Easy Access ISA Issue 1 4.55%AER

The interest rate is variable and can be increased or decreased by Vida Savings at any time. If we increase the interest rate on your account, we’ll let you know as soon as possible. This can be after the new rate is effective. If we decrease the interest rate, we’ll notify you at least 14 days ahead of the change. See the Savings T&C for more information.

This example shows the projected balance after 12 months, assuming no further deposits or withdrawals are made, the interest rate doesn't change, and interest is paid into this account annually.

This is for illustrative purposes only and doesn’t take into account any individual circumstances.

To open an account you must be aged 18 and over and a UK resident for tax purposes.  If you are not a UK resident, you may still be able to open this account if you meet the government’s ISA requirements, as set out in our ISA Declaration. You may only open an account in a sole name, and the account must be for your personal use.

Accounts are opened and operated online at www.vidasavings.co.uk and a valid email address and National Insurance Number must be provided. You’ll be able to communicate with us about the account by email, secure message via the Customer Portal, phone, or in writing.​​

The minimum initial investment for this account is £10. A deposit or transfer request of at least this amount has to be made within 21 days of your application request, or the account will be closed. If you’re transferring an ISA from another provider and it takes longer than 21 days, it will still be processed and your ISA will stay open. You can make as many deposits as you like, subject to your annual ISA allowance and up to the Maximum Account Balance of £85,000 (not including any interest). Our Maximum Customer Balance also applies. Please refer to the Savings T&Cs for information about the Maximum Customer Balance.​​

Deposits must be added by electronic transfer from your Nominated Bank Account, which must be in your name. You may also transfer existing ISAs from other providers into this account, up to the Maximum Account Balance. 

Yes, you can withdraw money from this account at any time. Withdrawals can be made to your Nominated Bank Account, transferred to another of your Vida Savings accounts, subject to the terms of that account, or transferred to another ISA provider. To make a withdrawal, you’ll need to login and follow the on-screen instructions.

As this is a Flexible ISA, you can withdraw funds from this tax year or previous tax years without losing your annual ISA allowance. You can replace the money you’ve withdrawn in this account or another Vida ISA (subject to the terms of that account) without the replacement counting towards your annual ISA subscription limit, providing you replace the funds in the same tax year you withdraw them.

If you change your mind, you can close this product within 14 days of your initial deposit. Any ISA closed in this way won’t count as an ISA subscription.​

You can spread your ISA allowance across multiple ISAs in our range. This is subject to HMRC guidelines, and you must not exceed your annual ISA allowance. You can request to transfer in ISAs held with other providers at any time.​

For further details on how your Easy Access ISA works, please refer to our Savings T&Cs.