Barclays ISA Review

Compare Barclays ISAs – read our review and compare the features and benefits available from Barclays. Find an ISA that suits you and make the most of your annual tax-free savings.

Barclays ISAs allow you to benefit from tax free savings and investments, which means you don't have to pay tax on the interest earned from your ISA.

Everyone is entitled invest up to £11,280 into ISAs each year, with a maximum of £5,640 into a cash ISA, £11,280 into an investment ISA, or a combination of the two. This provides a great incentive to save, as your money will grow faster than if it was put in a regular savings account paying the same interest rate, or normal stocks and shares without tax redemption.

Most ISAs provide payment options to suit different types of saver, whether they wish to deposit a one off annual lump sum, or if they would be more suited to regular payments throughout the course of the year.

Barclays Wealth ISAs provide a great place to make use of your tax free allowance on stocks and shares, allowing you to earn tax free returns based on the outcome of the investment. These can be far higher than the returns gained from cash ISAs, but they do carry more risk.

Top 5 ISA products

Provider
Account
AER
ISA Transfers In
Notice
Deposit Per Year
Apply
1.45%
Yes
Instant
Min £500
Max £15,000
1.30%
Yes
Instant
Min £10
Max £15,000
1.00%
Yes
Instant
Min £1
Max £15,000
No withdrawal penalties. Transfer your existing ISA balances to this ISA.
1.00%
Yes
Instant
Min £1
Max £15,000
No withdrawal penalties. Transfer your existing ISA balances to this ISA.

Natwest Cash ISA

NatWest
  • Save from £1 and save up to £15,000 per tax year.
  • Earn 1.0% AER to 1.5% AER depending on deposit:
  • £25,000+ = 1.5% AER
  • £1 - £24,999+ = 1.0% AER
  • Instant access to your funds with no penalties
  • Monthly tax-free interest – Natwest can pay the interest into your Cash ISA Plus or another NatWest account.
  • Manage your ISA by Phone, post, in branch and online
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Scottish Widows e-Cash ISA

Scottish Widows
  • Minimum balance £10
  • Annual cash ISA limit is £15,000 (2014-15)
  • No notice period or penalties for withdrawals
  • Transfers from other cash ISAs accepted

RBS Cash ISA

RBS
  • Save from £1 and save up to £15,000 per tax year
  • Earn 1.0% AER to 1.5% AER depending on deposit:
  • £25,000+ = 1.5% AER
  • £1 - £24,999+ = 1.0% AER
  • Instant access to your funds with no penalties
  • Monthly tax-free interest – RBS can pay the interest into your Cash ISA Plus or another RBS account.
  • Manage your ISA by Phone, post, in branch and online
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Sainsburys ISA

Sainsbury's
  • Earn a tax-free variable rate of 1.45% AER (variable)
  • From the 1 July 2014, the total allowance for saving in an ISA has increased to an upper limit of £15,000 in a tax year. This means as long as you don't also have an ISA (cash or stocks and shares) with another provider, from 1 July 2014 you can save up to £15,000 in a Sainsbury's Bank Cash ISA
  • ISA transfer service - move existing Cash ISA funds held with other providers
  • Easy to apply and manage either online or by phone
  • Minimum deposit of £500 to open your account
  • Interest is paid annually on the anniversary of account opening
  • Available to new and existing customers
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme