Cash ISA

Royal Bank of Scotland Fixed Rate ISA 2 Year Review

A competitive two-year cash ISA from Royal Bank of Scotland, with a £1,000 minimum deposit. It ranks 14th of 44 two-year cash ISAs we track.

2 years

4.75%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1,000

Max balance

No limit

Access

2 Years

Interest paid

Annually

Transfers in

Accepted

Royal Bank of Scotland is also paying up to £500 to switch your current account.

See the switch offer

How It Stacks Up

Ranks 14th of 44

2-year cash ISAs we track

Above average
This account 4.75%
UK CPI (Aug 2026)
3.10%
Pays 1.65% more
Average 2-year cash ISA
4.50%
Pays 0.25% more
Best 2-year cash ISA
5.05%
Pays 0.30% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

Compare cash ISAs

Pros and cons

  • Pro: New and existing savers
  • Con: You need at least £1,000 to open it

Please verify all details with the provider – see our Disclaimer

See all Royal Bank of Scotland accounts

Estimated returns with Royal Bank of Scotland's Cash ISA

What you could earn with Royal Bank of Scotland's Fixed Rate ISA 2 Year.

Estimated interest

£1,000 saved

£97.26

At 4.75% AER

£5,000 saved

£486

At 4.75% AER

£10,000 saved

£973

At 4.75% AER

£50,000 saved

£4,863

At 4.75% AER

Estimated over the 24-month term, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Our Expert Opinion on Royal Bank of Scotland Fixed Rate ISA 2 Year

Jan WatermannCo-Founder, DepositScout

Royal Bank of Scotland's Fixed Rate ISA 2 Year pays 4.75%, which sits above the cash ISA market average but 0.37% behind the category leader at 5.12%, so it is decent without being the best available. The rate does beat CPI inflation of 3.1% by 1.65 percentage points, which at least preserves real purchasing power over the two-year term. The obvious catch is that your money is locked away for two years with no access, so this suits savers who are confident they will not need the funds. You need at least £1,000 to open it, and transfers in are accepted.

Compare Cash ISAs

2 alternatives to Royal Bank of Scotland's Fixed Rate ISA 2 Year

Same type of account, closest on rate.

Common questions about the Fixed Rate ISA 2 Year

D

DepositScout Alerts

2 minutes ago

Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
View Best Rates
Live Market Tracking

Be the first to know when this Royal Bank of Scotland rate drops.

Join 1,000+ savers using DepositScout who get instant email alerts when top UK savings rates change. Never miss out on a better deal again.

Takes 30 seconds · No spam · Unsubscribe any time