Cash ISA Savings Accounts
Make the most of your savings and investments and protect your savings interest from the tax man by saving in an ISA. You can choose an immediate access ISA with our Reward Cash ISA (and even earn a 1.25% p.a. gross bonus for no withdrawals every three months) or you could choose a Fixed Rate ISA if you want to guarantee the rate you will get. Saffron is always reviewing its product range so availability of Fixed Rate ISAs and Variable Rate ISAs can change.
As a local mutual, we pride ourselves on offering not only a good range of saving and investment products including our Fixed Rate ISAs and Variable Rate ISAs, but also savings information to ensure your savings work the hardest they can for you.
ISAs are an ideal way to save for the future in a tax efficient way
You can transfer previous and current tax years' subscriptions from other managers to us. Simply complete the transfer section of the application form and we'll do the rest
You may transfer your current tax years' subscription in whole and previous tax years' investments in whole or in part to another ISA manager, at any time, by giving us notice in writing. On receipt of your instructions we will transfer your ISA, or part of your ISA to the ISA manager you specify, subject to any notice period
Good News!
As of 6 April 2010, the annual cash ISA limit has increased to £5,100 for all ISA investors. This means you can save even more, tax-free!
How much can I save in my ISA now?
Limits for ISA savings have changed. On 6th April 2010, the annual Cash ISA limit for all was increased to £5,100. Previously, this limit was only available to those who had turned 50 by 5th April 2010.
Once a customer reaches their Cash ISA limit for the tax year (£5100), they may make no further deposits regardless of withdrawals.
If a current year's subscription for a Cash ISA is transferred to a Stocks and Shares ISA, you are entitled to subscribe to another Cash ISA once the transfer is complete. Subject to the overall subscription limits.
Two Year Fixed Term, Fixed Rate Cash ISA
Earn 3.00% gross p.a./AER Fixed*Our new Two Year Fixed Term, Fixed Rate Cash ISA offers you a fixed rate of interest and protects your interest from the taxman.
One Year Fixed Term, Fixed Rate Cash ISA
Earn 2.50% gross p.a./AER Fixed*Our new One Year Fixed Term, Fixed Rate Cash ISA offers you a fixed rate of interest and protects your interest from the taxman.
Three Year Fixed Rate Stepped Cash ISA
Earn up to 4.00% gross p.a./AER*Our new Three Year Fixed Rate Stepped Cash ISA offers you a higher rate of interest the longer you leave your investment untouched.
Reward Cash ISA (Issue 3)
Our Reward Savings accounts offer you immediate access to your savings and a bonus on your interest for every three months you don't touch your money.
Easy Access Cash ISA
If you are a UK resident aged 16 or over you are able to open this Individual Savings Account (ISA) product and receive an attractive rate of interest tax-free.
