Cash ISAs: The Best Currently Available List

pecunianonolet

BreakingGlass said:

pecunianonolet said:

BreakingGlass said:

allegro120 said:

pecunianonolet said:

Teacher BS Single Access ISA at 4.30% (4.35% for teachers)



Anyone experience with them? Are they participating in electronic transfers?

No electronic transfers.  You have to scan and e-mail the form.  Transfers in are quick.  I've made two, one took 4 days and the other one 3 days.

Teachers BS

I have just completed the online ISA application and want to transfer my Cash ISA from Paragon (rate dropping tomorrow).   Do I have to wait for Teachers BS to now contact me, or should I just download the External Cash ISA Transfer form from their site and email to them?

On the back of your question, did you get online access straight away (assuming new customer) and do they provide a funding window e.g. you can open but only provide transfer instructions at a later date (Cynergy dropping on 18th Dec)? 

Was thinking of opening to secure the rate and account but waiting to provide any transfer instructions until after BOE meeting and subsequent announcements. 

Also, I couldn't find any notice period for rate reductions so the risk is that BOE reduction is on 18th and Teachers is reducing instantly or shortly after by e.g. 0.25%. This would be a new rate of 4.05% and after Cynergy drop it would also be 4.05% so would be just faff of moving for no gain.

However, opening Teachers and waiting out may be a solution to keep options open.  

So far all I have had is the following screenshot at the end of the online application.  It's the second bullet's wording 'we will ask you to complete a transfer authority form' that confuses me.  Do I have to wait to be asked or should I crack on and download/complete/email the form?  Their transfer form doesn't require a Teachers ISA account number (just NI number etc) and has a box to say that 'I have already completed an online application'.

EDIT:  I've not even had an 'application acknowledgement' email (and I have checked spam) hence my hesitation.

I read it that way that you have the following options:

1. Make a payment in (from your current year allowance, so you subscribe with this years allowance, obviously only possible if you have any left).

2. You complete a transfer in form as you need to satisfy the minimum balance of £100 so I think you can just crack on filling out the form to formally instruct them to move your funds in. 

It may take some time for an email to arrive. It sounds to me overall, that they are a BS that is still working more traditionally compared to others with more digital capabilities and frankly power to invest in digital infrastructure. 

refluxer

Charter have increased the rates of their 1 and 2 year fixed rate cash ISAs to 4.30% and 4.20% respectively, which makes them the best 1 and 2 year rates currently available.

The 3 year fixed rate has had a smaller bump to 4.14%, which is not far off the best rate available for that time period.

Investec's 1 year fix is also 4.30%, but they don't allow transfers-in which rules them out for anyone looking to do that.

s71hj

refluxer said:

Charter have increased the rates of their 1 and 2 year fixed rate cash ISAs to 4.30% and 4.20% respectively, which makes them the best 1 and 2 year rates currently available.

The 3 year fixed rate has had a smaller bump to 4.14%, which is not far off the best rate available for that time period.

Investec's 1 year fix is also 4.30%, but they don't allow transfers-in which rules them out for anyone looking to do that.

Looking at the Tembo via Investec 1 Yr fix at 4.3% I'm reading it that you can transfer in :
"Each tax year, you can pay in up to your total ISA allowance (currently set

at £20,000 for the 2025/26 tax year). You can transfer funds into a Tembo

Cash ISA - Fixed Rate from another Cash ISA or Stocks and Shares ISA

you have with another provider."
Am I minsinterpreting this? 

refluxer

s71hj said:

refluxer said:

Charter have increased the rates of their 1 and 2 year fixed rate cash ISAs to 4.30% and 4.20% respectively, which makes them the best 1 and 2 year rates currently available.

The 3 year fixed rate has had a smaller bump to 4.14%, which is not far off the best rate available for that time period.

Investec's 1 year fix is also 4.30%, but they don't allow transfers-in which rules them out for anyone looking to do that.

