Yes, you can. And don’t forget, the Smart ISA is flexible. You can find out more about what that means here.  

The withdrawal process varies, depending on the type of ISA pots you have: 

Access ISA pots 

With Access ISA pots, you can withdraw all or a portion of your money anytime. Simply go to your Smart Saver in the app, tap Withdraw and choose the Access ISA pot you want to withdraw from. 

Fixed Term ISA pots 

Your Fixed Term ISA pot will automatically turn into an Access ISA pot once the term completes. At this point, you can withdraw your savings to your linked bank account.  

To withdraw from a Fixed Term ISA pot before the end of the term, you need to break the fixed term and pay an interest charge. Then, you can either withdraw the full balance to your linked bank account or move it to an Access ISA pot, where it’ll earn a variable interest rate.  

Please note, if you break your fixed term after the 14-day cancellation period, you may receive less than the amount you initially deposited. 

The interest charges are as follows: 

  • 1 year fixed term, 90 days of interest 

  • 2 year fixed term, 180 days of interest 

  • 3 year fixed term, 270 days of interest 

  • 4 year fixed term, 320 days of interest  

  • 5 year fixed term, 365 days of interest  

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