Before you apply
Eligibility criteria
To apply for an M&S Cash ISA you must:
-
be a UK resident*
be aged 18 or over
* If not a UK 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.
What you'll be asked for
During your application process we will need your:
permanent residential address
previous permanent residential address
National Insurance number
email address
bank or building society details for future income or withdrawal payments
debit card details
Transferring an existing ISA
It's easy to transfer from another provider's ISA into the M&S Cash ISA. All you have to do is send back to us the relevant transfer form and we'll do the rest. You can find the forms in the 'Important documents' section above.
Once the transfer is complete, we'll let you know.
Where you are transferring in a stocks and shares ISA to a cash ISA, your stocks and shares ISA manager will, after receiving the instruction to transfer, sell your investments and make the transfer to us in cash.
Important documents
Please read the following documents:
- M&S Cash ISA Terms and Conditions
- Cash ISA to M&S Cash ISA transfer form
- Stocks & Shares ISA to M&S Cash ISA transfer form
- M&S Bank Privacy Notice
- M&S Cash ISA Key Features
- UK FSCS Information Sheet and Exclusions List
You may require Adobe PDF reader to view these documents. Download Adobe Reader
Other important information
Please read the following information:
Checking your details
To comply with regulatory obligations we need to collect certain personal information from you, including your employment and income details and how you will fund your account. We will conduct various checks on applications and transactions.
Your name and address will be checked with a credit reference agency to verify your identity and for crime prevention measures, using information from the Voters Roll and other public sources. If we're unable to confirm your details we will write to you to request verification prior to accepting and completing your application.
We will check to confirm the card being used is yours by using a database maintained by the UK banks (Address Verification System). If we are unable to confirm the card is yours we will write to you requesting additional documentation to verify the transaction and outline the action we will take if we do not receive the documentation.