What is the product?

This is an Easy Access Cash ISA, operated under Shariah principles. This means that interest cannot be earned, but we generate profit instead.

Key product information

Account name

Easy Access Cash ISA

Expected Profit Rate (EPR)

0.60% AER

Can Gatehouse Bank change the expected profit rate?

Yes, the expected profit rate is variable. We can increase or decrease the rate for any of the reasons set out in the Terms and Conditions.

We will provide you with 30 days' notice of any reduction to the expected profit rate applicable to your account.

Estimated balance after 1 year based on a £1,000 deposit


Please note: This projection is provided for illustrative purposes only and does not take into account customer's individual circumstances. This projection is based on:

- an initial £1,000 deposit

- no further deposits or withdrawals are made

- profit is paid away to your nominated account annually

How do I open and manage my account?

You can open your account online using the ‘apply now’ button below. Once opened, you can manage your account online 24/7.

Minimum deposit - £1,000
Maximum deposit - £1,000,000

Please note the maximum amount that can be subscribed to a Cash ISA per tax year is £20,000.

How do I fund my account?

We will apply the profit rate shown on our website, or a higher rate if we have increased it, provided that you send us your deposit amount by bank transfer or cheque within 14 days of making your application. Please be aware that if we have not received your deposit amount as cleared funds within 45 days of making your application, the account will not be opened and you will need to reapply.

Funds sent to your Cash ISA must be from your nominated account.

Transfers from existing ISA accounts you hold are permitted.

Can I withdraw money?

Under HMRC ISA Subscription rules you can withdraw money from this tax year or previous tax years. Withdrawals are permitted at any time without penalty.

You can withdraw money from your Cash ISA by logging in to your account. Withdrawals will be paid back to your nominated account.

Additional Information

Profit earned is tax free and will not count towards your Personal Savings Allowance.

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Savings customer support & contact information

Support is available by telephone and online, by logging into your account.

Postal address:

Gatehouse Bank, PO Box 861, Wallsend, NE28 5BP


0345 600 3350



Making a complaint

If you are unhappy with any aspect of our service and want to make a complaint, please contact us in the first instance and we will try to resolve the complaint as fast and fairly as possible. A copy of our complaints policy is available on our website.

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Financial Services Compensation Scheme (FSCS)

Your eligible deposits are protected by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme. The FSCS can pay compensation if a bank is unable to meet its financial obligations. Each account holder is entitled to claim up to the current FSCS limit in respect of the total value of all accounts you hold with us. Currently, this is up to £85,000 per person and £170,000 for joint accounts. Any deposits you hold above these limits are not covered. Please visit www.fscs.org.uk for further information.

FSCS Protected