Cash ISAs: The Best Currently Available List

refluxer

steveksullivan said:

refluxer said:I would be wary about relying on the comments from one customer service agent, especially when their comments contradict their own T&Cs. There has been a recent example on this thread where a poster was given the wrong information over the phone and it was about this particular type of account, too.

The T&Cs for Shawbrook fixed rate ISAs state that "Requests to transfer funds into an account from another ISA provider must be made at the same time as your initial account application by signing a transfer form. Transfer requests received after your initial account application may be refused."

It's common for banks to have a limited window for receiving transfer-in requests for existing ISAs into new fixed rate ISA accounts - this is usually done either at the time of application or within a certain time period (eg. 2 weeks).

They do seem to make an exception for internal transfers though, where you can transfer in other Shawbrook ISAs up until that particular fixed rate product issue is withdrawn...  "Transfers in from other Shawbrook Cash ISAs are permitted subject to the account being open for new funding."

@refluxer So.... After reading this (and already having seen it myself.....) I phoned back - got a different agent - and quoted yesterday's phone call.

She also re-confirmed that transfer requests DONT have to be made at time of account opening. Said she had had lots of calls about it and was aware of the 'inconsistencies' in their Ts and Cs. She took my complaint that Ts and Cs should be what you sign up to and that they needed to be corrected and said she would pass it on .....  call timed at 10:20  27th April 2023 and noted for when my Virgin ISA matures in October !!

Ah, OK - good to get clarification... that's good news for you and anyone else in a similar situation

Yes, it's pretty crucial for a bank to get their account T&Cs right. I've got a couple of different Shawbrook accounts and it makes you wonder what other mistakes might be lurking. At least this mistake benefits the customer, though !

Kazza242

Coventry Building Society are launching a new 2 year fixed rate ISA (issue 217), paying 4.35%.

Minimum deposit £1.  The ISA can be opened online, via branch, post or telephone.  

The rate is fixed until 31/05/2025.  ISA transfers in are accepted.

The new ISA has been added to the list on the first page, here.  

(Coventry BS have withdrawn their Loyalty fixed rate ISA (issue 1), which paid 4.40%.)

Kazza242

Shawbrook Bank have launched Easy Access Cash ISA Account (issue 24), paying 3.45%.

The minimum opening deposit is £1,000.

https://www.shawbrook.co.uk/direct/savings/personal-savings/cash-isas/easy-access-cash-isa/

Saganaki

Shawbrook Bank have launched Easy Access Cash ISA Account (issue 24), paying 3.45%.

FYI, this seems to be their existing Easy Access Cash ISA with interest rate raised by 0.2% - which is great for existing customers too.

Kazza242

Saganaki said:

Shawbrook Bank have launched Easy Access Cash ISA Account (issue 24), paying 3.45%.

FYI, this seems to be their existing Easy Access Cash ISA with interest rate raised by 0.2% - which is great for existing customers too.

Shawbrook Bank were offering issue 23 of their Easy Access Cash ISA up to 27/04/2023. 

They launched the new issue 24 today (28/04/2023) at 3.45%.

They have also increased the interest rate on issues 22 and 23 of their Easy Access Cash ISA to 3.45%. 

See their withdrawn products here (PDF).  

 

Grandad2b

My wife has just paid a small penalty to transfer her fixed rate ISA with the Coventry which was paying 1.5% to a new offering paying (I think) 4.25%
I'd advise anyone interested to check I have the new rate right - I'm happy to leave that side of things to her while I concentrate on things that I find more enjoyable.

Edit: it's probably the one Kazza mentions above (4.35%)

kipsterno1

Looks like  Virgin have upped their rates for the second time in a week. 

1yr fixed 4.2%, 2yr 4.3% and 3yr 4.35%

As I was still in the 14 cooling off period for one I opened at a lower rate I gave them a ring. After a quick chat with CS they have improved the process of transferring to the new issue. Opened the new isa online and transfered in the previous one with no requirement to send secure messages.

aaj123

Skipton has pulled its tracker easy access ISA product. I think the only tracker isa now is the Family BS one but unlike Skipton this one is not a 'Flexible ISA'

doodlector

Newcastle BS 2 Year Fixed Rate ISA (Issue 87)

4.40%

07.05.25

Sparky95

Paragon Bank triple access cash ISA now 3.35%. (Flexible)