Happy young woman on the phone

All about ISAs

Individual Savings Accounts (ISAs) offer tax-free savings up to £15,240 in this tax year (2016/17)


Choose from variable rate, fixed rate or an Online ISA that gives you a combination of both.


Post Office Money® ISAs are provided by OneFamily. Savings in Post Office Money cash ISAs are deposited with Bank of Ireland UK. All other Post Office Money savings accounts are provided by Bank of Ireland UK.

Tax-free savings in an ISA could mean you hit your savings targets sooner than you thought

There are three types of ISA – cash ISAs (which can have a fixed or a variable interest rate), stocks and shares ISAs and innovative finance ISAs.

Cash ISA - Cash ISAs are available as variable rate accounts or fixed rate accounts. The interest rate on a variable rate cash ISA can go up and down over time whilst fixed rate cash ISA interest rates are guaranteed not to change for a fixed period.

Stocks and Shares ISA - With a stocks and shares ISA you won’t pay UK Income Tax or Capital Gains Tax on any gains you may make. But it’s important to remember you may also not get all your money back, as you’ll be investing in stocks and shares and the value of these can go up or down.

Innovative Finance ISA - With these ISAs you earn tax-free interest on peer-to-peer lending platforms. Although the growth potential could be higher than a cash ISA, the risks are also higher as money is not protected by the Financial Services Compensation Scheme.

Which type of ISA is right for me?

To work out which savings are best for you means looking at your own personal circumstance and the reasons you’re saving. 

You’ll want to work out:

  • When you need access to your money - some ISAs offer instant access while others may have limits on when and how often you can withdraw your money.

  • How 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. 

  • With a stocks and shares ISA, there are risks that you could get back less than you’ve put in, so you might want to assess whether your savings are suitable for this kind of saving.

ISAs available through Post Office Money®


Post Office Money ISAs are provided by OneFamily. Savings in Post Office Money cash ISAs are deposited with Bank of Ireland UK.

ISA Products Why this option Rate Manage
Online ISA
  • Choose as many variable or fixed rates as you like
  • Access Online 24/7
  • Transfer-in from existing ISAs


Please note: Fixed Rate products are single deposit only with no withdrawals

Easy Access
Issue 8  0.85%
tax-free/AER variable for the first 12 months. After 12 months this reverts to 0.25% tax-free/AER variable.

Fixed Rate Issue 7
1 year at 0.95%
tax-free/AER fixed

  • Online

Find out more >

Premier Cash ISA
  • Up to 2 withdrawals per year
  • Tax-free savings from just £100
  • Transfer-in from existing ISAs

0.70%tax-free/AER variable

After 12 months the rate will revert to our underlying rate of 0.25% tax-free/AER variable

  • In branch
  • By phone
  • By post

Find out more >

Fixed Rate Cash ISA
  • Tax-free interest
  • Transfer-in from existing ISAs


Please note: Fixed Rate Cash ISA is single deposit only with no withdrawals

1 year at 0.95% tax-free/AER fixed    

 

  • By phone
  • By post

Find out more >

 

If you’re saving on behalf of a child, a Junior ISA could be the option. Learn more about Junior ISAs.

Post Office Money ISAs are provided by OneFamily. Savings in Post Office Money cash ISAs are deposited with Bank of Ireland UK. All other Post Office Money savings accounts are provided by Bank of Ireland UK.

OneFamily is a trading name of Family Investment Management Limited and Family Equity Plan Limited, which are authorised and regulated by the Financial Conduct Authority. Registered in England and Wales. Registered numbers 1915516 and 2208249 respectively. Registered office: 16 - 17 West Street, Brighton, BN1 2RL.

Bank of Ireland UK is a trading name of Bank of Ireland (UK) plc which is registered in England and Wales. Registered number 07022885. Registered Office: Bow Bells House, 1 Bread Street, London, EC4M 9BE.

Post Office Limited is registered in England and Wales. Registered number 2154540. Registered Office: Finsbury Dials, 20 Finsbury Street, London, EC2Y 9AQ. Post Office Money and the Post Office Money logo are registered trademarks of Post Office Limited.

The above details can be checked on the Financial Services Register by visiting the Financial Conduct Authority website.