ISA Accounts for existing customers

What is the interest rate?
4.36% tax-free/AER (Fixed)*

The interest is calculated daily using the cleared balance of the account and paid on maturity.

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-free means the interest paid will be free from UK Income Tax and Capital Gains Tax.

Can United Trust Bank change the interest rate?
No. The interest rate is fixed for the term of the bond.

What would the estimated balance be after 12 months based on a £5,000 deposit?
£5,218.00.

The projection provided is for illustrative purposes only and does not take into account individual circumstances.

How do I open and manage my account?
To open an account:
– You need to be 18 or over and permanently reside in the United Kingdom.
– You can open this account with a minimum of £5,000. We accept current year subscriptions (currently £20,000 for tax year 2023/2024) and transfer in from existing ISA providers for previous year’s subscriptions up to the maximum of £1 million.
– You can open our personal accounts online at our website, www.utbank.co.uk.
– A Nominated Bank Account must be provided when applying for an account. This must be a transactional UK Bank account, and must be in your name.
– You have 14 days after submitting your application to fund your account, which needs to be sent from your Nominated Account either electronically or a cheque. If it is not funded within the 14 days we will close the account.

To manage the account:
– You can communicate and manage your account via our online portal, email, post or telephone.

Can I withdraw money?
Withdrawals from our fixed term ISA Bonds (including transfers to other providers) prior to the agreed maturity date are subject to an early withdrawal charge.

Interest may be withdrawn annually on the anniversary date.

We will contact you approximately 14 days before your account matures detailing your options and enabling you to give us your maturity instructions.

If we do not receive an instruction from you we will reinvest your funds into a holding account at the banks prevailing rate of interest.

Transfer requests will be actioned within 15 days of receipt of the instructions from your new ISA provider.

Additional information
– Rates correct at the time of issue. Offers can be withdrawn at any time.
– Opening the account is subject to our Terms and Conditions.
– Interest is paid Gross i.e. without the deduction of tax.
– ISAs are a tax free product which do not impact your Personal Savings Allowance. The favourable tax treatment may not be maintained. It is the Government that is responsible for setting the tax treatment. If you are not happy with your ISA, there is a 14 day cooling off period.
– The tax treatment described depends on individual circumstances and the tax treatment of ISAs could change in the future.

Need some help with our ISA accounts?
Here you can find answers to our most common questions. If you still cannot find what you are looking for, please use the contact us form within our ‘How can we help’ section.

Please take time to read and understand our Terms and Conditions before applying for any of our accounts.

What is the interest rate?
4.41% tax-free/AER (Fixed)*

The interest is calculated daily using the cleared balance of the account and paid annually and on maturity. You can select to have the annual interest either added to your account or transferred to you nominated bank account.

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-free means the interest paid will be free from UK Income Tax and Capital Gains Tax.

Can United Trust Bank change the interest rate?
No. The interest rate is fixed for the term of the bond.

What would the estimated balance be after 2 years based on a £5,000 deposit?
£5,450.72.

The projection provided is for illustrative purposes only and does not take into account individual circumstances.

How do I open and manage my account?
To open an account:
– You need to be 18 or over and permanently reside in the United Kingdom.
– You can open this account with a minimum of £5,000. We accept current year subscriptions (currently £20,000 for tax year 2023/2024) and transfer in from existing ISA providers for previous year’s subscriptions up to the maximum of £1 million.
– You can open our personal accounts online at our website, www.utbank.co.uk.
– A Nominated Bank Account must be provided when applying for an account. This must be a transactional UK Bank account, and must be in your name.
– You have 14 days after submitting your application to fund your account, which needs to be sent from your Nominated Account either electronically or a cheque. If it is not funded within the 14 days we will close the account.

To manage the account:
– You can communicate and manage your account via our online portal, email, post or telephone.

Can I withdraw money?
Withdrawals from our fixed term ISA Bonds (including transfers to other providers) prior to the agreed maturity date are subject to an early withdrawal charge.

Interest may be withdrawn annually on the anniversary date.

We will contact you approximately 14 days before your account matures detailing your options and enabling you to give us your maturity instructions.

If we do not receive an instruction from you we will reinvest your funds into a holding account at the banks prevailing rate of interest.

Transfer requests will be actioned within 15 days of receipt of the instructions from your new ISA provider.

Additional information
– Rates correct at the time of issue. Offers can be withdrawn at any time.
– Opening the account is subject to our Terms and Conditions.
– Interest is paid Gross i.e. without the deduction of tax.
– ISAs are a tax free product which do not impact your Personal Savings Allowance. The favourable tax treatment may not be maintained. It is the Government that is responsible for setting the tax treatment. If you are not happy with your ISA, there is a 14 day cooling off period.
– The tax treatment described depends on individual circumstances and the tax treatment of ISAs could change in the future.

Need some help with our ISA accounts?
Here you can find answers to our most common questions. If you still cannot find what you are looking for, please use the contact us form within our ‘How can we help’ section.

Please take time to read and understand our Terms and Conditions before applying for any of our accounts.

