Cash ISAs: The Best Currently Available List

beefturnmail

Kazza242 wrote: »

Variable Rate Cash NISAs that accept transfers in:


[*]Punjab Bank Variable Rate Cash ISA - 1.65%
Rate guarantee? No. Rate effective from: 01/04/2014.
Minimum deposit: £1. Operated via: Branch.


[*]Danske Bank Cash ISA - 1.60%
Rate guarantee? No. Rate effective from: 01/06/2015.
Minimum deposit: £30,000 (to qualify for the higher rate). Operated via: Branch, Internet or Post.
Notes: 0.40% is paid on balances totalling £1 - £29,999.


[*]Monmouthshire BS Cash ISA 7 - 1.50%
Rate guarantee? No. Rate effective from: 09/03/2015.
Minimum deposit: £10. Operated via: Branch, Internet and Post.
Notes: Available to existing customers and/or locals (Postcode areas: NP, CF, SA, LD, WR, GL, HR and BS).


[*]Post Office Online ISA Easy Access (issue 5) - 1.25%
Rate guarantee? No. Rate effective from: 09/03/2015.
Minimum deposit: £100. Operated via: Branch, Internet and Post.
Important: Rate includes 0.80% bonus for 12 months.

Punjab ISA rate is dropping to 1.45% from the 30th April 2016

Rich2808

According to my local branch the 3 per cent Saffron BS regular saver ISA will be available to eligible members from tomorrow. You can apply in branch or by post.

Details should be on their website tomorrow morning.

Jimmithecat

Rich2808 wrote: »

According to my local branch the 3 per cent Saffron BS regular saver ISA will be available to eligible members from tomorrow. You can apply in branch or by post.




Thanks for posting this rich - this is the one I will be going for - it's the best of a bad lot this year - and saffron are great to deal with

Kazza242

Rich2808 wrote: »

According to my local branch the 3 per cent Saffron BS regular saver ISA will be available to eligible members from tomorrow. You can apply in branch or by post.

Details should be on their website tomorrow morning.

Details about the Saffron BS Members' Regular Saver Cash ISA (paying 3.00%) are on their website as of today. See here.

I have added the ISA to the first post.

fraz101

Al Rayan bank is it covered by UK government for loss?

Anything I should know before going ahead?

Froggitt

Isnt that the Sharia scheme? The rate isnt guaranteed.

colsten

fraz101 wrote: »

Al Rayan bank is it covered by UK government for loss?

It's not the government that provides the protection, but the FSCS which is an industry scheme.
http://www.fscs.org.uk/

I believe Al Ryan is covered but you need to confirm this with them.

fraz101

double post

fraz101

Froggitt wrote: »

Isnt that the Sharia scheme? The rate isnt guaranteed.

What's the sharia scheme

someone

If there is FSCS protection might be worth considering it may not cover the interest/profit with it been a 'target'.

When Dot Com Unity Credit Union had to use the scheme everyone was paid their capital plus the interest at the rate advertised. https://forums.moneysavingexpert.com/discussion/4938603

Not sure what would happen in the case of Al Rayan having to use the FSCS.