Help To Buy ISA reached its Gov payout limit

SteelSeries

Hi,
I recently reached the £12,000 savings limit in my HTB ISA, so I'm now at the maximum Gov payout limit of 25% (up to £3,000). The Halifax ISA still pays 1.7% interest, which I've been paying £200 into monthly, but I'm wondering if there's anything else I can do rather than continue saving into that account that might either be better for my money or maybe another gov scheme or something I can take advantage of.
1.7% is still the highest paying account I have, but the interest is paid yearly not monthly.
Many thanks 

masonic

If you are still getting 1.7% on your Halifax HTB ISA then that isn't going to be beaten by any other account with as favourable terms. There are a few higher paying Regular Saver accounts, but these require a separate current account to be opened and only last for 12 months.

eskbanker

SteelSeries said:

1.7% is still the highest paying account I have, but the interest is paid yearly not monthly.

Why would that be an issue?

SteelSeries

masonic said:

If you are still getting 1.7% on your Halifax HTB ISA then that isn't going to be beaten by any other account with as favourable terms. There are a few higher paying Regular Saver accounts, but these require a separate current account to be opened and only last for 12 months.

Thank you Masonic. I guess keep paying into that then for now in absence of any better options.

cooldude255220

SteelSeries said:

Thank you Masonic. I guess keep paying into that then for now in absence of any better options.

You could consider a Lifetime ISA but, as you can only save £4,000/tax year, you would be a few years away from breaking even, before you got any additional benefit from it.