Easy Access Cash ISAs

Get easy access to your money while benefiting from tax-free interest

Important note: The Cambridge Building Society does not currently offer an Easy Access ISA product. 

However, we do offer easy access savings accounts (non ISA), which many customers consider when researching flexible options. This page explains how Easy Access ISAs typically work, how they differ from our Notice and Fixed Rate ISA products, and how our easy access savings accounts may suit customers looking for instant access to their money.

 

Easy Access ISA rates

Although we do not currently provide an Easy Access ISA, savers often compare different types of flexible tax free accounts when searching for the Instant Access ISA best rate or the best instant access ISA savings accounts. To help you understand the difference the table below compares:

• The Cambridge’s available ISAs (such as our 100 Day Notice ISA)
• Typical market standard features for an Instant Access ISA
• A reminder that The Cambridge also offers Easy Access savings accounts, (non-ISA) which provide similar flexibility but are not tax free like an ISA. Tax treatment and rate of interest payable will depend on individual circumstances and may change in the future.

This gives savers a clear picture of how our products compare with what’s commonly available elsewhere.

Cambridge ISAs vs. Typical Easy/Instant Access ISA Features

 

100 Day Notice ISA (Cambridge)	Instant Access ISA* (General market example — not offered by The Cambridge)
3.55% Tax free p.a./AER%	Variable rates — means that interest rate can go up or down
Variable interest rate	Variable interest rate
Minimum investment £500	Minimum investment varies by provider
Withdraw with 100 days’ notice, or immediately with a 100 day interest penalty	Instant access with no notice or penalty
Find out more	Features vary by provider

 

Fixed Rate ISAs

Many savers considering Easy Access ISAs also explore Fixed Rate ISAs for guaranteed returns. The Cambridge offers a range of Fixed Rate ISAs for savers who prioritise certainty over full flexibility.

1 Year Fixed Rate ISA	18 Month Fixed Rate ISA	2 Year Fixed Rate ISA
3.75% Tax-free p.a./AER%*	3.80% Tax-free p.a./AER%	3.70% Tax-free p.a./AER%
Fixed interest rate	Fixed interest rate	Fixed interest rate
Minimum deposit £500	Minimum deposit £500	Minimum deposit £500
Early access available with 120-day interest penalty fee	Early access available with 150-day interest penalty fee	Early access available with 180-day interest penalty fee
Find out more	Find out more	Find out more

* The Tax-free rate is the contractual rate of interest payable where interest is exempt from income tax.

Flexible tax free savings

Although The Cambridge does not currently offer an Easy Access ISA, many customers looking for the easy access ISA best rates still find our Notice ISAs provide a good balance between:

• tax free interest
• structured withdrawal options
• accessible saving
• straightforward terms

For customers who want the option of access to their savings, our Easy Access Savings accounts offer instant access outside the ISA wrapper.

 

Your eligibility

You can open a Cash ISA with The Cambridge if you meet ISA scheme criteria:

• Age 18 or over
• UK tax resident
• Able to stay within your annual ISA allowance

Our ISA allowance guide explains the rules in full.

 

Why open a Cash ISA with The Cambridge?

Even though The Cambridge doesn't offer easy access ISAs, we do offer alternative products with similar features.

Savers often look for:

• simple and flexible withdrawals
• tax free interest
• trusted providers

Our Notice ISAs and Fixed Rate ISAs meet many of these needs depending on the account.

 

Opening a Cash ISA with The Cambridge

You can open a Cash ISA in the way that suits you best: in store, by phone or by post.

The minimum amount required to open an account is £500. You can also transfer in funds from another ISA provider or from an ISA already held with The Cambridge.

Opening an Instant Access ISA

We do have Instant Access ISAs available exclusively to customers with a maturing ISA product.

When your existing ISA with The Cambridge reaches maturity, the Instant Access ISA is automatically opened. This gives you time to decide whether it is best to keep an Instant Access ISA or if you want to consider our other Fixed Rate ISA products.

 

How to make a withdrawal from one of our Cash ISAs

You can withdraw money from our Cash ISAs when you need it. How this works will depend on the type of account you have chosen.

With a 100 Day Notice ISA for example, you can choose to give 100 days’ notice to withdraw your money, or withdraw immediately and pay a 100-day interest penalty fee.

The interest penalty is calculated on the amount withdrawn and is taken from the interest earned, not from your original savings.

Withdrawals can be made over the phone, online (via secure message) or in branch to a nominated account. Our standard branch withdrawal limits apply:

can also be made over the phone or online via secure message

• Up to £500 in cash
• Up to £250,000 by cheque
• Larger cheque withdrawals are available on request.

Cheques paid into your account must have cleared for at least four working days before funds can be withdrawn.

 

Frequently Asked Questions

Our friendly team is here to help

If you need guidance choosing the right ISA for you, or you would like to talk through all your savings options at The Cambridge, our experts are here to help. Just pop into your local branch or call us on 0345 601 3344 and let’s chat about how to get the most out of your money.