An online cash ISA that pays interest on your savings and gives you instant access to your money through Online and Mobile Banking


What you can get

  • 0.35% AER/tax-free (variable) for 12 months
  • Combine multiple cash ISAs in a single cash ISA with Santander – transfer in ISAs from other providers within 14 days of opening


  • You’re a UK resident aged 16 or over
  • You open the account with £500 or more
  • You sign up for Online or Mobile Banking

Account name

eISA (Issue 7)

What is the interest rate?

AER/tax-free (variable) for the first 12 months from account opening



eISA for 1|2|3 World or Santander Select Customers





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 deposit?

Account name

Interest earned 

Balance after 12 months




eISA for 1|2|3 World or Santander customers




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


At the end of term

The term of the account is 12 months. On maturity, we’ll transfer your account to an ISA Saver, currently paying 0.35% AER/Gross (variable) for balances of £1+ and 0.60% AER/Gross (variable) for balances of £10,000+. We’ll notify you before we do this and tell you your options.

Estimated balance of ISA Saver after 12 months


Maturing account balance transferring to ISA Saver

Interest earned

ISA Saver balance after 12 months

eISA - £1,003.50



eISA for 1|2|3 World or Santander Select
customers - £1,006.50




Estimates assume no further deposits or withdrawals made 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; and
  • signed up or are going to sign up for Online or Mobile Banking.

To be eligible for the higher interest rate you must be a 1|2|3 World or a Santander Select customer at point of opening.



  • 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.

Minimum opening balance of £500. You can open the account with a zero balance if you are transferring in existing ISAs with a balance of at least £500.

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 eISA is a cash ISA. Please be aware that if your deposits for 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 eISA 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.
    • A cash card can be requested or the account can be linked to an existing Santander card.
    • Statements are issued annually in March in Online Banking only. We provide you with information about transactions on your account by posting them to Online Banking for you to view at any time.

    Can I withdraw money?

    Yes,  withdrawals can be made at any time by transfer to another account in Online and Mobile Banking.

    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. 

    Subject to availability and may be withdrawn without notice. Rates and information correct as at 2 July 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 with text and email alerts
    Access to the Santander branch network
    Telephone Banking