Compare Latest Cash ISA Deals
Best Cash ISAs
Why we like it: MARKET LEADING RATE – Looking for the best cash ISA rates? Open a 3 Year Fixed Rate Cash ISA with Aldermore Bank to get a great return. Withdraw cash early if you need to (subject to loss of interest).
Why we like it: Open a 2 Year Fixed Rate Cash ISA with Aldermore Bank to get a great return. Withdraw cash early if you need to (subject to loss of interest).
Why we like it: Open a 1 Year Fixed Rate Cash ISA with Aldermore Bank to get a great return. Withdraw cash early if you need to (subject to loss of interest).
Why we like it: Tax free ISA account. Open with £1 or transfer in existing ISA funds. Invest up to £20,000 per tax year. Interest can be paid into account, alternative Nationwide savings or current account, or an external current account. Must be UK resident and aged 16 or older. Headline interest rate applicable if no more than 1 withdrawal per account year, fFor 2 or more withdrawals the interest rate drops to 0.50% AER. FSCS Protected
Why we like it: Unlimited withdrawals subject to 30 days notice.
Why we like it: Instant ISA Saver is designed for those that want the convenience of a tax-free cash ISA with instant access. Earn 0.50% AER (variable) on balances between £1 and £9,999, 0.55% AER (variable) on balances between £10,000 and £49,999, and 0.65% (variable) AER on balanced over £50,000
Why we like it: Open with £1. Earn 0.50% AER (variable) on balances above £100,000, 0.25% AER (variable) on balances between £50,000 and £99,999, 0.05% AER (variable) on balances between £25,000 and £49,999, and 0.01% (variable) AER on balanced between £1 and £24,999.
Finding the best cash ISAs
Latest Cash ISA Deals
If you are happy tying up cash then you could consider the Aldermore 3 year fixed rate ISA currently offering one of the best fixed deals paying 2.00% annual interest.
The Aldermore 2 year fixed rate ISA also offers 1.85% interest and the Aldermore 1 year fixed rate ISA pays 1.65% interest.
If you prefer more access to your cash then the Ford Money Easy Access Cash ISA currently offers 1.17% interest.
Saving for a deposit to buy a house?
If you are a first time buyer saving for a deposit to put down on a new home, then you should consider the Nationwide Help To Buy ISA which pays 2.5% annual interest. This is designed to help you take advantage of the government's Help to Buy scheme.
Benefits of a cash ISA
There are several key benefits to a cash ISA:
- No income tax - you don't pay tax on any interest you earn from the cash in your ISA
- Easy access - if you choose an instant access cash ISA (rather than a fixed-rate cash ISA) it's a convenient way to save at a good interest rate while retaining fast and easy access to your money, should you need it
- No need to declare - you don't need to declare your cash ISA on your tax return
- Straightforward transfers - you can transfer your cash ISA to a different provider to get a better rate of interest.
