Woman with red scarf weaving at camera

Smart saving
for every moment

A quick introduction to our Flexible Cash ISA

Our Flexible Cash ISA helps you grow your money tax-free* (up to the annual ISA allowance) while staying prepared for life's surprises. Save and withdraw whenever you need, and you’ll always benefit from our Best Rate Guarantee.

What you’ll enjoy

What you’ll enjoy

Plan your tax-free savings with our Ford Money Cash ISA

Calculate your interest

Please use our calculator as an estimate only, your rate may go up or down over your saving term. Moving money in and out of your account will also affect your interest amount.

Why choose the Flexible Cash ISA?

 

Woman smiling on a beach

 

Freedom to save and withdraw

Freedom to save and withdraw

Whether it’s a sunny-day pot or the peace of mind knowing you can adapt, our ISA offers unlimited penalty-free withdrawals and deposits, keeping your ISA allowance intact too for withdrawals within the same tax year.
 

Men holding a baby in the garden

 

Smarter saving

Smarter saving

 

With Ford Money’s Best Rate Guarantee, we take care of your savings so they’re always growing at the best rate we offer for this product – automatically. No checking, no chasing, no stress, you’ve got enough on your plate.

View on the beach

 

Keep more in your pocket

Keep more in your pocket

 

Our Flexible Cash ISA enables you to keep every penny of interest, up to your annual ISA allowance.

Women waving on the beach

 

We’ve got you covered

We’ve got you covered

 

Your savings deserve more than security - they deserve peace of mind. Backed by FSCS protection and the trusted Ford name, the Flexible Saver gives you confidence to focus on what matters most.
 

Flexible Cash ISA Summary Box

  • Current Interest Rate: 4.35% AER* (Tax-Free*) (4.35% Gross* yearly, 4.27% Gross* monthly)

    From the day we receive your initial deposit, your Flexible Cash ISA will earn interest daily, based on the balance at the end of each day. This is calculated as 1/365th of the yearly rate. Transfers from existing Cash ISAs usually take 15 business days to show in your account. Interest can be paid yearly or monthly and can be paid into:

    • This Flexible Cash ISA
    • Any other Ford Money savings account you have (subject to its Terms and Conditions)
    • Your Connected Bank Account
  • Yes – this is a variable rate product so we may increase and decrease your interest rate. If we decrease your interest rate, we’ll give you at least 14 days’ notice. For increases, we will update you as soon as possible.

  • £1.043.50 based on £1,000 over 1 year at 4.35%

    This example is given for illustrative purposes only and it doesn’t reflect your specific circumstances. It’s based on no extra money being moved in or out of the account and assumes that your interest is being added to the account. The estimated balance is based on the yearly interest rate

  • Open and manage your account online. Move money in from your Connected Account or from an existing Ford Money account. You must open the account with at least £1. Make sure to move this into the account within the first 21 days of opening the account. Maximum balance up to £2,000,000 (excluding interest). This amount is combined across all the accounts you have with us.

    You can withdraw and replace money from your Ford Money Cash ISA in the same tax year without losing any of your tax-free entitlement. For more details on ISA flexibility visit the HMRC website. The maximum amount of money you can put into a Cash ISA per tax year is set by HMRC ISA Guidelines.

  • You can move money out of the account, or transfer it to another ISA provider, at any time. You won’t need to give us notice and you won’t lose any interest you’ve earned.

    If you request to move money out of your account before 1pm on a working day (Monday – Friday), your money will reach your Connected Account by close of business the same day. If you request after 1pm, the money will arrive in your Connected Account the next working day (Monday – Friday, excluding public and seasonal holidays).

  • Your savings are protected under the Financial Services Compensation Scheme (FSCS) Protection. It protects up to £85,000 (or £85,000 each, for joint account holders) of the money in your Ford Money accounts. If you have more than one account with Ford Money or share a joint account, the amount protected by the FSCS will be £85,000 across them all. For more information, visit the FSCS website.

  • You can ask to transfer current or previous ISA savings into your Ford Money Flexible Cash ISA during the application process. Or, if you already have a Cash ISA with us you can download a transfer form below.

    Transfers must be completed within 21 calendar days of the date we receive your application.

    A Cash ISA transfer form is available as a downloadable PDF here.

    A Stock and Shares ISA transfer form is available as a downloadable PDF here.

    You can transfer your balance to another provider at any time without charge. You’ll need to contact your new provider and ask them to request a transfer from us.

  • If you decide the Flexible Cash ISA isn't for you, you can cancel within the first 14 calendar days of making your first deposit.

  • You can split your Cash ISA yearly allowance (the maximum amount of money you can put into a Cash ISA per tax year is set by HMRC ISA Guidelines) between any of our Cash ISA products. You can also hold multiple ISA accounts across different providers as long as you do not exceed the maximum amount set by HMRC in any one tax year.

    If you need to transfer out the money you have put into your ISA account with Ford Money in the current year, you'll need to contact your alternative provider to determine if they will accept current year's subscriptions under the new HMRC guidelines.

    Tax treatment is dependent on the personal circumstances of each customer and may be subject to change in the future.

 The information given above is a summary of the key features of the Ford Money Flexible Cash ISA and is not intended to be a substitute for reading the Product Terms and Conditions.
Please make sure you have read the Product Terms and Conditions before applying.

Ready to start saving?

Let’s make saving effortless, apply for an account in minutes.


Get started

  1. Find your match

    Explore our savings accounts and select the best fit for your financial goals.

  2. Complete your application

    Enter the required details, review the T&C's and then hit submit.

  3. Start your savings journey

    Once approved, make that all-important first deposit and you're on your way.


Get started

Your Flexible Cash ISA FAQs

What they’re saying

Hear from our Cash ISA customers

Hear from our Cash ISA customers

Two people taking selfie

Friendly, knowledgeable customer service advisors

 

Their telephone support is almost instantaneous, and the advice they provide is clear and free of confusing jargon. Managing my account online is a breeze, giving me almost instant access to my money when I need it.

Read more on Smart Money People

  • The Jargon

    We'd rather not use it, but just so you know, here's what some of the worst offenders actually mean.

     

    Gross Rate

    Gross interest is the annual rate of interest you'll earn from a savings account before tax is taken off.

    Tax-Free

    Tax-free means you are exempt from UK Income Tax. Tax treatment is dependent on the personal circumstances of each customer and may be subject to change in the future. 

    Best Rate Guarantee

    This means that on variable rate products, we promise you’ll always receive the same rate as new customers on like-for-like products. And on our fixed rate products, you’ll receive the interest rate shown at the time you apply or if we increase our product rate before you make your initial deposit, you’ll receive the higher interest rate. 

    AER

    AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest were paid and added to your account each year. 

    Term Breakage Charge

    This is a charge or loss of interest applied if you make a withdrawal from a Fixed ISA product. 

Top