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Is the Tembo Fixed Rate Cash ISA flexible?

Anya Gair avatar
Written by Anya Gair
Updated this week

No, the Tembo Fixed Rate Cash ISA is not flexible. The amount you take out from this account cannot be replaced and will still count towards your annual ISA allowance.

As a fixed ISA, Tembo Fixed Rate Cash ISA is not designed for you to make as many withdrawals as you like. By depositing your money into this account, you’re agreeing to lock away your money for 12 months to benefit from a fixed rate of interest for that period.

If you need access to your money, consider using our easy access Tembo Cash ISA instead. That way, you can have easy access to your money and make as many withdrawals as you like without incurring a charge.

Tax treatment depends on individual circumstances and may be subject to change in the future.

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