Making the most of your ISA
Our tax-free savings guide could help you give your savings a boost.
View guideAnnual Cash ISA allowance
The annual Cash ISA allowance for the 2024/2025 tax year is £20,000.
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The great news is that you have an Individual Savings Account (ISA) allowance. Your current ISA allowance lets you save up to £20,000 each tax year into a Cash ISA or Stocks and Shares ISA without paying tax on the interest you earn.
It’s also worth remembering you can transfer existing ISAs you have over to us if you find an account you like.
So, if you're looking for a tax-free way of saving, check out our range of ISAs below.
Our tax-free savings guide could help you give your savings a boost.
View guideThe annual Cash ISA allowance for the 2024/2025 tax year is £20,000.
| Minimum to open | Annual Interest Rate | Bonus | Withdrawal Conditions | Account Access | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 60 Day Notice ISA (Issue 1) | £1 |
4.35% AER 4.35% Tax-Free i
Interest is paid yearly or monthly. If you choose to have your interest paid yearly, we’ll pay it on 30 April. We can add it or pay it into another account. If you choose to have your interest paid monthly, it must be paid to another account. We’ll pay it on the first day of the month. |
No | You can take your money out by giving us 60 days’ notice. Any earlier and there will be a charge of 60 days’ loss of interest. |
Online For WeBSave accounts – once opened you can manage this account online via our WeBSave login. For all other accounts – once opened you can view this account online via our savings portal. |
60 Day Notice ISA (Issue 1) | ||||||||||||||||||||||||||||||||||
| Double Access ISA (Issue 3) | £1 |
up to 4.25% AER up to 4.25% Tax-Free i
Interest is variable and paid yearly or monthly. If you choose to have your interest paid yearly, it will be paid on 30 April. If you choose to have your interest paid monthly, it must be paid to another account. It’s paid on the first day of the month if paid to another West Brom account, or on the last working day of each month for accounts with another bank or building society. |
No | You can take your money out at any time. You'll get a lower interest rate if you take your money out more than two times. |
Online For WeBSave accounts – once opened you can manage this account online via our WeBSave login. For all other accounts – once opened you can view this account online via our savings portal. |
Double Access ISA (Issue 3) | ||||||||||||||||||||||||||||||||||
| 1 Year Fixed Rate ISA | £1 |
3.85% AER 3.85% Tax-Free i
We’ll pay your interest at maturity on 31 May 2026. We can add it to your account or pay it into another account. |
No | You can take your money out but there will be a charge of 90 days’ loss of interest. |
In branch Once opened, you can manage this account in branch. Use our branch finder to find your nearest branch. Online For WeBSave accounts – once opened you can manage this account online via our WeBSave login. For all other accounts – once opened you can view this account online via our savings portal. By post Once opened, you can manage this account by post. |
1 Year Fixed Rate ISA | ||||||||||||||||||||||||||||||||||
| 2 Year Fixed Rate ISA | £1 |
3.80% AER 3.80% Tax-Free i
We’ll pay your interest yearly starting on 31 May 2026. We can add it to your account or pay it into another account. |
No | You can take your money out but there will be a charge of 150 days’ loss of interest. |
In branch Once opened, you can manage this account in branch. Use our branch finder to find your nearest branch. Online For WeBSave accounts – once opened you can manage this account online via our WeBSave login. For all other accounts – once opened you can view this account online via our savings portal. By post Once opened, you can manage this account by post. |
2 Year Fixed Rate ISA | ||||||||||||||||||||||||||||||||||
| Additional Permitted Subscriptions ISA | £10 |
up to 2.25% AER up to 2.25% Tax-Free i
Your interest is variable and will be paid once a year, calculated to 5 April and paid on 6 April. It can be added to your account or paid into another account. |
No | You can take your money out at any time. |
By post Once opened, you can manage this account by post. |
Additional Permitted Subscriptions ISA | ||||||||||||||||||||||||||||||||||
| Limited Access ISA (Issue 1) | £1 |
up to 2.75% AER up to 2.75% Tax-Free i
Interest is variable and paid yearly or monthly. If you choose to have your interest paid yearly, we’ll pay it on 30 April. We can add it or pay it into another account. If you choose to have your interest paid monthly, it must be paid to another account. We’ll pay it on the first day of the month. |
No | You can take your money out at any time. You'll get a lower interest rate if you take your money out more than six times. |
In branch Once opened, you can manage this account in branch. Use our branch finder to find your nearest branch. Online For WeBSave accounts – once opened you can manage this account online via our WeBSave login. For all other accounts – once opened you can view this account online via our savings portal. |
Limited Access ISA (Issue 1) | ||||||||||||||||||||||||||||||||||
| West Brom Saver ISA | £1 |
2.25% AER 2.25% Tax-Free i
We'll pay your interest once a year on 6 April (calculated to 5 April). It can be added to this account or paid into another account. |
No | You can take your money out at any time. |
In branch Once opened, you can manage this account in branch. Use our branch finder to find your nearest branch. By post Once opened, you can manage this account by post. |
West Brom Saver ISA | ||||||||||||||||||||||||||||||||||
Important information
AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year.
Tax-free means you will not pay income tax on the interest you earn.
ISAs are a savings scheme set up by the Government and they can change the rules at any time.
Chat to our friendly Customer Service team today.
0345 241 37858:30am to 6pm Monday to Friday
8:30am to 12:30pm on Saturday
You can also pop in to your local branch or book an appointment.
Book an appointmentYour eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.
