Cash ISAs: The Best Currently Available List

refluxer

Paragon have increased the rate of their 1 year fix to 4.50%, which takes them within a whisker of the current top rate (4.52%)

https://www.paragonbank.co.uk/savings/savings-explained/cash-isas

tunde10

bristolleedsfan said:

Virgin Money 1 year 4.47% -   2 year  4.57% -   3 year  4.62%

Decided to transfer out £23k from my Stocks & Shares ISA and open the 4.62% Saver. I think i'm more than happy with this return Tax free for 3 years and was over-invested in stocks.

I will reinvest some money in stocks later this year when i free up more cash

aaj123

tunde10 said:

bristolleedsfan said:

Virgin Money 1 year 4.47% -   2 year  4.57% -   3 year  4.62%

Decided to transfer out £23k from my Stocks & Shares ISA and open the 4.62% Saver. I think i'm more than happy with this return Tax free for 3 years and was over-invested in stocks.

I will reinvest some money in stocks later this year when i free up more cash

However you are likely to be very unhappy when you see what a bit of crypto investment (BTC or ETH) will fetch in returns over the next three years. Mitigate that fate by taking appropriate action now. 

Beddie

aaj123 said:

tunde10 said:

bristolleedsfan said:

Virgin Money 1 year 4.47% -   2 year  4.57% -   3 year  4.62%

Decided to transfer out £23k from my Stocks & Shares ISA and open the 4.62% Saver. I think i'm more than happy with this return Tax free for 3 years and was over-invested in stocks.

I will reinvest some money in stocks later this year when i free up more cash

However you are likely to be very unhappy when you see what a bit of crypto investment (BTC or ETH) will fetch in returns over the next three years. Mitigate that fate by taking appropriate action now. 

You're very confident about that! Is it really such a dead cert?

aaj123

Beddie said:

aaj123 said:

tunde10 said:

bristolleedsfan said:

Virgin Money 1 year 4.47% -   2 year  4.57% -   3 year  4.62%

Decided to transfer out £23k from my Stocks & Shares ISA and open the 4.62% Saver. I think i'm more than happy with this return Tax free for 3 years and was over-invested in stocks.

I will reinvest some money in stocks later this year when i free up more cash

However you are likely to be very unhappy when you see what a bit of crypto investment (BTC or ETH) will fetch in returns over the next three years. Mitigate that fate by taking appropriate action now. 

You're very confident about that! Is it really such a dead cert?

Great returns don't come by being dead cert. I am highly optimistic though and manage the risk via appropriate allocation. It is zero allocation that I think will make people unhappy.

Speaking of ISAs, I even have BTCE in my 2020 stock and shares ISA as this etf was allowed at the time and I can keep it despite FCA rules no longer allowing addition.

https://www.boerse-frankfurt.de/en/etf/de000a27z304-etc-issuance-gmbh-0-000

2010

Charter 1yr fix ISA 4.45% min opening £5k.

refluxer

Paragon Triple Access Cash ISA (Issues 12 & 13) now at 3.65% AER (3.59% gross monthly)

• Freedom to spread your tax-free ISA allowance across multiple ISAs with Paragon’s ISA Wallet
• Flexibility to withdraw and replace your ISA funds without affecting your ISA allowance
• Quickly and easily transfer your existing ISAs
• Unlimited deposits up to your maximum account balance
• Make withdrawals up to 3 times every 12 months without impacting your interest rate
• Variable interest rate

https://www.paragonbank.co.uk/savings/cash-isas/triple-access-cash-isa

bristolleedsfan

Shawbrook increased fixed rates

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

Today marks 14 days inclusive since transfer in funded 3 year fixed rate, phoned arranged to transfer to 5 year fixed rate within cooling off period. 

Interest has been added for 14 days cooling off period.

Does anyone know if I now have another 14 day cooling off period?

pecunianonolet

bristolleedsfan said:

Shawbrook increased fixed rates

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

Today marks 14 days inclusive since transfer in funded 3 year fixed rate, phoned arranged to transfer to 5 year fixed rate within cooling off period. 

Interest has been added for 14 days cooling off period.

Does anyone know if I now have another 14 day cooling off period?

I opened my ISA end of March with Virgin for 4.25% on a 1y fix and on 12th April for 4.17% with Shawbrook, rate was raised within my 14 day cooling off period and I got the new rate of 4.21%. Seeing now 4.53% does hurt but no point in changing as penalty would be too high. Luckily, the OH hasn't subscribed to an ISA yet.

To answer your question, SB confirmed to me at the time that because I opened a new ISA to get the higher rate, they had to merge the customer numbers overnight as you can have only one. It counts as a new account with transfer in from the old, hence the cooling off period starts again. So if you're happen to be lucky and they raise a few more times within 14 days you can always upgrade. The only thing which is to consider is that anytime you get an upgrade your maturity date also moves back so if you need access to the funds on a specific time or day this might be an issue.

BreakingGlass

refluxer said:

Paragon have increased the rate of their 1 year fix to 4.50%, which takes them within a whisker of the current top rate (4.52%)

https://www.paragonbank.co.uk/savings/savings-explained/cash-isas

I had fixed at 4.4% on 24 May, but just contacted them by phone to 'cancel' because I am within the 14 day 'cooling off period'.  They will still pay me the interest (4.4%) since 24 May but will now transfer the ISA to a new one-year fix at 4.5%.