Cash ISAs: The Best Currently Available List

friolento

AspiringPensioner said:

pecunianonolet said:

AspiringPensioner said:

pecunianonolet said:

Kent Reliance Cash ISA - Easy Access - Issue 56 now  with a slight rate reduction to 4.51% (previous rate 4.56%)

Charter Savings BankEasy Access Cash ISA - Issue 57 now available at 4.59%

Thanks for this heads-up! They were a little late in coming out with these (I'm pretty sure they weren't there in the first 2-3 days of the new tax year because I looked, and already have other accounts with both). It's slightly irritating as these two providers are both among the ones who won't allow you to split your current £20k allowance between them and a different provider (and that info isn't always immediately obvious. Paragon is another one). I had already opened a Coventry fix with half my new allowance. So I'm going to transfer some previous years' funds into each of these, still undecided as to the best home for the rest of my 2025-26 money. 

You can open as many ISA's with as many providers as you want and you can split your current year allowance with them as you wish. As long as you not subscribe with more than 20k you are good to go.

You can basically ignore that stipulation as the ISA rules allow you to open multiple ISA's and providers do not exchange data between each other so they will never find out if you have any other ISA elsewhere. Only HMRC will have a conclusive picture.

If certain companies stipulate that they don't allow me to hold theirs plus another ISA in a particular tax year, then I'm not going to ignore that just because "they'll never find out". Maybe that's just me but it'd worry me to sign up while deliberately breaking one of the conditions they've clearly stated. 

You can safely ignore such stipulation, if it has indeed been made, as it would be against ISA rules. All an ISA provider can do is limit the number of ISAs you have with them. They cannot limit the number of ISAs you have with any other provider.

They can also not force you that you transfer any existng ISA to them, although I see they are trying to do so on their application form. That's bang out of order.

 

Malchester

friolento said:

AspiringPensioner said:

pecunianonolet said:

AspiringPensioner said:

pecunianonolet said:

Kent Reliance Cash ISA - Easy Access - Issue 56 now  with a slight rate reduction to 4.51% (previous rate 4.56%)

Charter Savings BankEasy Access Cash ISA - Issue 57 now available at 4.59%

Thanks for this heads-up! They were a little late in coming out with these (I'm pretty sure they weren't there in the first 2-3 days of the new tax year because I looked, and already have other accounts with both). It's slightly irritating as these two providers are both among the ones who won't allow you to split your current £20k allowance between them and a different provider (and that info isn't always immediately obvious. Paragon is another one). I had already opened a Coventry fix with half my new allowance. So I'm going to transfer some previous years' funds into each of these, still undecided as to the best home for the rest of my 2025-26 money. 

You can open as many ISA's with as many providers as you want and you can split your current year allowance with them as you wish. As long as you not subscribe with more than 20k you are good to go.

You can basically ignore that stipulation as the ISA rules allow you to open multiple ISA's and providers do not exchange data between each other so they will never find out if you have any other ISA elsewhere. Only HMRC will have a conclusive picture.

If certain companies stipulate that they don't allow me to hold theirs plus another ISA in a particular tax year, then I'm not going to ignore that just because "they'll never find out". Maybe that's just me but it'd worry me to sign up while deliberately breaking one of the conditions they've clearly stated. 

You can safely ignore such stipulation, if it has indeed been made, as it would be against ISA rules. All an ISA provider can do is limit the number of ISAs you have with them. They cannot limit the number of ISAs you have with any other provider.

They can also not force you that you transfer any existng ISA to them, although I see they are trying to do so on their application form. That's bang out of order.

 

Darlington Building Society do the same. If you try to open an ISA with them they say you cannot open one if you have already opened one this tax year. You must transfer any ISAs opened this year to them. They also say on their website you can only open one ISA each tax year with no comment saying only one with them. They also confuse investing with depositing or funding using the word investing for funding a cash ISA. Contacted them but no action taken to correct 

Kim_13

Shawbrook now say on their website that they are not for you if you also want to save somewhere else but I can’t see anything formal to that effect - the ISA declaration (correctly) says will not subscribe more than £20,000 which is still true even if you open 20 ISAs with £1,000 each. Though you can only have one ISA per year with them and they are perfectly entitled to have that restriction.

