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US citizens in the UK · Institutions

Which Close Brothers Savings accounts accept US citizens

Last checked

Close Brothers Savings has been checked for US citizens across 2 account types. Both are open to a US person.

If you already have an account with Close Brothers Savings, a second one there is usually the easier application, because Close Brothers Savings has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was last updated.

At a glance

Account type Verdict Accounts Updated
Savings accounts Accepts US citizens 6
Cash ISAs Accepts US citizens 4

Savings accounts

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Accepts US citizens
Updated

Open to anyone 18 or over resident in the UK, with no sole-tax-residency condition and no US-person bar; accounts are opened online. The US taxes the interest as ordinary income.

FSCS £120,000 · online

Account Terms The catch
5 Year Fixed Rate Bond
Access
Fixed term
Rate
5.27% AER, fixed
Term
5 years
Min
£10,000
Max
£2,000,000
Rate as of
 Needs £10,000 to open and locks the money away for five years.
3 Year Fixed Rate Bond
Access
Fixed term
Rate
5.16% AER, fixed
Term
3 years
Min
£10,000
Max
£2,000,000
Rate as of
 Needs £10,000 to open, funded within 10 days, with no withdrawals or top-ups during the term. Interest is paid out to your chosen bank account rather than compounded.
2 Year Fixed Rate Bond
Access
Fixed term
Rate
5.12% AER, fixed
Term
2 years
Min
£10,000
Max
£2,000,000
Rate as of
 Needs £10,000 to open, funded within 10 days, with no withdrawals or top-ups during the term. Interest is paid out to your chosen bank account rather than compounded.
1 Year Fixed Rate Bond
Access
Fixed term
Rate
5.05% AER, fixed
Term
1 year
Min
£10,000
Max
£2,000,000
Rate as of
 Needs £10,000 to open, with no withdrawals or top-ups after the first 10 days.
95 Day Notice Account Issue 15
Access
Notice
Rate
4.10% AER, variable
Min
£10,000
Max
£2,000,000
Rate as of
 Needs £10,000 and 95 days notice; below £10,000 the rate drops to 1.00%.
Easy Access Account Issue 9
Access
Easy access
Rate
3.85% AER, variable
Min
£10,000
Max
£2,000,000
Rate as of
 Needs £10,000 to open; below £10,000 the rate drops to 1.00%.

Source: Close Brothers Savings rates, 2026-08-17 Close Brothers Savings's own page

Cash ISAs

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Accepts US citizens
Updated

The cash ISA is open to anyone 18 or over who is a UK tax resident, with no exclusive-residency wording and no US-person clause. Close Brothers offers fixed rate cash ISAs only, in sole names, with a £10,000 minimum. The IRS still taxes the interest as US income, as the wrapper gives no US relief.

FSCS £120,000 · online and post · fixed rate only

Account Terms The catch
5 Year Fixed Rate Cash ISA
Access
Fixed term
Rate
5.10% AER, fixed
Term
5 years
Min
£10,000
Max
£2,000,000
Rate as of
 No withdrawals during the term, and early closure carries an interest charge.
3 Year Fixed Rate Cash ISA
Access
Fixed term
Rate
5.01% AER, fixed
Term
3 years
Min
£10,000
Max
£2,000,000
Rate as of
 Fund it within 10 days of acceptance; no withdrawals during the term, and closing early after 14 days carries a fee.
2 Year Fixed Rate Cash ISA
Access
Fixed term
Rate
5.00% AER, fixed
Term
2 years
Min
£10,000
Max
£2,000,000
Rate as of
 No withdrawals during the term, and early closure carries an interest charge.
1 Year Fixed Rate Cash ISA
Access
Fixed term
Rate
4.84% AER, fixed
Term
1 year
Min
£10,000
Max
£2,000,000
Rate as of
 Fund it within 10 days of acceptance; no withdrawals during the term.

Source: Close Brothers fixed rate cash ISA, 2026-08-17 Close Brothers Savings's own page

Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

FATCA

Do UK banks report your account to the IRS? Yes, through HMRC, under FATCA. It is a reporting law, not a tax. Where it bites is access.

 Tax

FBAR

If your foreign accounts top $10,000 combined at any point in the year, you file an FBAR. What counts, when it is due, and what happens if you miss it.

 Tax

ISA US tax

The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.