A safe and straightforward ISA to help you achieve your goals. With no withdrawal restrictions, our Branch ISA (Issue 5) gives you peace of mind knowing you can access your money if you need to.

Tax Free/AER
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-Free is the contractual rate of interest payable where interest is exempt from income tax.
3.85%
Notice for withdrawals
Some of our accounts require you to give notice before you can withdraw money from your account. Further details on the withdrawal restrictions that apply to the account can be found in the section titled - 'Can I withdraw money?' - in the Summary box.
no notice
Age restriction
Minimum or maximum age you must be to open this account.
16 years and over

This product may be withdrawn at any time.

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Key features

  • Tax free savings
  • No notice required for withdrawals
  • Save up to £20,000 in your ISA

Summary box

Account name

Branch ISA (Issue 5)

When you’re ready to open your account, simply download and complete an application form.

What is the interest rate?

The variable rate below applies from 19 August 2023.

  • £100 plus - 3.85% Tax Free / AER

Interest is calculated daily and paid annually on 5 April.

When you’re ready to open your account, simply download and complete an application form.

Can Tipton & Coseley Building Society change the interest rate?

We may increase of decrease the interest rate at any time. Further details of when we do this and how we will let you know, can be found in our Terms and Conditions for savings accounts, available on our website, in branch or in your welcome pack.

When you’re ready to open your account, simply download and complete an application form.

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

This estimation assumes your account is opened with an initial deposit of £1,000. No additional deposits or withdrawals are made, interest is paid gross and added to the account on 5 April, and there is no change to the interest rate.

  • The balance after 12 months based on an initial deposit of £1,000 with an interest rate of 3.85% Tax Free / AER (variable) would be £1,038.61

This estimation is only an example and does not take into account individual circumstances. 

When you’re ready to open your account, simply download and complete an application form.

How do I open and manage my account?

This account is available for anyone aged 16 or over. 

You can open an account at any of our branches without an appointment or, through the post by sending us a completed application form with a cheque payable to yourself for your initial deposit. Application forms can be posted to you on request, collected in branch, or printed from our website. 

We will allow you to transfer your balance from a cash ISA with another provider into this account. 

Joint accounts cannot be opened. Only one account can be opened per customer. 

This account is only available for UK residents and your National Insurance Number will be needed at the time of account opening. 

The minimum amount to open an account is £100. You must have at least £100 in the account to keep it open. Opening balances made by electronic payment must be sent within 14 days, or the account will automatically be closed. The maximum amount that can be held is £100,000 per account. 

You can add money to your account at any of our branches by cash or cheque, through the post by cheque or by standing order. 

The ISA allowance for this tax year is £20,000, which can be split between both Cash and Stocks and Shares ISA's. You can only pay into one ISA per tax year. Please note, we do not provide Stocks and Shares ISAs at the Tipton. 

You can view your balance and recent transactions on the Tipton App, available in the Google Play Store and Apple Store.

When you’re ready to open your account, simply download and complete an application form.

Can I withdraw money?

Withdrawals can be made by cash, cheque or internal transfer without notice or charge. 

Transferring your ISA to another provider is allowed without notice or charge. 

No electronic transfers, direct debits, faster payments, or standing order withdrawals are available. 

When you’re ready to open your account, simply download and complete an application form.

Additional information

Interest is paid without tax deducted.

If you decide within 14 days of opening, that this isn't the right account for you, you can have your money back without charge. We'll arrange to close the account and return your money to you or transfer it to another of our savings accounts.

If you cancel your ISA within this period you’re free to subscribe to another ISA in the same tax year. Any interest paid will be exempt from tax.

The Tipton offer a range of savings accounts on a non-advised basis. There may be another savings account which is more suited to your personal needs. Please, speak to a member of the team for other product information. 

  • Interest rates explained:
  • AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
  • Tax-Free is the contractual rate of interest payable where interest is exempt from income tax. Interest earned on ISAs is tax-free as long as the statutory conditions of the scheme are not breached. Tax treatment depends on your individual circumstances and may be subject to change in the future.

Issued date: 19 August 2023.

Please find our ISA Terms and Conditions here

When you’re ready to open your account, simply download and complete an application form.

Ready to apply?

How would you like to apply?

How would you like to apply?

By Post

Apply by post

In Branch

Apply at one of our branches

Find a branch

Open account by post

Open account on our app

Open account online

Account Summary

Account name Branch ISA (Issue 5)
Tax Free/AER 3.85%
Notice for withdrawals no notice
Age restriction 16 years and over

Things to know...

  • Tax free savings
  • No notice required for withdrawals
  • Save up to £20,000 in your ISA

How to apply

You must print off the following document and post it to our head office:

Tipton & Coseley Building Society,
70 Owen Street,
Tipton,
West Midlands,
DY4 8HG

Download application form

We can help you to...

  • Open a new account
  • Answer any of your questions
  • Discuss your savings options
  • Discuss your existing account
Gayle, from our savings team is happy to help 0121 557 2551*
Our lines are open:
Monday - Tuesday09:00 - 17:00
Wednesday09:30 - 17:00
Thursday - Friday09:00 - 17:00
Saturday09:00 - 12:00
SundayClosed
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.

Great, lets go

If you would like to transfer your ISA into this account, please complete our ISA Transfer In Form.

Please post your completed form to The Tipton & Coseley Building Society, 70 Owen Street, Tipton, West Midlands, DY4 8HG, and remember to include a cheque payable to yourself.

Alternatively, you can open an account at any of our branches.

You should also read our Terms and Conditions for Savings Accounts leaflet and the Financial Services Compensation Scheme sheet.

If you are a new savings customer then you must sign future windfall rights to our Charitable Foundation.

When you’re ready to open your account, simply download and complete an application form.


Our savings customers say...

"Whenever I visit Tipton & Coseley I'm dealt with quickly, on a one to one basis making each visit convenient and ideal." Mrs Cooke
Savings customer read more

Our savings customers say...

"The staff are really friendly and welcoming and always ask how I am, I feel like I can have a chat with them." Mrs Thomson
Savings customer read more