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.

Check out our historic rate table here.

£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.

You can open this account with just £1.

Yes, it’s a flexible, easy access ISA – so it’s there whenever you need it. Move money in and out, whenever suits you best, without any charges or fees.

You can also transfer your balance to another provider at any time, without charge (& no hard feelings!). You’ll need to contact your new provider and ask them to request a transfer from us

Yes, you can ask to transfer your 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 simply download the transfer form. Transfers must be completed within 21 calendar days of the date we receive your application. If you have any other questions, check out our extended FAQs on ISA’s here, or feel free to contact us.