Cash ISAs: The Best Currently Available List

refluxer

duckson said:

2010 said:

Cynergy have gone to 4.7% easy access ISA.
Things are warming up ready for the BoE increase next week.
4.8% + can`t be far away.

My wife opened an ISA with Cynergy a few weeks ago, does anyone know if they automatically transfer you to the higher rate or do you have to ask or even apply for another ISA and transfer the old one over?

I'd depends whether they've increased the rate of the current issue or released a new one. Check what the current issue number is - if it's different to your wife's issue number and they haven't applied the rate increase to older issues, then she'll have to apply/ask for an upgrade.

I don't have a Cynergy ISA myself so can't comment on the exact process but, with other banks, if there isn't an option to upgrade the account in online banking then it would normally be done via secure message.

Aidanmc

duckson said:

2010 said:

Cynergy have gone to 4.7% easy access ISA.
Things are warming up ready for the BoE increase next week.
4.8% + can`t be far away.

My wife opened an ISA with Cynergy a few weeks ago, does anyone know if they automatically transfer you to the higher rate or do you have to ask or even apply for another ISA and transfer the old one over?

Usually i had to open a new issue each time the rate increased and transferred the balance over. Its quite easy to do.

But this time, my issue 41 is showing 4.7%

On your Cynergy online banking homepage, if you click the account number it will show account details. Interest rate will be shown there.

refluxer

refluxer said:

A._Badger said:

As far as I can see, Paragon had closed its 2 year fixed ISA at least as early as yesterday afternoon, when I was just about to apply for it. 

Paragon do this quite often and their rates go up and down too, so it's often a case of grabbing it while you can if you see an account that you like the look of.

And - sure enough - less than a day later, they've dropped their 1, 1.5 and 2 year fixed rate cash ISAs down to 5.55%. I've not known a bank to yo-yo with their fixed rates quite as much as Paragon !

Fortunately, there are other banks paying around the same rate as Paragon did previously for the 1 and 2 year fixes (eg. Shawbrook's recent increase to 5.83% for 1 year and Close Brothers at 5.81% for 2 years) but I did have my eye on that 18 month Paragon fix at 5.82% which would have plugged a nice gap in my savings ladder and provided a suitable home for a 1 year fix which matures in in a few weeks time. 18 month fixed rate ISAs are pretty rare, with only a few providers offering them.

jpsman

Skipton Cash ISA Tracker issue 5 4.7% https://www.skipton.co.uk/savings/isas/cash-isa-tracker
@Kazza242

Eirambler

The Skipton one tracking the base rate is interesting, a good chance that will move to 4.95% after the BoE meeting next week.

Although I suspect that if there is another 0.25% rate rise at the next meeting it won't be long before there's a 5% easy access ISA on the market.

Yellowman

jpsman said:

Skipton Cash ISA Tracker issue 5 4.7% https://www.skipton.co.uk/savings/isas/cash-isa-tracker
@Kazza242

Tracks 0.55% points below the Base Rate (currently 5.25%) for a period of two years.

Flexible and no restrictions on number of withdrawals.

2010

Skipton is well worth considering if you don`t want a fixed rate or limited access ISA.
It is also flexible so you can put money back into it and if a better rate springs up elsewhere you`re free to transfer to it without penalties.
Even if 5% comes along after the BoE meeting, this one won`t be far off.

I`ve had accounts with them in the past and always found them to be OK, with good customer service.

dc_scotland

2010 said:

Skipton is well worth considering if you don`t want a fixed rate or limited access ISA.
It is also flexible so you can put money back into it and if a better rate springs up elsewhere you`re free to transfer to it without penalties.
Even if 5% comes along after the BoE meeting, this one won`t be far off.

I`ve had accounts with them in the past and always found them to be OK, with good customer service.

I had a previous issue ISA with Skipton.  I opened this new issue this morning.  At the end of the application I was given the option to transfer in the previous issue.  At the end of the process I was told that the closure and transfer in would happen overnight, and appear in online banking and app next working day.  But I was surprised to see it happen instantly.  Very impressed.

r6mile

A -0.55% ISA tracker - that’s a great account. And unlimited withdrawals and flexible too. Have just transferred my Coventry limited ISA (currently 4.35%) to it. And definitely time to cancel my Newcastle BS tracker.

DJSINGH

Ive opened the exclusive 5.85 ISA with virgin incase its removed before my current ISA matures next month. I see they can do ISA transfer at time of application else its a form to post which can take up to 15 days.
If the virgin 5.85 account is still available when my current ISA matures is there anything stopping me applying for it again online and doing the transfer at time of app?