Cash ISAs: The Best Currently Available List

jase.2

tunde10 said:

t1redmonkey said:

alternate said:

t1redmonkey said:

Hard to know when to fully commit to a fix when the rates keep edging up higher bit by bit.

I am on my third Virgin 3 year fix.  They offer a generous 30 day funding window and have twice raised the rates during that period - so I just open a new one and wait for nearer the 30 days to fund it.  I suspect I will be opening a 4th.

You're right - new fixes today from Virgin.  4.56%/4.66%/4.7% for 1/2/3 years respectively.

I opened the 3yr account @ 3.52% 5days ago. I have already sent off a transfer from by post to switch my ISA from Vanguard. What is the best solution to get this better account @ 4.70%? I am still within the cooling off period.

1. Open a new one myself & initiate the transfer to the new account once the other transfer is complete. This will only work if the initial transfer completes within the 30 day funding window. Also will lose interest earned during transfer process by this method.
2. Open a new one myself & call them to amend my transfer from Vanguard to the new ISA instead. 
   
3. Message through Online Banking and ask to transfer me to this new account keeping the same A/C number. I've already done this but i'm worried they may take a while and product could be withdrawn. 

Any recommendations?

Wait to switch is complete

log in, down at the bottom go to add new account and during that it lets you transfer an existing virgin isa over and it will recognise your in cooling off and not charge you a fee.

Last week I did this with a 4.41% account and moved back to easy access to wait another bit after the inflation news 

not sure if 4.7% is the time to move it back to fixed or whether if I do move it whether I get another 14 days cooling off or not 

bristolleedsfan

United Trust Bank  4 Year - 4.61%

2010

Charter 1yr fix ISA 4.6% min £5k.

aaj123

Principality Easy access ISA now 3.75%. Noteworthy that the two best buy easy access ISAs now (Principality and VM) are both Flexible ISAs.

jaceyboy

Can anyone recommend a Cash ISA that pays monthly interest that will beat Shawbrook at 3.49%? they seem to have slowed up raising rates and I want to transfer out...

refluxer

jaceyboy said:

Can anyone recommend a Cash ISA that pays monthly interest that will beat Shawbrook at 3.49%? they seem to have slowed up raising rates and I want to transfer out...

Why do you want monthly interest and is that paid into the account or paid away ?

The best Easy Access Cash ISAs (without withdrawal restrictions) are Virgin (if you're already a member), Gatehouse*, Leeds and the Principality @ 3.75% but they all pay interest annually or on maturity.

The current best Easy Access Cash ISA which pays monthly interest looks to be Charter @ 3.65% AER which, at 3.59% gross monthly, is obviously only slightly higher than you're getting now. (£20 PA difference on a £20k ISA). It has a £5k minimum balance and isn't flexible. 

* Edit - looks like Gatehouse do actually have a monthly interest easy access option @ 3.75% AER.

2010

jaceyboy said:

Can anyone recommend a Cash ISA that pays monthly interest that will beat Shawbrook at 3.49%? they seem to have slowed up raising rates and I want to transfer out...

Charter EA ISA issue 36      3.65%/3.59%

https://www.chartersavingsbank.co.uk/Products/ISAs

jaceyboy

refluxer said:

jaceyboy said:

Can anyone recommend a Cash ISA that pays monthly interest that will beat Shawbrook at 3.49%? they seem to have slowed up raising rates and I want to transfer out...

Why do you want monthly interest and is that paid into the account or paid away ?

The best Easy Access Cash ISAs (without withdrawal restrictions) are Virgin (if you're already a member), Gatehouse, Leeds and the Principality @ 3.75% but they all pay interest annually or on maturity.

The current best Easy Access Cash ISA which pays monthly interest looks to be Charter @ 3.65% AER which, at 3.59% gross monthly, is obviously only slightly higher than you're getting now. (£20 PA difference on a £20k ISA). It has a £5k minimum balance and isn't flexible. 

No particular reason just prefer to see interest monthly rather than yearly, i see Gatehouse is offering 3.75% per month, not sure if its flexible or not, has anyone got money with them as they are Sharia law?

refluxer

jaceyboy said:

refluxer said:

jaceyboy said:

Can anyone recommend a Cash ISA that pays monthly interest that will beat Shawbrook at 3.49%? they seem to have slowed up raising rates and I want to transfer out...

Why do you want monthly interest and is that paid into the account or paid away ?

The best Easy Access Cash ISAs (without withdrawal restrictions) are Virgin (if you're already a member), Gatehouse, Leeds and the Principality @ 3.75% but they all pay interest annually or on maturity.

The current best Easy Access Cash ISA which pays monthly interest looks to be Charter @ 3.65% AER which, at 3.59% gross monthly, is obviously only slightly higher than you're getting now. (£20 PA difference on a £20k ISA). It has a £5k minimum balance and isn't flexible. 

No particular reason just prefer to see interest monthly rather than yearly, i see Gatehouse is offering 3.75% per month, not sure if its flexible or not, has anyone got money with them as they are Sharia law?

Ah, my mistake - I didn't see the 'other options' drop-down box on moneyfacts which opens up the monthly option for Gatehouse. I don't personally have any sharia accounts, but many here do and without issues.

jaceyboy

refluxer said:

jaceyboy said:

refluxer said:

jaceyboy said:

Can anyone recommend a Cash ISA that pays monthly interest that will beat Shawbrook at 3.49%? they seem to have slowed up raising rates and I want to transfer out...

Why do you want monthly interest and is that paid into the account or paid away ?

The best Easy Access Cash ISAs (without withdrawal restrictions) are Virgin (if you're already a member), Gatehouse, Leeds and the Principality @ 3.75% but they all pay interest annually or on maturity.

The current best Easy Access Cash ISA which pays monthly interest looks to be Charter @ 3.65% AER which, at 3.59% gross monthly, is obviously only slightly higher than you're getting now. (£20 PA difference on a £20k ISA). It has a £5k minimum balance and isn't flexible. 

No particular reason just prefer to see interest monthly rather than yearly, i see Gatehouse is offering 3.75% per month, not sure if its flexible or not, has anyone got money with them as they are Sharia law?

Ah, my mistake - I didn't see the 'other options' drop-down box on moneyfacts which opens up the monthly option for Gatehouse. I don't personally have any sharia accounts, but many here do and without issues.

Gone for it, transferred out, might go for one of their Easy Access savings too as they are 3.90% now