Cash ISAs: The Best Currently Available List

VNX

Having been nonplus about the three month bonus rates up to now, currently having my emergency fund/easy access money with ZOPA at 4.5% 

I have decided today to move this 20k ish to CHIP for their 5.9% bonus rate for three months and I’ll see what’s what mid July and decide what to do with my money then 

All was very easy to open the CHIP ISA and add bonus and initiate the transfer 

ukbootlegs

I am looking for a one year fixed cash ISA.  

what's currently the best?  I see the Post Office offering 4.4%

Thx

Steve_xx

ukbootlegs said:

I am looking for a one year fixed cash ISA.  

what's currently the best?  I see the Post Office offering 4.4%

Thx

Gatehouse Bank 4.5% on a 1 year fix

ukbootlegs

Steve_xx said:

ukbootlegs said:

I am looking for a one year fixed cash ISA.  

what's currently the best?  I see the Post Office offering 4.4%

Thx

Gatehouse Bank 4.5% on a 1 year fix

Many thanks

ukbootlegs

Steve_xx said:

ukbootlegs said:

I am looking for a one year fixed cash ISA.  

what's currently the best?  I see the Post Office offering 4.4%

Thx

Gatehouse Bank 4.5% on a 1 year fix

This bit puts me off.  I am inferring it cannot guarantee 4.5%

What is the product?

This is a 1 Year Fixed Term Woodland Cash ISA (previously named 'Green Cash ISA'), operated under Shariah principles. This means that interest cannot be earned, but we generate profit instead.

What does this mean for my money?

The profit we share is the expected profit rate at the time you open your account. We monitor your account on a daily basis to ensure the expected profit rate will be achieved. If we believe the expected profit rate will not be achieved, we will contact you giving you notice of the new expected profit rate. 

Patr100

Standard clause for sharia account so profit not interest. Still unlikely not to meet stated rate.

ukbootlegs

I went for a lower rate in the end at 4.25% with Nationwide.  I bank with them daily, have a savings account with them, and so it will all be in one place.

Difference on interest at 4.25% and 4.5% is only around £100 over the 12 months.

francoghezzi

ukbootlegs said:

I went for a lower rate in the end at 4.25% with Nationwide.  I bank with them daily, have a savings account with them, and so it will all be in one place.

Difference on interest at 4.25% and 4.5% is only around £100 over the 12 months.

"Only" ??? 

ukbootlegs

francoghezzi said:

ukbootlegs said:

I went for a lower rate in the end at 4.25% with Nationwide.  I bank with them daily, have a savings account with them, and so it will all be in one place.

Difference on interest at 4.25% and 4.5% is only around £100 over the 12 months.

"Only" ??? 

Worth it for the convience for me having it all under one app.  I will look at the alternatives for my wifes ISA though.

Middle_Sister

What happens if you open a Plum cash ISA paying 5.92% which consists of 3.54% basic rate + 2.38% bonus rate for 3 months. Does the rate drop to the 3.54%?  Is that better than opening a 1 yr fix at say 4.5%?