AspiringPensioner

friolento said:

AspiringPensioner said:

pecunianonolet said:

AspiringPensioner said:

pecunianonolet said:

Kent Reliance Cash ISA - Easy Access - Issue 56 now  with a slight rate reduction to 4.51% (previous rate 4.56%)

Charter Savings BankEasy Access Cash ISA - Issue 57 now available at 4.59%

Thanks for this heads-up! They were a little late in coming out with these (I'm pretty sure they weren't there in the first 2-3 days of the new tax year because I looked, and already have other accounts with both). It's slightly irritating as these two providers are both among the ones who won't allow you to split your current £20k allowance between them and a different provider (and that info isn't always immediately obvious. Paragon is another one). I had already opened a Coventry fix with half my new allowance. So I'm going to transfer some previous years' funds into each of these, still undecided as to the best home for the rest of my 2025-26 money. 

You can open as many ISA's with as many providers as you want and you can split your current year allowance with them as you wish. As long as you not subscribe with more than 20k you are good to go.

You can basically ignore that stipulation as the ISA rules allow you to open multiple ISA's and providers do not exchange data between each other so they will never find out if you have any other ISA elsewhere. Only HMRC will have a conclusive picture.

If certain companies stipulate that they don't allow me to hold theirs plus another ISA in a particular tax year, then I'm not going to ignore that just because "they'll never find out". Maybe that's just me but it'd worry me to sign up while deliberately breaking one of the conditions they've clearly stated. 

You can safely ignore such stipulation, if it has indeed been made, as it would be against ISA rules. All an ISA provider can do is limit the number of ISAs you have with them. They cannot limit the number of ISAs you have with any other provider.

They can also not force you that you transfer any existng ISA to them, although I see they are trying to do so on their application form. That's bang out of order.

 

Ummm, the stipulation HAS indeed been made. I've scrutinised the Ts & Cs and FAQs of all the banks I'm referring to about this particular point.  

From the Kent Reliance Easy Access Cash ISA Ts & Cs  (my addition of bold):

If you choose to open multiple Kent Reliance products in the same tax year, these will be treated as a single ISA under HMRC regulations. Under HMRC regulations and where a provider allows, you are permitted to subscribe with multiple cash ISA providers within the same tax year. Currently, you are unable to subscribe with Kent Reliance if you have already subscribed with another provider, unless you are transferring all current year funds to us.

From Charter Savings Bank ISA FAQs 31 March 2025:
Under HMRC regulations, you’re permitted to subscribe with multiple Cash ISA providerswithin the same tax year, 6 April to 5 April. However, this is only where a provider allows this. Currently you’re unable to subscribe with us if you’ve already subscribed with another provider, unless you are transferring all current year funds to us.

And these aren't the only two doing this. Paragon is another, and Marsden Building Society.

XDA

northernstar007 said:

it looks like a few on here jumping onto monument (4.76%)

I’m one of them. Downloaded app, account opened instantly and funds appear within 5 minutes on the several transfers I’ve done this week.

You even get a push notification from the app to say funds have been deposited into the account.

I’m very impressed with them so far.

I do expect the 4.76% rate to drop if (more likely when) the BoE lower interest rates next month.

flaneurs_lobster

Re Monument Easy Access Cash ISA

I read upthread that they are now accepting transfers in (despite the website & app saying otherwise).

Would this include partial transfers?

Bit difficult to look it up..........

friolento

AspiringPensioner said:

friolento said:

AspiringPensioner said:

pecunianonolet said:

AspiringPensioner said:

pecunianonolet said:

Kent Reliance Cash ISA - Easy Access - Issue 56 now  with a slight rate reduction to 4.51% (previous rate 4.56%)

Charter Savings BankEasy Access Cash ISA - Issue 57 now available at 4.59%

Thanks for this heads-up! They were a little late in coming out with these (I'm pretty sure they weren't there in the first 2-3 days of the new tax year because I looked, and already have other accounts with both). It's slightly irritating as these two providers are both among the ones who won't allow you to split your current £20k allowance between them and a different provider (and that info isn't always immediately obvious. Paragon is another one). I had already opened a Coventry fix with half my new allowance. So I'm going to transfer some previous years' funds into each of these, still undecided as to the best home for the rest of my 2025-26 money. 

You can open as many ISA's with as many providers as you want and you can split your current year allowance with them as you wish. As long as you not subscribe with more than 20k you are good to go.

