Log in to Personal Banking Skip to content
  1. Home
  2. Our products
  3. Savings
  4. ISAs
  5. Britannia Fixed Rate Cash ISA fixed until 31 October 2018

ISAs provided by:

britannia logo

Britannia Fixed Rate Cash ISA fixed until 31 October 2018

Make the most of your ISA allowance and earn a fixed rate of interest.


  • Earn an interest rate of 0.90% tax-free AER, paid annually.
    • This rate applies to the fixed rate cash ISA launched on 05 October 2017 and is fixed until 31 October 2018.
  • Open an account with between £5,000 and £20,000, if using your 2017/2018 ISA tax allowance.
  • You can also open an account for £1 if you’re transferring your previous years’ cash ISA with Britannia or another provider.
  • No further deposits are allowed into this account after the product has been withdrawn, so if you are depositing less than your annual ISA limit this will restrict the amount you can hold in a cash ISA in this tax year.
  • You can make withdrawals before the account reaches maturity by post or in branch, but you’ll lose 180 days’ worth of interest on the amount you withdraw.
    • If you’ve earned enough interest to cover this charge, the funds in your account will not be affected.
    • However, if you withdraw from or close this account before you’ve earned enough interest, we’ll take the remainder of the charge from the funds in your account.
  • Available as a sole account only.
  • Comes with a passbook.
  • Your account will mature on 1 November 2018 and your money will be transferred to a variable rate instant access cash ISA.
    • This is a limited issue product and may be withdrawn without notice at any time.

Summary Box for Britannia Fixed Rate Cash ISA fixed until 31 October 2018

  • The information provided below is a summary of the key features of our Fixed Rate Cash ISA fixed until 31 October 2018 and is not intended to be a substitute for reading its terms and conditions.

Account name


Britannia Fixed Rate Cash ISA fixed until 31 October 2018

What is the interest rate?


Interest paid annually
Tax-free 0.90% AER 0.90%
  • Interest is calculated daily and will be paid into your account after close of business on 31 October each year.

Can Britannia change the interest rate?


No, the interest rate on your account is fixed and will not change until 1 November 2018.

What would the estimated balance be at the end of the fixed term, based on a £5,000 deposit?


Initial deposit at account opening £5,000.00
Balance on 1 November 2018 £5,045.00
Interest earned £45.00

We have worked this out assuming:

  • You made a £5,000 deposit on an account opening date of 1 November 2017.
  • You haven't made any additional deposits or withdrawals.
  • We added interest to your account at the close of business on 31 October 2018.

How do I open and manage my account?


Can I apply for this account?

To apply, you must be:

  • A UK resident (for tax purposes).
  • Aged 16 or over.
  • This account can only be opened as a sole account.

How do I apply for this account?

You can apply for this account:

  • Online.
  • In branch by speaking to one of our advisers.
  • Over the phone.

Is there a minimum and a maximum balance?

  • If using any of your 2017/2018 ISA allowance - the minimum subscription and minimum balance is £5,000.
  • If transferring in ISAs from previous tax years either with us or with another provider - minimum balance is £1.
  • The maximum ISA subscription for the 2017/2018 tax year is £20,000.
  • The maximum total balance you can hold in this account is £1,000,000.

How do I make deposits into this account?

You can pay into this account with either cash, cheque, or by transfer from another account held with us.

We can withdraw this product without notice at any time. No further deposits are allowed into this account after the product has been withdrawn, so if you are using any of your 2017/2018 ISA allowance, but you deposit less than your annual ISA limit, this will restrict the amount you can hold in a cash ISA in this tax year. This is because you can only pay into one cash ISA in each tax year, and you won't be able to pay any more into this cash ISA. However, you will still be able to invest in another type of ISA (e.g. a stocks and shares ISA) with another provider, up to the annual ISA limit, if you wish.

You can transfer your cash ISA to us by providing us with a completed ISA transfer authority form.

