Cash ISAs: The Best Currently Available List

gwapenut

alibean121 said:

Skipton Building Society have launched an easy access flexible ISA that tracks 0.9% below BOE base rate for 24 months

https://www.skipton.co.uk/savings/isas/cash-isa-tracker

While not currently top and it's a bit disappointing the gap to base rate is so big, could be an option worth bearing in mind for anyone who doesn't like having to monitor and transfer their accounts.

As this will be 3.1% in a fortnight, and most if not all providers' rates will show less than a 0.5% increase, this looks quite attractive.

razord

gwapenut said:

alibean121 said:

Skipton Building Society have launched an easy access flexible ISA that tracks 0.9% below BOE base rate for 24 months

https://www.skipton.co.uk/savings/isas/cash-isa-tracker

While not currently top and it's a bit disappointing the gap to base rate is so big, could be an option worth bearing in mind for anyone who doesn't like having to monitor and transfer their accounts.

As this will be 3.1% in a fortnight, and most if not all providers' rates will show a 0.5% increase, this looks quite attractive.

Yeh... this is tempting. Assuming it's fine to transfer from a non-flexible (Marcus), I might just do this for the rest of the tax year so next months increase should be covered off too.

Johnjdc

Aidanmc said:

Anyone reckon a 4.5% 1 year fix is on the cards soon given todays BoE interest rate rise?

Not a chance. Fixed rate benchmarks are down 0.25% today not up, as the Bank of England's language about what they might do in future was softer than the markets had expected.

Aidanmc

Nevergonnaretire said:

Aidanmc said:

Anyone reckon a 4.5% 1 year fix is on the cards soon given todays BoE interest rate rise?

Was hoping for the same myself, but I've booked an appointment at Barclays to open either their 1 or 2 year fixed ISA anyway. Earliest appointment was March the 1st!

Hopefully something better will come up before then but if not that'll have to do...

You know Virgin has 1 yr fixed Isa 4.25% available, but you need to hold their current account

ForumUser7

Newcastle is also hiking the rate on its Triple Access Isa to 3.05 per cent as of tomorrow, becoming a new best buy in the process.

Source (https://www.thisismoney.co.uk/money/saving/article-11706427/Banks-savings-rates-following-base-rate-rise.html)

karlie88

Have been sitting on this little gem since early last year but since it's on Reddit and Monevator then might as well extend it here.

Vanguard are paying circa. 3.6% on their cash ISAs as of today. They pay interest on cash balances at BoE rate minus 0.25%. They also deduct 0.15% for their fees. There is also talk of them taking 0.2% from the interest (see links below), but I'm not entirely sure they do this based on my calculations. Either way, it's still a fantastic rate.

I noticed last year that my relatively small cash holding was getting more interest with each BoE base rate rise. Put in the max allowance for 21/22 then again for 22/23.

This is simply the best available rate for 'easy access' cash ISAs and has been for a while. Doubt Vanguard will continue with this as they're an investment platform, but for now I've been filling my boots.

More info here:

https://www.reddit.com/r/UKPersonalFinance/comments/zqz6yw/fyi_vanguard_cash_interest_rate_is_31/

https://monevator.com/vanguard-cash-interest/

Enjoy.

Nevergonnaretire

Aidanmc said:

Nevergonnaretire said:

Aidanmc said:

Anyone reckon a 4.5% 1 year fix is on the cards soon given todays BoE interest rate rise?

Was hoping for the same myself, but I've booked an appointment at Barclays to open either their 1 or 2 year fixed ISA anyway. Earliest appointment was March the 1st!

Hopefully something better will come up before then but if not that'll have to do...

You know Virgin has 1 yr fixed Isa 4.25% available, but you need to hold their current account

Thanks I did see that yeah but really didn’t want to open yet another current account I wouldn’t use.

25_Years_On

karlie88 said:

Have been sitting on this little gem since early last year but since it's on Reddit and Monevator then might as well extend it here.

Vanguard are paying circa. 3.6% on their cash ISAs as of today.

https://forums.moneysavingexpert.com/discussion/6420148/3-ish-easy-access-at-vanguard#latest

razord

karlie88 said:

Vanguard are paying circa. 3.6% on their cash ISAs as of today. 

As far as I'm aware, Vanguard don't offer a Cash ISA, only a S&S ISA?

Yellowman

gwapenut said:

alibean121 said:

Skipton Building Society have launched an easy access flexible ISA that tracks 0.9% below BOE base rate for 24 months

https://www.skipton.co.uk/savings/isas/cash-isa-tracker

While not currently top and it's a bit disappointing the gap to base rate is so big, could be an option worth bearing in mind for anyone who doesn't like having to monitor and transfer their accounts.

As this will be 3.1% in a fortnight, and most if not all providers' rates will show less than a 0.5% increase, this looks quite attractive.

Where can I find confirmation of the date of this Skipton cash ISA rate change in a fortnight?