Protection
FSCS£120,000
Min balance
£1
Max balance
No limit
Access
At maturity only
Interest paid
Annually
Transfers in
Accepted
How It Stacks Up
Ranks 25th of 47
1-year cash ISAs we track
This account 4.40%
- UK CPI (Aug 2026)
- 3.10%
- Pays 1.30% more
- Average 1-year cash ISA
- 4.37%
- About the same
- Best 1-year cash ISA
- 4.92%
- Pays 0.52% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
Worth Weighing Up
- Con: Your money is locked in for 1 year
- Con: Not flexible: money you withdraw can't be replaced without using more allowance
Good to Know
New subscriptions are limited by the current £20,000 annual ISA allowance, but there is no account maximum and valid transfers of previous-tax-year ISA savings do not use the current-year allowance. Apply and manage through the Mobile Banking App, Online Banking or by phone. Tesco writes at least 14 days before maturity; without instructions the account becomes an Instant Access Cash ISA at the then applicable ISA Standard Variable Rate.
Please verify all details with the provider – see our Disclaimer
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