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Structured Cash ISAs

Compare the Latest Structured Cash ISA options

As an alternative to traditional cash ISAs, you may want to consider a structured deposit plan. This type of account offers the potential for higher returns than those available via fixed-rate cash ISAs.

Deposit Cash ISAs

FTSE 100 6 Year Deposit Plan

from Investec

ISA Option
Maximum Potential Return 27.00% at end of term
  • Deposit Taker: Investec Bank plc
  • Term: 6 years

"This plan offers a potential fixed return of 27%, provided the FTSE 100 Index at the end of the term is higher than its value at the start of the plan (subject to averaging). As with other cash deposits, your capital is also eligible for FSCS* protection.

The 27% return is equivalent to 4.06% compound growth each year, which is well over double the best fixed rate bond, and almost 3% more per year higher than the top fixed rate Cash ISA.

The downside is that the return is not guaranteed, and so if the FTSE ends lower, you only get your initial capital back.”

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

  • 27% fixed return if FTSE 100 Index is higher at the end of the term
  • Capital protected product*
  • Eligible for the Financial Services Compensation Scheme (FSCS)
  • Returns not guaranteed. You may only receive a return of your original capital
  • Minimum deposit £3,000
  • Plan designed to be held for full term

Calculate your interest with this plan

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

Important Information: * The return of your initial deposit depends on the ability of the deposit taker (Investec Bank plc) to repay your money. Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.

FTSE 100 Kick Out Deposit Plan

from Investec

ISA Option
Maximum Potential Return 3.50% per annum
  • Deposit Taker: Investec Bank plc
  • Term: Up to 6 years

"By offering full capital protection plus a potential 3.5% per year, this plan offers the opportunity to beat low savings rates as well as tackle the effects of rising inflation."

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

  • Opportunity to mature at year 3, 4, 5 or 6 if the FTSE 100 Index is higher than initial level
  • Capital Protected Product*
  • Eligible for the Financial Services Compensation Scheme
  • ISA transfers accepted
  • Short/medium term alternative to fixed rates
  • Minimum single Investment - £3,000
  • This plan is not the same as a bank or building society deposit account and you may not receive your initial deposit in full if your capital is withdrawn early
  • Limited offer - deadlines apply. May close early if oversubscribed

Calculate your interest with this plan

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

Important Information: * The return of your initial deposit depends on the ability of the deposit taker (Investec Bank plc) to repay your money. Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.

FTSE 100 3 Year Deposit Plan

from Investec

ISA Option
Maximum Potential Return 9.60% at end of term
  • Deposit Taker: Investec Bank plc
  • Term: 3 years

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

  • 9.6% fixed return if the FTSE 100 Index is higher at the end of the term
  • Capital protected product*
  • Eligible for the Financial Services Compensation Scheme (FSCS)
  • Returns not guaranteed. You may only receive a return of your original capital
  • Minimum deposit £3,000
  • Plan designed to be held for full term

Calculate your interest with this plan

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

Important Information: * The return of your initial deposit depends on the ability of the deposit taker (Investec Bank plc) to repay your money. Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.

FTSE 100 6 Year Defensive Deposit Plan

from Investec

ISA Option
Maximum Potential Return 18.00% at end of term
  • Deposit Taker: Investec Bank plc
  • Term: 6 years

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

  • Fixed return no matter how the Index performs
  • 18% fixed return if the FTSE 100 Index is higher than its Initial Level at the end of the term
  • 6% fixed return if the FTSE 100 Index is the same or lower than its Initial Level at the end of the term
  • Capital protected product*
  • Minimum - £3,000
  • Medium/longer term alternative to fixed rates
  • Minimum deposit £3,000
  • Plan designed to be held for full term

Important Information: *The return of your initial deposit depends on the ability of the deposit taker (Investec Bank plc) to repay your money.

