Tax-efficient savings and investments from our range of ethical ISAs

Make the most of your tax-free ISA allowance

We offer four types of ethical ISAs so our customers can choose what best suits their financial goals – as well as their desired impact. Plus, you can split your £20,000 ISA allowance between different ISA types and accounts, so you could put some money into fixed savings, some into variable and some into investments each tax year and save on tax.

Your money will help drive positive change

The money entrusted to us by our customers goes to support a wide range of pioneering businesses. From organic farms and wind farms to social housing projects and community centres.

We only support organisations that are contributing to social and environmental change. And, if it’s having a bad impact on the environment and society – we don’t invest in it. So that means no oil and gas companies.

Every organisation we lend to or invest in is published on our website - so you know exactly where your money is going.

It's easy to set up and manage

You can open a Triodos ISA in minutes using your smartphone – from as little as £1 for a cash ISA. You can then manage your money anytime using the Triodos Mobile App and see the impact your money is having in terms of renewable energy generated, CO2 avoided, and more.

And once it’s set up, you can transfer an ISA from another provider into your new Triodos ISA. It’s a great way to get even more of your money doing good for people and planet – plus make managing your finances more convenient.

Keep in mind that tax and ISA rules change and any benefits will depend on your circumstances. When investing, your money is at risk.

While you earn tax-free interest, your money is having a positive impact on people and planet

Support pioneering organisations, with no income tax on your investments. Keep in mind that your money is at risk with investing

Five things to know before opening an ISA

1. You can deposit up to £20,000 into ISAs each tax year

This money will benefit from some serious perks, such as no tax to pay on any income or interest. Plus, no capital gains tax on investments.
But if you don’t use it, you lose it. The £20,000 allowance resets every tax year and any unused allowance will not be carried over.

2. You can save and invest with an ISA

The name (Individual Savings Account) often causes confusion as it implies it’s purely a way of saving money, but it’s also possible to have ISAs designed for investments.
The Triodos Stocks and Shares ISA allows customers to invest in sustainable listed companies via our impact funds, and the Innovative Finance ISA allows customers to directly invest in organisations via the crowdfunding platform.

3. You can have more than one type of ISA

You can have more than one type of ISA and can split your £20,000 allowance across different ISAs.
Triodos Bank offers a Stocks and Shares ISA, Fixed and Variable cash ISAs, and an Innovative Finance ISA. The best part is that you can mix and match to create a tax-efficient solution that’s best for you.

4. You can transfer ISAs from another provider

It’s straightforward to switch an existing ISA over to Triodos. If you don't already have a Triodos ISA simply open the one you want. Then complete a transfer form. This will ensure you retain the tax benefits of your transferred ISA.
If you try to withdraw the money yourself, you’ll lose the ISA status and you may have to pay tax.

5. Some ISAs are flexible

Flexible ISAs let you take money out and then put it back in during the same tax year without it affecting your ISA allowance.
For example, if you have £10,000 in your cash ISA at the start of the tax year you could withdraw £3,000, then pay £3,000 back in in the same tax year and still be able to pay in £20,000 of ‘new’ money.
Our Online Cash ISA and Triodos Cash ISA are both flexible ISAs.

Top up your ISA

What is a Cash Account and why do I need one?

Every Stocks and Shares ISA or Impact Investment Account has a linked Cash Account. Cash Accounts are used for:

holding the cash that you will use to make new investments, including regular monthly investments
receiving dividend payments
receiving proceeds from selling shares
holding cash to cover your Annual Service Charge (which is charged quarterly)

You may have more than one Cash Account as a separate Cash Account is needed for each investment account you have. For example, you may have one Stocks and Shares ISA Cash Account, a sole Impact Investment Cash Account and a joint Impact Investment Cash Account.

You will see your Cash Account coupled next to the Stocks and Shares ISA or Impact Investment Account it is linked to, in your account ‘Overview’ in the Triodos Mobile Banking App or Internet Banking.

