ISAs

Subscriptions

You must not subscribe more than £20,000 in total to a Cash ISA, a Stocks and Shares ISA, an Innovative Finance ISA or a Lifetime ISA in the same tax year.

You can find information below about subscribing to your ISA this year, resubscriptions, and transfers in or out.

Subscribing to your Hinckley & Rugby Cash ISA account

You can pay funds into your ISA account, within your annual subscription limits, by cash, cheque, or electronic transfer. Refer to our Paying into your savings account page on how to pay funds into your account, for further details.

If you have a fixed rate ISA, you will not be able to pay any additional funds during the fixed rate period.

Transferring your existing Hinckley & Rugby Cash ISA to a new Hinckley & Rugby Cash ISA

1. Select the Hinckley & Rugby Building Society ISA that you want to transfer to. View our current ISA products or call us on 01455 894 060 to speak to a member of our team.
2. Complete an application form for the ISA product you want to transfer to.
3. Complete the Internal Cash ISA Transfer Authority Form.
4. Send your completed forms along with your existing ISA account passbook to:

Savings Department
Hinckley & Rugby Building Society
Upper Bond Street
Hinckley
Leicestershire
LE10 1NZ

You can also do this in branch. Find your local branch or agency.

Transfer your Cash ISA from another ISA provider to a new Hinckley & Rugby Cash ISA

1. Select the Hinckley & Rugby Building Society ISA that you want to transfer to. View our current ISA products or call us on 01455 894 060 to speak to a member of our team.
2. Complete an application form for the ISA product you want to transfer to.  
3. Complete the Cash ISA Transfer Authority Form. (Your ISA funds must be available to transfer within 21 days of your application, if not, we will not be able to proceed with your request. Please check you existing ISA terms and conditions.)
4. Send your completed forms to:

Savings Department
Hinckley & Rugby Building Society
Upper Bond Street
Hinckley
Leicestershire
LE10 1NZ

You can also do this in branch. Find your local branch or agency.

We will get in touch with your current ISA provider and arrange the transfer for you.

Transfer your Hinckley & Rugby Cash ISA to another ISA provider

You need to contact your new provider. They’ll tell you what you need to do.

Hinckley & Rugby Cash ISA accounts can be transferred to another approved ISA provider subject to the terms and conditions of your ISA account.

You can transfer current year subscriptions in whole and/or previous years’ investments in whole or in part.

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

How long will it take?

We try to complete all ISA transfers as quickly as possible. The deadline for external cash ISA transfers is 15 working days.

Fund your Hinckley & Rugby Building Society ISA from an account held with the Society

You’ll need to write to us. In your letter, please include:

• The account number you want to transfer money from.
• The account number you want to transfer money to.
• The amount you want to transfer.
• Sign the letter in line with the withdrawal mandate on the originating account.

We will also require both account passbooks to complete your request.

The maximum you can invest in this tax year is £20,000 (less any amount invested in another Cash ISA elsewhere, a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one tax year.

Send your letter to:

Hinckley & Rugby Building Society
Upper Bond Street
Hinckley
Leicestershire
LE10 1NZ

You can also do this in branch. Find your local branch or agency.

Transfer funds from a non-Hinckley & Rugby Building Society account to my Hinckley & Rugby Building Society ISA

First, check that the ISA you hold with us is still accepting funds. You should be able to find details of this in the Terms and Conditions of the account. If not, please get in touch with us to find out.

If you want to send funds electronically, please refer to our Paying into your savings account page on how to pay funds into your account, for further details.

Alternatively send cheques payable to the account holder to:

Hinckley & Rugby Building Society
Upper Bond Street
Hinckley
Leicestershire
LE10 1NZ

You can also do this in branch. Find your local branch or agency.

The maximum you can invest in this tax year is £20,000 (less any amount invested in another Cash ISA elsewhere, a Stocks and Shares ISA, Innovative Finance ISA and/or Lifetime ISA in the same tax year). You must not exceed the ISA limits in any one tax year.

Please note: Hinckley & Rugby Building Society only offers cash ISAs, and only accepts transfers from cash ISAs.

Withdrawals/transfers to non-ISA accounts

If you withdraw money from an ISA account or transfer money from an ISA to a non-ISA account, the funds you withdraw will lose their tax-free status, and you will lose that proportion of your annual ISA allowance.

If you would like further information, or to discuss your ISA with us, please call us on the details below.