Cash ISAs: The Best Currently Available List

jak22

gwapenut said:

I don't know if I'm just doing something stupid, but I can't find any sensible public information for the Yorkshire Loyalty Six Access e-ISA.

My online banking shows that I am getting 1.25% on a small balance. My memory is that it would be 1.40% for a large balance.

However, it is not in the list of current ISAs, either on the product page or the interest rate page. The only interest rate showing is under "withdrawn" accounts, where it states 1.15% effective from early July -0 which clearly contradicts my online banking rate, and which would also be a step back in time.

Or have I missed something?

It does seem to be no longer available and doesnt seem to appear under withdrawn accounts.

The Loyalty Six Access Saver ISA was 1.15% from July 7 when it was already withdrawn and that's the one listed 
The Loyalty Six Access Saver ISA Issue 2 and Loyalty Six Access e-ISA had the tiered 1.25% to 1.4% rate and arent listed

Not too long ago YBS were keeping previous accounts at similar rates to available ones but with the Issue 11 and 12 instant savers they've followed others by creating new issues at higher rates. There's been no word about changes following the last BoE rise.

So it might be time to think about something like the Virgin fixed at 2.4%. Even if the YBS e-ISA catches up in 6 months it would still have to get ahead after 12 months to average the same interest.

gwapenut

jak22 said:

gwapenut said:

I don't know if I'm just doing something stupid, but I can't find any sensible public information for the Yorkshire Loyalty Six Access e-ISA.

My online banking shows that I am getting 1.25% on a small balance. My memory is that it would be 1.40% for a large balance.

However, it is not in the list of current ISAs, either on the product page or the interest rate page. The only interest rate showing is under "withdrawn" accounts, where it states 1.15% effective from early July -0 which clearly contradicts my online banking rate, and which would also be a step back in time.

Or have I missed something?

It does seem to be no longer available and doesnt seem to appear under withdrawn accounts.

The Loyalty Six Access Saver ISA was 1.15% from July 7 when it was already withdrawn and that's the one listed 
The Loyalty Six Access Saver ISA Issue 2 and Loyalty Six Access e-ISA had the tiered 1.25% to 1.4% rate and arent listed

Not too long ago YBS were keeping previous accounts at similar rates to available ones but with the Issue 11 and 12 instant savers they've followed others by creating new issues at higher rates. There's been no word about changes following the last BoE rise.

So it might be time to think about something like the Virgin fixed at 2.4%. Even if the YBS e-ISA catches up in 6 months it would still have to get ahead after 12 months to average the same interest.

I've flexibly withdrawn into zopa for now while I wait for rates to catch up a bit more with the base rate increase, and see how things look for September's MPC meeting. I have a bit of personnel savings allowance I can use for a month or so.

jak22

gwapenut said:

jak22 said:

gwapenut said:

I don't know if I'm just doing something stupid, but I can't find any sensible public information for the Yorkshire Loyalty Six Access e-ISA.

My online banking shows that I am getting 1.25% on a small balance. My memory is that it would be 1.40% for a large balance.

However, it is not in the list of current ISAs, either on the product page or the interest rate page. The only interest rate showing is under "withdrawn" accounts, where it states 1.15% effective from early July -0 which clearly contradicts my online banking rate, and which would also be a step back in time.

Or have I missed something?

It does seem to be no longer available and doesnt seem to appear under withdrawn accounts.

The Loyalty Six Access Saver ISA was 1.15% from July 7 when it was already withdrawn and that's the one listed 
The Loyalty Six Access Saver ISA Issue 2 and Loyalty Six Access e-ISA had the tiered 1.25% to 1.4% rate and arent listed

Not too long ago YBS were keeping previous accounts at similar rates to available ones but with the Issue 11 and 12 instant savers they've followed others by creating new issues at higher rates. There's been no word about changes following the last BoE rise.

So it might be time to think about something like the Virgin fixed at 2.4%. Even if the YBS e-ISA catches up in 6 months it would still have to get ahead after 12 months to average the same interest.

I've flexibly withdrawn into zopa for now while I wait for rates to catch up a bit more with the base rate increase, and see how things look for September's MPC meeting. I have a bit of personnel savings allowance I can use for a month or so.

New YBS rates from 1 September 

ybs.co.uk/boe-rate-change

LOYALTY SIX ACCESS SAVER EISA 1.65% to 1.80% but no longer available
INTERNET SAVER ISA PLUS ISSUE 10 1.40% to 1.50%

Kazza242

jak22 said:

It does seem to be no longer available and doesnt seem to appear under withdrawn accounts.

The Loyalty Six Access Saver ISA was 1.15% from July 7 when it was already withdrawn and that's the one listed 
The Loyalty Six Access Saver ISA Issue 2 and Loyalty Six Access e-ISA had the tiered 1.25% to 1.4% rate and arent listed

Not too long ago YBS were keeping previous accounts at similar rates to available ones but with the Issue 11 and 12 instant savers they've followed others by creating new issues at higher rates. There's been no word about changes following the last BoE rise.

So it might be time to think about something like the Virgin fixed at 2.4%. Even if the YBS e-ISA catches up in 6 months it would still have to get ahead after 12 months to average the same interest.

Yorkshire Building Society have announced their savings and ISA rate increases, which will take effect from 1st September 2022.

Their Loyalty Six Access Saver ISA (issue 2) and Loyalty Six Access Saver EISA will pay:

1.80% on £50,000+, 1.75% £25,000+ and 1.65% £1+.  

See this link for the full list of their savings rate increases: https://www.ybs.co.uk/boe-rate-change

gwapenut

I didn't save the product information sheet for my Yorkshire e-isa, but am I right in thinking that for variable rate accounts like that, you can still transfer in after the product is withdrawn from sale? 

Expotter

New top rate 1 year fixed rate ISAs:

Close Brothers at 2.45% ( £10k min), followed by Charter Savings Bank at 2.42% (£5k min)

Kazza242

gwapenut said:

I didn't save the product information sheet for my Yorkshire e-isa, but am I right in thinking that for variable rate accounts like that, you can still transfer in after the product is withdrawn from sale? 

I have the YBS Loyalty Six Access ISA (issue 2) and not the Loyalty e-ISA.  The product terms for the account that I have does not stipulate that transfers in can only happen while the product is still available.   I would think that this also applies to your ISA.  

I would advise sending them a secure message to ask about this.  

csteinle

Paragon Triple Access ISA Issue 8 increased to 1.85% as of today (19th August).

refluxer

Some previous issues of the Paragon Triple Access ISA have increased from 1.55% to 1.85% today. 

If they do what they did previously with the last rise, I would expect the current issue (issue 9) to get the same boost in the next week or two.

refluxer

If other (currently available) Easy Access ISAs follow suit, this then takes them to around the same interest rate as the best 1 Year Fixed Rate Cash ISAs were paying in early June - just over two months ago !

I had been tempted to bite the bullet and fix for a year but think I'll continue to sit on the fence for a bit longer...