Cash ISAs: The Best Currently Available List

Rich2808

Nationwide seem have reduced their rates again on their cash isa range after having only reduced them on 1 December - bar their help to buy isa. For new applicants the flexclusive isa rate has dropped to 1.3% (from 1.5% - it was 1.6% until 1 December), instant access saver is now only 1.1% and their one year fixed rate is only 1.2%

http://www.nationwide.co.uk/products/isas/isas#tab:CashISArange

Clearly they don't expect an interest rate rise any time soon.

Consumerist

It's certainly looking as though this year's ISA "season" is going to be another damp squib.

With the introduction of the £1,000/£500 tax-exemption on savings interest from 6 April, it's looking as though ISAs are going to be attractive only for the well off.

masonic

Consumerist wrote: »

It's certainly looking as though this year's ISA "season" is going to be another damp squib.

With the introduction of the £1,000/£500 tax-exemption on savings interest from 6 April, it's looking as though ISAs are going to be attractive only for the well off.

Personally, I'm looking forward to the innovative finance ISA to shelter some of my P2P investments. With rates of 9-13%, it doesn't take a huge amount to use up the savings allowance.

jimjames

Consumerist wrote: »

It's certainly looking as though this year's ISA "season" is going to be another damp squib.

With the introduction of the £1,000/£500 tax-exemption on savings interest from 6 April, it's looking as though ISAs are going to be attractive only for the well off.

S&S ISAs are still great option for almost everyone. Cash ISAs like you say for wealthy people or lazy people but how much cash do you really need? Beyond a certain amount it would seem more sensible to balance it with investments anyway.

Consumerist wrote: »

With the introduction of the £1,000/£500 tax-exemption on savings interest from 6 April, it's looking as though ISAs are going to be attractive only for the well off.

When the average savings in the UK are £2000 or under and this amount gets 5% outside an ISA it does rather make them pointless for the majority of people.

Geoff_W

Just received notification of my maturing Post Office 2yr Fixed Rate ISA. This had been earning 2.25% but the rates are now:
1 Year Term - 1.40%
2 Year Term - 1.55%
3 Year Term - 1.75%
I note that these rates are substantially lower than those stated on the first page of this thread, so can I believe any of the figures there? [Edit] Many of the rates shown have been superseded by lower ones.

Either way, £45,000+ is going to be earning a pittance. I might as well splurge it on something frivolous!

boobbby

Virgin has raised it easy access ISA to 1.51% and allows transfers (only 3 withdrawals per year to get this rate)

veryintrigued

Fingers crossed that a couple of institutions are looking at some decent rates for Regular Saver ISAs for those of us in the 'multiple C/A full' position and also concerned some of those C/As we have got may be pulled during the 2016/17 year.

The Saffron one I had has served me great at 3.5% and was pretty flexible.

Certainly not for everyone but I hope Saffron and Notts B.S. are considering them again.

badger09

Leeds 2 Year Fixed Rate now 1.7% issue 75. (Issue 74 was 1.85%)

bristolleedsfan

United Bank UK - Fixed Rates have all been reduced


Fixed Rate Cash ISAAER 1 Year1.27% 2 Year 1.37% 3 Year1.72% 5 Year2.33%


http://www.ubluk.com/pages/index/fixed_rate_cash_isa_nisa

MARTYM8`

veryintrigued wrote: »

Fingers crossed that a couple of institutions are looking at some decent rates for Regular Saver ISAs for those of us in the 'multiple C/A full' position and also concerned some of those C/As we have got may be pulled during the 2016/17 year.

The Saffron one I had has served me great at 3.5% and was pretty flexible.

Certainly not for everyone but I hope Saffron and Notts B.S. are considering them again.

I was a bit annoyed I missed the Saffron one - it was only available for two weeks (or less)?