Premier Cash ISA

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1.40% tax-freeTax-free means the interest paid will be free from 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./AERAER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and compounded once each year. variableA variable rate of interest can go up or down throughout the lifetime of a savings account.

Save between £100 and £5,940 tax-freeTax-free means the interest paid will be free from 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. with our Premier Cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. (subject to any stocks and shares ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. contributions)


Key benefits

  • Tax-freeTax-free means the interest paid will be free from 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.: pay no tax on the interest you earn
  • It’s easy to start saving: open with just £100
  • Accessible: the flexibility to make up to two withdrawals each tax year

Our Premier Cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. also accepts transfers-in.

Post Office Premier Cash ISA is provided by Family Investments. Money in Post Office cash ISAs is deposited with Bank of Ireland UK.
The tax advantages of ISAs depend on your individual circumstances and the tax status may change in the future.

How it works

Benefit from a 1.40% tax-freeTax-free means the interest paid will be free from 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./AERAER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and compounded once each year. variableA variable rate of interest can go up or down throughout the lifetime of a savings account. rate which includes a 0.50% tax-freeTax-free means the interest paid will be free from 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./AERAER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and compounded once each year. fixed bonus for the first 18 months:

Decide how you’d like to invest:
a)    Use current tax year allowance – from £100 up to £5,940 (subject to any stocks and shares ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. contributions)
And/or:
b)    Transfer a cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. held with another provider – there is no upper limit to the value of cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. you can transfer but it must be at least £100. Before making a decision to transfer your cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. to us, you should check if your current provider will charge a fee.

Want to withdraw your money? No problem. You can make a maximum of two withdrawals each tax year (the minimum withdrawal amount is £10) - anymore and you'll need to transfer to another provider or close your ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year..

If you close your ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year., your money will no longer benefit from the tax advantages of ISAsAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. in the future.

If you have paid into your Premier Cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. in the same tax year you close it, you wont be able to pay money into another Cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. in that tax year.

Watch your savings grow – interest will be paid annually in March.

Is a Premier Cash ISA right for you?

Right for you if
  • You want a savings account that earns tax-freeTax-free means the interest paid will be free from 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. interest
  • You’re happy with two withdrawals a year
  • You want to transfer savings from an existing cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. with another provider

Try something else if

  • You've already invested £11,880 in a stocks and shares ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. this tax year
  • You want to make more than two withdrawals a year
  • You're under 16 (if you’re aged 16 to 18, you’ll need to verify your name – call us on 0800Calls to 0800 numbers are normally free from UK landlines but charges may apply from mobile phones. Calls may be monitored or recorded for training and compliance purposes. 169 7500 for a list of acceptable ID)

Not the right account for you? Try our Online Bond, Online Saver and Fixed Rate Cash ISA accounts.

 

Your savings are protected by the Financial Services Compensation Scheme. Find out how your savings are protected

Definitions

0800: Calls to 0800 numbers are normally free from UK landlines but charges may apply from mobile phones. Calls may be monitored or recorded for training and compliance purposes.

0845: Call costs may vary depending on your service provider. Calls may be monitored or recorded for training and compliance purposes.

AER: AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

ISA: An ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year.

Nominated Account: A Nominated Account is a current account that we link to your savings account so that you can transfer money between accounts safely and securely whenever you like. It should be a UK personal bank or building society account in your name(s) that accepts Direct Debits.

Prevailing rate: The current rate of interest.

Tax efficient: Return will be free of UK Income Tax and Capital Gains Tax.

Tax-free: Tax-free means the 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.

Variable: A variable rate of interest can go up or down throughout the lifetime of a savings account.


Summary Box
Key product information for the Post Office® Premier Cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year.

Account name Post Office Premier Cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year.
Interest rate (AERs) The interest rate is variableA variable rate of interest can go up or down throughout the lifetime of a savings account.. A bonus rate is also payable for 18 months. Interest is paid annually in March.
Tax status Tax-freeTax-free means the interest paid will be free from 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.
Conditions for bonus payment None
Withdrawals arrangement

You can make a maximum of 2 withdrawals each tax year - anymore and you'll need to transfer to another provider or close your ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year..

If you close your ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year., your money will no longer benefit from the tax advantages of ISAsAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. in the future.

If you have paid into your Premier Cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. in the same tax year you close it, you wont be able to pay money into another Cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. in that tax year.

The minimum withdrawal is £10 or the value of your ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year. whichever is less.
Access Account details
You can obtain the current value and any other details about your account by calling us or writing to us.

Paying money in*
Payments can be made:
  • at any Post Office branch
  • by post
  • by phone (once your account is open)
Withdrawing money*
You can make a withdrawal by calling us or writing to us. We'll either send you a cheque or pay your money into a bank or building society account you have previously nominated. You cannot withdraw money over the counter at a Post Office branch.

*Limits apply and ID may be required.

For details of all the Terms and Conditions that apply to the Post Office Premier Cash ISAAn ISA is an Individual Savings Account. They are a tax-efficient way to save money as you pay no tax on the money you put into an ISA or the interest you earn. There are two types of ISA – cash ISAs with a fixed or a variable interest rate. And stocks and shares ISAs where your money is usually invested in stocks and shares. You can currently invest up to £11,880 in an ISA in the 2014/15 tax year (6th April to 5th April). Up to £5,940 of this can be invested in a cash ISA (subject to any stocks and shares ISA contributions). You can only invest in one cash ISA and one stocks and shares ISA in each tax year., please see the key information pack.

Small print

6th April 2014

About Family Investments

Family Investments is a trading name of Family Investment Management Limited (Co. No. 1915516) and Family Equity Plan Limited (Co. No. 2208249), which are authorised and regulated by the Financial Conduct Authority. Registered in England and Wales at 16-17 West Street, Brighton, BN1 2RL, United Kingdom.

About the Post Office

Post Office Limited is an appointed representative 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. Bank of Ireland UK is a trading name of Bank of Ireland (UK) plc which is registered in England & Wales (No. 07022885), Bow Bells House, 1 Bread Street, London EC4M 9BE. Post Office Limited is registered in England and Wales. Registered No 2154540. Registered office is 148 Old Street, London EC1V 9HQ. Post Office and the Post Office logo are registered trademarks of Post Office Limited.

Handy info

Read more details about our Premier Cash ISA

Premier Cash ISA - Key Information
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0845Calls to 0845 numbers may be charged at up to 5p per minute from a fixed line and calls from mobiles can be considerably higher. Calls may be monitored or recorded for training and compliance purposes. 602 3409

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Premier cash ISA protecting your money