Fixed cash ISA maturity instructions

When the term is nearly over for your fixed cash ISA, provide your instructions to choose what you want to do with your savings.

If your account has already matured, skip to read your options.


Your options if your account is due to mature

We will send you a maturity pack before your maturity date containing all the information you will need about the options available to you. If there are 25 days or less left of your fixed term, you can choose what to do with your money from the following options:

  • Reinvest your full balance into a new fixed rate cash ISA.
  • Reinvest and add more money.
  • Withdraw money and reinvest the rest.
  • Close the account and withdraw all your money.

More about reinvesting into a fixed cash ISA

The benefits of reinvesting

  • All interest is paid tax free.
  • ISA transfers benefit from our ISA Promise.
  • You have 14 days from the date the ISA changes to cancel the account with no charge. You can do this by closing it or transferring to another ISA product. We will pay you back any credit balance and pay interest on the account for the time your money was with us.

Bear in mind

  • All deposits and transfers are needed within 60 days of account opening.
  • You can choose where your interest is paid: to your ISA, to another account with us or another bank or building society. If you arrange for your interest to be paid into a different account, any more interest you earn from this may be subject to tax, unless the other account is also tax-free.
  • At the end of the fixed term, unless we receive instructions from you, your account automatically changes to an ISA Saver. See ISA Saver interest rates (PDF, 612KB).

What you can reinvest into

What can you reinvest into

Account Name

Interest rates/AER

Minimum opening balance



Account Name

Fixed Cash ISA

Interest rates/AER


AER/tax free for the 1 year term.



AER/tax free for the 2 year term.


An extra 0.20% AER/tax free for the 1 year term or 0.05% AER/tax free for the 2 year term will be added if you already hold a Bank of Scotland Personal Current Account that has been open for a minimum of 40 days.


Choice of interest paid monthly (may be at a different rate) or annually.

Minimum opening balance



Online, branch, phone


No withdrawals.

If you close your account early, you lose an amount the same as 90 days’ tax free interest for a 1 year term and180 days’ tax free interest for a 2 year term. This means you may get back less than the amount you reinvest.


How to select your choice

You can submit your instructions by phone, online or in one of our branches with a counter. You need to do this before the date your fixed term ends. If you lose your maturity pack, you can still submit your choice by any of the options below.


Provide your instructions through Internet Banking by selecting your option under “more actions” in your account overview.

Log in to select your maturity option

If you have not already, you can register for Internet Banking.

By phone

You can call us on 0345 602 0304.
Lines are open 9am – 6pm Monday – Saturday

In branch

Visit your local branch with a counter and bring proof of identity. We recommend you book an appointment.

After you've submitted your choice

If your account matures on a Friday, weekend or bank holiday, you won't see your requested changes in Internet Banking until the next working day.

If you reinvest, once your request is complete we will send you a Certificate of Investment confirming the term and interest rate on your new account.

Your options if your account has already matured

If your fixed cash ISA matured and you didn't provide your maturity instructions, it would have changed into an easy access cash ISA with a variable interest rate.

You can now decide whether to:

Tax treatment depends on individual circumstances and may change in the future.

For a definition of AER, gross and other terms, view our savings glossary.