Earn more on your Cash ISA.

An ISA, or Individual Savings Account, is a UK government-backed savings or investment account that lets you earn interest, dividends or capital gains tax-free. It acts as a tax wrapper, shielding your returns from income tax, dividend tax and capital gains tax. You have one allowance each tax year, which you can split across different types of ISA.

Up to your annual ISA allowance for the current tax year, across all the ISAs you pay into, whether they are with Meteor or elsewhere. Money you transfer in from an ISA you already hold does not count towards it. The current annual ISA allowance is £20,000.

Yes. Your Meteor Cash ISA is a single account that acts as the wrapper for your tax-free savings, and it can hold several ISA-eligible savings products from UK-authorised banks at the same time. You can mix fixed term, notice and easy access within your allowance.

It depends on the products you choose. Easy access means any time. Notice accounts need notice before a withdrawal. Fixed term products are locked until the term ends. Holding a mix is one reason people split the allowance rather than fixing all of it.

Eligible deposits with our partner banks are protected by the Financial Services Compensation Scheme up to £120,000 per person, per banking group. Banks that are part of the same banking group count as one for the limit, so spreading across separate banking groups can keep more of your savings inside it.

There are no platform fees and no annual fees, and it is free to sign up. You will not pay a fee to open or manage your Meteor Cash ISA. Our partner banks pay us a fee when you open a product with them.