If you are adding money to your Cash Account for the first time, then this will need to be transferred from your nominated account. Subsequent payments into your Cash Account (ready to purchase more shares or to cover your Annual Service Charge) can come from any of your accounts. Take care to select the correct Cash Account to transfer money into as you may have more than one Cash Account as described above. You can find your Cash Account bank account number within the Mobile App or Internet Banking, use this along with our sort code 16-58-10.

Once you add money into a Stocks and Shares ISA Cash Account linked to a Triodos Stocks and Shares ISA, this will count as an ISA subscription for the current tax year.

Money held in your Cash Account can be transferred out to your nominated account, though you may want to keep some money in your Cash Account to cover the Annual Service charge (charged quarterly), to cover regular monthly investments or to have a balance available to purchase more shares on an ad hoc basis. If you do not keep enough money in your Cash Account to cover your Annual Service Charge, we will instruct to sell shares in your investments to cover the required amount. See What are the charges for investing? for more details on the Annual Service Charge.

You may wish to set up a standing order to make regular payments into your Cash Account, to ensure money is available for your quarterly Annual Service Charge and/or for any regular monthly investments you set up. For more information see How do I add money to my Cash Account?

If you set up a standing order into your account, please ensure the money will be received and cleared in your Cash Account before your monthly investment date, bearing in mind that standing orders will not be processed on a weekend or a bank holiday.

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How do I add money to my Stocks and Shares ISA or Impact Investment Cash Account?

If you are adding money to your Cash Account for the first time, then this will need to be transferred from your nominated account. Subsequent payments into your Cash Account (ready to purchase more shares or to cover your Annual Service Charge) can come from any account in your name. Take care to select the correct Cash Account to transfer money into as you may have more than one Cash Account. For example, you may have one Stocks and Shares ISA Cash Account, a sole Impact Investment Cash Account and a joint Impact Investment Cash Account.

You can find your Cash Account bank account number within the Triodos Mobile Banking App or Internet Banking, use this along with our sort code 16-58-10.

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How can I top up my Stocks and Shares ISA?

To top up a Triodos Stocks and Shares ISA, simply make an online payment into your linked Stocks and Shares ISA Cash Account. Once you add money into a Stocks and Shares ISA Cash Account, this will count as an ISA subscription for the current tax year.

You can then take your time to decide what investments you would like to make, safe in the knowledge that your money has already counted as a subscription for the current tax year.

The Triodos Bank sort code is 16-58-10 and you can find your Triodos Stocks and Shares ISA Cash Account number by logging in to your account online or via the Triodos Mobile Banking App, or by checking your account statements.

Remember that investments go up and down in value, so you could get back less than you put in.

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How can I top up my cash ISA?

To top up a Triodos cash ISA you can:

Make an online payment from another account (either an account with another provider or another Triodos account that allows withdrawals).
Send us a cheque if the Triodos cash ISA you want to top up accepts cheque.

The following accounts do not accept cheque payments:

Online Cash ISA
Fixed Rate Cash ISAs

If you want to deposit a cheque, please post it along with your account details or a paying-in slip to: ‘Freepost TRIODOS BANK’ (no stamp required)

The Triodos Bank sort code is 16-58-10 and you can find your Triodos cash ISA account number by logging in to your account online or via the Triodos Mobile Banking App, or by checking your bank statements.

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Savings and investments in ISAs that you’ve left ticking over with other providers could be used to finance fossil fuels or other practices that don’t align with your values.

How to transfer an existing ISA to a Triodos Stocks & Shares ISA

You can transfer some or all of an existing ISA to a Triodos Stocks & Shares ISA and invest in the Triodos Impact Investment Funds - without losing your tax-free ISA status. Remember, the benefits of ISAs depend on your circumstances and tax rules may change in future.

You can transfer from another provider, or from a Triodos Cash ISA or Innovative Finance ISA. Please check with your existing ISA provider if there are any penalties or charges for transferring out.

You can transfer in just a few simple steps.

