ISA Accounts

Save with a competitive variable rate!

What to consider before opening an ISA account:

ISA Accounts are suitable for those who can use their personal savings, want a variable rate of interest and save tax free. 

  • ISA Accounts come in many variations so be sure to check that you’re opening the correct ISA for your saving needs. 
  • ISAs can be fixed term, notice or easy access. 
 

For more help, you can get in touch on 01858 412412 or you may prefer to send details of your query to customersfirst@mhbs.co.uk.

Easy Access ISA – Issue 6

2.40% Gross*/AER** variable
Minimum balance £100
Maximum tax-free investment each tax year £20,000
Annual interest
Easy access

Junior ISA  

3.20% Gross*/AER** variable 
Age 17 years or under
Minimum balance £1
Maximum tax-free investment each tax year £9,000
Annual interest

100 Day Notice ISA

4.00% Gross*/AER** variable (New rate 3.50% effective from 27 Mar 2025)
Minimum balance £5,000
Maximum tax-free investment each tax year £20,000
Annual interest
Access with 100 day’s notice or a penalty 

*Interest is paid without tax deducted. Some savers will be required to pay tax on savings interest; this should be arranged directly with HMRC through your tax return.

**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added once each year.