skip to main content
Cash ISAs / Fixed Rate Cash ISAs /

AA Fixed Rate ISAs

The Very Latest Cash ISA rates

The current ISA allowance is £20,000. Use our cash ISA tables below to compare a selection of market-leading cash ISAs for instant access, fixed rates and alternative ideas to maximise your tax free return

Fixed Rate Cash ISAs

1 Year Triple Access Cash ISA

from Nationwide

Interest Rate (AER) 0.25%
  • Term: 1 Year, with option to make three free withdrawals
  • Make up to three withdrawals during the 12-month term of this account
  • Open with £1 or transfer in existing ISA funds
  • Manage your account online
  • Interest paid at maturity
  • FSCS Protected
  • Must be UK resident and aged 16 or older
  • Make more than three withdrawals and the rate drops to 0.01% AER/gross p.a. (variable)
  • Not available in branch

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

Review of the AA Fixed term ISA

The AA offer a range of savings options including a one year or two year fixed rate ISA with competitive interest rates. Please see the comparison tables for more details on rates.

The AA ISA lets you put money across easy access or fixed term products or even split your savings across both , all within one ISA. You can pay up to £20,000 this tax year, depending on other stocks, shares or innovative finance ISA contributions.

Features:

  • One or two year terms
  • Interest that is calculated daily and paid annually on the anniversary of the product opening
  • While you can only make one deposit per product, you can have as many fixed rate products as you want
  • You can open with a minimum of £500
  • Ability to transfer ISAs held elsewhere, just check with your current provider for their terms

Accessing your money:

  • If you need access to your money during your fixed term you'll need to pay a breakage charge. So, if you haven't earned enough interest, you may get back less than you originally paid in
  • At the end of the fixed term they will pay your money, along with any interest, to a tax-free holding account while you decide what to do next
  • You can only transfer out the full amount and will be subject to charges if you do so
  • You can manage your account 24/7 with online banking
  • Every AA ISA comes with a holding account automatically, so you can decide how to organise your finances once your term finishes.

Overall this is a great account with a competitive rate of interest and the flexibility to choose a term which suits you. The holding account gives you time to decide what to do next.

Why use a Fixed Rate ISA?

Typically, a fixed-rate Isa account will pay more interest. In exchange for a higher rate, banks will ask you to tie up your money. Generally, the longer you give up access, the higher the return. As it is a guaranteed amount, you know what you will end up with at the end which makes it a lot safer than investing.

ISAs are a good idea whatever your savings goal. With certain types of cash ISAs, you have instant access to your money, which makes it a flexible way to plan your finances.

It’s also important to remember that ISA allowance limits apply to everyone on an individual basis, so if you’re married or in a relationship, you can both hold your own ISA, each with the full allowance.

AA is one of the few banks that offer a Fixed Rate of ISA for one year or two years with many offering a two year minimum and some up to five year minimums. For many people this time frame isn’t convenient and so this offers an easy way for savers to take the plunge and begin their savings.

High Income ISAs

High income ISA ideas:

ISAs Products

Cash ISAs

Fixed Rate & Instant Access ISAs:

Cash ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

Latest News

5 Considerations for Your Next Investment ISA

15th March 2021

You've decided to invest your savings into a Stocks and Shares ISA. You'll be using your tax-free ISA allowance for this year before the deadline, while also investing your money for your future. But what do you need to consider before opening an account? We've put together a list of our top five considerations for you to think about before you click "apply". 

Newsletter Signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

About us

ISA.co.uk is a trading style of Fair Investment Company.

We've been comparing and recommending ISAs for many years so you can trust you're in good hands.

About us

4.74 Average

23 Reviews

Jen

I found the way the different options are presented very clear - much more useful than some other comparison sites. I sent it to my daughter as well.

Paul

Very informative, find myself a good ISA account with best return in terms of interest.

Sue

Easy to use website and up to date. Saved the link on my tablet.

Rob Holden

The website was very useful and informative.

Andrew Johnson

ISA can be confusing at first and this site includes a useful and helpful introduction into the world of ISAs