Individual Savings Accounts (ISAs)
Tax-efficient savings and investments
- A total ISA allowance of £7,200 each tax year
- Save up to £3,600 tax-free with a Cash ISA
- Invest the balance up to a maximum of £7,200 in a Stocks & Shares ISA
- If you are currently with another provider and would like to move your Cash ISA savings, we'll help you transfer your ISA. Saving with us couldn't be easier with our free transfer service. (Your current provider may charge a fee to transfer and you should check this with them).
Are you paying too much tax on the interest your hard-earned savings make for you? Maximise your savings with a tax-efficient Individual Savings Account (ISA). Each tax year you have a total of £7,200 that may be invested in an ISA. This gives you the opportunity to save up to £3,600 in a Cash ISA and invest the balance in a Stocks & Shares ISA (£7,200 less any savings in a Cash ISA).
How to apply
- Call us direct on 0800 587 5000 (open Monday- Friday 8am - 8pm, Saturday 9am-5pm)
- Apply online by downloading an Application Form
- For further information visit your local Yorkshire Bank branch
What you get
Enjoy the benefits of saving tax-efficiently
- A total ISA allowance of £7,200
- Open a Cash ISA with just £10 and save up to £3,600 tax-free in each tax year
- Invest the balance of your allowance in a tax-efficient Stocks & Shares ISA each tax year
- Why pay extra tax when you don’t have to?
Anyone aged 16 years or over is eligible to apply for a Cash ISA and for a Stocks and Shares ISA applicants must be 18 or over. You must be resident and ordinarily resident in the United Kingdom.
The value of an investment and any income from it may fall as well as rise. In the case of a Stocks and Shares ISA, the original investment is not guaranteed and you may not get back what you invested.
The value of any tax benefits to you depends on your individual circumstances, the Law and Her Majesty's Revenue and Customs (HMRC) practice which are subject to change. The proceeds of an ISA are currently free from UK Income Tax and Capital Gains Tax.
For your security, calls may be monitored or recorded.