- Spring broadens product range with the launch of its first easy access cash ISA
- The Easy Cash ISA combines flexibility with a rewarding rate of 4.01% AER
- Cash ISA savings surge in popularity, but many savers are receiving poor returns
Spring is introducing tax-free savings to its award-winning savings app with the launch of its first flexible Easy Access cash ISA.
The Spring Easy Cash ISA is available from today and offers an attractive rate of 4.01% AER.
Flexibility is at the heart of Spring’s Easy Cash ISA and any money withdrawn can be replaced without it affecting a customer’s annual ISA allowance during the specific tax year.
Cash ISAs have become an increasingly popular savings vehicle in recent years as people look to minimise their tax exposure. Spring’s analysis of Bank of England data shows that cash ISA savings represented 28.7% of total retail savings balances in March 2026, the highest proportion on record1, up from 26.2% a year ago and 24.5% at the start of the decade.
However, despite their growing popularity, many instant access ISA savers have money languishing in poor paying accounts, with nearly nine million (8.9 million) adult instant access cash ISA accounts earning 2% or less interest2, representing £68 billion in balances.
The new Easy Cash ISA is designed to give savers more flexibility while helping them generate a better return on their annual ISA allowance through the Spring app. The launch is Spring’s initial entry into the cash ISA market, with ISA transfers in and other products to follow.
Built using Open Banking technology, Spring’s App connects to a customer’s existing current account in seconds. Spring’s Easy Saver provides a genuine easy access, enabling seamless transfers between accounts, while allowing customers to withdraw money when they need it.
Savers can save £20,000 within a cash ISA this tax year, with those aged 65 or over retaining that allowance for future tax years.
Spring Head of Money Derek Sprawling said:
"For anyone still looking to make use of their ISA allowance, the new Spring Easy Cash ISA combines a rewarding rate with a simple and flexible way to save tax-free. We know many savers want to put their money somewhere that works harder for them, but without locking it away, and that is exactly what this ISA is designed to do.
“The Spring ISA is our first step into a cash ISA market and allows customers to withdraw their money whenever they need to and, as it is a flexible ISA, they can also pay that money back in without losing that part of their allowance. It gives people more control over how they save, while still benefiting from the tax advantages an ISA offers."
Download Spring today – your helpful savings companion
Spring is a new savings app, but it is much more than that. It’s a helpful savings companion that enables customers to earn more interest on their everyday money. Spring is so easy to use. Simply download the app, connect it to your current account and see your money grow.
Open Banking connects the app to a customer’s current account, enabling the seamless movement of money between the two. There are no withdrawal limits or fees, and 24/7 app support with help tools, backed by a UK customer service team. Customers can apply in minutes.
Effortless saving
Open a Spring Easy Saver Cash ISA today. The Spring app uses open banking to connect to your current account, making saving seamless and simple.
To get started, download the app.
Notes to editors
- Spring analysis of BoE Money and Credit data
- CACI’s Current Account & Savings Database (CSDB), Stock at April 2026.
Contact us
For press and media enquiries, please email media@spring-savings.co.uk
