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Flexible Cash ISA
(Issue 1)

Our Flexible Cash ISA is a great way to take advantage of your 2024/25 ISA allowance of £20,000, with instant access to your funds. You also have the flexibility to replace any money you withdraw without affecting your ISA allowance, as long as it is done in the same tax year. You can pay in a lump sum or make regular smaller payments throughout the year, the choice is yours.

Rates effective from 08 April 2024.


Key features:

  • A variable rate of interest
  • Access your money whenever you like via any of our branches
  • £25 to open and operate the account
  • Receive your interest once a year
  • Transfers of used ISA allowances not accepted
  • 2024/25 subscriptions only
  • Open in branch

Rates available up to:


Account access:

Easy access

Find out more

Account name

Flexible Cash ISA (Issue 1)

What is the interest rate?



Rates effective from 08 April 2024.

Interest earned daily and paid annually on 05 April.

Can Marsden Building Society change the interest rate?

The interest rate is variable so we can increase or decrease the rate at any time.

If the interest rate on your account falls, and the balance in your account is £100 or more, we will personally notify you of the change. All our interest rates are available in our branches and on our website.

All our interest rates are available in our branches and on our website.

For more details about why we may change the rate, and when we’ll let you know about a change, please refer to our General Retail Savings Account Terms and Conditions.

What would the estimated balance be after 12 months based on a £1,000 deposit?

If you saved £1,000, the estimated balance after 12 months would be £1,040.

This example assumes an investment of £1,000 is made on 06 April, no withdrawals or further deposits are made throughout the 12 months, the interest earned is added to the account, and no changes are made to the current interest rate.

It is provided for illustrative purposes only and does not take into account your individual circumstances.

How do I open and manage my account?

This account is available to UK residents and can be opened and operated at a branch.

The minimum balance to open the account is £25. The overall maximum holding by any one person in respect of all savings accounts with the Society is £250,000. This includes money held in a joint account.

Payments into the account can be made in cash, by cheque or debit card (up to £1,000), electronic payment (but not direct debit), standing order or transfer from another Marsden account.

Additional deposits can be made at any time up to the annual ISA subscription limit, currently £20,000 for the 2024/25 tax year.

Transfers of used ISA allowances will not be accepted.

Can I withdraw money?

You can withdraw from your account whenever you need in branch. Limits apply on cash withdrawals.

You can close the account at any time if you need to, however, please be aware that closing the account means ISA status will be lost.

This account is flexible, so you can withdraw money and put it back without affecting your ISA allowance, as long as it is done in the same tax year and the account remains open.

Additional information

*Tax-free means that interest is not subject to income tax.

†AER stands for the Annual Equivalent Rate and shows you what the interest rate would be if interest was paid and added each year.

Interest will be paid tax-free. The favourable tax treatment of ISAs may change in the future.

Download our full savings terms and conditions: General Retail Savings Terms and Conditions (PDF)

Download product terms and conditions: Flexible Cash ISA (PDF).

If you'd like to open an account, please visit your local branch. You can find details of all our branches on our 'Find a branch' page.

If you're planning on visiting a branch to open a savings account, please phone the branch before you visit to check if an appointment will be required. Branch telephone numbers can be found on our 'Find a Branch' page.

Download our list of Identification Requirements before your appointment: Identification Requirements (PDF)

Smiling Marsden colleague on hand to help customers

We're here to help

We want to provide the best service possible, so if you have any questions, get in touch. You can contact us by phone, visit us in branch or email us – we’ll be happy to help.

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