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NS&I Direct ISA

A tax-free rate of 2.50% AER (variable)

Investing your money in a cash ISA allows you to save up to £5,100 a year without paying any UK Income Tax on the interest you earn. With a Direct ISA from NS&I, you’ll also benefit from the convenience of managing your account by phone and online.

We’ve included a summary box below to help you compare this account with those from other providers.

Summary box: key product information

Account name

NS&I Direct ISA

Interest rates (AERs)

Variable – see interest rates

Tax status 

Tax-free

Conditions for bonus payment

Not applicable

Withdrawal arrangements

No notice and no penalty

Access

Apply/withdraw online or by phone
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