Compare Latest Cash ISA Deals
Best Cash ISAs
Why we like it: If you're a first time buyer, the Nationwide Help to Buy: ISA could really make a difference. It's designed to take advantage of the Help to Buy Scheme, to boost your savings towards a property purchase by 25%.
Disclaimer: If you’re 16 or over you can open an account (provided you meet the Help To Buy eligibility criteria), with an initial deposit of up to £1,200, and then make further contributions of up to £200 per calendar month.
Why we like it: 3 YEAR FIXED RATE CASH ISA DEAL OF THE MONTH: 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: 2 YEAR FIXED RATE CASH ISA DEAL OF THE MONTH: Minimum deposit £500. Transfer in ISAs held elsewhere - no limit. Eligible deposits covered by UK FSCS.
Why we like it: Withdraw cash early if you need to (subject to loss of interest).
Why we like it: 1 YEAR FIXED RATE CASH ISA DEAL OF THE MONTH: 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: Withdraw cash early if you need to (subject to loss of interest).
Why we like it: Minimum deposit £1. Unlimited deposits. Transfer in ISAs held elsewhere - no limit. Eligible deposits covered by UK FSCS.
Why we like it: Withdraw cash early if you need to (subject to loss of interest).
Why we like it: INSTANT ACCESS CASH ISA DEAL OF THE MONTH: Minimum deposit £100. Rate includes 0.85% bonus for 12 months. Transfer in ISAs held elsewhere - no limit. Eligible deposits covered by UK FSCS.
Why we like it: Unlimited withdrawals subject to 30 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 1.25% annual interest.
The Aldermore 2 year fixed rate ISA also offers 1.20% interest and the Aldermore 1 year fixed rate ISA pays 1.00% interest.
If you prefer more access to your cash then the AA Easy Access Cash ISA currently offers 0.96% 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% 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.
