Cash ISAs: The Best Currently Available List

slinger2

XDA said:

intalex said:

intalex said:

intalex said:

Though Skipton haven't yet announced rate reductions, an issue 2 of their quadruple access ISA has been made available with 4.00% AER... I wonder what they'll drop issue 1 to (from 4.35% AER)...

Rate reductions effective 9 June now published, 4-access issue 1 not on the list so presumably stays at 4.35% AER just yet...

Anyone know if the Paragon double access ISA is on notice of rate reduction (from 4.50%)?

Yes.

We're changing your interest rate We're letting you know that we’re changing the rate on your account. Like other banks, we always monitor the savings market to make sure we stay as competitive as possible and occasionally we must make the decision to reduce our rates.

Double Access ISA Issue 6

Previous AER* New AER* Effective from Higher rate 4.55% 4.25% 30 May 2025

Issue 9 is still available currently paying 4.50%.

allegro120

rallycurve said:

allegro120 said:

Archerychick said:

MichaelAP said:

Johnny-Cage said:

So now T212 are dropping the rates again looking for a flexible ISA to transfer too
Is Monument going to be the best currently to transfer to that gives monthly interest 

Monument will be reducing to 4.25% as of 29 May. It’s still the best for a Flexible ISA. For Non-Flex Tembo are still at 4.80% but are yet to publish any changes to rates from the last BOE rate cut.

Vida are currently still at 4.63% but they haven’t announced a reduction yet so I’m expecting it to go down soon, but hopefully not as far as Monument. Is a flexible ISA 

I'm looking at Vida and Principality (4.5%),  planning to open both this weekend and request small test transfers out of Monument and see how it goes.  I expect all of them to have a cut very soon,  more options the better.  I won't attempt whole balance transfer out of Monument yet, 4.25% might be a good rate by the end of this month, you never know.

I've never heard of Vida before yesterday when I was looking at what's available on cash ISA market.  I guess they have never offered decent rates before, otherwise I would have already had an account with them.

Principality has already announced its 5 Access Cash ISA is going down to 4.25% on 19 June: 
https://principality.co.uk/home/savings/savings-accounts/online-bonus-5-access-cash-isa

Thank you! I can't believe I've missed that paragraph out   I've now deleted Principality from my list, no point opening it now, 4.25% is very likely to stay until next BoE reduction.

intalex

slinger2 said:

XDA said:

intalex said:

intalex said:

intalex said:

Though Skipton haven't yet announced rate reductions, an issue 2 of their quadruple access ISA has been made available with 4.00% AER... I wonder what they'll drop issue 1 to (from 4.35% AER)...

Rate reductions effective 9 June now published, 4-access issue 1 not on the list so presumably stays at 4.35% AER just yet...

Anyone know if the Paragon double access ISA is on notice of rate reduction (from 4.50%)?

Yes.

We're changing your interest rate We're letting you know that we’re changing the rate on your account. Like other banks, we always monitor the savings market to make sure we stay as competitive as possible and occasionally we must make the decision to reduce our rates.

Double Access ISA Issue 6

Previous AER* New AER* Effective from Higher rate 4.55% 4.25% 30 May 2025

Issue 9 is still available currently paying 4.50%.

I called them and they confirmed issue 9 (and 8 if anyone is interested) are not on a list of rate reductions they received this week. Can still drop at any point (with 14-days notice) but I've opened one and mobilised a transfer of my Skipton 4-access over...

XDA

slinger2 said:

XDA said:

intalex said:

intalex said:

intalex said:

Though Skipton haven't yet announced rate reductions, an issue 2 of their quadruple access ISA has been made available with 4.00% AER... I wonder what they'll drop issue 1 to (from 4.35% AER)...

Rate reductions effective 9 June now published, 4-access issue 1 not on the list so presumably stays at 4.35% AER just yet...

Anyone know if the Paragon double access ISA is on notice of rate reduction (from 4.50%)?

Yes.

We're changing your interest rate We're letting you know that we’re changing the rate on your account. Like other banks, we always monitor the savings market to make sure we stay as competitive as possible and occasionally we must make the decision to reduce our rates.

Double Access ISA Issue 6

Previous AER* New AER* Effective from Higher rate 4.55% 4.25% 30 May 2025

Issue 9 is still available currently paying 4.50%.

Can an issue 6 be upgraded to a issue 9 or do I have to do a transfer?

VNX

MeteredOut said:

Patr100 said:

gesdt50 said:

Malchester said:

Use moneyfactscompare.co.uk rather than MSE. Much better, easier to use and more information. Make sure you have accounts listed by rate to get all best rates first

Moneyfactscompare as a 0 rating on Trustpilot

 3.8 (Great) according to 3 reviews.

https://uk.trustpilot.com/review/moneyfacts.co.uk

Wrong site, though part of the same group.

https://www.trustpilot.com/review/moneyfactscompare.co.uk

They do have a zero rating, but with 0 reviews, it's a bit harsh to be calling them out on that!

Exactly.

The website is a great resource for savings rates 

VNX

Sad to see savings rates continue to fall 

friolento

VNX said:

Sad to see savings rates continue to fall 

....said no mortgage holder ever

slinger2

XDA said:

slinger2 said:

XDA said:

intalex said:

intalex said:

intalex said:

Though Skipton haven't yet announced rate reductions, an issue 2 of their quadruple access ISA has been made available with 4.00% AER... I wonder what they'll drop issue 1 to (from 4.35% AER)...

Rate reductions effective 9 June now published, 4-access issue 1 not on the list so presumably stays at 4.35% AER just yet...

Anyone know if the Paragon double access ISA is on notice of rate reduction (from 4.50%)?

Yes.

We're changing your interest rate We're letting you know that we’re changing the rate on your account. Like other banks, we always monitor the savings market to make sure we stay as competitive as possible and occasionally we must make the decision to reduce our rates.

Double Access ISA Issue 6

Previous AER* New AER* Effective from Higher rate 4.55% 4.25% 30 May 2025

Issue 9 is still available currently paying 4.50%.

Can an issue 6 be upgraded to a issue 9 or do I have to do a transfer?

The Issue 9 T&Cs say "You can have one open Double Access Cash ISA per issue." So all I did was open an issue 9 and move £1k over from issue 6 to this issue 9 (as a test). When the issue 6 rate drops in a couple of weeks I'm planning to move the rest. The only issue then is whether to close the issue 6 to get the accrued interest (since I went for the annual interest option) or keep it open in case the rate on the issue 6 might at some point be more than the issue 9.

intalex

slinger2 said:

or keep it open in case the rate on the issue 6 might at some point be more than the issue 9.

Is that how Paragon tend to do things - lowering rates on latter issues more than earlier issues (with both starting at the same level)?

slinger2

intalex said:

slinger2 said:

or keep it open in case the rate on the issue 6 might at some point be more than the issue 9.

Is that how Paragon tend to do things - lowering rates on latter issues more than earlier issues (with both starting at the same level)?

All seems a bit random to me. See: https://www.paragonbank.co.uk/savings/historic-rates (Cash ISAs -> Defined access cash ISA -> Double access cash ISA)