Cash ISAs
Cash ISAs are a type of savings account that allow you to earn interest on your savings completely tax free, which doesn't count towards your Personal Savings Allowance. In the current tax year (6th April 2024 - 5th April 2025) you can save up to £20,000. To be eligible for a Cash ISA, you must be aged 18 or over, be a UK tax resident and provide your National Insurance number.
We allow ISA transfers, so you can switch your ISA from your current provider to Vanquis Savings. You can save from £1,000 to £85,000 for FSCS protection. All our Cash ISAs are flexible, so you can make withdrawals, however a deduction of interest or a notice period may apply (see each individual product for details). As long as you replace your withdrawal amount during the same tax year, it won't affect your ISA allowance. You can also choose whether your interest is paid monthly or annually.
All our Savings accounts have a minimum balance of £1,000.
Our Cash ISA Products
Notice Cash ISAs
All our Cash ISA products are flexible, so you can make withdrawals subject to the notice period. If you make a withdrawal without giving notice, a deduction of interest will apply. This could mean that you get back less money than you invested.
These products are a limited offer and may be withdrawn at any time. The interest rates we offer will vary from time to time, so it is important to keep a regular eye on the wider market because better rates may be available elsewhere.
*AER stands for annual equivalent rate and illustrates the interest rate if interest was paid and compounded once each year.