Search Branch finder Help & support Log in Menu All about ISAs Individual Savings Accounts (ISAs) offer tax-free savings up to £20,000 in this tax year 2021/22 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 four types of ISA - cash ISAs (which have a fixed or a variable interest rate), stocks and shares ISAs, innovative finance ISAs and Lifetime 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. Lifetime ISA - The Lifetime ISA is a tax-free savings or investment account to help 18 to 39 year olds buy their first home or save for retirement. Save up to £4,000 each year, and receive a government bonus of 25% - that’s a bonus of up to £1,000 a year. Conditions apply when withdrawing funds from a lifetime ISA. 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. The tax advantages of ISAs depend on your individual circumstances and the tax treatment of ISAs may change in the future. Tax-free means the interest paid will be free from UK Income Tax and Capital Gains Tax. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will contain an AER, it enables a customer to compare different products on a standarised basis, and the return they can expect from a savings account over time. Cash 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 Easy access: open with at least £100; Fixed Rate: open with at least £500 (single deposit) Access Online 24/7 Transfer-in from existing ISAs Please note: Fixed Rate products are single deposit only with no withdrawals Easy Access Issue 25 0.10% tax-free/AER variable for the first 12 months. After 12 months this changes to 0.01% tax-free/AER variable. Fixed Rate Issue 27 1 year at 0.25% tax-free/AER fixed 2 years at 0.30% tax-free/AER fixed Online Find out more > Easy Access Cash ISA Unlimited withdrawals per tax year Tax-free savings from just £100 Transfer-in from existing ISAs 0.25% tax-free/AER variable After 12 months the rate will change to our underlying rate of 0.01% tax-free/AER variable In branch By phone By post Find out more > Fixed Rate Cash ISA Tax-free interest Open with at least £500 Transfer-in from existing ISAs Please note: Fixed Rate Cash ISA is single deposit only with no withdrawals 1 year 0.30% tax-free/AER fixed 2 years at 0.35% 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. Savings homepage All about ISAs Easy Access Accounts All about Bonds All about Junior ISAs Login Give us a call 0800 169 7500 9:00am - 7:00pm, Mon-Fri 9:00am - 1:00pm, Sat You might be interested in Compare all savings accounts Savings interest rates Our guide to savings Post Office Branch Finder Our guide to savings Not sure what you need? Read our helpful guide Find out more Your savings are protected Find out more about how your savings are protected Find out more Savings interest rates Find out what the rates are on all our savings products Find out more 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 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: Bow Bells House, 1 Bread Street, London, EC4M 9BE. 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). 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