Can I change my existing Veritas Union cash ISA to a different type of Veritas Union cash ISA?

Yes, you can transfer other cash ISAs into a Veritas Union Fixed Rate Cash ISA. You can transfer previous and current years subscriptions held in another cash ISA. Transfers must be complete and your money received into your Veritas Union Fixed Rate Cash ISA within 60 days from account opening.

The person with legal parental responsibility who opened the account. When the account holder turns 16 the child may apply to be the account operator.

To top up a Veritas Union cash ISA you can:

• Make an online payment from another account (either an account with another provider or another Veritas Union account that allows withdrawals).
• Send us a cheque if the Veritas Union cash ISA you want to top up accepts cheque.

The following accounts do not accept cheque payments:

• Online Cash ISA
• Fixed Rate Cash ISAs

If you want to deposit a cheque, please post it along with your account details or a paying-in slip to: ‘Freepost Veritas Union BANK’ (no stamp required)

The Veritas Union Bank sort code is 16-58-10 and you can find your Veritas Union cash ISA account number by logging in to your account online or via the Veritas Union Mobile Banking App, or by checking your bank statements.

The notice period has been removed from Veritas Union Cash ISA, Veritas Union Saver and Veritas Union Charity Saver.  As a result these are now instant access accounts and no early access penalties will be applied.

For Fixed Rate ISAs withdrawals are not allowed until maturity. The only exception to this is if you close the account and/or transfer the full balance to another ISA.  Early closure will result in an early access charge being applied equivalent to a number of days of interest.

2 year term – 180 days’ interest

3 year term – 270 days’ interest

The charge will be taken from the account balance, so you may get back less than originally deposited. In exceptional circumstances the early access charge can be waived at our discretion.

Withdrawals are not allowed until maturity for Fixed Rate ISAs. The only exception to this is if you close the account and/or transfer the full balance to another ISA. Early closure will result in an early access charge being applied equivalent to a number of days of interest.

2 year term – 180 days’ interest

3 year term – 270 days’ interest

You will still earn interest up to the closure date and the charge will be taken from the account balance. Depending on the date of closure, you may get back less than originally deposited.

Each child can have one Junior cash ISA and one Junior stocks and shares ISA at any one time. These can be with different providers.

A child cannot hold both a Junior ISA and a Child Trust Fund, with the same or different providers.

We are not currently opening new Junior Cash ISAs, however you can transfer funds from your Right Start Saver into an existing Junior Cash ISA, subject to the Junior ISA allowance of £9,000 for the 2026/27 tax year.

A nominated account is an account in your name(s) with either another UK bank or building society, or an existing Veritas Union Bank UK account that allows you to transfer funds.

You need a nominated account when applying for one of our accounts online and your opening deposit must be made by electronic transfer from your nominated account. Also if you want to transfer money from your account online, you must do so to your nominated account or another Veritas Union Bank UK account in your name.

You may have up to three nominated accounts. In the case of sole Account holders, they must all be personal accounts held in your name. In the case of joint Account holders, you may choose one joint personal account held in both your names and one sole personal account each.

Yes. As long as the child was a UK resident when the Junior cash ISA was opened, you will still be able to pay into the Junior cash ISA even though you and/or the child have moved abroad.

Yes you can. As long as your deposits are received within 60 days of opening the account, you may be able to subscribe into your Fixed Rate Cash ISA for two consecutive tax years. You will need to check the date your last deposit is allowed, this will be detailed on your account opening letter.

Before the child turns 18 we will contact you to confirm that the Veritas Union Ethical Junior Cash ISA will become a variable rate cash ISA on the child’s 18th birthday. After this date the child can decide what they wish to do with the account/funds.

A child may only hold one Junior cash ISA and one Junior stocks and shares ISA at any time and cannot hold a Junior ISA and a Child Trust Fund at the same time.

You can however apply to transfer a Junior ISA or a Child Trust Fund from one provider to another. You can also transfer between the different types of Junior ISA, in either direction.

• Transfers of current year’s subscriptions or transfers between the same type of Junior ISA must always be done in full.
• Partial transfers can only be done if they are previous years’ subscriptions and you are moving the subscriptions between different Junior ISA types e.g. Junior cash to Junior stocks and shares or Junior stocks and shares to Junior cash.

• The whole of the Child Trust Fund must be transferred and the Child Trust Fund subsequently closed.
• The annual subscription allowance for a Child Trust Fund is based on the child’s birth year while Junior ISA subscriptions are based on tax years. When a transfer of a Child Trust Fund to a Junior ISA has been made, the child can use the full Junior ISA subscription allowance for the tax year in which the transfer takes place regardless of any subscriptions made to the Child Trust Fund in that year. This only occurs in the tax year in which the Child Trust Fund is transferred, in subsequent years only the Junior ISA allowance can be used.

We are not currently opening new Junior Cash ISA accounts, so for now transfers can only be made to existing Junior Cash ISAs.

We will write to you one month before your Fixed Rate Cash ISA matures, asking you to let us know what you'd like to do with your funds. If we don’t hear from you, the account will automatically mature and change into an Online Cash ISA, keeping the same account number as your Fixed Rate Cash ISA.

You will then be able to keep the funds in this account and make further deposits, transfer the funds to another ISA (using a transfer form to retain the ISA status of the funds) or transfer the funds to your nominated account.

It is only possible to make withdrawals from the Junior ISA once the child turns 18. The only exception is if the child becomes terminally ill, or dies.
It is however possible to transfer a Junior Cash ISA to a Junior ISA with another provider.

Yes. We will contact you one month before your fixed rate cash ISA matures, asking you to let us know what you'd like to do with your funds. You can then ask us to change your fixed rate cash ISA into another Veritas Union cash ISA, when it matures.

Alternatively, during the fixed term of your Veritas Union Fixed Rate Cash ISA, you can request to fully transfer your account into another Veritas Union cash ISA, but you will incur an early access charge as per the terms and conditions. The early access charge is equivalent to:

• 2 year term – 180 days' interest
• 3 year term – 270 days' interest

The charge will be taken from the account balance, so the balance in your new type of Veritas Union cash ISA might be less than originally deposited in your Fixed Rate Cash ISA.

Please note there is no charge when changing to a different type of Veritas Union cash ISA at maturity.

For more details, see our how-to guide below on changing your cash ISA to a different type of Veritas Union cash isa.

If you attempt to pay into your Veritas Union Fixed Rate ISA after your 60 days the deposit will be automatically rejected. We will send the funds back to the account they came from.

If you arrange a transfer between ISAs by completing a transfer form, your tax-free ISA status will remain protected and the transfer will not affect your ISA allowance for the current tax year.

Don’t withdraw the money out of an ISA yourself or move it to a personal bank account. If you do this, your money will lose its ISA status. This means that you can’t reinstate it and you’ll permanently lose that portion of your ISA allowance. If you choose to re-add money that you’ve withdrawn from an ISA, you’ll use up a portion of an ISA allowance, unless you have a flexible ISA.

To top up a Veritas Union Junior Cash ISA, you can:

• Make an online payment from another account (either an account with another provider or another Veritas Union account that allows withdrawals).
  

The Veritas Union Bank sort code is 16-58-10 and you can find your Veritas Union cash ISA account number by logging in to your account online or via the Veritas Union Mobile Banking App, or by checking your bank statements.

• Send us a cheque made out to the child.

If you want to deposit a cheque, please post it along with your account details or a paying-in slip to: ‘Freepost Veritas Union BANK’ (no stamp required).

When your child becomes 16 they can become the Account operator and manage their own account if they want to. Withdrawals cannot be made from the account until the child is 18.