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Cash ISA

Simple, tax-free savings

Make the most of your tax-free allowance with a Cash ISA. You can save between £1 and £20,000 this tax year and earn 0.85% AER (0.85% tax-free) variable with the freedom to access your money whenever you like.

  • tax free interest 0.85% AER (0.85% tax-free) variable
  • interest is calculated daily and applied monthly
  • instant access by a transfer to another first direct account
  • you can transfer to us from other providers
  • apply online by Online Banking or by post and you can manage your account online, in our mobile app, by post or phone.

Tax-free means free from UK Income Tax and Capital Gains Tax.

AER stands for Annual Equivalent Rate. This shows you what the rate would be if interest were paid and compounded each year.

Important information for first-time buyers

You should know that taking out a first direct Cash ISA may affect your eligibility to subscribe to a Help to Buy: ISA in the same tax year (first direct do not currently offer a Help to Buy: ISA).

How to open a Cash ISA

Existing customers

Log on to Online Banking, select 'Apply' and choose 'Cash ISA' from the left hand menu.

Log on to Online Banking

If you would prefer to speak to us, please call us on:

03 456 100 100

New to first direct

Sorry - our Cash ISA is only available to first direct Current Account customers (you're more than welcome to join us...)

More about our current account

You can also talk to us anytime on:

03 456 00 24 24

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Stocks & Shares ISA

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Contact us

Let's talk about savings

Any time, day or night - there's always a real person on hand to help.

New to first direct?

03 456 00 24 24

Existing customer

03 456 100 100