Cash ISA application

If you’re new to the M&S Cash ISA, it only takes a few minutes to apply online. Before you start, please look at the What you should know before you apply section below. If you need help completing an application or transfer form, take a look at our Guidance Notes.

We are no longer accepting applications from new M&S Cash ISA customers to save in the variable rate M&S Advantage Cash ISA option. New M&S Cash ISA customers can choose to save over 1, 2 or 3 years with the M&S Fixed Rate Savings option.

Start your application

Want to top-up your M&S Cash ISA?

If you have an existing M&S Cash ISA (including the Flexi option or Tracker option), you can use this top-up form to top-up any remaining cash ISA allowance into the M&S Advantage Cash ISA option or M&S Fixed Rate Savings option.

If you wish to top up your existing M&S Flexi Cash ISA or M&S Tracker Cash ISA option, please call us on 0800 028 28 24 as it is not possible to top-up these options online. (Lines are open Monday to Friday – 8am to 8pm, Saturday – 9am to 5pm. Calls may be recorded.)

Top up your existing ISA

What you should know before you apply

Am I eligible?

To apply for a cash ISA you have to be aged 16 or above and be a UK resident, or if not so resident be a Crown employee serving overseas, or be married to, or in a civil partnership with, such a person. The M&S Cash ISA is not available to residents of the Channel Islands and the Isle of Man.

How much can I save?

You can save up to £5,760 in a cash ISA during the current tax year (ends 5 April 2014).

What you'll be asked for

Your contact details – the address you give should be the same as your debit card’s registered address
Your National Insurance number
Your email address
Your bank or building society details
Your debit card details – make sure you’ve got enough cleared funds in your account to make a deposit
We may ask you for proof of identity and/or bank details for verification at a later stage

To comply with our regulatory obligations, we need to collect certain personal information from you and know how you will fund your account.

How will you typically fund this account? (How you fund this account overall may differ from how you fund this transaction)
Employment status and details
Gross annual income (This is your annual income from all sources before tax or any other deductions)
How will you fund this transaction? (How you fund this transaction may differ from how this account is funded overall, e.g. the main funding of this account may be your salary, however this transaction may be funded by a family gift).

What you should read

Before you start, you need to read (and agree to) our M&S Cash ISA Terms and Conditions and the Fixed Rate Savings Issue 19 (Cash ISA) Terms and Conditions. You should also read the M&S Cash ISA Summary Box and M&S Cash ISA Key Features. If you need help completing the application or transfer form, take a look at our Guidance Notes.

Monthly payments and transfers

Want to set up a monthly payment into your M&S Cash ISA? Or transfer your savings from a cash ISA with another provider? You need to download and complete an application form or transfer form, then send it to us by post. Don't forget to read the Guidance Notes if you need help completing the forms.

Lines are open Monday to Friday - 8am to 8pm, Saturday - 9am to 5pm. Calls may be recorded.

*AER is the annual equivalent rate. This is the interest rate you’d get if interest was paid and added to your savings on an annual basis. Tax-free means free from UK Income Tax and Capital Gains Tax. Interest will be credited to your account annually. Interest rates correct on 10/05/2013.