). Registered Office: 45 Gresham Street, London EC2V 7EH.
The above details can be checked on the Financial Services Register by visiting the Financial Conduct Authority website.
Post Office Limited is registered in England and Wales (No. 2154540). Registered Office: 100 Wood Street, London, EC2V 7ER. Post Office and the Post Office logo are registered trademarks of Post Office Limited.