Cash ISAs

Cash ISAs

Compare Cash ISA Opportunities

Instant Access Cash ISAs
Fixed Rate Cash ISAs
Deposit Plan ISAs
Junior Cash ISAs

Compare 2024/25 Cash ISAs

 

Account
Hampshire Trust Bank 1 Year Cash ISA
Interest Rate
4.46%
Gross/AER
Term
1 Year
Minimum Deposit
£1

More info

Account
Aldermore Bank 1 Year Cash ISA
Interest Rate
4.45%
Gross/AER
Term
1 Year
Minimum Deposit
£1,000

More info

Account
Aldermore Bank 2 Year Cash ISA
Interest Rate
4.38%
Gross/AER
Term
2 Years
Minimum Deposit
£1,000

More info

Account
Hampshire Trust Bank 2 Year Cash ISA
Interest Rate
4.25%
Gross/AER
Term
2 Years
Minimum Deposit
£1

More info

Account
Aldermore Bank 3 Year Cash ISA
Interest Rate
4.15%
Gross/AER
Term
3 Years
Minimum Deposit
£1,000

More info

Account
Nationwide 1 Year Triple Access Cash ISA
Interest Rate
Up to 4.00%
Gross/AER
Term
1 Year, with option to make three free withdrawals
Minimum Deposit
£1

More info

Account
Post Office Online 1 Year Fixed Rate Cash ISA
Interest Rate
4.00%
Gross/AER
Term
1 Year
Minimum Deposit
£500

More info

Account
NatWest 1 Year Cash ISA
Interest Rate
4.00%
Gross/AER
Term
1 Year
Minimum Deposit
£1,000

More info

Terms and Conditions: You must be 18 or over and a UK Resident. Currently you can only subscribe to one Cash ISA with NatWest Bank per tax year. You must hold the account solely in your name. NatWest’s FRISA rates are 4.00% AER/Tax-free p.a. (fixed) for 1 year and 3.80% AER/Tax-free p.a. (fixed) for 2 years. Rate available until 5pm on 8th January 2025 for new customers and 13th January 2025 for existing customers. Offer may be withdrawn early due to limited availability. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date. You can withdraw money from your account up to 31st January 2025. 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. 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 with NatWest or Royal Bank of Scotland. Early Closure Charge applies. The Early Closure Charge will be the lower of the amount of interest earned on your account or 90 days’ interest. The Early Closure Charge will be deducted 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.
Account
NatWest 2 Year Cash ISA
Interest Rate
3.80%
Gross/AER
Term
2 Years
Minimum Deposit
£1,000

More info

Terms and Conditions: You must be 18 or over and a UK Resident. Currently you can only subscribe to one Cash ISA with NatWest Bank per tax year. You must hold the account solely in your name. NatWest’s FRISA rates are 4.00% AER/Tax-free p.a. (fixed) for 1 year and 3.80% AER/Tax-free p.a. (fixed) for 2 years. Rate available until 5pm on 8th January 2025 for new customers and 13th January 2025 for existing customers. Offer may be withdrawn early due to limited availability. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date. You can withdraw money from your account up to 31st January 2025. 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. 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 with NatWest or Royal Bank of Scotland. Early Closure Charge applies. The Early Closure Charge will be the lower of the amount of interest earned on your account or 90 days’ interest. The Early Closure Charge will be deducted 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.
Account
Royal Bank of Scotland 1 Year Cash ISA
Interest Rate
4.00%
Gross/AER
Term
1 Year
Minimum Deposit
£1,000

More info

Terms and Conditions: You must be 18 or over and a UK Resident. Currently you can only subscribe to one Cash ISA with Royal Bank of Scotland per tax year. You must hold the account solely in your name. Royal Bank of Scotland’s  FRISA rates are 4.00% AER/Tax-free p.a. (fixed) for 1 year and 3.80% AER/Tax-free p.a. (fixed) for 2 years. Rate available until 5pm on 8th January 2025 for new customers and 13th January 2025 for existing customers. Offer may be withdrawn early due to limited availability. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date. You can withdraw money from your account up to 31st January 2025. 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. 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 with Royal Bank of Scotland or NatWest. 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 deducted 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.
Account
Hampshire Trust Bank 5 Year Cash ISA
Interest Rate
3.75%
Gross/AER
Term
5 Years
Minimum Deposit
£1

More info

Account
Post Office Online 2 Year Fixed Rate Cash ISA
Interest Rate
3.65%
Gross/AER
Term
2 Years
Minimum Deposit
£500

