Legal information


Instant Access ISA

Important information for Instant access cash ISA customers

ISAs can be made up of cash or stocks and shares. 

You can have one Cash ISA and one Stocks and Shares ISA per tax year. These can be held with different ISA providers

The Instant Access Cash ISA is only available to private individuals who are aged 16 or over, are resident and ordinarily resident in the UK for tax purposes or otherwise qualify under the ISA regulations.

This account is only available to you if you have not subscribed to another Cash ISA, or you have not invested the maximum amount in a Stocks and Shares ISA in the tax year in which a subscription is made to the account.

You can open an Instant Access Cash ISA with as little as £1.

Because of their tax advantages, there is a limit on how much you can deposit in Cash ISAs during any tax year. This limit is currently £5,640 per tax year. Once you have deposited the maximum allowed, you won't be able to make any more deposits in that tax year, even if you have made withdrawals.

New customers will be asked to provide proof of identity including verification of address.

All references to ISAs should be read in conjunction with the RBSUTM ISA pages of the RBS Savings and Investment site. To access these please double click on equity Individual Savings Accounts.

Tax reliefs referred to are those applying under current legislation which may change. The favourable tax treatment for ISAs may not be maintained. The availability and value of the reliefs will depend on your individual circumstances. The value of investments and any income from them can fall as well as rise, and an investor might not get back the original amount invested in an investment.

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