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Question:

How do I open a Cash ISA account?

Answer:

You can open an account online or by telephoning us.

If you are a UK resident aged 18 or over you can apply. If you’ve already subscribed to a Cash ISA this tax year, you can only open a Tesco Bank Cash ISA if you transfer all your subscriptions from the existing provider, this year, to a Tesco Bank Cash ISA (if you have previously subscribed to a Cash ISA this tax year but transferred all of your subscriptions to a Stocks and Shares ISA we will treat you as if you never subscribed to the original Cash ISA). Before you do this you must check that your Tesco Bank Cash ISA accepts transfers in because depending upon when you apply you might not be able to do this. Your ISA provider may charge a fee to transfer funds.

To apply for a Tesco Bank Cash ISA you'll need to:

  • Have a UK bank account you can make payments from and to
  • Be 18 years of age or over
  • Be resident in the UK or if not, be a Crown employee serving overseas (and paid out of the public revenue of the United Kingdom) or be married to or in a civil partnership with such a Crown employee.
  • Have not subscribed to a Cash ISA in this tax year, unless you wish to transfer those funds to a Tesco Bank Cash ISA that accepts transfers in (if you have previously subscribed to a Cash ISA in the same tax year but transferred all of your subscriptions to a Stocks and Shares ISA we will treat you as if you never subscribed to the original Cash ISA).
  • Not have exceeded the overall ISA subscription limit for the year.


Once you've successfully opened your Tesco Bank Cash ISA you can sign up for our Online Banking service, so you can view your new account straight away.

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