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Cash ISA or stocks & shares ISA?

ISAs offer a different way to save tax efficiently depending on your circumstances, requirements and attitude to risk. There are two types of ISA - cash ISAs and stocks and shares ISAs.

Not sure which is best for you? Find the right ISA for your saving needs with the ISA decision tool.

 Cash ISA

  • Deposit-based savings with The Co-operative Bank.
  • Earn tax-free interest on your savings.
  • Save up to £5,640 in the 2012/13 tax year
  • No notice periods - get your money whenever you need it (minimum withdrawal of £10).
  • Our current interest rate is 0.50% AER*.
  • Run your account by phone, branch, or online 24/7.
  • Quick setup
  • Easy to pay money in.
  • Start saving from as little as £1.

Find out more

 Stocks & shares ISA

  • Through our relationship with AXA you can invest in a stocks & shares ISA.
  • A medium (at least 5 years) to long term (over 10 years) investment.
  • Invest up to £11,280 in the 2012/13 tax year (less any amount invested in a cash ISA).
  • You can invest in a range of funds allowing you to select the funds best suited to your needs.
  • The minimum investment in a stocks & shares ISA is £500 per fund.
  • The minimum monthly investment is £50 per fund.

Find out more

Britannia Cash ISAs

As a result of our merger with Britannia, there are now more great ways for our customers to save and we are pleased to offer you a range of Britannia Cash ISAs.

Britannia Fixed Rate Cash ISA for main current account customers

Britannia and The Co‑operative Bank would like to say thank you to our customers who have made us their main bank.

You can have Britannia’s best Fixed Rate Cash ISA deal, as long as you either currently have an existing or open a new Qualifying Current Account^ and switch your direct debits and standing orders, and credit a minimum of £800 to this account every month.

Existing customers

^You need to either have an existing qualifying current account with The Co-operative Bank or open a qualifying current account and switch your direct debits and standing orders. The qualifying current accounts are; Current Account, Current Account Plus, Privilege current account, Privilege Premier current account, Student current account, Cashminder account, smile current account, smilemore current account.

*AER means the Annual Equivalent Rate and illustrates the contractual rate of interest as if paid and compounded each year.