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: Minimum deposit £500. Transfer in ISAs held elsewhere - no limit. Eligible deposits covered by UK FSCS.
Why we like it: Minimum deposit £500. Transfer in ISAs held elsewhere - no limit. Eligible deposits covered by UK FSCS.
Why we like it: Minimum deposit £500. Transfer in ISAs held elsewhere - no limit. Eligible deposits covered by UK FSCS.
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 0.30% AER (variable) on balances between £1 and £9,999, 0.40% AER (variable) on balances between £10,000 and £49,999, and 0.50% (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.
Why we like it: Unlimited withdrawals subject to 35 days notice.
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.