You can basically ignore that stipulation as the ISA rules allow you to open multiple ISA's and providers do not exchange data between each other so they will never find out if you have any other ISA elsewhere. Only HMRC will have a conclusive picture.

If certain companies stipulate that they don't allow me to hold theirs plus another ISA in a particular tax year, then I'm not going to ignore that just because "they'll never find out". Maybe that's just me but it'd worry me to sign up while deliberately breaking one of the conditions they've clearly stated. 

You can safely ignore such stipulation, if it has indeed been made, as it would be against ISA rules. All an ISA provider can do is limit the number of ISAs you have with them. They cannot limit the number of ISAs you have with any other provider.

They can also not force you that you transfer any existng ISA to them, although I see they are trying to do so on their application form. That's bang out of order.

 

Ummm, the stipulation HAS indeed been made. I've scrutinised the Ts & Cs and FAQs of all the banks I'm referring to about this particular point.  

From the Kent Reliance Easy Access Cash ISA Ts & Cs  (my addition of bold):

If you choose to open multiple Kent Reliance products in the same tax year, these will be treated as a single ISA under HMRC regulations. Under HMRC regulations and where a provider allows, you are permitted to subscribe with multiple cash ISA providers within the same tax year. Currently, you are unable to subscribe with Kent Reliance if you have already subscribed with another provider, unless you are transferring all current year funds to us.

From Charter Savings Bank ISA FAQs 31 March 2025:
Under HMRC regulations, you’re permitted to subscribe with multiple Cash ISA providerswithin the same tax year, 6 April to 5 April. However, this is only where a provider allows this. Currently you’re unable to subscribe with us if you’ve already subscribed with another provider, unless you are transferring all current year funds to us.

And these aren't the only two doing this. Paragon is another, and Marsden Building Society.

I haven't tried Charter but I do have a KRBS ISA, and had a couple of Paragon ones last year. And many others.I won't get bullied by ISA providers who don't understand what the rules are.

friolento

flaneurs_lobster said:

Re Monument Easy Access Cash ISA

I read upthread that they are now accepting transfers in (despite the website & app saying otherwise).

Would this include partial transfers?

Bit difficult to look it up..........

No partial transfers-in at Monument, and no option to specify a trsanfer date / waiting for maturity

flobbalobbalob

flaneurs_lobster said:

Re Monument Easy Access Cash ISA

I read upthread that they are now accepting transfers in (despite the website & app saying otherwise).

Would this include partial transfers?

Bit difficult to look it up..........

These are the relevant screenshots I took during the in app transfer request.

E_zroda

AspiringPensioner said:

pecunianonolet said:

AspiringPensioner said:

pecunianonolet said:

Kent Reliance Cash ISA - Easy Access - Issue 56 now  with a slight rate reduction to 4.51% (previous rate 4.56%)

Charter Savings BankEasy Access Cash ISA - Issue 57 now available at 4.59%

Thanks for this heads-up! They were a little late in coming out with these (I'm pretty sure they weren't there in the first 2-3 days of the new tax year because I looked, and already have other accounts with both). It's slightly irritating as these two providers are both among the ones who won't allow you to split your current £20k allowance between them and a different provider (and that info isn't always immediately obvious. Paragon is another one). I had already opened a Coventry fix with half my new allowance. So I'm going to transfer some previous years' funds into each of these, still undecided as to the best home for the rest of my 2025-26 money. 

You can open as many ISA's with as many providers as you want and you can split your current year allowance with them as you wish. As long as you not subscribe with more than 20k you are good to go.

You can basically ignore that stipulation as the ISA rules allow you to open multiple ISA's and providers do not exchange data between each other so they will never find out if you have any other ISA elsewhere. Only HMRC will have a conclusive picture.

If certain companies stipulate that they don't allow me to hold theirs plus another ISA in a particular tax year, then I'm not going to ignore that just because "they'll never find out". Maybe that's just me but it'd worry me to sign up while deliberately breaking one of the conditions they've clearly stated. 

Thanks for bringing this up. Due to an oversight on my part, had to ring them today and request my shiny new ISA with KR to be closed. The CS rep told me they still play by the 'old rules' - for some unfathomable reason. The CS was great, product was OK - it is just some management decision that stopped me from being a KR customer for this tax year...