Cash ISAs: The Best Currently Available List

FishInGlass

soulsaver said:

slinger2 said:

soulsaver said:

I believe I read somewhere, that a recent rule change means I can withdraw (not transfer) this financial year's contribution from a flexible ISA and subsequently deposit it to other providers ISAs? And not have to repatriate it at all?

Anyone got a link to an official source?

If so, does the receiving ISA also have to be flexible?

The regulations were changed recently: https://www.legislation.gov.uk/uksi/1998/1870/regulation/5DDB

Compare the 15/7/25 version with the 6/4/24 version and you'll see that paragraph 3 is different. Or see: https://www.legislation.gov.uk/uksi/2025/733/regulation/5/made

All written is legal language.

The "receiving ISA" doesn't have to be flexible. The ISA you make the withdrawal from needs to be flexible. And of course the replacement needs to be made in the same tax year as the withdrawal.

Found where I saw it: Change to the Flexible ISA Regulation (5DDB) dated 15 July 2025 — MoneySavingExpert Forum

I hadn't seen this or the other thread. Having now looked at the legislation it appears that this particular change does not come into effect until the 6th April 2027.

https://www.legislation.gov.uk/uksi/2025/733/regulation/1/made states Regulation 4 comes into force on 6th April 2027 and has effect in relation to the tax year 2027-28 and subsequent tax years. 

slinger2

FishInGlass said:

soulsaver said:

slinger2 said:

soulsaver said:

I believe I read somewhere, that a recent rule change means I can withdraw (not transfer) this financial year's contribution from a flexible ISA and subsequently deposit it to other providers ISAs? And not have to repatriate it at all?

Anyone got a link to an official source?

If so, does the receiving ISA also have to be flexible?

The regulations were changed recently: https://www.legislation.gov.uk/uksi/1998/1870/regulation/5DDB

Compare the 15/7/25 version with the 6/4/24 version and you'll see that paragraph 3 is different. Or see: https://www.legislation.gov.uk/uksi/2025/733/regulation/5/made

All written is legal language.

The "receiving ISA" doesn't have to be flexible. The ISA you make the withdrawal from needs to be flexible. And of course the replacement needs to be made in the same tax year as the withdrawal.

Found where I saw it: Change to the Flexible ISA Regulation (5DDB) dated 15 July 2025 — MoneySavingExpert Forum

I hadn't seen this or the other thread. Having now looked at the legislation it appears that this particular change does not come into effect until the 6th April 2027.

https://www.legislation.gov.uk/uksi/2025/733/regulation/1/made states Regulation 4 comes into force on 6th April 2027 and has effect in relation to the tax year 2027-28 and subsequent tax years. 

Incorrect:

See: https://www.legislation.gov.uk/uksi/2025/733/note/made which states "Regulation 4 amends regulation 4ZA" and is nothing to do with flexible ISAs. "Regulation 5 amends regulation 5DDB" (the flexible ISA regulation).

Kim_13

Skipton BOE + 0.16% Tracker Cash ISA NLA

replaced it seems by Bonus Cash ISA Saver at 4.13% including 1.83% bonus.

Aidanmc

Marsden BS
Single Access online flexible ISA interest rate reduction to 4.30% (inc. bonus) effective from 25 October

KneadtheDough

Aidanmc said:

Marsden BS
Single Access online flexible ISA interest rate reduction to 4.30% (inc. bonus) effective from 25 October

Marsden BS

Thanks for this. I have managed to find my email in the sp@m folder saying the same. I was going to transfer my funds to another cash ISA, but I still think the Marsden one is a fairly good rate, WITH the pretty good bonus rate ... for now.

Aidanmc

PowerSavingMode said:

Aidanmc said:

Marsden BS
Single Access online flexible ISA interest rate reduction to 4.30% (inc. bonus) effective from 25 October

Marsden BS

Thanks for this. I have managed to find my email in the sp@m folder saying the same. I was going to transfer my funds to another cash ISA, but I still think the Marsden one is a fairly good rate, WITH the pretty good bonus rate ... for now.

I never received any notification by email, but i got a letter in the post today!
Going to stick with it also

benny5

Anyone know if Virgin Money will allow a partial transfer/partial retention of funds on a maturing fixed cash ISA as I can’t see anything on the maturity documents?

Their current rates provide for only one option on fixes (1 year 4.16%) and nothing beyond that and I’m keen to fix some of the funds for up to 3 years.

Thanks.

badger09

benny5 said:

Anyone know if Virgin Money will allow a partial transfer/partial retention of funds on a maturing fixed cash ISA as I can’t see anything on the maturity documents?

Their current rates provide for only one option on fixes (1 year 4.16%) and nothing beyond that and I’m keen to fix some of the funds for up to 3 years.

Thanks.

On maturity VM FRISAs usually become whatever instant access ISA they have on offer at the time. If you want to split your maturity proceeds I suggest you open your chosen FRISA elsewhere, shortly before maturity date to secure the rate. Ensure you select ‘wait for maturity’ on the new providers form & enter the amount you want to xfer. 

Once that xfer is complete, repeat the process if you want more than 1 FRISA. Then finally xfer any Instant access ISA. 

Don’t try to do more than 1 xfer at a time. It might cause problems. 

benny5

badger09 said:

benny5 said:

Anyone know if Virgin Money will allow a partial transfer/partial retention of funds on a maturing fixed cash ISA as I can’t see anything on the maturity documents?

Their current rates provide for only one option on fixes (1 year 4.16%) and nothing beyond that and I’m keen to fix some of the funds for up to 3 years.

Thanks.

On maturity VM FRISAs usually become whatever instant access ISA they have on offer at the time. If you want to split your maturity proceeds I suggest you open your chosen FRISA elsewhere, shortly before maturity date to secure the rate. Ensure you select ‘wait for maturity’ on the new providers form & enter the amount you want to xfer. 

Once that xfer is complete, repeat the process if you want more than 1 FRISA. Then finally xfer any Instant access ISA. 

Don’t try to do more than 1 xfer at a time. It might cause problems. 

badger09 said:

benny5 said:

Anyone know if Virgin Money will allow a partial transfer/partial retention of funds on a maturing fixed cash ISA as I can’t see anything on the maturity documents?

Their current rates provide for only one option on fixes (1 year 4.16%) and nothing beyond that and I’m keen to fix some of the funds for up to 3 years.

Thanks.

On maturity VM FRISAs usually become whatever instant access ISA they have on offer at the time. If you want to split your maturity proceeds I suggest you open your chosen FRISA elsewhere, shortly before maturity date to secure the rate. Ensure you select ‘wait for maturity’ on the new providers form & enter the amount you want to xfer. 

Once that xfer is complete, repeat the process if you want more than 1 FRISA. Then finally xfer any Instant access ISA. 

Don’t try to do more than 1 xfer at a time. It might cause problems. 

Really appreciate your input.

Just received the notification on maturity which is the 24th October so I've got less than ten days to act. 

Thanks.

pecunianonolet

Moneyfarm increased the rate to 4.4% including bonus.

https://www.moneyfarm.com/uk/cash-isa/