Easy Access Cash ISA
3.55% AER

Account name

Easy Access Cash ISA

Expected Profit Rate (EPR)

3.55% AER/Gross p.a. - Annual Profit
3.55% AER / 3.49% Gross p.a. - Monthly Profit

Can Gatehouse Bank change the expected profit rate?

Yes, the expected profit rate is variable. We can increase or decrease the rate for any of the reasons set out in our Savings Terms and Conditions.

We will provide you with 30 days' notice of any reduction to the expected profit rate applicable to your account.

What would be the estimated balance be at the end of 1 year based on a £1,000 deposit?

£1,035.50

Please note: This projection is provided for illustrative purposes only and does not take into account customer's individual circumstances. The projection is based on no withdrawals or further deposits being made and profit being paid annually and away from the account.

How do I open and manage my account?

New customers can open an account online using the ‘apply now’ button.

Existing customers should simply login to your account and go to 'Open New Account'.

To apply for an account you must be at least 18 years old, a UK resident (or resident in the UK for tax purposes) and you will require your bank account details along with your mobile phone number. Once opened, you can manage your account online 24/7 and by using our Savings App.

Minimum deposit - £1
Maximum deposit - £250,000

Please note the maximum amount that can be subscribed to a Cash ISA per tax year is £20,000.

How do I fund my account?

We will apply the profit rate shown on our website, or a higher rate if we have increased it, provided that you send us your deposit amount by bank transfer or cheque within 30 days of making your application. Please be aware that if we have not received your deposit amount as cleared funds within 30 days of making your application, the account will not be opened and you will need to reapply.

Funds sent to your Cash ISA must be from your nominated account. Transfers from existing ISA accounts you hold are permitted.

Can I withdraw money?

Under HMRC ISA Subscription rules you can withdraw money from this tax year or previous tax years. Withdrawals are permitted at any time without penalty.

You can withdraw money from your Cash ISA by logging in to your account. Withdrawals will be paid back to your nominated account.

Additional Information

You can elect to have profit paid annually or monthly, either to your savings account, your nominated account or another suitable account in your name. Profit will be paid annually (on the account opening anniversary) or monthly. Profit earned is tax free and will not count towards your Personal Savings Allowance. This means that we will not deduct any income tax from the profit payments you receive on your Gatehouse Bank deposit.

New customers can open an account online using the ‘apply now’ button.

Existing customers should simply login to your account and go to 'Open New Account'.