Clockwise ISA – Clockwise Credit Union

High Savings Rate

Market-leading savings rate of 4.5% AER – better than most high street banks

Ethical Savings

Money saved with Clockwise helps support the financially excluded and various local organisations

Keep Money Local

Clockwise Credit Union is only open to people in the local communities of Leicester, Leicestershire, Rutland, Coventry, Warwickshire, Nottingham & Nottinghamshire

The Clockwise Cash ISA gives you 4.5% AER interest and helps you make the most of your tax fee allowance.

Save up to £20,000 in the current tax year and/or transfer in ISA allowances from previous tax years.

You can deposit into an existing ISA via the Clockwise app, online, by phone or in branch.

To transfer your ISA to Clockwise, please follow these steps:

Member Reviews

Compare Clockwise Savings Accounts

	Instant Access	Cash ISA	Gold Saver	JISA	Current Account	Prize Saver
Overview	Easy access to your money	Tax free interest	90 Day Notice Account	Savings for a child	Everyday Spending	Win up to £5000
Often Used For	General Savings	Long Term Savings	Saving medium term for a specific goal	Putting money away for a child's future	Day to day spending, cash withdrawals, direct debits	Under £200 of savings
AER	0.8%	4.5%	3.03%	4.5%	0%	0.8%
Access	Instant Access to your money	Instant Access to your money	90 Day Notice to Access Money	Child can access when they are over 18	Instant Access to your money	Instant Access to your money
Interest Paid	Yearly	Yearly	Quarterly	Yearly	N/A	Yearly
Yearly Limit	No limit*	£20,000*	No limit*	£9000*	No limit*	£200
Who Can Apply?	Clockwise Members Aged 18 or over	Clockwise Members Aged 18 or over	Clockwise Members Aged 18 or over	Clockwise Members Aged 18 or over - for a child under 18	Clockwise Members Aged 18 or over	Clockwise Members Aged 18 or over
More Info & Apply

* £85,000 maximum amount across all your Clockwise savings accounts. Learn more about safe savings

Your Money Matters

By saving with us, you not only get a financial return, you also know your money is contributing to positive change in your local community.

Community Grant Scheme

When you save or borrow with Clockwise your money is invested back into the community. Clockwise operates a Community Grant Scheme that awards local groups and individuals grants for a whole range of items that ultimately benefit the community the group/individual works to serve.

Clockwise Social Impact

The Social Return on Investment (SROI) approach is a technique widely used to assess the impact an organisation has on the community it serves.

The survey confirmed that among our borrowing members, financial exclusion was the biggest obstacle faced.

Supporting the Financially Excluded

A Credit Union is a financial cooperative owned and controlled by its members. Much like a High Street bank, Credit Unions can provide savings, loans and a range of services to their members. Unlike a bank, Credit Unions do not have to answer to shareholders or investors. So the emphasis is always on providing the best service to members – not maximising profits.