Save money in a tax efficient way.
You must be a UK resident aged 16+. You can only hold one cash ISA with Royal Bank and must not open another cash ISA with any other provider in the same tax year. Tax free Interest means interest payable is exempt from UK income tax.
Cash ISAs are a simple, tax-efficient way to save. It could make your money work harder than a traditional savings account.
With an ISA, or Individual Savings Account, each tax year you’ll get an ISA allowance. You can save up to this amount each year without paying income tax on the interest you earn.
Royal Bank offer two types of cash ISA, an instant access Cash ISA and a Fixed Rate cash ISA where you can put your money away for 1 or 2 years.
Need to know when applying for a cash ISA
Understand what to do to apply for ISA inheritance allowance or simply how to get started with your cash ISA.
Invest from a choice of five ready-made investment funds, each with a different level of investment risk from 'low' to 'high'.
Have access to your money any time. Withdraw or add more funds, and view your Invest balance in the Royal Bank app.
Eligibility criteria, fees and charges apply.
Your eligible deposits with Royal Bank of Scotland are protected by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.
Find out more about the scheme and how it protects your money.