Looking at the Tembo via Investec 1 Yr fix at 4.3% I'm reading it that you can transfer in :
"Each tax year, you can pay in up to your total ISA allowance (currently set

at £20,000 for the 2025/26 tax year). You can transfer funds into a Tembo

Cash ISA - Fixed Rate from another Cash ISA or Stocks and Shares ISA

you have with another provider."
Am I minsinterpreting this? 

Sorry, but I'm not sure what you mean. Why do you want to go to Tembo via Investec... or did you mean you were looking at Tembo vs Investec ?

I don't know anything about Tembo, but you can't transfer funds from another cash ISA into an Investec cash ISA - it's new subscriptions only.

From their Summary Box... "Please note, we don't currently accept ISA transfers in from other providers."

s71hj

refluxer said:

s71hj said:

refluxer said:

Charter have increased the rates of their 1 and 2 year fixed rate cash ISAs to 4.30% and 4.20% respectively, which makes them the best 1 and 2 year rates currently available.

The 3 year fixed rate has had a smaller bump to 4.14%, which is not far off the best rate available for that time period.

Investec's 1 year fix is also 4.30%, but they don't allow transfers-in which rules them out for anyone looking to do that.

Looking at the Tembo via Investec 1 Yr fix at 4.3% I'm reading it that you can transfer in :
"Each tax year, you can pay in up to your total ISA allowance (currently set

at £20,000 for the 2025/26 tax year). You can transfer funds into a Tembo

Cash ISA - Fixed Rate from another Cash ISA or Stocks and Shares ISA

you have with another provider."
Am I minsinterpreting this? 

Sorry, but I'm not sure what you mean. Why do you want to go to Tembo via Investec... or did you mean you were looking at Tembo vs Investec ?

I don't know anything about Tembo, but you can't transfer funds from another cash ISA into an Investec cash ISA - it's new subscriptions only.

From their Summary Box... "Please note, we don't currently accept ISA transfers in from other providers."

"Tembo via Investec" is how it was described in the MSE top ISAs list. When I go in from the link on that page it takes me to the Investec app and in the product key features download it says "Yes, you can transfer money from an existing Cash or Stocks and Shares ISA held with Tembo or

another provider to a Tembo Cash ISA - Fixed Rate. To request a transfer, simply request a transfer via

the Tembo app. Your transfer will then be processed within 15 working days, and once completed, your

money will show in your Tembo Cash ISA - Fixed Rate account."

harz99

@Gambler could you delete your above post please, my comment was erroneous and I've deleted my previous post to avoid giving misinformation, but obviously can't delete your quote of it. TIA. 

refluxer

s71hj said:

refluxer said:

s71hj said:

refluxer said:

Charter have increased the rates of their 1 and 2 year fixed rate cash ISAs to 4.30% and 4.20% respectively, which makes them the best 1 and 2 year rates currently available.

The 3 year fixed rate has had a smaller bump to 4.14%, which is not far off the best rate available for that time period.

Investec's 1 year fix is also 4.30%, but they don't allow transfers-in which rules them out for anyone looking to do that.

Looking at the Tembo via Investec 1 Yr fix at 4.3% I'm reading it that you can transfer in :
"Each tax year, you can pay in up to your total ISA allowance (currently set

at £20,000 for the 2025/26 tax year). You can transfer funds into a Tembo

Cash ISA - Fixed Rate from another Cash ISA or Stocks and Shares ISA

you have with another provider."
Am I minsinterpreting this? 

Sorry, but I'm not sure what you mean. Why do you want to go to Tembo via Investec... or did you mean you were looking at Tembo vs Investec ?

I don't know anything about Tembo, but you can't transfer funds from another cash ISA into an Investec cash ISA - it's new subscriptions only.

From their Summary Box... "Please note, we don't currently accept ISA transfers in from other providers."

"Tembo via Investec" is how it was described in the MSE top ISAs list. When I go in from the link on that page it takes me to the Investec app and in the product key features download it says "Yes, you can transfer money from an existing Cash or Stocks and Shares ISA held with Tembo or

another provider to a Tembo Cash ISA - Fixed Rate. To request a transfer, simply request a transfer via

the Tembo app. Your transfer will then be processed within 15 working days, and once completed, your

money will show in your Tembo Cash ISA - Fixed Rate account."

