The Moneybox Cash ISA includes a 3.45% AER variable underlying rate and a bonus rate of 1.20% for the first 12 months (bonus only applicable to new ISA deposits. ISA transfers in receive the underlying rate only)
Why we like it
Up to three withdrawals can be made within each 12-month period from the date of opening without affecting the interest rate. Customers can transfer in any ISAs they hold with other providers into a Moneybox Cash ISA, on web and in-app. If more than three withdrawals made within each 12-month period, a lower rate of 0.75% (variable) will be applied for the rest of that 12-month period. The lower interest rate of 0.75% will also apply if the account balance dips below £500, automatically returning to the higher interest rate when the balance returns to £500 or more again. Covered by FSCS
Includes a 2.54% AER variable underlying rate and a bonus rate of 2.06% for 12 months
Why we like it
Transfer in any ISAs you hold with other providers. Interest rates drop if more than three withdrawals per year. Rate when you transfer in your existing ISA - 2.54% AER (variable). Rate for each 12-month period after your first 3 months -2.54% AER (variable). Rate when balance drops below £100 or after your fourth annual withdrawal - 2.54% AER (variable). Covered by FSCS
New deposits between £1 and £20,000. ISA transfers in also allowed. Open and manage online or on mobile banking app. FSCS Protected. After 12 months, your account will switch to an Instant Access Cash ISA and receive the standard variable rate. Withdrawals permitted subject to 90 days lost interest
Ford Money now offer a range of financial products that can help you achieve your savings goals.
Features of the Ford Cash ISA
A Cash ISA with Ford Money allows you to get the most out of your savings by utilising the tax-free benefits of an ISA.
If you choose to open a Cash ISA with Ford Money then you will receive a competitive rate of interest. Find our savings rates table above for the latest interest rate deals.
Ford Money’s Cash ISA has both the advantages of an ISA and some of the flexibility of an instant cash savings account. With Ford Money’s Cash ISA you can withdraw as much as you like from the account, and providing you replace it within the same tax year it will not count towards your annual ISA allowance.
If you wish to open a Cash ISA with Ford Money you only need to make a £1 deposit within the first two weeks. Ford Money require all Cash ISA customers to have at least £1 in their accounts at all times. It is worth noting that the Cash ISA account can have a balance of up to £2m.
Different Ford Cash ISA Deals
Ford Money offer two different Fixed Cash ISA deals.
Ford Money are committed to providing a simple, straightforward and efficient service for their customers. To access Ford Money’s Cash ISA service you can open up an account online in under 10 minutes. Alternatively, you can open an account through Ford Money’s UK-based call centre, which is open 24 hours a day 7 days a week.
