Home – Savings – Existing Savings Customers – Important account information – ISAs

ISAs

Individual Savings Accounts (ISAs) were introduced by the government in April 1999. All income (interest) from ISA savings is tax free. You can find out more about ISAs and the current allowances at gov.uk.

There are different types of ISA for different types of investor. Hinckley & Rugby only offers Cash ISAs (the normal type for general savers).

ISA saving limits

During the tax year (6 April to 5 April the following year) you can add up to £20,000 in total across all the ISAs you hold. This limit is for ‘new’ money – if you directly transfer money from one ISA to another (with the same or a different provider), that is treated as ‘old’ money and does not affect your limit.

To open a Hinckley & Rugby Cash ISA

To open a Cash ISA, please choose from our available ISA products and complete an application form. For all forms, you can either download from the page, visit your local branch, or ask us to post it to you.

South Asian women smiling whilst on the phone and looking at her laptop.

To transfer a Cash ISA from another provider to Hinckley & Rugby

Into a new Hinckley & Rugby ISA

Check your other provider’s T&Cs to make sure the funds can be transferred within 21 days of your application.
Choose from our ISA products and fill in an application form.
Complete a Cash ISA Transfer Authority Form.
Take or post both forms to your local Hinckley & Rugby branch, or to our head office. The addresses are here.

We will contact your current ISA provider and arrange the transfer for you.

Into an existing Hinckley & Rugby ISA

Check your other provider’s T&Cs to make sure the funds can be transferred within 21 days of your application.
Complete a Cash ISA Transfer Authority Form, and be sure to include your existing H&R ISA number.
Take or post the form with your H&R ISA passbook to your local Hinckley & Rugby branch, or to our head office. The addresses are here.

We will contact your current ISA provider and arrange the transfer for you.

To transfer from one Hinckley & Rugby Cash ISA to another Hinckley & Rugby Cash ISA

Into a new Hinckley & Rugby ISA

Choose from our ISA products and fill in an application form.
Complete an Internal Cash ISA Transfer Authority Form.
Take or post both forms with your H&R ISA passbook to your local Hinckley & Rugby branch, or to our head office. The addresses are here.

Into an existing Hinckley & Rugby ISA

Complete an Internal Cash ISA Transfer Authority Form, and be sure to include your existing H&R ISA number.
Take or post the form with both of your H&R ISA passbooks to your local Hinckley & Rugby branch, or to our head office. The addresses are here.

To transfer a Hinckley & Rugby Cash ISA to another ISA provider

Please check your ISA T&Cs to make sure your account can be transferred at this time, and to understand any loss of interest if transferring a Fixed Rate or Notice account. If you are happy to proceed, you simply need to contact your new provider. They will tell you what you need to do.

If you are thinking about transferring only part of your ISA savings to another provider, please note:

We can only transfer all (not part) of the ISA deposits that you have made during the current tax year. This means the total deposits you have made since 6 April.
We can transfer either all or just part of the deposits that you made before 6 April.

We will transfer the funds to your new ISA provider within 5 business days of receiving the transfer instruction from them.

Get in touch

Call us at 0800 434 6343 to speak with a member of our team. Our phone lines are open Monday – Friday 9am – 5pm, Saturday 9am – 12pm. We are closed on Sundays and bank holidays. You can also visit one of our branches or agencies.