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Best instant access ISAs?

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Given that most of the top paying ISAs have recently closed to new investors, or had their interest rate reduced, what are the best buys now?

Yorkshire Building Society e-ISA: 5.2%
transfers in not allowed. Some sites seem to mention a transfer charge but I can't find one in their T&C

Kent Reliance: 5.11%
Partial transfers out not allowed. Do they accept transfers in? they have been known not to in the past.

National Counties: 5.10%
Not Stakeholder standard - although I can't see how it doesn't meet the Stakeholder terms

Then a whole host of ISAs at 5%.

Before anyone mentions it, yes I know about the First Direct e-ISA, but I don't see its worth mentioning with the bonus interest rate being reduced in 4 months.

Is any of this wrong? Anyone know of any more paying more than 5%?
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Comments

  • alared
    alared Posts: 4,029 Forumite
    LTSB pay up to 5.15% depending on how much is in the account.
    They have always been pretty consistant moreorless following what the BoE has done.
  • MJSW
    MJSW Posts: 171 Forumite
    Halifax Direct ISA Saver (phone operated account): 5.15%.
  • Kazza242
    Kazza242 Posts: 2,198 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Teachers Building Society's mini cash ISA pays 5.15%.

    Melton Mowbray Building Society pays 5.07%.

    Safeway's ISA account pays 5.05%.
    Please call me 'Kazza'.
  • steady__eddie
    steady__eddie Posts: 1,455 Forumite
    Part of the Furniture Combo Breaker Uniform Washer
    Kent Reliance accepted my transfer in last July. I found that the downside was however that they do not pay the interest to a nominated a/c. If you want the interest, you have to request it by letter. Good if you are not prone to comfort spending.
  • jimclark1967
    jimclark1967 Posts: 499 Forumite
    Kent Reliance accepted my transfer in last July. I found that the downside was however that they do not pay the interest to a nominated a/c. If you want the interest, you have to request it by letter. Good if you are not prone to comfort spending.
    Isn't it normally better for the interest to stay in the tax-free ISA wrapper anyway?

    Certainly true what you say about comfort spending :cool:
  • cjn_2
    cjn_2 Posts: 25 Forumite
    HSBC pay 5.25%, although only on balances above 15k. Below that rates are fairly low.
  • muddyfox470
    muddyfox470 Posts: 589 Forumite
    Part of the Furniture Combo Breaker
    National Counties Building Society currently has a Guaranteed ISA which is paying 5.5% and is guaranteed to be at that rate until 6th April IIRC, but will also always be 0.5% above BoE base rate.

    Have a l00k on https://www.moneyfacts.co.uk it is currently their best buy, and has eben featured in many papers. It is instant access and can be controlled via Chaps payments etc.

    Have a look at their website https://www.ncbs.co.uk for more info.

    Hope that helps

    Ian
    Student Moneysaving Expert :beer:
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It is instant access and can be controlled via Chaps payments etc.
    Isn't "Chaps" an expensive way of moving money around though?
  • Kazza242
    Kazza242 Posts: 2,198 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    National Counties Building Society currently has a Guaranteed ISA which is paying 5.5% and is guaranteed to be at that rate until 6th April IIRC, but will also always be 0.5% above BoE base rate.

    Have a l00k on https://www.moneyfacts.co.uk it is currently their best buy, and has eben featured in many papers. It is instant access and can be controlled via Chaps payments etc.

    Have a look at their website https://www.ncbs.co.uk for more info.
    Ian

    There are penalties though, should you wish to transfer out of this ISA. A charge equivalent to 10 days' interest at the prevailing rate will be applied to the account. I think that's why many people didn't go for this cash ISA offering.
    Please call me 'Kazza'.
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Kazza242 wrote:
    There are penalties though, should you wish to transfer out of this ISA. A charge equivalent to 10 days' interest at the prevailing rate will be applied to the account. I think that's why many people didn't go for this cash ISA offering.
    That's rich considering the inevitable lost days interest when transferring to a different ISA anyway. On the other hand you can work it out as just 0.151%. [Maybe you could ask them to put a first class stamp on the envelope and wait until Monday morning to post the cheque!]
    .....under construction.... COVID is a [discontinued] scam
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