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60 Day Notice Cash ISA

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Key features

  • This is a variable rate product
  • Minimum Balance is £3,000.00
  • Maximum Balance is £150,000.00
  • Save up to the maximum subscription for the tax year. For the tax year 2025/26 the maximum subscription is £20,000.

This savings account may be right for you if …

  • you’re happy with a variable interest rate
  • you like to be able to add to your account
  • you are happy to give notice for withdrawals, transfers or closures
  • you prefer to have the tax-free wrapper of a Cash ISA
  • you’re happy to operate your account with a passbook via the branches or by post
Rate
3.00%
Interest paid
Annually

Summary information

What is the Interest Rate?

    • Interest is variable and the rate is currently 3.00% Gross/AER*
    • Interest is calculated daily and paid annually on the 5th of April.
    • Interest can be added to the account, paid to your bank or another account you hold with the Society (except other ISAs).
    • A full list of our current interest rates can be found on our Interest rate poster.

Can the Loughborough Building Society change the Interest Rate?

    • We may change interest rates at any time.
    • For further information about why we may change the rate and how we will tell you about a change, please refer to section 7.4 of the Society’s General Terms and Conditions.

What would the estimated balance be after 12 months based on a £3,000 deposit?

    • Based on the current interest rate, if you deposit £3,000 in this account, after 12 months you will have £3,090.
    • Please note that these projections are provided for illustration purposes only and assume that no other changes take place on the account.

How do I open and manage my account?

    • To open an account, you need to provide a completed application form, the minimum investment, proof of your identity and address.
    • Minimum Balance is £3,000.00
    • Maximum Balance is £150,000.00
    • Save up to the maximum subscription for the tax year. For the tax year 2025/26 the maximum subscription is £20,000.
    • ISA Transfers are accepted into this account.
    • Only one of this account type per customer is permitted.
    • Available to new members and existing members aged 18 years and over residing in the United Kingdom.
    • A passbook will be issued when the account is opened.

Can I withdraw money?

    • Withdrawals are subject to 60 days’ notice, alternatively, you can withdraw immediately subject to a penalty equivalent to 60 days interest on the amount withdrawn. This includes partial balance transfers to another provider, however transfers from current years allowance must be in full.
    • Closure or the transfer of the total account balance to another provider is subject to 60 days’ notice, alternatively, you can close or transfer immediately subject to a penalty equivalent to 60 days interest on the total amount.
    • Withdrawals are subject to the Society’s normal daily limits.
    • A passbook must be presented when a withdrawal is requested.

Additional Information

    • Tax-free.
    • This is not a Flexible ISA therefore, if the maximum amount for the tax year is invested and a withdrawal is made, further funds can’t be added to replace those withdrawn.
    • *Gross means the contractual rate of interest payable before the deduction of income tax.  This account is tax free.  AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

How to apply

Opening an account is easy and you can do that in any of our branches.

Simply download, print and complete the application form.  Then return your completed form, necessary identification and opening cheque or completed ISA Transfer Authority Form to your preferred branch.

Cheques must be payable to the account holder.

You should read all the product information to ensure this account is right for you and also the Financial Services Compensation Scheme Information Sheet and our General Terms and Conditions.

Download an application form

Download application icon Download application form

What you need to know about ISAs

To make the most of tax-free savings you should fully understand how an ISA works.  We recommend you read our guide which will give you important information to help you decide if our Cash ISA is right for you.

Terms and Conditions

Before opening this account please read our General Terms and Conditions.

 

Financial Services Compensation Scheme

We are covered by the Financial Services Compensation Scheme (FSCS).  The FSCS can pay compensation to depositors if a building society is unable to meet its financial obligations.  It’s important that you read the FSCS Information Sheet. It provides basic information about the protection of your savings deposits.