Cash ISAs: The Best Currently Available List

slinger2

RG2015 said:

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

My impression was that when they introduced it, existing customers continued to get 5.08% while new customers got 4.58% + the 0.50% bonus. If you are currently getting 5.08% I suspect that you'll be better off keeping the account you've got. Prepared to be corrected

pecunianonolet

MisterMotivated said:

I opened a new 5% fixed pot with Zopa on 5 April on the assumption that they would reduce the rate at some point (probably the following day).  I now have to decide how much of my funds to fix before the 30 day window closes as they're currently in the access pot at 5.08%

Just be aware, that once you fix you CANNOT transfer out the funds in the easy access pot. 

slinger2

MisterMotivated said:

I opened a new 5% fixed pot with Zopa on 5 April on the assumption that they would reduce the rate at some point (probably the following day).  I now have to decide how much of my funds to fix before the 30 day window closes as they're currently in the access pot at 5.08%

I'm in the same boat. I've already moved some of my money to the 1 year fix and I'll probably move the rest that's currently in the Access ISA pot just before the window closes (24 April for me). Just waiting at the moment in case something dramatic happens in the market.

slinger2

pecunianonolet said:

MisterMotivated said:

I opened a new 5% fixed pot with Zopa on 5 April on the assumption that they would reduce the rate at some point (probably the following day).  I now have to decide how much of my funds to fix before the 30 day window closes as they're currently in the access pot at 5.08%

Just be aware, that once you fix you CANNOT transfer out the funds in the easy access pot. 

Indeed, you can't transfer out just the easy access pot. You've got to transfer the easy access and all your fixed rate pots too, which could involve big penalties. More me this means I won't have more than one fix rate ISA with them.

The easy access ISA is flexi, so you can withdraw money from it and then replace it before 5 April 2025.

RG2015

slinger2 said:

RG2015 said:

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

My impression was that when they introduced it, existing customers continued to get 5.08% while new customers got 4.58% + the 0.50% bonus. If you are currently getting 5.08% I suspect that you'll be better off keeping the account you've got. Prepared to be corrected

I am also thinking that my smart isa may also have the bonus until 6 May 2025, but there is nowhere I can see when my bonus rate expires.

Bridlington1

Umiamz said:

Xenon said:

Umiamz said:

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.

I have a regular savings account with Aldermore
The 1 yr fixed rate ISA 5% is listed and available (at least for now)
I just opened one (at least i hope i have !  )

It's available via your Aldermore account but no longer available for new customers. The website is just showing the 2yr fix now.

It seems the application link for new customers to apply for the 1Y fixed ISA is still live for the time being though:
https://secure.aldermoresavings.co.uk/applyonline/applicationform.aspx?productid=ANA02I

kitkat68

When will Oaknorth and other institutions reopen their 12m fixes? 

I have an account with Oaknorth with my 23/24 ISA allowance already but I can't seem to find a way to open another for my 24/25 ISA allowance despite them being listed here.

I've logged in via the website rather than the app but its still the same...I want to transfer something from an other ISA and add £20k new money.....

bioboybill

I currently have just under £21K in a fixed Virgin ISA at 5.25% that doesn't mature until January 2025. I also have just over £17K in a Virgin EA ISA at 4.76% that I use to drip feed money into Regular Savers. I saw the Chip EA ISA at 5.1% that is flexible just like my Virgin EA ISA, so I was thinking of using that this year even though it doesn't allow transfers in.  However, I noticed it barely gets a mention on here. Is there a reason for that I may have missed (apart from no transfers in)?

MisterMotivated

pecunianonolet said:

MisterMotivated said:

I opened a new 5% fixed pot with Zopa on 5 April on the assumption that they would reduce the rate at some point (probably the following day).  I now have to decide how much of my funds to fix before the 30 day window closes as they're currently in the access pot at 5.08%

Just be aware, that once you fix you CANNOT transfer out the funds in the easy access pot. 

Yes, I neglected to mention I already have a little money in some of the earlier fixed rate pots from when the rates were higher, so adding more wouldn't affect me.

It does seem an unnecessarily restrictive policy on Zopa's part though, not allowing partial transfers out

subjecttocontract

Bridlington1 said:

Umiamz said:

Xenon said:

Umiamz said:

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.

I have a regular savings account with Aldermore
The 1 yr fixed rate ISA 5% is listed and available (at least for now)
I just opened one (at least i hope i have !  )

It's available via your Aldermore account but no longer available for new customers. The website is just showing the 2yr fix now.

It seems the application link for new customers to apply for the 1Y fixed ISA is still live for the time being though:
https://secure.aldermoresavings.co.uk/applyonline/applicationform.aspx?productid=ANA02I

Re:  Aldermore.
Do you think it's worth me opening this 1 year fix today for a transfer of an existing ISA on 1st May ?
I'm not planning on adding any new money to it but I guess I could if necessary.