Cash ISAs: The Best Currently Available List

SaveTheEuro

I opened a one year 5% fix with Aldermore this morning. Minutes later their website was updated with "Our 1 Year Fixed Rate Cash ISA is currently unavailable for new applications." 

Umiamz

SaveTheEuro said:

I opened a one year 5% fix with Aldermore this morning. Minutes later their website was updated with "Our 1 Year Fixed Rate Cash ISA is currently unavailable for new applications." 

Yes - it has now disappeared from their website. I managed to get one, too.

I noticed that the application hadn't been updated for the new ISA rules. It was necessary to lie and confirm that I hadn't opened another Cash ISA this tax year (even though you've always been able to do this provided that you only contributed to one).

SaveTheEuro

Umiamz said:

SaveTheEuro said:

I opened a one year 5% fix with Aldermore this morning. Minutes later their website was updated with "Our 1 Year Fixed Rate Cash ISA is currently unavailable for new applications." 

Yes - it has now disappeared from their website. I managed to get one, too.

I noticed that the application hadn't been updated for the new ISA rules. It was necessary to lie and confirm that I hadn't opened another Cash ISA this tax year (even though you've always been able to do this provided that you only contributed to one).

Yes, their statement of the rules was outdated, completely in contradiction of what the rules are now. I too ignored them.

TheWoodler

Yes, OH has not proceeded with an application with a different provider on the same basis. He’s going to ring them tomorrow. I’ll guess at the very least by not being responsive to these changes the financial sector has created an awful lot more work for themselves. Woeful. 

soulsaver

soulsaver said:

Kent Reliance

Bit niche but maybe useful for some:

After maxing her SIPP 23/24 end contribution, my OH hadn't the funds to immediately max her 24/25 ISA, too.

So earlier in the week* we grabbed the KRBS I yr Isa fix at 5.04% (40%er so equiv to 8.4% taxable) intending to fund it through 24/25. 

So she'll use the best RSs (obviously, above 5.04%) to use her £500 PSA limit, then drip feed the ISA as residual cash becomes available from her salary month by month.

*I'll let you know whether it works Monday 'cos the spanner in the plan was finding KRBS don't allow funding at the w.e....(6/04 is/was Saturday) so the min £1k opening internal transfer from their EA ac now will miss the 7 day window... fgs! If they bounce it, it'll prob be the 4.70% version.

Unfortunately KRBS has 'disappeared' the 5.04% accounts that we opened only to find that they wouldn't allow funding at the w.e. to comply with the 7 day rule. So stymied atm.

I'll message them tomorrow and test their resolve to deny the accounts '...because KRBS stopped us complying by denying funding at the w.e. '

Failing that, planB - I've opened the KRBS 4.70% topper upper fix. 

Catplan

clowning said:

Slightly more generous than my offer @surreysaver and I have held accounts with YBS for a good few years

On 13-APR-2024 we'll automatically transfer your savings to our Easy Access Online ISA Reward, in line with the terms and conditions of your account. As a thank you for savings with us, the ISA - Easy Access Online ISA Reward offers a tiered rate of interest that is only available to existing Loyalty Six Access Saver e-ISA Issue 2 customers. 

This product will pay these flexible tiered rates of interest. This means you will earn different rates of interest on the proportion of your balance within each interest tier. The interest rate is correct on the date of this email, but as a variable interest rate product the interest rate is subject to change. 

Balance	Tax-free* p.a./AER**
£0 - £20000	4.7%
£20000.01 +	4.6%

As this Cash ISA is flexible, you can add to it, withdraw or close the account. If you withdraw savings from this Cash ISA, you can replace them in the same tax year and it will not count towards your annual ISA allowance (the tax year runs from 6 April to 5 April and your 2023/2024 ISA allowance is £20,000).

Have you tried to open a loyalty eISA? I suspect it’s available to you, I had to transfer after my previous loyalty ISA matured into an easy access ISA. 

RG2015

I have just noticed the following on the Zopa website.

Earn a bonus rate on Access ISA pots!

Open a Smart ISA before 6th May 2024 to earn an extra 0.5% AER*/gross** fixed on top of the underlying 4.58% AER (4.48% gross) variable Access ISA pot rate.

This means you'll earn a total of 5.08% AER (4.96% gross) variable on Access ISA pots!

The bonus rate will run until 6th May 2025.

Just trying to get my head around whether I should update mine somehow as its 0.50% bonus expires on 6 April 2025.

https://www.zopa.com/smart-isa

clowning

I managed to open a Virgin ISA at 5.25% so I’m going to transferring it there, together with the new year allowance, but thank you

friolento

https://moneyfactscompare.co.uk/isa/#

Umiamz

That site is out of date. Aldermore 5% 1yr fix is no longer available and the Zopa 1yr fix was reduced to 4.9% yesterday.