Cash ISAs: The Best Currently Available List

guli

pecunianonolet said:

HL Cash ISA 4.55% (open to all it seems)

https://www.hl.co.uk/investment-services/isa-accounts

Cash ISA: https://www.hl.co.uk/savings/cash-isa

No transfer in of cash ISA's, current year subscription only, non flexible. 



With the above it should be possible but probably rather convulted and not without risk to move from an existing cash ISA with your current provider to a provider that accepts cash ISA transfers in to a S&S ISA and onwards to HL and from HL S&S ISA into HL Cash ISA. 

Explained in more detail here: https://www.hl.co.uk/savings/cash-isa/cash-isa-transfers

Hargreaves Landown Cash ISA

perhsps take up this offer first if you’re a new client to Hargreaves Lansdown; open and fund a HL stocks & a share ISA first before opening up their Cash ISS

Pocket your £150 John Lewis voucher

This offer is exclusively for new HL clients.

Add £10,000 or more to a new HL Stocks and Shares ISA and you’ll get a £150 John Lewis e-voucher on us.

To qualify:

• Open your account with a cash payment or start your ISA transfer by 10 December 2025.

• If transferring, your ISA must be received by us by 31 January 2026.

pecunianonolet

guli said:

pecunianonolet said:

HL Cash ISA 4.55% (open to all it seems)

https://www.hl.co.uk/investment-services/isa-accounts

Cash ISA: https://www.hl.co.uk/savings/cash-isa

No transfer in of cash ISA's, current year subscription only, non flexible. 



With the above it should be possible but probably rather convulted and not without risk to move from an existing cash ISA with your current provider to a provider that accepts cash ISA transfers in to a S&S ISA and onwards to HL and from HL S&S ISA into HL Cash ISA. 

Explained in more detail here: https://www.hl.co.uk/savings/cash-isa/cash-isa-transfers

You would also need a minimum of £1 new money allowance to open this cash ISA. If you have used up your this years’ ISA allowance, it is not possible to move existing new money cash ISA into HL S&S into this ISA (unless you have new money in a flexible ISA, based on flexible ISA rule change on the 25th of July)

not sure what the risk you’re referring to though

1. You can transfer your full current year 20k, should you have made full subscriptions already into a non flexible ISA, to a flexible ISA. This will free up your £1 but in this case you could also just withdraw your full 20k and pay it into HL (July rule change). 

2. The risk I am referring to is the various transfers required e.g. you have previous year subscriptions you'd like to move to 4.55%. Transferring into a S&S ISA means 30 working days for completion instead of 15, meaning that things during a transfer could go wrong or by the time a transfer or multiples are completed we are in December and the BOE may have cut rates, in turn the HL ISA rate is cut before you even transferred old money around to get it via HL S&S into the HL Cash ISA. 

3. To get the voucher you need to hold 10k+ in your S&S ISA until at least 31st January 2026. Also, it is uninvested cash in a S&S ISA and rates are not appealing. https://www.hl.co.uk/charges-and-interest-rates

guli

masonic said:

guli said:
not sure what the risk you’re referring to though

The main risk would be the money is still in a S&S ISA on budget day and an immediate block on transfers from S&S to cash ISAs is announced along with the speculated reduction in cash ISA allowance. Rather unlikely, but who knows.

Unlike cigarettes tobacco and fuel duty, any changes to ISA regulations won’t be on the very same/next day, more likely to be enforced in the new tax year, as the banks need to prepare! 

guli

pecunianonolet said:

guli said:

pecunianonolet said:

HL Cash ISA 4.55% (open to all it seems)

https://www.hl.co.uk/investment-services/isa-accounts

Cash ISA: https://www.hl.co.uk/savings/cash-isa

No transfer in of cash ISA's, current year subscription only, non flexible. 



With the above it should be possible but probably rather convulted and not without risk to move from an existing cash ISA with your current provider to a provider that accepts cash ISA transfers in to a S&S ISA and onwards to HL and from HL S&S ISA into HL Cash ISA. 

Explained in more detail here: https://www.hl.co.uk/savings/cash-isa/cash-isa-transfers

You would also need a minimum of £1 new money allowance to open this cash ISA. If you have used up your this years’ ISA allowance, it is not possible to move existing new money cash ISA into HL S&S into this ISA (unless you have new money in a flexible ISA, based on flexible ISA rule change on the 25th of July)

not sure what the risk you’re referring to though

1. You can transfer your full current year 20k, should you have made full subscriptions already into a non flexible ISA, to a flexible ISA. This will free up your £1 but in this case you could also just withdraw your full 20k and pay it into HL (July rule change). 

2. The risk I am referring to is the various transfers required e.g. you have previous year subscriptions you'd like to move to 4.55%. Transferring into a S&S ISA means 30 working days for completion instead of 15, meaning that things during a transfer could go wrong or by the time a transfer or multiples are completed we are in December and the BOE may have cut rates, in turn the HL ISA rate is cut before you even transferred old money around to get it via HL S&S into the HL Cash ISA. 

3. To get the voucher you need to hold 10k+ in your S&S ISA until at least 31st January 2026. Also, it is uninvested cash in a S&S ISA and rates are not appealing. https://www.hl.co.uk/charges-and-interest-rates

Hargreaves Lansdown

on your point 3. You can hold just that £10k+ in money market funds that track SONIA rate, until after 31st January, bank in the £150 voucher (that’s 1.5% “cashback”), after which you can transfer to HL Cash ISA