Summary Box

Account Name Fixed Rate e-ISA to 31/12/2020 
What is the interest rate?

Current rates - Effective 8 November 2017

This product pays a fixed** rate of interest of:

Tax-free† p.a. AER*
1.80% 1.80%

Whether you need to pay tax is dependent on your own personal circumstances and so may be subject to change in the future.

† Tax-free means that Interest is not subject to income tax.

* AER stands for the Annual Equivalent Rate and shows you what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.

** Fixed rate of interest means that the interest rate payable on your account will remain the same from the time you open your account until the end of the fixed rate period.


Payment of interest

  •  Interest is calculated daily on cleared balances
  •  Annual interest is paid on 31 December 2018, 31 December 2019 and 31 December 2020 . It can be paid into the Fixed Rate e-ISA account, another Yorkshire Building Society account or another building society or bank account

Can Yorkshire Building Society change the interest rate?

No, the interest rate is fixed until 31 December 2020 .

What would be the estimated balance at the end of the fixed term based on a £1,000 deposit?

At the end of the fixed term your balance would be £1,057.74.

We have worked this out assuming a £1,000 deposit is made on account opening, no further deposits or withdrawals are made throughout the term, the interest earned is added to the account and no changes made to the current interest rate.

This projection is provided for illustrative purposes only and does not take into account your individual circumstances.

How do I open and manage my account?

You have to be at least 16 years old. You must be a UK resident for tax purposes, or be a qualifying Crown employee or married to, or in a civil partnership with a qualified Crown employee. The account can only be held in your name. You may only subscribe to one cash ISA in a single tax year.

Account opening and management
Accounts can be opened online with a minimum of £100.

You will be able to check your balance, interest rates and view transactions on your account online whenever you wish.

The maximum balance is £20,000 for 2017/18 ISA allowance plus previous years’ ISA transfers. Please check with your existing provider if any charges are applicable on transfer.

Deposits are permitted until the Fixed Rate ISA is withdrawn from sale. Please note that you are only permitted to subscribe to one Cash ISA each tax year. This means that if you do not fully utilise the current year subscription amount in this Cash ISA you will not be able to open another Cash ISA during the same tax year. You are still able to subscribe any unused allowance to a Stocks and Share ISA and or Innovative Finance ISA.

ISA Transfer In requests (either with us or other providers) are permitted up to 14 days after the Fixed Rate ISA has been withdrawn from sale. For the transfer in request to be accepted, funds must be immediately available. No additional transfers will be accepted.

Please check with your existing ISA provider for any charges applicable on transfer.

Transferring your ISA

You can transfer some or all of your money saved in previous tax years into a Cash ISA and/or Stocks & Shares ISA and/or Innovative Finance ISA and/or Lifetime ISA without affecting your annual allowance, subject to the product terms of your account. During the 2017/18 tax year only, those who already have a Help to Buy: ISA and held money in that account before 6 April 2017 will be able to transfer this money into a Lifetime ISA without affecting the Lifetime ISA annual contribution limit of £4,000.

You can also transfer money saved in a Cash ISA for the current tax year into a different ISA with the same or a different provider, although you can only hold one of each type of ISA for each tax year. You must transfer the whole amount saved in the current tax year. During the 2017/18 tax year only, money paid into a Help to Buy: ISA on or after 6 April 2017 can be transferred into a Lifetime ISA and will count against the annual contribution limit of £4,000. Transfer charges may apply, please check with your existing provider. Do not transfer any ISA balance yourself otherwise you’ll lose your tax benefits.

Can I withdraw money?

Withdrawals are not permitted during the term other than circumstances covered under the Savings Pledge 2017 for account holder(s) or their immediate family members - critical or terminal illness, death, redundancy, nursing home or elderly care costs, divorce or court order. All withdrawals will result in loss of tax free status. Closure is permitted during the term subject to an amount equivalent to 180 days’ loss of interest on the closing balance. Any loss of interest will be offset against any accrued interest not yet paid. If there is insufficient accrued interest outstanding the charge will be deducted from the account balance prior to closure. Closure for the circumstances detailed above under the Savings Pledge 2017 will not incur a loss of interest on the closing balance. Any early closure (except for transfers to another ISA) will result in loss of tax free status.

On maturity your balance will be automatically transferred into an online instant access cash ISA (or Internet account). You may have the option to transfer the balance into another Fixed Rate ISA without the need to reapply.

Additional Information

Interest earned from your ISA is tax-free and does not contribute to your Personal Savings Allowance.

If you fail to invest in your Cash ISA in a single year, under HM Revenue and Customs rules you will be required to complete a declaration form before you can invest further.

We will advise you of the forthcoming product maturity, generally communicate with you via email. It is very important that you notify us if your email address changes.

How to apply

Before you apply

Please read the Product Terms (248 KB) together with our General Terms and Conditions (149 KB) and the FSCS information sheet (518 KB) before applying online.

Please also refer to our Charges and fees (86 KB) leaflet for details of any charges on our savings accounts.

When you apply for an online account with us, we’ll need to verify your identity and address. For details, check our verifying your identity page.


Complete our simple, straightforward online application form.

If you feel you need additional support before applying for this account, please call us.

0345 744 6622*