Cash ISAs: The Best Currently Available List

pecunianonolet

VNX said:

pecunianonolet said:

Chip ISA has appeared again at 4.99% with 12 month bonus

Nice rate for a year 

New customers: The 12 month 4.99% AER (variable tracker), is a temporary boost rate (+0.93% AER for 12 months) and is only available to new customers who join Chip using a valid promo code. The offer began at 16:30 on 23 May 2025. See the terms here.

https://www.getchip.uk/savings-accounts/cash-isa

Not exactly for one year but perhaps fairly stable for a while as there may only be one more BOE rate reduction. Fairly competitive for sure. 

MichaelAP

Reference Chip’s new ISA rate of 4.99% for one year bonus; I have a Chip ISA at 4.07%. Obviously I cannot get this new rate of 4.99% being an existing customer.
Anyone know what happens if you transfer out of Chip and close the account, can you then reapply as a new customer?

nomorekids

MichaelAP said:

Reference Chip’s new ISA rate of 4.99% for one year bonus; I have a Chip ISA at 4.07%. Obviously I cannot get this new rate of 4.99% being an existing customer.
Anyone know what happens if you transfer out of Chip and close the account, can you then reapply as a new customer?

yep I do, they refuse you another ISA

crumpet_man

nomorekids said:

MichaelAP said:

Reference Chip’s new ISA rate of 4.99% for one year bonus; I have a Chip ISA at 4.07%. Obviously I cannot get this new rate of 4.99% being an existing customer.
Anyone know what happens if you transfer out of Chip and close the account, can you then reapply as a new customer?

yep I do, they refuse you another ISA

I think this has come up before and someone said if you use a different email address you can sign up as a new user. 

Not tried it myself but I might if Tembo reduce their rate.

flaneurs_lobster

crumpet_man said:

I think this has come up before and someone said if you use a different email address you can sign up as a new user. 

You'd need a new mobile phone number to get past step one of being a new user.

Once through that you'd have to hope that they don't check your name, address or NI number belong to a previous customer. The email address being different is a given.

booneruk

A new user with a completely different NI number, right? 

flaneurs_lobster

booneruk said:

A new user with a completely different NI number, right? 

Yep, that'll work. 

Don't know if banks have access to HMRC's NI check service (it's certainly available to operators of registered payroll systems), but in any case it's probably fraud to declare a wrong number.

Worth the risk for an extra 1%? I wouldn't.

Beeblebr0x

Tembo cash ISA still advertising an interest rate of 4.80%. The warning that it's reviewing its interest rates has disappeared.

Gambler

Beeblebr0x said:

Tembo cash ISA still advertising an interest rate of 4.80%. The warning that it's reviewing its interest rates has disappeared.

Warning still there for me.

Beeblebr0x

^ Yes, you're right.