Ah OK, sorry. If it says that, then yes - it looks like that could be a work-around to not being able to transfer into Investec when going direct. ie. taking out a 1 year fix with Tembo will essentially give you the Investec ISA but with the ability to transfer in.

Despite being 'provided by Investec', it's important to note that it's a Tembo cash ISA you'd be applying for so it'll be Tembo who you deal with, not Investec. Tembo aren't a bank, which is why they're using Investec for this account and it's presumably the Tembo app you'd need to download, not the Investec app.

As Tembo aren't a bank, your money in their cash savings accounts is normally split across multiple banks as far as FSCS protection is concerned, but it's possible (likely ?) that it would count as being with Investec for this particular ISA. While this won't be a problem for the majority, those with large amounts of savings would probably want to check the small print so they know where their FSCS protection lies.

s71hj

refluxer said:

s71hj said:

refluxer said:

s71hj said:

refluxer said:

Charter have increased the rates of their 1 and 2 year fixed rate cash ISAs to 4.30% and 4.20% respectively, which makes them the best 1 and 2 year rates currently available.

The 3 year fixed rate has had a smaller bump to 4.14%, which is not far off the best rate available for that time period.

Investec's 1 year fix is also 4.30%, but they don't allow transfers-in which rules them out for anyone looking to do that.

Looking at the Tembo via Investec 1 Yr fix at 4.3% I'm reading it that you can transfer in :
"Each tax year, you can pay in up to your total ISA allowance (currently set

at £20,000 for the 2025/26 tax year). You can transfer funds into a Tembo

Cash ISA - Fixed Rate from another Cash ISA or Stocks and Shares ISA

you have with another provider."
Am I minsinterpreting this? 

Sorry, but I'm not sure what you mean. Why do you want to go to Tembo via Investec... or did you mean you were looking at Tembo vs Investec ?

I don't know anything about Tembo, but you can't transfer funds from another cash ISA into an Investec cash ISA - it's new subscriptions only.

From their Summary Box... "Please note, we don't currently accept ISA transfers in from other providers."

"Tembo via Investec" is how it was described in the MSE top ISAs list. When I go in from the link on that page it takes me to the Investec app and in the product key features download it says "Yes, you can transfer money from an existing Cash or Stocks and Shares ISA held with Tembo or

another provider to a Tembo Cash ISA - Fixed Rate. To request a transfer, simply request a transfer via

the Tembo app. Your transfer will then be processed within 15 working days, and once completed, your

money will show in your Tembo Cash ISA - Fixed Rate account."

Ah OK, sorry. If it says that, then yes - it looks like that could be a work-around to not being able to transfer into Investec when going direct. ie. taking out a 1 year fix with Tembo will essentially give you the Investec ISA but with the ability to transfer in.

Despite being 'provided by Investec', it's important to note that it's a Tembo cash ISA you'd be applying for so it'll be Tembo who you deal with, not Investec. Tembo aren't a bank, which is why they're using Investec for this account and it's presumably the Tembo app you'd need to download, not the Investec app.

As Tembo aren't a bank, your money in their cash savings accounts is normally split across multiple banks as far as FSCS protection is concerned, but it's possible it would count as being with Investec for this particular ISA. While this won't be a problem for the majority, those with large amounts of savings would probably want to check the small print so they know where their FSCS protection lies.

Useful info. Much appreciated 

s71hj

May be of interest to some on here, Topcashback are offering £25 cashback on the Santander cash ISA range. There is also a £10 Amazon offer associated with seperate terms and conditions. All seem to be non flexible ISAS and min £500.

Gambler

harz99 said:

@Gambler could you delete your above post please, my comment was erroneous and I've deleted my previous post to avoid giving misinformation, but obviously can't delete your quote of it. TIA. 

No problem, all done.