Open a Triodos Stocks & Shares ISA
Already have a Triodos Stocks & Shares ISA? Move onto step two.
If you don’t currently have one, you'll need to apply for a Triodos Stocks & Shares ISA through the Triodos Mobile Banking App before you can make a transfer into it.
Complete your transfer form
Download the transfer form, complete it and return it to the address on the form.
- Transfer from another provider to a Triodos Stocks & Shares ISA
- Transfer from another Triodos ISA to a Triodos Stocks & Shares ISA
The form tells us which ISAs you want to move. If you want to transfer more than one ISA to us, please send us a separate form for each ISA you wish to transfer.
The transfer forms are interactive so you can add your details online. However, we need an original signature, so you'll need to print and sign the form before posting it to us.
We’ll transfer the cash across to your ISA
We’ll transfer the funds directly between your ISAs and protect your tax-free ISA status.
Do not move funds out of an ISA yourself, because your money will lose this ISA status.
We’ll let you know when the transfer is complete. The whole process usually takes 14-30 days.

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How to transfer an ISA to a Triodos cash ISA

If you already have an ISA with another provider, you can transfer some or all of it to a Triodos cash ISA, without losing your tax-free ISA status.

You can also transfer all or part of your existing Triodos cash ISA to a different Triodos ISA.

Open a Triodos cash ISA
Already have a Triodos cash ISA? Move onto step two.
You can make a transfer once your Triodos cash ISA is open, so if you don’t have a Triodos cash ISA yet, explore our range of ethical ISAs now to find the right one for you.
Complete your transfer form
Download the right form below, fill it out and post it to us at:
Freepost TRIODOS BANK
The form tells us which ISA/s you want to move. If you want to transfer more than one, please send us a separate form for each ISA transfer.

The transfer forms are interactive so you can add your details online. However, we need an original signature, so you'll need to print and sign the form before posting it to us.
We’ll transfer the funds for you
We’ll transfer the funds directly between your ISAs and protect your tax-free ISA status.
Do not move funds out of an ISA yourself, because your money will lose this ISA status.
We’ll let you know when the transfer is complete. The whole process usually takes 14-30 days, so if you want to transfer into a new Fixed Rate ISA please remember that we need to receive the transfer funds within the first 60 days.

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FAQs

Can I transfer my existing cash ISA to Triodos?

Yes. You can transfer an existing cash ISA to your Triodos cash ISA. If you don't already have a Triodos cash ISA, you will need to open one first. Explore our range of ethical ISAs to find the right one for you, then apply via the Triodos Mobile Banking App.

To request the transfer, you’ll need to download and complete the relevant form below. The forms are interactive so you can fill out your details online, but you’ll need to print the form and sign it using a pen.

Then simply return it to ‘Freepost TRIODOS BANK’ and we’ll transfer your money directly between your ISAs and protect your tax-free ISA status. Do not move your money out of an ISA yourself, because your money will lose this ISA status.

The transfer process usually takes between 14-30 days. We’ll write to you when the transfer is complete.

If you are transferring to a new Fixed Rate ISA, please note that it can take up to 30 days to complete a transfer. We must receive your money from your existing provider within 60 days of the Fixed Rate ISA account opening date, so please make sure you start the transfer process as soon as possible.

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Can I transfer other cash ISAs into a Triodos Fixed Rate Cash ISA?

How does transferring affect my ISA allowance?

If you arrange a transfer between ISAs by completing a transfer form, your tax-free ISA status will remain protected and the transfer will not affect your ISA allowance for the current tax year.

Don’t withdraw the money out of an ISA yourself or move it to a personal bank account. If you do this, your money will lose its ISA status. This means that you can’t reinstate it and you’ll permanently lose that portion of your ISA allowance. If you choose to re-add money that you’ve withdrawn from an ISA, you’ll use up a portion of an ISA allowance, unless you have a flexible ISA.

Ethical ISAs

Why a Triodos ISA?

Discover our ethical ISAs

Our savings ISAs

Online Cash ISA

Fixed Rate Cash ISA

Our investment ISAs

Stocks and Shares ISA

Innovative Finance ISA

What you need to know about ISAs

Learn more about ISAs

What can you do with your ISA?

How does a Stocks and Shares ISA work?

Is a cash ISA right for you?

Top up your ISA

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Transferring an existing ISA to Triodos

How to transfer an existing ISA to a Triodos Stocks & Shares ISA

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