Need To Know
  • New fixed rate cash ISAs

Cash ISA (issue 6)

Benefits to you

  • Competitive variable rate of 1.40% tax-free/AER
  • Low minimum investment of £100
  • Unlimited withdrawals
  • Additions at any time (subject to HM Revenue & Customs limits)
  • Transfers in from other providers are permitted
Interest
rate %
Product name Min opening
balance
Withdrawal options Save up to (Max)
1.40% Cash ISA (issue 6) £100 Easy access £250,000

Summary box

Account name

Cash ISA (issue 6)

What is the interest rate?

Tax-Free/AER: 1.40%

Can Teachers Building Society change the interest rate?

The interest rate for this account is variable, meaning that it can be changed at any time in accordance with section 6.4, 6.5 and 6.6 of the applicable terms and conditions.

What would the estimated balance be after 12 months based on a £1,000 deposit?

The estimated balance after 12 months based on a £1,000 deposit would be £1,014.00 This amount is based on the assumption that all terms and conditions for the account are met. 

How do I open and manage my account?

This account can be opened online or by post. After the account has been opened, it can be managed online or by phone. The minimum opening balance for this account is £100 with a maximum investment of £250,000.

You can save up to £20,000 in each tax year - This can be invested in various types of ISA. For more information regarding the ISA allowance please visit www.gov.uk/individual-savings-accounts.

  • You can register and log in to your account here once opened

Can I withdraw my money?

Withdrawals may be made at any time and without notice. When you wish to make a withdrawal, you can log into your 'My Accounts' service or contact us via telephone to request the funds. The Society will then transfer the money to your nominated account by the Faster Payments Service.

This is not a flexible ISA, therefore any withdrawals made will be taken from the current tax year subscription allowance and cannot be replaced.

If you wish to transfer your ISA to another Teachers Building Society ISA or another provider please contact us.

Additional Information

  • Daily interest
  • Interest paid annually on 5th April

Download Information Sheet

Terms & conditions

We recommend that you review our savings T's and C's before completing an application form.

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