More info

Account
Royal Bank of Scotland 2 Year Cash ISA
Interest Rate
3.80%
Gross/AER
Term
2 Years
Minimum Deposit
£1,000

More info

Terms and Conditions: You must be 18 or over and a UK Resident. Currently you can only subscribe to one Cash ISA with Royal Bank of Scotland per tax year. You must hold the account solely in your name. Royal Bank of Scotland’s FRISA rates are 4.00% AER/Tax-free p.a. (fixed) for 1 year and 3.80% AER/Tax-free p.a. (fixed). Rate available until 5pm on 8th January 2025 for new customers and 13th January 2025 for existing customers. Offer may be withdrawn early due to limited availability. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date. You can withdraw money from your account up to 31st January 2025. 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. 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 with Royal Bank of Scotland or NatWest. 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 deducted 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.
Account
moneybox Cash ISA
Interest Rate
5.17%*
AER
Term
Easy Access
Minimum Deposit
£500

More info

Account
Plum Cash ISA
Interest Rate
4.92%*
AER
Term
Easy Access
Minimum Deposit
£1

More info

Account
Post Office Online Easy Access Cash ISA
Interest Rate
4.10%
Gross/AER
Term
Instant Access
Minimum Deposit
£100

More info

Account
Hampshire Trust Bank Online Easy Access Cash ISA
Interest Rate
4.10%
AER
Term
Instant Access
Minimum Deposit
£1

More info

Account
Aldermore Bank 30 Day Notice Cash ISA
Interest Rate
4.10%
Gross/AER
Term
30 Day Notice
Minimum Deposit
£1,000

More info

Account
Aldermore Bank Easy Access Cash ISA
Interest Rate
4.05%
Gross/AER
Term
Instant Access
Minimum Deposit
£1,000

More info

Account
Nationwide 1 Year Triple Access Cash ISA
Interest Rate
Up to 4.00%
Gross/AER
Term
1 Year, with option to make three free withdrawals
Minimum Deposit
£1

More info

Plan Name

MB UK 4Y 100 Growth Deposit Plan

Potential Return
28.75%
at end of term
Term
4 years
ISA Option

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Deposit Taker: Barclays Bank plc

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the  Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

Plan Name

MB UK 6Y Annual Step Down to 80 Kick Out Deposit Plan Y3

Potential Return
5.51%
per annum
Term
Up to 6 years
ISA Option

More info

Deposit Taker: Barclays Bank plc

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the  Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

Plan Name

Goldman Sachs FTSE 100 Deposit Kick Out Plan

Potential Return
5.75% pa
Term
Up to 6 years
ISA Option

More info

Deposit Taker: Goldman Sachs International Bank

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the  Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

Plan Name

MB UK 4Y Annual Fixed Interest Deposit Plan

Annual Income
4.29%
fixed income per year
Term
4 years
ISA Option

More info

Deposit Taker: Barclays Bank plc

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the  Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

Plan Name

MB UK 4Y Monthly Fixed Interest Deposit Plan

Annual Income
4.23%
fixed income per year, paid monthly
Term
4 years
ISA Option

More info

Deposit Taker: Barclays Bank plc

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the  Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

Plan Name

MB UK 4Y 90 Growth Deposit Plan

Potential Return
24%
at end of term
Term
4 years
ISA Option

More info

Deposit Taker: Barclays Bank plc

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the  Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

Invest From
Any lump sum or £25 per month
Fund Choice
40,000+ UK and global stocks
Features
Low flat fee structure. Regular investing is free.
ISA Transfers

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Pay no account fee for 6 months when you open an ii ISA. No minimum deposit required. Offer ends 31st December. Capital at risk. Terms & trading fees apply. New customers only

Why we like it: An award-winning ISA that gives you complete control. The second largest platform in the UK with the widest choice of investment options in the market including funds, investment trusts, ETF’s and more. Open online in less than 10 minutes. Access to expert independent ideas and analysis. Low cost fees and trading. Capital at risk.
Important information: The value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. Tax treatment depends on individual circumstances and all tax rules may change in the future.
Invest From
£1
Fund Choice
Choose from a range of 36 funds and ETFs and 20 US stocks
Features
Select one of three simple starting options with a range of tracker funds or build your own investment portfolio by customising your investment options
ISA Transfers

