Cash ISAs: The Best Currently Available List

Growingold

If flexibility is important to you, then check each product terms carefully as some of the higher paying Cash ISAs are not flexible.

friolento

flaneurs_lobster said:

 

Can I assume that all the above 5.n% rates are only available to new applicants (and new applicants to the app not just the ISA product)?

You can assume that, and unfortunately you will be correct

wiseonesomeofthetime

Growingold said:

If flexibility is important to you, then check each product terms carefully as some of the higher paying Cash ISAs are not flexible.

This is the most important feature for me, for how I wish to use my 25/26 ISA anyway.

Opened Momument Bank's 4.76% one as it is exactly that, and has a 30 day window for first payment, so will fund next Monday

pecunianonolet

All the deals of 5%+ are for new customers only and that means new to the institution and app. the only exception seems to be Zopa. I opened an ISA with them around a year ago but never funded it. They sent me the email about rate decreases and I realised that I still had this ISA open so I just closed it in the app and have the option to open the one at 5.01%, which I intend to do. 

My Moneybox ISA matured on the 29th and on the 24th I provided Virgin with transfer out instructions but nothing has been moved by Moneybox yet, all they did is the froze my ISA. Strangely, they said that once my boosted rate comes to an end my underlying rate goes up to 4.2% instead of being 3.75% and they applied that 3.75% rate from the day my bonus rate expired even if they said it will be 4.2%.

I give them until tomorrow and will hand in a complaint because when they say that 4.2% applies from the maturity date but a weekend is in between I expect them to apply this rate. 

I also have to transfer out to Virgin first before I can move it to Zopa (should I decide to do that) because Zopa doesn't take transfer in requests from Moneybox. A recent transfer from Westbrom BS to Virgin took 2 days so I am certain that Moneybox to Virgin should not take a week, especially not when providers claim they are app only, digital, etc. Especially in that case I expect them to be faster compared to a traditional building society. 

flaneurs_lobster

pecunianonolet said:

All the deals of 5%+ are for new customers only and that means new to the institution and app. the only exception seems to be Zopa. I opened an ISA with them around a year ago but never funded it. They sent me the email about rate decreases and I realised that I still had this ISA open so I just closed it in the app and have the option to open the one at 5.01%, which I intend to do. 

My Zopa app offers me a variable flexible Cash ISA @ 3.8%, so that's 3 different rates (me, @pecunianonolet and NewCustomer) offered for the same product (or is it 3 different products?). 

Makes comparison tables, or just trying to compare 2 products, pretty useless.

friolento

flaneurs_lobster said:

pecunianonolet said:

All the deals of 5%+ are for new customers only and that means new to the institution and app. the only exception seems to be Zopa. I opened an ISA with them around a year ago but never funded it. They sent me the email about rate decreases and I realised that I still had this ISA open so I just closed it in the app and have the option to open the one at 5.01%, which I intend to do. 

My Zopa app offers me a variable flexible Cash ISA @ 3.8%, so that's 3 different rates (me, @pecunianonolet and NewCustomer) offered for the same product (or is it 3 different products?). 

Makes comparison tables, or just trying to compare 2 products, pretty useless.

same for me at Zopa, 3.8%. I had some money in a 2024-25 ISA with them that I transferred out.

allegro120

flaneurs_lobster said:

pecunianonolet said:

pecunianonolet said:

The ISA battle intensifies with T212 and Moneybox having raised their rates (bonuses) again.

Rates have increased again this morning for Moneybox and Chip.

Can I assume that all the above 5.n% rates are only available to new applicants (and new applicants to the app not just the ISA product)?

I think this is the fact. The only 5%+ I'm eligible for is T212 because I've never had an account with them.  They all tend to have short bonuses too, new trend I guess. There was 5%+ offer from Moneyfarm not long ago, but I wasn't ready for it at the time.  Now it's gone. 

pecunianonolet

If you don't mind QMMF's you can also check out https://www.cmcinvest.com/en-gb/cash-isa at 4.85%

Edit: The Zopa Smar ISA 5.01% offer has now disappeared from moneyfacts and also is no longer available in my app. I can only see now an option for 3.8%

Growingold

wiseonesomeofthetime said:

Growingold said:

If flexibility is important to you, then check each product terms carefully as some of the higher paying Cash ISAs are not flexible.

This is the most important feature for me, for how I wish to use my 25/26 ISA anyway.

Opened Momument Bank's 4.76% one as it is exactly that, and has a 30 day window for first payment, so will fund next Monday

Unfortunately for me needs £10,000 balance   Maybe one day. 

ToastLady

pecunianonolet said:

Edit: The Zopa Smar ISA 5.01% offer has now disappeared from moneyfacts and also is no longer available in my app. I can only see now an option for 3.8%

Thanks for that. Was hoping that Zopa would give another boost for existing customers, but does not appear to be the case. Transfer out now in progress.