Cash ISAs: The Best Currently Available List

masonic

gwapenut said:

As an aside, funding my Barclays ISA would push me over the £85k compensation limit. I wondered what other
people's attitude to risk is with a major provider like Barclays. Ordinarily I'd say the risk was very low, but if Putin gets an itchier trigger finger even the blue chips may be at risk .... but probably the whole system would collapse in that scenario anyway.

You'll be down about £8k in real terms by the end of this year, maybe more maybe less, so in that context a few £k over the limit is perhaps of less concern.

gwapenut

masonic said:

gwapenut said:

As an aside, funding my Barclays ISA would push me over the £85k compensation limit. I wondered what other
people's attitude to risk is with a major provider like Barclays. Ordinarily I'd say the risk was very low, but if Putin gets an itchier trigger finger even the blue chips may be at risk .... but probably the whole system would collapse in that scenario anyway.

You'll be down about £8k in real terms by the end of this year, maybe more maybe less, so in that context a few £k over the limit is perhaps of less concern.

I deleted my final question to avoid dragging this thread off topic, but what you say is very true, the "real" interest rate has plummeted to shocking depths, and it's not finished plummeting yet. 

Kazza242

Hello everyone.

It's good to see the interest rates rising following the recent Bank of England base rate rises. The fixed rate ISA interest rates continue to improve.


The first post has been updated.

Aidanmc

Shawbrook easy access cash isa now 0.85%

Patr100

Aidanmc said:

Shawbrook easy access cash isa now 0.85%

 just opened one last month when it was 0.66%

refluxer

OakNorth, Shawbrook, Castle Trust Bank, Kent Reliance, Yorkshire and Ford Money have all increased their 1 Year Fixed Rate Cash ISA interest rates today. Rates seem to be increasing on an almost daily basis at the moment, albeit in small increments as they jostle for top-of-the-table status.

Castle Trust Bank is currently paying the most for a 1 year fix (1.35%)

Kazza242

Yes, I updated all of the fixed rate ISA rates on Wednesday this week as they had gone up, since I added them to the thread last Saturday. I will be updating the thread again shortly.

soulsaver

Savings Account - More Information | YBS

This is already in the 1st page list but not seen it discussed so could have easily missed it. Apologies if it's earlier in the thread, I checked back half dozen pages.

Flexible ISA 1.0% to 1.15% tiered by balance starting from £1 - £25k 6 accesses allowed, and closure. Eligibility 12 months membership, UK resident, over 16. 

refluxer

Just a heads-up that Shawbrook are currently experiencing delays to setting up online banking for new customers, so this is something to be aware of if you're a prospective new customer who's wanting to use up your 2021-2022 ISA allowance before the end of next Tuesday.

I've been waiting two days so far (the welcome email signifying online access should have been instant) and may be forced to write this one off and open one elsewhere if I don't get online access soon because you need it to obtain the account number and (obviously) to check that payments have gone through.

Many banks are also blocking larger payments to new payees, which could cause delays in funding any new account.

VanillaTester1

Just a test.