Cash ISA Saver Issue 10

0.50% to 1.00% tax-free pa/AER fixed
(Annual interest)

Ready to apply?

This account might be right for you if:

  • you're happy with a variable rate of interest that can go up or down
  • you'd like easy, flexible access to your money without affecting your ISA allowance
  • you want to be able to transfer in ISA savings from previous tax years.

Summary Box

Account name

Cash ISA Saver Issue 10

What is the interest rate?

Balance Annual Interest
(tax free pa)
Monthly Interest
(tax free pa)
(tax free pa)
£1 - £19,9990.50% (tax free pa)0.50% (tax free pa)0.50%
£20,000 - £49,9990.75% (tax free pa)0.75% (tax free pa)0.75%
£50,000 +1.00% (tax free pa)1.00% (tax free pa)1.00%
  • Annual Interest Rate
    Interest is earned daily and paid on the anniversary of account opening.
  • Monthly Interest Rate
    Interest is earned daily and each month's interest is paid on the same date your account was opened or the last day of the month if shorter.

    For balances eligible for higher rates of interest, the higher rate applies to the total balance.

Can Skipton Building Society change the interest rate?

  • Yes, the interest rate is variable, so it can go up or down.
  • Section 22 of our Savings Account Terms and Conditions explains why we may change the interest rate.
  • If you have at least £100 in your account we'll notify you before we reduce your interest rate.
  • The interest rate you receive will depend on your balance. If your account balance increases or decreases, your interest rate may change as a result and the relevant rate will apply to your account going forward.

What would the estimated balance be after 12 months based on a range of deposits?

Based on a deposit of Projected balance
£1,000 £1,005
£20,000 £20,150
£50,000 £50,500

The estimated balance after 12 months would be £1,000 assuming that;

  • the account is opened with the amount stated
  • interest starts being earned straight away
  • no further deposits or any withdrawals are made
  • the interest is paid annually and added to the account.
  • the interest rate stays the same for the full 12 months

Estimated balances are for illustrative purposes only and may be less for accounts opened by debit card or cheque.

How do I open and manage my account?

  • This account is available to UK residents aged 16 or over, and can be opened and managed in any of our branches or by post.
  • You can deposit from £1 up to your total ISA allowance each tax year (£20,000 for 2019/2020), plus any ISA transfers, up to a maximum of £1 million.
  • No joint accounts allowed.

Can I withdraw money?

  • Yes, in branch or by post. You don't need to give us notice and there are no penalties.
  • This account is flexible, so you can withdraw money and put it back without affecting your ISA allowance, as long as it's done in the same tax year and the account is still open.

Additional information

  • AER stands for Annual Equivalent Rate and shows what the interest would be if interest was paid and added each year.
  • All ISA interest is paid tax-free, which means it's exempt from income tax. Tax rules may change in future.
  • Accounts can be withdrawn from sale at any time and without notice.

Before you apply

Proving your Identity

  • You will need your National Insurance number when applying for this account.

If you are not an existing customer of the Society, we will require identification to open the account. If you're opening your account in branch, please bring proof of ID as set out in our Proving your identity [PDF] document.

If you’re 18 or over and on the electoral roll for your current address we may be able to verify your identification electronically, to do this please call us on 0345 850 1722 and we’ll let you know straight away if you’ve passed our checks. If we can’t verify your identity electronically, or if you're under 18, you’ll need to provide us with proof of ID as set out in our Proving your identity [PDF] document.

Terms and Conditions

It is important that you read the terms and conditions carefully. These contain the details of your agreement with us and any charges for these accounts and we will rely on them for our relationship with you.

Application forms

How to apply


Visit your local branch for further information and to open this account.


Return your application form and cheque to:

Customer Delivery
Skipton Building Society
The Bailey
BD23 1DN

If you would like to transfer your existing ISA to our Cash ISA Saver, please read our Transferring Your ISA page.

If you would like to transfer your Cash ISA held with Skipton to another ISA provider, you will need to complete the ISA Transfer Authority Form supplied by your new provider.

Annual subscriptions must always be transferred in full for the current tax year.

You can transfer your flexible ISA to another ISA, but current and previous years' ISA allowances are treated differently. If you transfer your full balance to another ISA, previous years' ISA savings will no longer be flexible if you've withdrawn and not replaced before the transfer.

If you are not satisfied with our services we have an internal complaints procedure. For more information please call us on 0345 850 1722, ask in branch or visit our Complaints page.

The Financial Ombudsman Service provides a free and independent service for consumers, and can be contacted at The Financial Ombudsman Service, Exchange Tower, London E14 9SR. Telephone: 0800 023 4567.

Financial Services Compensation Scheme

Your eligible deposits with Skipton Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

Learn more about the FSCS

FSCS - Protecting Your Money
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