e-ISA

If convenience and flexibility are important to you and you are comfortable using a computer, our e-ISA may be right for you.

  • Save online
  • Save from £1 to £15,240
  • Interest is calculated on your daily balance and paid annually into your account
  • Enjoy the benefits of a flexible ISA
  • Transfer money to your linked account whenever you need it
  • Transfer in your existing ISA
  • Closure permitted

Product details

Account name - e-ISA Issue 12

  Interest rate Balance Tax-free^ p.a. AER†
Variable £1 - £15,240 0.90% 0.90%
Open and manage your account online

You can open your e-ISA from the comfort of your own home and you need to be comfortable using a computer and navigating websites. Our e-ISA account gives you the flexibility to:

  • Carry out transactions whenever and wherever you are in the UK
  • View your account and personal details
  • View your balance, transactions and interest rates
  • View and print statements
  • Contact us via secure message 24 hours a day, and we will respond within office hours, usually within 3 working days
  • Print savings tax certificates

If you forget your password and need access to your money, simply contact us and we'll be happy to help.

You can open an e-ISA with just £1

The minimum balance is just £1 and you can save up to £15,240 (the current annual Cash ISA limit) in this tax year. You need to keep at least £1 in your account for it to remain open.

You can transfer money in and out of your account when you want

You don’t have to give notice to transfer out your money. Any transfers out you make will be made to the bank account you choose to link with your e-ISA.

If you invest in your ISA, you are able to make a withdrawal and replace that money before the end of the same tax year, without it contributing any further towards your annual ISA allowance.

Invest your 2016/17 ISA allowance or move your existing cash ISA to us

You can save from £1 to £15,240 (the current annual Cash ISA limit) where you are investing your 2016/17 ISA allowance. 

If you already have a Cash ISA with someone else, you may be able to transfer those savings to Principality. We outline the simple steps to making a transfer when you apply.

Interest is calculated daily and paid on the 6 April every year

Interest is calculated on your daily balance and paid annually into your e-ISA.

Service Charges and Cost Related Charges may apply to your account, these are outlined in our Tariff of Charges.

Variable account rates could increase or decrease. Customers will be given personal notification of any material reduction in interest rates a reasonable time before the change takes effect or, if the Account is a payment services account, 60 days before the change takes effect. To understand why rates may be reduced please refer to page 12 of the Savings Terms and Conditions.

In certain circumstances we may refuse an instruction to operate an account. These circumstances are outlined on page 5 of the Savings Terms and Conditions.

Summary information

Summary Box - key product information for our savings account(s)

Account name - e-ISA Issue 12

  Interest rate Balance Tax-free^ p.a. AER†
Variable £1 - £15,240 0.90% 0.90%

Tax status
Tax-free^

Conditions for bonus payments
Not applicable.

Withdrawal arrangements
You don’t have to give notice to transfer out your money. Any transfers out you make will be made to the bank account you choose to link with your e-ISA. 

If you invest in your ISA, you are able to make a withdrawal and replace that money before the end of the same tax year, without it contributing any further towards your annual ISA allowance.

Access
This ISA can only be opened and managed online.

Service Charges and Cost Related Charges may apply to your account, these are outlined in our Tariff of Charges.

Variable account rates could increase or decrease. Customers will be given personal notification of any material reduction in interest rates a reasonable time before the change takes effect or, if the Account is a payment services account, 60 days before the change takes effect. To understand why rates may be reduced please refer to page 12 of the Savings Terms and Conditions.

In certain circumstances we may refuse an instruction to operate an account. These circumstances are outlined on page 5 of the Savings Terms and Conditions.

Help & guidance

Watch our video guide to savings (04:04)

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Interactive Savings Calculator
Use our calculator to help you choose an account that suits your needs

Terms & conditions

Before you apply for an e-ISA Issue 12 you must:

  • Be comfortable using a computer 
  • Be over the age of 16 
  • Be a UK resident for tax purposes 
  • Have your address details, including postcode to hand 
  • Have an email address 
  • Have your National Insurance number 
  • Have a current account with another UK bank or building society 
  • Be an individual (not joint) applicant. Please note, online accounts cannot be operated under Power of Attorney

e-ISA Issue 12 Account Terms

If you are only transferring previous years’ ISA subscriptions, please enter your initial deposit as £1 on the application form. We will advise you how to make your transfer at the end of the application process.

You can only open one Cash ISA per tax year.

As you will be bound by the Account Terms of the ISA, you must read them. If you do not understand any of the terms and conditions please contact us for further information.

We recommend that you print and keep a copy of these terms and conditions for your records.

Please also read the following:


  • 6th largest UK building society
  • A mutual building society, owned by and run for the benefit of our 500,000 members
  • Over 150 years experience
  • Taking care of over £8 billion of our customers' assets

^ Tax-free means the interest you earn is exempt from UK Income Tax and Capital Gains Tax. Tax treatment depends on your individual circumstances and may not be maintained in future.
† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and compounded once each year.