You must be a UK resident aged 18+. You can only subscribe to one cash ISA with Royal Bank of Scotland 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.
Overlay
Applications for this Fixed Rate ISA are available until 5pm on 07 October 2026 to new-to-bank customers and 12 October 2026 to existing customers. Please note that these offers may be withdrawn early due to limited availability. Early closure charges may apply.
Our savings account terms and conditions are changing from 01 October. Find out more.
Fixed Rate cash ISA interest rates
4.72% AER/Tax-free p.a. (fixed) on a 1 year term or 4.75% AER/Tax-free p.a. (fixed) 2 year term
- Tax‑free savings – Keep all the interest you earn.
- Guaranteed fixed rate – Know what your savings will earn.
- Interest paid annually – Helping your savings grow year after year.
Fixed Rate cash ISA interest rates
4.72% AER/Tax-free p.a. (fixed) on a 1 year term or 4.75% AER/Tax-free p.a. (fixed) 2 year term
- Tax‑free savings – Keep all the interest you earn.
- Guaranteed fixed rate – Know what your savings will earn.
- Interest paid annually – Helping your savings grow year after year.
Opening your Fixed Rate ISA
Whether you are a new or existing customer, you can still open a Fixed Rate ISA with us. T&Cs apply.
Do you bank with Royal Bank?
Get started with your fixed rate ISA
As you're a new customer, we'll need to check your ID before opening your account.
We'll do this by matching your photo ID to a selfie of you. You’ll need a device with a camera to upload these. We may also ask for other ID like proof of address. If you don’t have your ID to hand, you can finish this step later.
Key dates
07 October 2026 by 5pm
As a new customer, this is the last day you can apply and to make any external ISA transfers.
12 October 2026
It’s important we receive the requested information by this date. If we don’t, we’ll be unable to open your account. You'll still be able to apply for our next offer so check back with us on 13 October 2026.
Information Message
Please ensure you read the summary box below before applying.
Already bank with us and want to open a Fixed Rate ISA?
If you already have a current account, credit card, loan or a savings account with us and want to open a Fixed Rate ISA, select apply to begin your application.
Please ensure you read the summary box below before applying.
Interest rates and balance examples
Key dates
Can I withdraw money from a Fixed Rate ISA?
You can withdraw money from your account (in branch or by telephone) until 26 October 2026 at 3:30pm. Partial withdrawals aren’t permitted after that.
If you want to access your money after this cut-off but before the maturity date, you’ll need to ask us to close your Fixed Rate ISA. When your Fixed Rate ISA is closed, we’ll convert it into an Instant Access ISA and then you can access your funds. We’ll charge an Early Closure Charge for doing this.
For more details, take a look at our Fixed Rate ISA Terms (PDF 268 KB) (Term 8).
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.