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What's the Best Cash ISA

Hi - i'm looking for a cash isa, where I can set up a regular standing order each month to accumulate a little pot of savings (preferably tax free-hence the isa idea)

I have information on the Virgin Cash isa, but see this pays 4% aer - is there a better deal around without/or with minimal risk?

All help appreciated
thanx

Comments

  • rozeepozee
    rozeepozee Posts: 1,971 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I recently opened an account with NCBS, as recommended on Martin's site (though it doesn't seem to be now). Think the rate is still competative (5.01%) but there's more info on ISAs if you browse the site under "savings and investments"

    http://www.ncbs.co.uk/ncbs.asp
  • humfer
    humfer Posts: 1,779 Forumite
    tracylaw wrote:
    Hi - i'm looking for a cash isa, where I can set up a regular standing order each month to accumulate a little pot of savings (preferably tax free-hence the isa idea)

    I have information on the Virgin Cash isa, but see this pays 4% aer - is there a better deal around without/or with minimal risk?

    All help appreciated
    thanx

    4% on a cash ISA is aweful. You should be able to get at least 5% on quite a few now. Try Halifax or NS@I who have ISA over 5%
  • humfer
    humfer Posts: 1,779 Forumite
    humfer wrote:
    4% on a cash ISA is aweful. You should be able to get at least 5% on quite a few now. Try Halifax or NS@I who have ISA over 5%
    http://www.moneyfacts.co.uk/searches/savings.aspx

    Is one of many good websites giving best but tables
  • Bradford & bingley offer 5%. or have a look at NS&I which is even higher.
  • RayWolfe
    RayWolfe Posts: 3,045 Forumite
    1,000 Posts Combo Breaker
    tracylaw wrote:
    Hi - i'm looking for a cash isa, where I can set up a regular standing order each month to accumulate a little pot of savings (preferably tax free-hence the isa idea)
    thanx
    Try Scarborough BS's My Savings. Monthly Savings ISA. 6%
    Ray
  • Speculator
    Speculator Posts: 2,244 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    RayWolfe wrote:
    Try Scarborough BS's My Savings. Monthly Savings ISA. 6%
    Ray

    Bear in mind that you can't make your full years contribution into this account. There's only 7 months left this tax year so the max you can pay in this tax year is 7 x £250 = £1750.00
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