Easy Access Cash ISA

3.30%

Variable/Tax-Free

AER

Gross

3.30% annually

3.25% monthly

If the balance falls below £1,000

0.25% Variable/Tax-Free

Rates effective 10 September 2025.

Interest is calculated daily. Interest will be paid on the anniversary of the date we receive your first deposit – this will be monthly or annually depending on the product you choose. If you take out an Easy Access Cash ISA and opt for interest to be paid annually, your interest will be credited on the anniversary and at closure of the account. If the anniversary falls on a weekend or a bank holiday your interest will be credited on the next working day. For accounts opened on 29 February in a leap year, the anniversary in non-leap years will be treated as 28 February.

All interest is paid Gross. 

The Interest rate is variable and may be altered in accordance with this document and Section 17 Change To Interest Rates of our Terms and Conditions for Personal Savings Accounts. This is not a tracker product, which means the interest rate will not automatically adjust to track the Bank of England base rate.

Opening deposit

£1,000

Balance after 1 Year

£1,033

This illustrative example assumes no withdrawals, no changes to the variable interest rate over the period and interest is paid and compounded annually on a cleared deposit. Interest is rounded to the nearest pound. The illustrative example does not take into account the individual circumstances of a customer.

You can only apply for this product online
Once your account is open, you can operate the account online or by telephone
The account is only available to individuals who are 18 years of age or over, permanently resident in the UK, only liable for UK tax and can provide a UK bank account as a linked account
You can fund your account within 90 days after opening. We’ll close it if it remains unfunded by this time
A cash ISA can only be held in the name of one person, joint accounts are not permitted
The account cannot be opened by power of attorney/guardianship/intervention order holders acting for an account holder
The annual ISA allowance is £20,000 for the 2025 to 2026 tax year. The tax year runs from 6 April to 5 April, and the limit applies across all ISAs you hold. If you pay into more than one ISA, you’re responsible for staying within your annual allowance
You can open multiple Shawbrook cash ISAs per year. However, you cannot spread your £20,000 allowance across more than one Shawbrook cash ISA in the same tax year
Transfers in from other cash ISA or stocks and shares ISA providers are permitted. Requests to transfer funds into an account from another ISA provider can be made at the same time as your initial account application. Transfer requests received after your initial account application may be refused
Transfers from other ISA providers, including funds from previous tax years, are permitted subject to the account being open for new funding. Transfers from previous tax years don’t count towards your current ISA allowance

Minimum Balance

£1,000

Maximum Balance

£500,000

You can request to withdraw your money online at any time, and there is no limit on how often you withdraw
The minimum withdrawal amount is £1
This cash ISA is not flexible and you may not be able to re-deposit withdrawn funds if the re-deposit amount takes you above the maximum annual cash ISA subscription limit in that specific tax year
You can only withdraw to your linked account. ISA transfers can be made to and from other providers
If we receive a withdrawal request online (excluding secure message) before 9:30pm, or by phone before 2:30pm, on a working day, you should receive your funds into your linked account on the next working day. You can also send us a secure message, and we’ll respond as soon as possible

Please read this leaflet in conjunction with terms and conditions for Personal Savings Accounts
Your savings with Shawbrook are protected by the Financial Services Compensation Scheme (FSCS). The FSCS protects eligible deposits up to £120,000 per person, per authorised institution, across all accounts you hold with Shawbrook. Any deposits you hold above the limit are unlikely to be covered
We’ll send you a statement on the anniversary of the date of receipt of your first deposit and at closure of your account
Shawbrook reserves the right to withdraw this product at any time. You will not be notified in writing if we withdraw this product from sale
If you change your mind and wish to cancel your application to open an account, you may do so at any time within the first fourteen calendar days from the opening date of your account. Please send a secure message to confirm your request or contact us by telephone
You can transfer out your balance to an alternative ISA provider at any point
To close your account, please send a secure message, call us or send us a letter by post

Enjoy tax-free savings and next working day access to your money

Good for you if

you might need to make withdrawals
you want the tax benefits of an ISA

Consider something else if

you want a fixed rate
you can leave your savings untouched
you want to save with someone else

Apply Now

Existing customers

New customers

Simply choose whether you want to receive your interest monthly or yearly and complete our short application form.

Apply with Monthly Interest Apply with Annual Interest