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Royal Bank of Scotland ISAs

See your savings pot grow with our tax-free Instant Access ISA

Grow your savings without paying tax on the interest you earn. A cash ISA offers a simple way to save smarter.

 

  • Get instant access to your money for peace of mind.
  • Build up your tax-free savings using your £20,000 ISA allowance.

You must be a UK resident aged 18+ and an existing Royal Bank of Scotland current account customer. You can only subscribe to one cash ISA with Royal Bank of Scotland in this tax year up to £20,000. Tax free interest means interest payable is exempt from UK income tax. Tax reliefs referred to are those applied under current UK legislation, which may change.

On this page

Overview Open in new window
Interest rate Open in new window
Opening and managing your account Open in new window
FAQs Open in new window
Apply now Open in new window

What is a cash ISA and how does it work?

Pay money in as you go and get instant access to your savings.

Save up to £20,000 in this tax year in an Instant Access ISA, without having to pay tax on the interest you earn.

Transfer ISA balances from other providers after opening your new RBS ISA. Learn how to transfer an ISA.

Get annual interest payments into your account.

Yellow box with coins

You could win £10,000 with our ISA Prize draw

Or 110 other cash prizes, including 10 prizes of £1,000 and 100 prizes of £100. 

Every £50 deposited equals one entry.

For a chance to win:

  • Make a payment or transfer of £50 or more into an ISA; or
  • Set up a new regular monthly payment or increase existing monthly payment by £50 or more.
  • If you already pay into an eligible ISA, you're automatically entered. You'll receive one entry for every qualifying £50 added.

Eligible accounts include Fixed Rate ISA, Instant Access ISA, Stocks and Shares ISA and Junior ISA.

Entry open until 11th January 2027 subject to the eligibility criteria and exclusions.                T&Cs, fees and charges may apply. When investing your capital is at risk.                                  Free entry route available.

See offer Open in new window

Summary Box

Account name: Instant Access ISA

Interest rates and balance examples

Balance AER (variable) / Tax-free p.a.
£1 - £24,999 1.15%
£25,000+ 2.45%
Information Message

Interest is paid on a tiered basis. This means you'll earn one rate on your entire account balance. Interest is calculated daily and paid into your account on the first business day of April and at account closure.

Initial deposit at account opening Balance after 12 months Interest earned
£1,000.00 £1,011.50 £11.50
£25,000.00 £25,612.50 £612.50
Information Message

These are only examples and do not take into account your individual circumstances. They assume that no further deposits or withdrawals are made; there is no change to interest rates and tiers; and any interest earned stays in the account.

Frequently asked questions

Get ready to apply

Before you apply, we need to check you're happy with a few things. And ask you a few questions up front. Then we can make your application as quick and simple as it can be.

First things first. Please take a look at the important legal info:

If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. Please take some time to review, print and/or save the important information.

How your information might be used

It’s important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

As part of the checks that we will complete to verify your identity, we’ll take an image of your face so that it can be compared with your photo ID and this biometric data is captured.

 

All okay? You're nearly ready to start.

Please take your time to read the summary of information box and make sure this savings account is right for you.

Unsure? Compare our savings accounts

To speed up your application for our Cash ISA account, we need to do a few final checks with you. They'll only take a minute.

Continue
Do you have our Royal Bank app on a mobile device?
If you're registered for our app on a mobile device, we can pre-fill some of your info, making the application process faster.
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Great, let's get your application started.

Remember, to apply for a Cash ISA, you must: 

  • Have your National Insurance number. You’ll find it on your payslip, P60 or any letters from HMRC.
  • Be at least 18 years old and a permanent UK resident, or a Crown Servant serving overseas, their spouse or civil partner.
  • Have a phone number and email address we can contact you on.

Using a desktop or have the app on another device?

Simply scan the QR code with your mobile or tablet device that has the Royal Bank app and we'll get you started.  

Can't scan the QR code?

Using your mobile or tablet device now?

If you're already using a device with the Royal Bank app, select the 'Start your application' button below.

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Do you use Digital Banking?
If you log in to Digital Banking we can pre-fill some of the application for you.
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Next

Log in to Digital Banking

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Digital Banking pin and password.
  3. Once you're logged in, select 'Savings accounts' from the product list. 
  4. Finally, choose the account you want to apply for and complete your application.

Remember, to apply for a Cash ISA, you must: 

  • Have your National Insurance number. You’ll find it on your payslip, P60 or any letters from HMRC.
  • Be at least 18 years old and a permanent UK resident, or a Crown Servant serving overseas, their spouse or civil partner.
  • Have a phone number and email address we can contact you on.
Previous
Log in now

Let’s get you registered for Digital Banking

You’ll need to sign up for Digital Banking with us in order to apply for a savings account. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your Royal Bank Debit Card, if you have one.

Once you’ve registered, select ‘Next’ to log in and apply for a Cash ISA account. 

Previous
Next

Log in to Digital Banking

  1. Enter your customer number or 16-digit card number to get started. 
  2. You'll then need to enter your Digital Banking pin and password.
  3. Once you're logged in, select 'Savings accounts' from the product list. 
  4. Finally, choose the account you want to apply for and complete your application.
Previous
Log in now