FTSE 100 Defensive Kick Out Deposit Plan

from Investec

ISA Option
Maximum Potential Return 2.75% per annum
  • Deposit Taker: Investec Bank plc
  • Term: Up to 6 years

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

  • Opportunity to mature at year 3, 4, 5 or 6 if the FTSE 100 Index is higher than required kick out level
  • Required kick out level required reduces by up to 15% over term of plan
  • Capital Protected Product*
  • Eligible for the Financial Services Compensation Scheme
  • ISA transfers accepted
  • Short/medium term alternative to fixed rates
  • Minimum single Investment - £3,000
  • This plan is not the same as a bank or building society deposit account and you may not receive your initial deposit in full if your capital is withdrawn early
  • Limited offer - deadlines apply. May close early if oversubscribed

Calculate your interest with this plan

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

Important Information: * The return of your initial deposit depends on the ability of the deposit taker (Investec Bank plc) to repay your money. Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.

FTSE 100 3 Year Defensive Deposit Plan

from Investec

ISA Option
Maximum Potential Return 7.50% at end of term
  • Deposit Taker: Investec Bank plc
  • Term: 3 years
  • 7.5% fixed return if FTSE 100 Index is higher than 90% of its Initial Level at the end of the term
  • Capital protected product*
  • Medium term alternative to fixed rates
  • Returns not guaranteed. You may only receive a return of your original capital
  • Minimum deposit £3,000
  • Plan designed to be held for full term

Calculate your interest with this plan

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

Important Information: * The return of your initial deposit depends on the ability of the deposit taker (Investec Bank plc) to repay your money. Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.

What is a Structured Cash ISA?

If you're looking to venture into the world of stocks and shares but want the advantages of comparatively low risk to your capital offered by a cash ISA, structured cash ISAs could be a good option to consider. A structured cash ISA offers the potential for higher returns than a regular cash ISA, but is capital-protected.

What's the difference between a structured cash ISA and a normal cash ISA?

Structured cash ISAs offer you the potential to earn higher returns than you would with a regular cash ISA. Your returns are based on market performance, but your capital is protected by the FSCS up to their current limit. 

This means that if your investment performs well, you'll receive your capital back at the end of the term plus any income you made on the initial deposit. In the event that your investment doesn't perform well you may receive no income or capital growth, but your initial capital will be repaid in full. 

For example, if you put £3,000 into a structured cash ISA and the market does well over the term of the ISA, you might get £3,000 capital + 15% income when your plan matures. If the market does poorly, you won't receive any income, but you'll still get your £3,000 back.

The advantages of a structured cash ISA

  • Because your cash is being invested, you have the potential to make a higher return on your initial investment than you would with a cash ISA.
  • Many structured cash ISA providers offer transfers in, so you can move accumulated savings from previous years' ISAs into the account.
  • A structured deposit cash ISA can be a good entry-level investment because it's comparatively low-risk compared to most stocks and shares schemes. If you've only held cash savings in the past, a structured cash ISA allows you to try out investing via a fairly low-risk format.
  • You may be eligible for more protection on your deposit than cash ISA holders - for example, if you encounter a problem, you may be covered by the Financial Services Compensation Scheme.

Things to consider before opening a structured cash ISA

  • You must be willing to accept that if the deposit taker goes bust, you may lose some or all or your initial capital. Remember that your savings are only protected up to the current FSCS limit per individual, per institution.
  • The term of a structured deposit cash ISA is usually similar to that of a fixed-term cash ISA - typically three to six years. As with a fixed-term cash ISA, it's important not to invest more money than you can afford to tie up for that period of time.
  • Many structured cash ISAs require a substantial initial deposit compared to regular cash ISAs - typically upwards of £3,000 - so make sure you check this figure with individual ISA providers before choosing an account.
  • Unlike instant or easy access cash ISAs, a structured deposit cash ISA operates over a fixed term. This means that you may have the potential for higher returns, but you won't have access to your money if your circumstances change. 

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