What is the interest rate?
4.39% tax-free/AER (Fixed)*

The interest is calculated daily using the cleared balance of the account and paid annually and on maturity. You can select to have the annual interest either added to your account or transferred to you nominated bank account.

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-free means the interest paid will be free from UK Income Tax and Capital Gains Tax.

Can United Trust Bank change the interest rate?
No. The interest rate is fixed for the term of the bond.

What would the estimated balance be after 3 years based on a £5,000 deposit?
£5,687.83.

The projection provided is for illustrative purposes only and does not take into account individual circumstances.

How do I open and manage my account?
To open an account:
– You need to be 18 or over and permanently reside in the United Kingdom.
– You can open this account with a minimum of £5,000. We accept current year subscriptions (currently £20,000 for tax year 2023/2024) and transfer in from existing ISA providers for previous year’s subscriptions up to the maximum of £1 million.
– You can open our personal accounts online at our website, www.utbank.co.uk.
– A Nominated Bank Account must be provided when applying for an account. This must be a transactional UK Bank account, and must be in your name.
– You have 14 days after submitting your application to fund your account, which needs to be sent from your Nominated Account either electronically or a cheque. If it is not funded within the 14 days we will close the account.

To manage the account:
– You can communicate and manage your account via our online portal, email, post or telephone.

Can I withdraw money?
Withdrawals from our fixed term ISA Bonds (including transfers to other providers) prior to the agreed maturity date are subject to an early withdrawal charge.

Interest may be withdrawn annually on the anniversary date.

We will contact you approximately 14 days before your account matures detailing your options and enabling you to give us your maturity instructions.

If we do not receive an instruction from you we will reinvest your funds into a holding account at the banks prevailing rate of interest.

Transfer requests will be actioned within 15 days of receipt of the instructions from your new ISA provider.

Additional information
– Rates correct at the time of issue. Offers can be withdrawn at any time.
– Opening the account is subject to our Terms and Conditions.
– Interest is paid Gross i.e. without the deduction of tax.
– ISAs are a tax free product which do not impact your Personal Savings Allowance. The favourable tax treatment may not be maintained. It is the Government that is responsible for setting the tax treatment. If you are not happy with your ISA, there is a 14 day cooling off period.
– The tax treatment described depends on individual circumstances and the tax treatment of ISAs could change in the future.

Need some help with our ISA accounts?
Here you can find answers to our most common questions. If you still cannot find what you are looking for, please use the contact us form within our ‘How can we help’ section.

Please take time to read and understand our Terms and Conditions before applying for any of our accounts.

What is the interest rate?
4.06% tax-free/AER (Fixed)*

The interest is calculated daily using the cleared balance of the account and paid annually and on maturity. You can select to have the annual interest either added to your account or transferred to you nominated bank account.

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-free means the interest paid will be free from UK Income Tax and Capital Gains Tax.

Can United Trust Bank change the interest rate?
No. The interest rate is fixed for the term of the bond.

What would the estimated balance be after 4 years based on a £5,000 deposit?
£5,862.80.

The projection provided is for illustrative purposes only and does not take into account individual circumstances.

How do I open and manage my account?
To open an account:
– You need to be 18 or over and permanently reside in the United Kingdom.
– You can open this account with a minimum of £5,000. We accept current year subscriptions (currently £20,000 for tax year 2023/2024) and transfer in from existing ISA providers for previous year’s subscriptions up to the maximum of £1 million.
– You can open our personal accounts online at our website, www.utbank.co.uk.
– A Nominated Bank Account must be provided when applying for an account. This must be a transactional UK Bank account, and must be in your name.
– You have 14 days after submitting your application to fund your account, which needs to be sent from your Nominated Account either electronically or a cheque. If it is not funded within the 14 days we will close the account.

To manage the account:
– You can communicate and manage your account via our online portal, email, post or telephone.

Can I withdraw money?
Withdrawals from our fixed term ISA Bonds (including transfers to other providers) prior to the agreed maturity date are subject to an early withdrawal charge.

Interest may be withdrawn annually on the anniversary date.

We will contact you approximately 14 days before your account matures detailing your options and enabling you to give us your maturity instructions.

If we do not receive an instruction from you we will reinvest your funds into a holding account at the banks prevailing rate of interest.

Transfer requests will be actioned within 15 days of receipt of the instructions from your new ISA provider.

Additional information
– Rates correct at the time of issue. Offers can be withdrawn at any time.
– Opening the account is subject to our Terms and Conditions.
– Interest is paid Gross i.e. without the deduction of tax.
– ISAs are a tax free product which do not impact your Personal Savings Allowance. The favourable tax treatment may not be maintained. It is the Government that is responsible for setting the tax treatment. If you are not happy with your ISA, there is a 14 day cooling off period.
– The tax treatment described depends on individual circumstances and the tax treatment of ISAs could change in the future.

Need some help with our ISA accounts?
Here you can find answers to our most common questions. If you still cannot find what you are looking for, please use the contact us form within our ‘How can we help’ section.

Please take time to read and understand our Terms and Conditions before applying for any of our accounts.

