Make the most of your allowance
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Saving and Investing
Make each day count. Explore our tax-efficient ISAs.
You must be a UK resident aged 18+. You can only subscribe to one cash ISA with Royal Bank in current tax year (2025/26) up to £20,000. Tax free interest means interest payable is exempt from UK income tax and Capital Gains Tax. Tax reliefs referred to are those applied under current UK legislation, which may change.
Investing puts your capital at risk. The value of investments can fall as well as rise, and you may not get back the full amount you invest. Eligibility criteria and fees apply.
ISAs explained
Looking to understand more about Individual Savings Accounts (ISAs)? You're not alone.
With that in mind we've put together a video explaining how ISAs work and how to take advantage of your £20,000 ISA allowance.
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Fixed Rate ISA
Minimum deposit £1,000
Fixed interest rate so you know how much interest you'll get paid
Save a lump sum for 1 or 2 years
Take advantage of your £20,000 tax-free savings allowance
Interest paid annually
One and two year Fixed Rate ISA rates:
- With our one year fixed rate, you'll earn 4.00% AER/tax free p.a. (fixed).
- With our two year fixed rate, you'll earn 3.80% AER/tax free p.a. (fixed).
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Instant Access ISA
Start saving with £1
Instant access to your savings with tax-free benefits
Pay money in as you go
Tax-free interest on balances up to £20,000
Interest is calculated daily and paid monthly into your account
Instant Access ISA interest rates:
- For balances up to £24,999 - earn 1.40% / 1.39% AER/tax-free p.a (variable)
- For balances over £25,000 - earn 2.70% / 2.67% AER/tax-free p.a. (variable)
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Stocks and Shares ISA
Start investing from £50
Invest at a risk-level which suits your needs
The choice of five ready-made funds to invest in
Low fees
Could help protect your money from the effects of inflation
- Our Stocks and Shares ISA endorsed as Which? Great Value.
Your capital is at risk. Eligibility criteria and fees apply.
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For Fixed Rate ISA no withdrawals or deposits during the term. Available to new customers until 31 July 2025 5pm. Available to existing customers until 05 August 2025. Please note that these issues may be withdrawn early due to limited availability. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date. Early closure fees may apply.
Saving with a cash ISA and investing with Stocks and Shares and Junior ISAs
Cash ISAs are similar to a regular savings account. The difference is that the interest you earn is tax-free.
Stocks and Shares and Junior ISAs are investment products and so the value of your investments could go up and down depending on market changes.
Each tax year you can contribute up to a total of £20,000 across both a cash ISA and a Stocks and Shares ISA. The annual tax year allowance for a Junior ISA is £9,000 per child.
Help set your child up for success with Junior ISA
Invest on behalf of children aged 13 and under
Give your child a head start. Invest up to £9,000 per child tax-free for the current tax year (2025/26).
You could win £10,000 or one of over 100 other cash prizes
- Set up a monthly investment of £50 into any Royal Bank Invest account; or
- Increase your existing monthly investment by £50
For a chance to win first prize of £10,000, 10 prizes of £1,000 and 100 of £100. Enter by 5pm on 5th October 2025.
T&Cs, fees and charges apply.
Want to transfer an ISA to us?
We can do that!
People tend to switch ISAs to take advantage of competitive rates, low fees or to bring all their ISAs together in one place.
Once you apply for an ISA, simply tell us where you want to transfer your ISA from, and we’ll take care of the rest.
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Who looks after my investments?
Coutts is one of the best-known private banks in the world.
Your investments will be managed by the experts at Coutts & Co and invested in a range of other funds from leading investing managers to spread the risk.
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How is my money protected?
Eligible savings and investments with us are protected up to a total of £85,000 by The Financial Services Compensation Scheme (FSCS). FSCS protects investments and savings with us up to £85,000. This means if NatWest Group were to cease trading, your money is protected.
This doesn’t include losses made as a result of investing.
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