How do I contact you to discuss this account?

You can contact us by telephone or in branch to discuss this account.

Can I withdraw money?


Yes, however, withdrawals or closures before 1 November 2018 will be subject to a charge equivalent to 180 days loss of interest at the fixed rate on the amount withdrawn. The charge will be taken from interest earned but not yet paid; if you do not earn enough interest to cover this charge, the balance will be taken from the funds in your account.

You can make withdrawals through the following ways:

  • Branch withdraw cash/cheques over the counter.
  • Post you can request cheque withdrawals. Withdrawal forms for you to complete are available on request.

The account will mature on 1 November 2018 when your money will be transferred into an instant access variable rate cash ISA unless you have provided us with your maturity instructions. We'll send you a letter before your maturity, to remind you of your maturity date and to let you know what options are available to you, when considering what you'd like to do with your money.

Additional information


This is a limited issue product and may be withdrawn without notice at any time.

Interest earned from this account will not count towards any of your available personal savings allowance.

All interest earned from your ISA will be free of both Income and Capital Gains Tax.

You cannot subscribe to a cash ISA with us if you have already contributed to another cash ISA in the same tax year, or if you have already invested the full ISA allowance in another type of ISA in the same tax year.

Any reference to tax is based on our understanding of current tax regulations which may change in the future and depends on your individual financial circumstances.

Tax Free - The contractual rate of interest payable where interest is exempt from income tax.

AER - Stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Tax-year - A tax year runs from 6 April to 5 April the following year.

To apply, you need to be:

  • A UK resident (for tax purposes).
  • 16 or over.

Approval is based on an assessment of your personal circumstances.

Ready to apply?

Please read our terms and conditions, Britannia Savings Summary of Changes to terms and conditions with effect from 13th January 2018 and other important documents before applying.
  • All the information you’ve read so far (e.g. features, eligibility) can be found in the important documents below. We recommend that you save a copy of these important documents for future reference.

Transfer in

If you would like to transfer an existing cash ISA account (held with us or another provider), please print and complete the Cash ISA application pack below. You’ll find the return address provided in the pack.

  • Make sure to name which ISA you are transferring into when filling out the final section of the ‘ISA Transfer Application Form.’ i.e ‘Fixed Rate Cash ISA fixed until 31 October 2018.’
  • Please note, to transfer in you will need to meet the same eligibility criteria, and acknowledge the same recommendations, as new savings customers.

Fixed Rate Cash ISA fixed until 31 October 2018 - ISA Transfer application pack

Download Fixed Rate Cash ISA fixed until 31 October 2018 - ISA Transfer application pack PDF (1.47MB)

Important documents

Please note: our terms and conditions are changing with effect from the 13th January 2018. Please see the attached Britannia Savings Summary of Changes document which explains what we’re changing and why.

Product Specific Terms and Conditions & Summary Box (which contains interest rates)

Download Product Specific Terms and Conditions & Summary Box (which contains interest rates) PDF (886KB)

Summary of changes to our Britannia Savings Terms and Conditions with effect from 13th January 2018.

Download Summary of changes to our Britannia Savings Terms and Conditions with effect from 13th January 2018. PDF (114KB)

Britannia General terms & conditions

Download Britannia General terms & conditions PDF (979KB)

ISA Options & information (which forms part of the Keyfacts)

Download ISA Options & information (which forms part of the Keyfacts) PDF (903KB)

How we use your personal information

Download How we use your personal information PDF (290KB)

Any reference to tax is based on our understanding of current tax regulations which may change in the future and depends on your individual financial circumstances.

The Co-operative Bank reserves the right to decline or accept any application and/or deposit.

  • Remember you can subscribe to a Co-operative Bank/ Britannia Cash ISA as long as you have not subscribed to another cash ISA with another provider in the same tax year.

smile, The Co-operative Bank and Britannia are trading names of The Co-operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS).