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You must be a UK resident aged 18+. You can only subscribe to one cash ISA with Royal Bank of Scotland in any tax year up to £20,000. Tax free interest means interest payable is exempt from UK income tax. Tax reliefs referred to are those applied under current UK legislation, which may change.
Open a new Royal Bank Fixed Rate ISA
- Fix for one year and earn 4.00% AER/tax free p.a. (fixed)
- Fix for two years and earn 3.80% AER/tax free p.a. (fixed)
- Transferring money from your Cash ISA as part of opening a new Fixed Rate ISA won’t count towards this tax-year’s ISA allowance. For more information on allowance please refer to Your ISA allowance.
- You can bring your ISAs together by transferring all or part of any ISA held with another provider to us once your account is opened.
Leave your money in your new Instant Access ISA
- For balances up to £24,999 - earn 1.50% AER/tax-free p.a. (variable)
- For balances over £25,000 - earn 2.80% AER/tax-free p.a. (variable)
- You can use mobile banking, Digital Banking, direct banking or any branch to pay money into your Instant Access ISA within your ISA allowance.
- You can also choose whether you want to pay in lump sums or set up a monthly standing order to help you save more regularly.
Move your ISA to another provider
- An ISA transfer lets you move your ISA savings to a new provider.
- Remember, when transferring your ISA, it's really important to go through the ISA transfer process so you don't lose out on any of the tax benefits of your ISA account.
- You can transfer your ISA to another bank or building society by following their ISA transfer process. You'll need to check with them how their ISA process works, but once you’ve started the transfer they'll get in touch with us so we can work with them to get your ISA savings transferred over.
For Fixed Rate ISA no withdrawals or deposits during the term. Available to new customers until 08 January 2025. Available to existing customers until 13 January 2025. Please note that these issues may be withdrawn early due to limited availability. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date. Early closure fees may apply.
Take a look at other saving options
We have a range of other savings accounts available, check out all the options we've got to see if one might be right for you.
Please remember that once you move your money from an ISA to a non-ISA account the money it will no longer have tax free status.
Financial Services Compensation Scheme
Your eligible deposits held by a UK establishment of Royal Bank of Scotland are protected up to a total of £85,000, by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.
Find out more (PDF, 3k KB) about the scheme and how it protects your money.