This comparison simply includes all savings accounts.
Instant Access ISAs
Why we like it: Includes a bonus of 0.88% AER (variable) if account held for 12 months. Transfer in any ISAs you hold with other providers. Interest rates drop if more than three withdrawals per year. Covered by FSCS. Rate when you transfer in your existing ISA - 4.29% AER (variable). Rate for each 12-month period after your first 12 months - 4.29% AER (variable). Rate when balance drops below £100 or after your fourth annual withdrawal - 3.00% AER (variable). Must be UK resident and be aged 18 or older
Why we like it: *The Moneybox Cash ISA includes a 4.25% AER variable underlying rate and a bonus rate of 0.91% for the first 12 months. Up to three withdrawals can be made within each 12-month period from the date of opening without affecting the interest rate. Transfer in any ISAs you hold with other providers into a Moneybox Cash ISA, entirely in-app. Covered by FSCS. 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. Must be UK resident and be aged 18 or older
Why we like it: Interest paid annually. Unlimited deposits and withdrawals. ISA transfers also allowed in. Open and manage online. FSCS Protected. Must be UK resident and be aged 18 or older
Why we like it: Terms and Conditions: You must be 16 or over and a UK resident. You must not have subscribed to another cash ISA in the same tax year. Sole accounts only. Rate available until 2nd May 2024 for new customers and 7th May 2024 for existing customers. Offer may be withdrawn early due to limited availability. Interest is calculated daily and paid annually to our ISA on the first business day in April and on the Maturity Payment Date. You can withdraw money from your account prior to the Start Date of the account. If you want to make a withdrawal after this time and before the Maturity Date, you must close your account by giving written notice in branch or via telephone. ISA subscription limits apply. If you make a payment into your Fixed Rate ISA you will not be able to make any further payments for that tax year into any other Cash ISA other than a NatWest Help to Buy: ISA. Early Closure Charge applies. The Early Closure Charge will be the lower of the amount of interest earned on your account of 90 day’s interest. The Early Closure Charge will be decided from the balance of your Fixed Rate ISA. The interest payable on the money held in your account is tax-free. The tax treatment may be subject to change in the future and depends on your individual circumstances.
Why we like it: Interest paid annually. ISA transfers also allowed in. Open online, in branch or by post. FSCS Protected. Must be UK resident and be aged 18 or older. Withdrawals permitted subject to 90 days lost interest
Why we like it: Unlimited deposits and withdrawals. ISA transfers in allowed. FSCS Protected. Must be UK resident and aged 16 or older. Withdrawals subject to 30 days notice
Why we like it: Interest paid at maturity. ISA transfers also allowed in. Tax free interest. FSCS Protected. Must be UK resident and be aged 16 or older. No withdrawals permitted. Closure permitted with 60 days' loss of interest
Why we like it: Interest can be paid monthly or annually. Flexible ISA - you can replace any cash you withdraw from your ISA within the same tax year without it counting towards your annual ISA allowance. Unlimited deposits and withdrawals. ISA transfers in allowed. FSCS Protected. Must be UK resident and aged 16 or older
Why we like it: Interest paid annually. ISA transfers also allowed in. Open online, in branch or by post. FSCS Protected. Must be UK resident and be aged 18 or older. Withdrawals permitted subject to 180 days lost interest
Why we like it: Unlimited deposits and withdrawals. ISA transfers in allowed. FSCS Protected. Must be UK resident and aged 18 or older
Why we like it: ISA transfers in allowed. FSCS Protected. Must be UK resident and aged 16 or older. Withdraw cash early if you need to (subject to loss of interest)
Why we like it: Terms and Conditions: You must be 16 or over and a UK resident. You must not have subscribed to another cash ISA in the same tax year. Sole accounts only. Rate available until 2nd May 2024 for new customers and 7th May 2024 for existing customers. Offer may be withdrawn early due to limited availability. Interest is calculated daily and paid annually to our ISA on the first business day in April and on the Maturity Payment Date. You can withdraw money from your account prior to the Start Date of the account. If you want to make a withdrawal after this time and before the Maturity Date, you must close your account by giving written notice in branch or via telephone. ISA subscription limits apply. If you make a payment into your Fixed Rate ISA you will not be able to make any further payments for that tax year into any other Cash ISA other than a NatWest Help to Buy: ISA. Early Closure Charge applies. The Early Closure Charge will be the lower of the amount of interest earned on your account of 90 day’s interest. The Early Closure Charge will be decided from the balance of your Fixed Rate ISA. The interest payable on the money held in your account is tax-free. The tax treatment may be subject to change in the future and depends on your individual circumstances.
Instant Access ISA
If you wish to access a fixed interest rate without necessarily tying up your money for a set period of time, you may want to open an Instant Access ISA.
An Instant Access ISA is an account that you can use to put your savings in and make your savings work harder for you.
An Instant Access ISA account has both the advantages of an ISA and some of the flexibility of an instant cash savings account.
If choose to open an Instant Access ISA, you will be able to 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.
The ability to access your savings whilst enjoying competitive interest may help you to achieve your savings goals. Find our savings rates table above for the latest interest rate deals.
Features of an Instant Access ISA
You may benefit from opening an Instant Access ISA:
- No income tax – unlike other financial products the interest you earn in your ISA is not subject to tax
- Easy access – If you wish to open an Instant Access ISA, as opposed to a fixed rate cash ISA, you will benefit from competitive interest as well as easy access to your money, should you need it
- No need to declare – you are not obliged to declare your cash ISA or any interest you get from your ISA on your tax return
- Straightforward transfers – you have the option to transfer your cash ISA to another provider if you find a better interest rate