Your choice of NS&I ISAs /

Your choice of NS&I ISAs

NS&I now offers two types of cash ISA - an NS&I Direct ISA and an NS&I Cash ISA. Although they are similar in many ways, there are a few important differences. Use the table below to compare the two ISAs and see which one suits you best.

			Direct ISA		Cash ISA
	How to invest		Online By phone		Online By phone By post At a Post Office
	How to make deposits		By debit card over the phone or online By standing order or electronic funds transfer		By debit card over the phone By standing order or electronic funds transfer By cheque or cash at a Post Office or cheque by post
	How to request withdrawals		By phone or online, minimum £250 Paid to nominated account only		By phone or by post Paid to nominated account, by warrant (like a cheque) or in cash at a Post Office
	Tax status		No UK Income Tax to pay on interest earned		No UK Income Tax to pay on interest earned
	Current Interest rate		5.30% AER (variable)		4.40% AER (variable)
	Minimum opening deposit		£1,000		£10
	Minimum further deposit		£250 (£100 by standing order)		£10
	Transfer from another provider
			Direct ISA		Cash ISA
			Find out more		Find out more