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Easy Monthly Saver Cash ISA

If you’d like to save a regular amount, plus keep your hard earned interest away from the taxman, then an Easy Monthly Saver Cash ISA could be for you. Putting away smaller amounts each month is easy to manage. Whatever occasion you’re saving up for, it’s great to watch your savings steadily grow until you’re ready for the big event.

You can start an Easy Monthly Saver Cash ISA with as little as £20. And it’s easy too. Once your preferred method of payment has been set up, you get to sit back and watch your savings flourish knowing that every last penny you earn in interest is completely tax-free*.

Summary Box
Key Product Information for our Savings Account
Account Name Easy Monthly Saver Cash ISA
Interest Rates (AERs) The interest rate is variable. Please be aware that the terms of the account require 12 equal monthly payments^, if fewer than 12 payments are received your interest rate will reduce by 2% for that year View interest rates here.
Tax Status Interest is tax free*
Condition for bonus payment No bonus payments exist for this Account
Withdrawal arrangements You can make one withdrawal per year^ without affecting your rate of interest. If more than one withdrawal is made, or you close your account, your interest rate will reduce by 2% for that year.
Withdrawals of capital cannot be replaced
Access Branch and by post

Features & Benefits

  • Save between £20 and £425 a month
  • Save the same amount each month until your account anniversary
  • Save up to £5,100 tax free in each tax year* - make up to one additional payment per tax year if the amount of your monthly payments means that you won't use your full cash ISA allowance.
  • Interest will be paid annually into this account on the first working day after the anniversary of your account being opened
  • A sole account for those aged 16 and over
  • This Cash ISA is non-Stakeholder Standard
  • Statement based account
  • Option to boost your savings once a year if the amount you are saving monthly means that you won't use your full annual Cash ISA limit
  • Lets you pay monthly by Direct Debit, Standing Order or internal transfer to make saving easy

Although Cash ISAs are a tax free way of saving, this favourable tax treatment depends on individual circumstances and may be subject to change in the future.

^If you fail to make 12 equal monthly payments of the same amount per year, or if you make more than one annual withdrawal or close your account, your interest rate will reduce by 2% for that year.

*For an explanation of terms, such as AER and Tax Free, please see our glossary this link will open the page over the top of your current page.

Britannia is a trading name of The Co-operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS) that would pay compensation to eligible customers in the unlikely event of the Bank becoming insolvent. Find out more

www.britannia.co.uk