The Best ISA Rates This Week 25 02 21 | moneyfacts co uk moneyfacts.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyfacts.co.uk Daily Mail and Mail on Sunday newspapers.
60 days
Marsden Building Society’s Branch Cash ISA 95 (Issue 2) continued to top the ISA notice chart this week, paying 0.55% gross yearly on deposits of £5,000. A higher rate of 0.65% is paid on deposits of £25,000, and a lower rate of 0.45% is paid on deposits of £1,000. Further additions are allowed. Withdrawals can be made subject to 95 days’ notice, or if notice is not given, earlier access is allowed on closure only on 95 days’ loss of interest. Transfers in from cash ISAs are accepted. This ISA must be opened and managed in branch.
Aldermore had the second-best notice ISA rate this week with its 30 Day Notice Cash ISA Issue 11 paying 0.40% gross on anniversary or monthly on a £1,000 minimum opening deposit. This ISA permits further additions. Withdrawals are allowed subject to 30 days’ notice, or if notice is not given, earlier access is permitted on 30 days’ loss of interest. Transfers in are accepted. It can only be opened and managed online.
New to the top of the fixed rate ISA chart this week was Gatehouse Bank, which pays an expected profit rate of 1.30% gross on anniversary on its 5 Year Fixed Term Cash ISA. Gatehouse Bank also topped the three and two year fixed ISA charts this week, paying an expected profit rate of 0.90% gross on anniversary on its 3 Year Fixed Term Cash ISA and an expected profit rate of 0.80% gross on anniversary on its 2 Year Fixed Term Cash ISA. All these ISAs require a £1,000 minimum deposit to open. Transfers in are accepted. These ISAs can only be opened and managed online.
12 month bond
Topping the fixed rate ISA chart this week was Shawbrook Bank, which pays 1.25% gross on anniversary on its 7 Year Fixed Rate Cash ISA Bond Issue 3. This ISA requires a £1,000 minimum deposit to open and accepts transfers in. It must be opened online but can be managed online and by phone. There is also a version of this ISA that pays interest monthly at a slightly lower gross rate.
UBL UK topped the five year fixed rate ISA chart this week with its 5 Year Fixed Rate Cash ISA paying 1.18% gross on maturity, as well as versions of this ISA that pay 1.15% gross on anniversary or quarterly and 1.14% gross monthly. All versions require a £2,000 minimum deposit to open. They accept transfers in from cash ISAs. This ISA can be opened via branch or by post but must then be managed by post.
12-months
This week, Shawbrook Bank continued to top the fixed rate ISA chart with its 7 Year Fixed Rate Cash ISA Bond Issue 3 paying 1.25% gross on anniversary. This ISA requires a £1,000 minimum deposit to open and accepts transfers in. It must be opened online but can be managed online and by phone. There is a version of this ISA that pays interest monthly at a slightly lower gross rate of 1.24%.
The top five year fixed ISA rate this week came from UBL UK, which pays 1.18% gross on maturity on its 5 Year Fixed Rate Cash ISA. There are versions of this ISA that pay 1.15% gross on anniversary or quarterly, and 1.14% gross monthly. All versions require a £2,000 minimum deposit to open. They accept transfers in from cash ISAs. These ISAs can be opened in branch or by post, but they must then be managed by post.