Before you apply
- No withdrawals until the end of the term.
- The term is 2 years.
- 180 days' interest.
What you'd earn in a year
If you save
- Interest at 4.85% AER on a balance up to £250,000
- £243.00
- About
- £243.00
Before tax: about £243 each year on £5,000 for 2 years. Information only, not a recommendation.
Is my money safe?
FSCS protected: up to £120,000 per person, per banking licence.
This account is on the Shawbrook Bank Ltd licence, which also covers Whiteaway Laidlaw (via Raisin). Money with these brands shares one protection limit.
Legal name: Shawbrook Bank Ltd.
Check protection on the FSCS website ↗ (opens in a new tab)Key facts
Money in and out
- Minimum deposit
- £1,000
- Max balance
- £250,000 (including transfers in)
- Transfers in
- Yes. Existing ISA transfers count towards this balance, not the yearly allowance.
- Withdrawals
- No withdrawals until the end of the term
- Manage
- Online
Interest
- Rate
- 4.85% AER fixed
- Monthly
- 4.75% gross / 4.85% AER
- Annual (headline)
- 4.85% gross / 4.85% AER
- Interest paid
- Monthly or annually
- Term
- 24 months
Who can open it
- ISA
- Cash ISA · not flexible · transfers in
New money limited to your £20,000 yearly ISA allowance.
Source: shawbrook.co.uk · Last verified 17 Oct 2026, 12:17 UK time
Rate history
We started tracking this account on 14 Oct 2026. Further changes will show here.
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