How to maximise your returns with a Flexible Cash ISA and Multi-Currency Current Account

In today’s environment, clients want both growth and flexibility. With iFAST Global Bank, you don’t have to choose. By pairing the Flexible Cash ISA with the Multi-Currency Current Account (MCCA), you can maximise returns while keeping full control of your money. 

🌱 1. What Is a Flexible Cash ISA*? 

A Flexible Cash ISA allows you to: 

• Earn interest tax-free 

• Withdraw funds at any time 

• Re-deposit the same withdrawn amount within the same tax year without affecting your ISA allowance 

With iFAST Global Bank, your GBP savings inside the ISA can earn 3.00% AER (variable)^. 

*For UK residents with valid National Insurance Number. 

💼 2. Earning Interest Even When You Withdraw 

If you need access to your funds for expenses, opportunities, or simply to increase liquidity, you can move money from your ISA into the Multi-Currency Current Account. 

Your cash still works for you. 
You can earn 2.65 AER (variable)* on GBP balances in the MCCA, even while keeping full flexibility to spend, transfer, or convert into 8 other currencies. 

🔄 3. How Using Both Accounts Maximises Your Benefits 

Step 1 — Grow tax-free 
Keep your core savings inside the Flexible Cash ISA for the highest tax-free rate and utilize your allowance (£20K per tax year). 

Step 2 — Access when needed 
Withdraw at any time with no penalties. 

Step 3 — Keep earning in your MCCA 
Transfer funds into your MCCA to maintain interest earnings while enjoying multi-currency convenience up to 9 available currencies. 

Step 4 — Re-deposit to restore your ISA allowance 
Thanks to ISA flexibility, you can return withdrawn funds within the same tax year without affecting your annual £20,000 ISA limit. 

🧭 4. Why This Strategy Works for You 

By combining both accounts, you can enjoy: 

• 3.00% AER (variable) on GBP^ tax-free interest in your ISA. 

• 2.65% AER (variable)* interest even on withdrawn GBP funds in your MCCA.

• Full withdrawal freedom without losing out on your £20,000 tax-free allowance 

• Effective cash management across multiple currencies 

• Smart use of your ISA allowance 

It’s a simple, powerful approach to ensure your money is always working — whether you’re saving, spending, or waiting for the right opportunity. 

^Your eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to a value of £120,000. For UK residents only. T&Cs Apply. 

*Details regarding the interest rates for other currencies can be found on our website at www.ifastgb.com. Please refer to our website for full terms and conditions. Up to £120,000 of your deposit is fully protected by FSCS (Financial Services Compensation Scheme). https://www.fscs.org.uk/ has further details on the scheme.    
Interest is calculated daily and paid out monthly. The interest you receive may be subject to UK tax, depending on your individual circumstances for which you should seek independent advice. The rates provided are the published rates as of 2/1/2026.