M&S Cash ISA

Make the most of your tax-free Cash ISA allowance

M&S Flexi Cash ISA option – 2.65% AER

Cash ISA

  • The new Flexi Cash ISA option offers a rate of 2.65% AER/tax-free*, which includes a 1.25% bonus payable for 18 months from initial deposit then reverting to our standard variable rate, currently 1.40% AER/tax-free**
  • Alternatively earn up to 4.00% AER/tax-free with our fixed rates for 1, 2 or 3 years
  • Or split your tax-free savings between our fixed and variable rates
  • Save up to £3,600 this tax year – or £5,100 if you will be 50 or over on or before 5 April 2010
  • Unlimited transfers – move money from other providers' Cash ISAs

Make the most of your tax-free Cash ISA allowance

If you are an M&S main cardholder you will receive 2,000 loyalty points when you take out the Flexi Cash ISA option between 9 February and 30 April 2010.

The tax benefits provided by a Cash ISA depend on individual circumstances and may change in the future.

*AER is the Annual Equivalent Rate and illustrates what the rate of interest would be if interest was paid and compounded on an annual basis. Tax-free means the rate of interest where interest is exempt from income tax. Interest will be credited to your account annually. Variable interest rate correct as at 09/02/2010.

**The 1.25% bonus will be paid for 18 months from the date of your first deposit into the Flexi Cash ISA option. Any subsequent top ups into your Flexi Cash ISA option will be subject to the bonus period commencing on your first deposit.

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Your Savings Questions

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Existing M&S ISA Customers

Don't forget – you can top-up your M&S Cash ISA online anytime.

Top-up your Cash ISA here

View and compare all M&S savings rates

Rates for our current savings products and those no longer available

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New ISA Limits

If you will be 50 or over on 5 April 2010, you can now save up to £5,100 in a Cash ISA per tax year.

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