Easy ISA

Our easy access ISA offers tax-free interest on your savings with the added flexibility to withdraw your money if you need it

Easy ISA

What you can get

  • 0.20% AER/tax-free (variable) for savings £1 and over
  • Combine multiple cash ISAs in a single cash ISA with Santander – transfer in ISAs from other providers within 14 days of opening
  • 0.60% AER/tax-free (variable) for savings £40,000 and over


  • You’re a UK resident aged 16 or over


Account name

Easy ISA

What is the interest rate?


AER/tax-free (variable)






Interest is calculated daily and added to this account annually in March

Can Santander change the interest rate?

Yes, the rate can go up or down e.g. in response to industry and market conditions. If the rate goes down, we’ll let you know around 14 days before the rate changes.

What would the estimated balance be after 12 months based on a £1,000 and a £40,000 deposit?


Interest earned

Balance after 12 months








Estimates assume that the account is opened and deposit made on 1st March and no change to interest rates.

These illustrations are only examples and don’t take into account individual circumstances.

How do I open and manage my account?

To open the account you must be:

  • a UK resident, account can only be held in single name; and
  • aged 16 or over.



  • Online and Mobile.
  • Visit any Santander branch.


ISA transfers

You can transfer ISAs in and out at any time.​​​​​​



A subscription is any deposit (or payment) made by you into an ISA.

There is no minimum deposit required. 

The ISA allowance for the 2019/20 tax year is £20,000. 

Deposits can be made at any time via standing order, one-off payments or online transfers.

This Easy ISA is a cash ISA. Please be aware that if your deposits in any given tax year are less than the full ISA allowance for that tax year, you won’t be able to pay into another cash ISA in the same tax year to use the remaining allowance.

You can subscribe your ISA allowance into a cash ISA, a stocks and shares ISA, an innovative finance ISA and a lifetime ISA or a combination of the four. Santander do not offer innovative finance ISAs or lifetime ISAs.

For example, if you subscribe to this Easy ISA you won’t also be able to subscribe to one of our other cash ISAs (including fixed rate ISAs and variable rate ISAs) this tax year.

A tax year runs from 6th April in one year to 5th April the next.

This product doesn’t accept additional permitted subscriptions


Manage the account

  • Online and Mobile Banking branch, telephone and cash machines.
  • A cash card can be requested or the account can be linked to an existing Santander card.
  • Statements are issued annually in March. We provide you with information about transactions on your account by posting them to Online Banking for you to view at any time. You can also request this information in branch or by calling us on 0800 9 123 123.

Can I withdraw money?

Yes,  withdrawals can be made in Online and Mobile Banking, in branch, over the telephone and at any Santander cash machine.

Any money that you withdraw yourself from your Santander ISA will lose its tax-free status and if repaid back into an ISA, will count towards your current tax year’s ISA limit.

We aren’t offering additional flexibility on ISAs but some providers are offering this feature. Those providers may allow you to replace funds that you have withdrawn with them without affecting the ISA limit.

Additional information

You can cancel the account within 14 days of opening and your money will be returned in full with interest.

The tax treatment of ISAs depends on your circumstances and may change in the future. 

The Easy eISA is subject to availability and may be withdrawn without notice. Rates and information correct as at 2 May 2019.

Transferring ISAs from other providers

You can transfer ISAs you have with other providers at any time.

Before you transfer your ISA to us you’ll need to consider these points:

  • We don't charge a transfer fee but other providers may. 
  • You can transfer some or all the money that you’ve paid into an ISA in previous tax years. If you want to transfer money that you’ve paid into an ISA in the current tax year, you’ll need to transfer all of it. 
  • If you transfer an ISA in full to us and have built up previous tax year flexible allowances with your current provider, you’ll lose that allowance when you move to Santander. 
  • If you want to use the flexible allowance you should re-deposit into your existing ISA before you transfer to us.
  • Transferring money out of a Help to Buy: ISA will impact the bonus you may receive.
  • The ISA manager for Santander cash ISAs is Santander UK plc. For Santander stocks and shares ISAs the ISA manager is Santander ISA Managers Limited. This means that transfers between Santander cash ISAs and Santander stocks and shares ISAs should be treated as transfers between ISA providers, not transfers of existing cash ISAs with Santander.

Cash ISA transfer form

Stocks and Shares ISA transfer form (pdf)
Innovative Finance ISA transfer form (pdf)
Lifetime ISA transfer form (pdf)

Transferring other Santander cash ISAs

If you have more than one Santander cash ISA, you can combine any balances into a single cash ISA using the Santander Cash ISA transfer form below. 

Santander Cash ISA transfer form (pdf)


Any money withdrawn from your cash ISA rather than transferred will be considered a withdrawal and will lose its tax free status. If you replace the money back into an ISA it will count towards your current tax year ISA limit.

Everything you need to know before you apply

We recommend reading the information in the documents below before you apply. You may like to save or print them so you can refer to them in the future.

This account also comes with

Online and Mobile Banking
Access to the Santander branch network
Telephone Banking