Cash ISAs: The Best Currently Available List

rallycurve

2010 said:

Shawbrook has come back with a 1yr fix @ 4.91% issue 91.

That makes them top of the list. Hope it's the start of a battle again to offer best rates now that we are in the new tax year!

buzzman888

OakNorth have pulled all ISA’s
Aldermore ISA has been closed
Paragon is for existing customers
Shawbrook has terrible reviews. 

I’m holding out at the moment to see what comes available over the next week. 

pecunianonolet

buzzman888 said:

OakNorth have pulled all ISA’s
Aldermore ISA has been closed
Paragon is for existing customers
Shawbrook has terrible reviews. 

I’m holding out at the moment to see what comes available over the next week. 

I have had a good experience, prompt and excellent customer service from Shawbrook whenever I contacted them and everything worked as advertised.

steveksullivan

buzzman888 said:

OakNorth have pulled all ISA’s
Aldermore ISA has been closed
Paragon is for existing customers
Shawbrook has terrible reviews. 

I’m holding out at the moment to see what comes available over the next week. 

I agree with @pecunianonolet .Never had anything other than good service from Shawbrook and have had several products with them over the years. As I'm just about to open a new one with them, could you point me to any of these terrible reviews please?

refluxer

buzzman888 said:

OakNorth have pulled all ISA’s
Aldermore ISA has been closed
Paragon is for existing customers
Shawbrook has terrible reviews. 

I’m holding out at the moment to see what comes available over the next week. 

OakNorth, like many other ISA providers, suspended new ISA applications last week in the run-up to the new tax year and haven't announced their new rates yet. I was expecting them to be available today but they're obviously still deciding what to do as their site current states "At this time, we do not yet have a confirmed date for when applications for any OakNorth ISAs will be re-opened".

It's only the 1-year cash ISA that Aldermore have pulled - it will have been very popular as it was the only fixed rate cash ISA that relaunched at 5% over the weekend.

Paragon - just as with Aldermore, it's only the 1 year fix that's affected. Paragon limit certain accounts to existing customers occasionally instead of withdrawing them completely, so this isn't unusual.

Shawbrook - I've held many different types of savings account with them in recent years (including ISAs) and never had an issue. Reviews for banks on places like Trust Pilot are predominantly negative as people like to complain more than they like to praise.

Umiamz

Aldermore's 5% 1 year fix is still available to existing account holders - I checked this morning. I wonder what would happen if somebody opened one of the easy access accounts (ISA or not) and then chose the option to open another account?

soulsaver

soulsaver said:

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. 

Well good news - KRBS 5.04% 1 year fix reappeared in OHs ac this morning and was subsequently funded. 
If no backtracking, jobsagoodun...  

soulsaver

Bridlington1 said:

Nottingham BS have now launched their Starter ISA Issue 12 at 5% fixed.

Account can be opened/managed in branch only
Allows deposits of up to £1.5k/mth before allowing you to top up your balance to £20k in March 2025
No withdrawals but you can transfer out subject to 90 days interest penalty.

Regular Saver ISA | Saffron Building Society (saffronbs.co.uk) Saffron joins in.. 4.75% fixed but allows withdrawals.. £10 min.

£1650 pm & top up to £20k in mth 12. Not flexible. Branch or post. There's a few caveats, so do-your-due..

buzzman888

steveksullivan said:

buzzman888 said:

OakNorth have pulled all ISA’s
Aldermore ISA has been closed
Paragon is for existing customers
Shawbrook has terrible reviews. 

I’m holding out at the moment to see what comes available over the next week. 

I agree with @pecunianonolet .Never had anything other than good service from Shawbrook and have had several products with them over the years. As I'm just about to open a new one with them, could you point me to any of these terrible reviews please?

I was about to see what they were offering on their website & noticed poor reviews on google reviews.  

Bridlington1

Melton BS has launched a Regular Saver ISA at 5% variable.
Branch/post only
Account can be opened with £1
£1650 max monthly deposit, except in final month in which you can top up the account to £20k
Closure/transfers out subject to 90 days interest penalty