Cash ISA

Vernon Building Society Monthly Income Fixed-Rate ISA Review

A three-year cash ISA from Vernon Building Society, with a £20,000 minimum deposit. It ranks 19th of 28 three-year cash ISAs we track.

Fixed rate · 3 years

4.40%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£20,000

Max balance

No limit

Access

Not permitted

Interest paid

Monthly

Transfers in

Accepted

How It Stacks Up

Ranks 19th of 28

3-year cash ISAs we track

Below average
This account 4.40%
UK CPI (Aug 2026)
3.10%
Pays 1.30% more
Average 3-year cash ISA
4.61%
Pays 0.21% less
Best 3-year cash ISA
5.11%
Pays 0.71% less

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

Compare cash ISAs

A Good Fit For

  • Pro: New and existing savers
  • Pro: Savers who want a monthly income

Worth Weighing Up

  • Con: You need at least £20,000 to open it

Please verify all details with the provider – see our Disclaimer

See all Vernon Building Society accounts

Estimated returns with Vernon Building Society's Cash ISA

What you could earn with Vernon Building Society's Monthly Income Fixed-Rate ISA.

Estimated interest

£20,000 saved

£2,758

At 4.4% AER

£25,000 saved

£3,447

At 4.4% AER

£50,000 saved

£6,895

At 4.4% AER

Estimated over the 36-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 Vernon Building Society Monthly Income Fixed-Rate ISA

Jonny PeaseCo-Founder, DepositScout

Vernon Building Society's Monthly Income Fixed-Rate ISA pays 4.40% until 31 October 2029, with interest paid monthly, which suits anyone who wants a regular income stream from their ISA savings. The minimum is £20,000, so this is aimed at savers with a decent lump sum already built up. At 4.40% it sits below the cash ISA market average and is 0.72% behind the current market leader at 5.12%, so it is not the sharpest rate available. The real catch is that access is not permitted for the term, meaning your money is locked away for several years.

Compare Cash ISAs

2 alternatives to Vernon Building Society's Monthly Income Fixed-Rate ISA

Same type of account, closest on rate.

Common questions about the Monthly Income Fixed-Rate ISA

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 Vernon Building Society 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