Cash ISAs: The Best Currently Available List

sammy_zammy

Drat, Shawbrook’s fixed term ISA rates have dropped. Was considering sticking £1k in there and making the most of the multi-tax year deposit perk, but hesitated due to the uncertainty on ISA transfers after account opening. Realised today that even if I try to transfer later, worst case is they’ll say no and I’ll have to save somewhere else, but seems I was too late!

1 year 4.31%

2 year 4.06%

3 year 4.01%

5 year 3.91%

7 year 3.56%

VNX

flaneurs_lobster said:

nomorekids said:

Did this ever get resolved? I am in the same position and I applied as new customer around the same time as you?

@soulsaver made the point on the Best Easy Access thread earlier that Chip's offerings seem to be designed to be obtuse.

I'm struggling, not only with Chip but also Trading212 to verify exactly what interest rate I'm receiving (and when it might be reduced) and what interest rates I SHOULD be receiving. There seem to be overlapping New Customer deals/MSE coupon codes that may have been applied (or not).

You knew where you were in t' olden days wi' a proper bank.....

Lloyds have a rate of 1.15% if you’d prefer a proper bank 

flaneurs_lobster

VNX said:

Lloyds have a rate of 1.15% if you’d prefer a proper bank 

I know. I'm definitely not a technophobe (quite the opposite) and quite understand that the nature of the beast is that the best rates are being offered by the online-only app-based "New Financials". 

It's their nature, they can react fast, activate promotions quickly, launch new products seemingly weekly and all before the traditional bank has had the first of several meetings to decide what kind of display advertising they are going to have in their branches.

Does make it hard to keep yer spreadsheets up-to-date.

soulsaver

VNX said:

flaneurs_lobster said:

nomorekids said:

Did this ever get resolved? I am in the same position and I applied as new customer around the same time as you?

@soulsaver made the point on the Best Easy Access thread earlier that Chip's offerings seem to be designed to be obtuse.

I'm struggling, not only with Chip but also Trading212 to verify exactly what interest rate I'm receiving (and when it might be reduced) and what interest rates I SHOULD be receiving. There seem to be overlapping New Customer deals/MSE coupon codes that may have been applied (or not).

You knew where you were in t' olden days wi' a proper bank.....

Lloyds have a rate of 1.15% if you’d prefer a proper bank 

I have a 5.55% fixed rate ISA with Lloyds. And even better, I'm still paying into it. 

flaneurs_lobster

soulsaver said:

I have a 5.55% fixed rate ISA with Lloyds. And even better, I'm still paying into it. 

Indeed, I've got over 5% with Virgin (which is just about a proper bank).

VNX

My NatWest two year 5.9% ISA has six months left 

pecunianonolet

5.25% with Virgin maturing end of March. Missed the peak at the time as I was tied up elsewhere and penalty would have been too high. Can only hope the BOE is not lowering again on 20th March...

Emily_Joy

pecunianonolet said:

5.25% with Virgin maturing end of March. Missed the peak at the time as I was tied up elsewhere and penalty would have been too high. Can only hope the BOE is not lowering again on 20th March...

Most providers are happy for the account to be funded within 14 days of the opening, so if you apply on 19th of March before the meeting and your ISA matures in the end of March, you should safely be within the transfer window.

Bobblehat

This might have been asked and answered before but I couldn't find the answer on MSE, probably the way I searched! The answer might be obvious, but ....

If I were to apply for a new ISA within say 14 days before the new tax year (so in 24/25), and if I funded it only in the new tax year (25/26) would that be allowed?

I have already used my full 24/25 ISA allowance.

slinger2

That's OK. The £20k limit is on funding. You can open as many as you want if you don't fund them.