Types of ISAs

Yorkshire Building Society Cash ISAs

Our Cash ISAs are designed for money that you may wish to access in the short or medium term to suit different needs.

And don’t forget that once you’ve invested up to your maximum allowance for the tax year, we have other savings options for your short and longer-term savings goals.

Stocks and Shares ISAs

These types of ISAs are best suited to money you can leave untouched for at least five years or more. Stocks and Shares ISAs are available through our association with Legal & General. To discuss your needs with a Legal & General consultant, book an appointment online now or contact your local branch.

Stakeholder Standards

These are guidelines set by the Government to make it easier for you to identify simple, low-cost savings products.

For example, for a Cash ISA, Stakeholder Standards mean:

• There are no account charges
• The minimum investment is not more that £10
• Withdrawals can be made in 7 working days or less and there is no limit on the number of withdrawals.
• They provide a variable interest rate guaranteed to be no lower that 1% below the Bank of England base rate.

None of the ISA's we provide currently meets the Stakeholder Standards. However, a Stakeholder Standard ISA may not necessarily be more suitable than a non-stakeholder standard ISA. It simply shows that the product meets all of the Government's criteria. Please contact us if you are unsure which ISA is right for you.