What is the interest rate?
4.19% tax-free/AER (Fixed)*

The interest is calculated daily using the cleared balance of the account and paid annually and on maturity. You can select to have the annual interest either added to your account or transferred to you nominated bank account.

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-free means the interest paid will be free from UK Income Tax and Capital Gains Tax.

Can United Trust Bank change the interest rate?
No. The interest rate is fixed for the term of the bond.

What would the estimated balance be after 5 years based on a £5,000 deposit?
£6,139.04.

The projection provided is for illustrative purposes only and does not take into account individual circumstances.

How do I open and manage my account?
To open an account:
– You need to be 18 or over and permanently reside in the United Kingdom.
– You can open this account with a minimum of £5,000. We accept current year subscriptions (currently £20,000 for tax year 2023/2024) and transfer in from existing ISA providers for previous year’s subscriptions up to the maximum of £1 million.
– You can open our personal accounts online at our website, www.utbank.co.uk.
– A Nominated Bank Account must be provided when applying for an account. This must be a transactional UK Bank account, and must be in your name.
– You have 14 days after submitting your application to fund your account, which needs to be sent from your Nominated Account either electronically or a cheque. If it is not funded within the 14 days we will close the account.

To manage the account:
– You can communicate and manage your account via our online portal, email, post or telephone.

Can I withdraw money?
Withdrawals from our fixed term ISA Bonds (including transfers to other providers) prior to the agreed maturity date are subject to an early withdrawal charge.

Interest may be withdrawn annually on the anniversary date.

We will contact you approximately 14 days before your account matures detailing your options and enabling you to give us your maturity instructions.

If we do not receive an instruction from you we will reinvest your funds into a holding account at the banks prevailing rate of interest.

Transfer requests will be actioned within 15 days of receipt of the instructions from your new ISA provider.

Additional information
– Rates correct at the time of issue. Offers can be withdrawn at any time.
– Opening the account is subject to our Terms and Conditions.
– Interest is paid Gross i.e. without the deduction of tax.
– ISAs are a tax free product which do not impact your Personal Savings Allowance. The favourable tax treatment may not be maintained. It is the Government that is responsible for setting the tax treatment. If you are not happy with your ISA, there is a 14 day cooling off period.
– The tax treatment described depends on individual circumstances and the tax treatment of ISAs could change in the future.

Need some help with our ISA accounts?
Here you can find answers to our most common questions. If you still cannot find what you are looking for, please use the contact us form within our ‘How can we help’ section.

Please take time to read and understand our Terms and Conditions before applying for any of our accounts.

What is the interest rate?
3.66% tax-free/AER (Fixed)*

The interest is calculated daily using the cleared balance of the account and paid annually and on maturity. You can select to have the annual interest either added to your account or transferred to you nominated bank account.

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-free means the interest paid will be free from UK Income Tax and Capital Gains Tax.

Can United Trust Bank change the interest rate?
No. The interest rate is fixed for the term of the bond.

What would the estimated balance be after 7 years based on a £5,000 deposit?
£6,430.55.

The projection provided is for illustrative purposes only and does not take into account individual circumstances.

How do I open and manage my account?
To open an account:
– You need to be 18 or over and permanently reside in the United Kingdom.
– You can open this account with a minimum of £5,000. We accept current year subscriptions (currently £20,000 for tax year 2023/2024) and transfer in from existing ISA providers for previous year’s subscriptions up to the maximum of £1 million.
– You can open our personal accounts online at our website, www.utbank.co.uk.
– A Nominated Bank Account must be provided when applying for an account. This must be a transactional UK Bank account, and must be in your name.
– You have 14 days after submitting your application to fund your account, which needs to be sent from your Nominated Account either electronically or a cheque. If it is not funded within the 14 days we will close the account.

To manage the account:
– You can communicate and manage your account via our online portal, email, post or telephone.

Can I withdraw money?
Withdrawals from our fixed term ISA Bonds (including transfers to other providers) prior to the agreed maturity date are subject to an early withdrawal charge.

Interest may be withdrawn annually on the anniversary date.

We will contact you approximately 14 days before your account matures detailing your options and enabling you to give us your maturity instructions.

If we do not receive an instruction from you we will reinvest your funds into a holding account at the banks prevailing rate of interest.

Transfer requests will be actioned within 15 days of receipt of the instructions from your new ISA provider.

Additional information
– Rates correct at the time of issue. Offers can be withdrawn at any time.
– Opening the account is subject to our Terms and Conditions.
– Interest is paid Gross i.e. without the deduction of tax.
– ISAs are a tax free product which do not impact your Personal Savings Allowance. The favourable tax treatment may not be maintained. It is the Government that is responsible for setting the tax treatment. If you are not happy with your ISA, there is a 14 day cooling off period.
– The tax treatment described depends on individual circumstances and the tax treatment of ISAs could change in the future.

Need some help with our ISA accounts?
Here you can find answers to our most common questions. If you still cannot find what you are looking for, please use the contact us form within our ‘How can we help’ section.

Please take time to read and understand our Terms and Conditions before applying for any of our accounts.