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Why we like it: Choose from a range of 36 funds and ETFs and 20 US stocks to invest with Moneybox. Earn 3.5% AER Variable on any uninvested cash you hold. There are additional fees charged directly by the fund provider. Please check the key investor information document (KIID) for a particular fund for more information. Keep things simple and get started with one of our three starting options: Cautious, Balanced or Adventurous – and customise your investments to align with your values. Open with as little as £1. When investing, your capital is at risk
Important information: The value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. Tax treatment depends on individual circumstances and all tax rules may change in the future.
Invest From
£25 per month or £1.50 per deal
Fund Choice
Over 2,000 funds, shares and more across 25 markets
Features
Manage your investments by providing a wealth of investment tools, videos, research and for customers with more than £4,000 in their account free access to Shares magazine.
ISA Transfers

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SPECIAL OFFER: Win one of ten £1,000 John Lewis vouchers when you open and deposit £1,000 into an AJ Bell SIPP, Stocks and Shares ISA or Stocks and Shares LISA account before 30th April 2024. T&C’s apply

Why we like it: Invest in over 2,000 funds, shares and more across 25 markets. Invest from £25 per month. Which? Recommended Provider for Investment Platforms 2019–2023. Low-cost online dealing from £1.50.  Open your account in minutes from app or website, manage your portfolio on the move. FSCS protected. Capital at risk
Important information: The value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. Tax treatment depends on individual circumstances and all tax rules may change in the future.
Invest From
£25 per month or £100 single
Fund Choice
2,500+ funds
Features
Do-it-yourself or Ready-made-portfolios.
ISA Transfers

More info

Why we like it: Hargreaves Lansdown are the UK’s no. 1 investment platform for private investors – kickstart your investing with their award-winning ISA. Choose your own investments with expert research and ideas to help you, or simply pick a ready-made portfolio. Manage via website, app or phone. Capital at risk.
Important information: The value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. Tax treatment depends on individual circumstances and all tax rules may change in the future.

A Cash ISA works in the same way as an ordinary savings account with a bank or building society – except that you don’t pay tax on the interest you earn.

Earnings on ISAs are a trade-off between the better returns on Investment (Stocks and Shares) ISAs, and the lower-earning but more secure Cash ISAs, which are held securely with banks and building societies.

What makes Cash ISAs still attractive when your Personal Savings Allowance (PSA) already lets you earn £1,000 in interest tax-free?

If you’re a basic-rate taxpayer you would need to have £67,000 in the currently top-paying easy-access savings account before you’re in danger of earning more than your annual tax-free allowance in interest.

When might a Cash ISA be worthwhile?

  • If security is your top priority. If the bank or building society that holds your ISA is authorised by the Financial Conduct Authority (FCA) the Financial Service Compensation Scheme (FCS) protects you for up £85,000 per lender.
  • A top easy-access Cash ISA may pay more than the top easy-access savings account available. Shop around, and even if there’s no tax gain, go with the higher ISA rate.
  • If you are a big saver, a Cash ISA is a winner: basic-rate taxpayers who are over their PSA will only earn £80 on every extra £100 they earn in interest outside of an ISA.
  • And higher-rate taxpayers who are over their PSA will only get £60 of every £100 in extra interest earned outside of an ISA.
  • If interest rates don’t stay as low as they currently are, the amount you’re earning on your savings and investments each year could start to add up. In which case it will prove useful to have your savings from earlier years already locked away in a tax-protected ISA.
  • You can transfer savings from a lower-earning type of ISA into a higher-earning product at a later date, without losing your tax benefits (just check there aren’t any penalties).

What kind of Cash ISA suits you?

Paying in regularly

The earlier in the tax year you start paying into an ISA, the more interest you will earn.

  • If you like the security of a Cash ISA, and it suits your budgeting to make regular savings every month to build up a bigger nest egg, you need a Regular Savings Cash ISA.

Check to see whether this type of ISA provider will charge a penalty if you want to withdraw any of your savings again.

Having access to your cash just in case
  • If there’s a chance you may need to access some of those savings before year-end you need an Instant Access Cash ISA.
  • And some providers of Flexible Cash ISAs let you replace that cash again later in the year without counting again as part of your total £20,000 annual paying-in limit.
Locking your savings away

If you’re happy to lock your savings up for a while, you can trade off flexibility for higher interest rates.

  • Fixed Rate Cash ISAs pay a higher interest rate, but lock your money away for longer (usually one to five years). There’s usually a penalty for early withdrawal.

Can you have more than one Cash ISA?

You can have multiple ISAs but open only one cash ISA in each tax year.

Tax FREE Investing Using An ISA