Top-Notch Cash ISAs: Our Picks for Fixed-Rate and Easy-Access Accounts
Let's talk money: Top cash ISAs you don't want to miss out on - no bullshit here
Your wallet will thank you for checking out these top-tier cash ISAs we've handpicked just for you. Here they are:
Best for true easy-access cash ISA
- CMC Invest: Kick things off with a minimum deposit of a mere £1. No worries about limited withdrawals, and flexibility to replace funds within the same tax year without affecting your allowance. Check 'em out here.
This bad boy stands out as the best cash ISA if you'relooking for an easy-access account without penalties for withdrawalsand a stellar underlying rate. New customers can score a 0.85% bonus rate for 3 months, dropping to 4.85% after that.
- Trading 212: Up next is Trading 212, which offers a near-perfect cash ISA for easy access savings. Open your account with £1, and enjoy high underlying rates, with no withdrawal restrictions. You can access your money as often as you'd like without penalty!
New customers on Trading 212 can enjoy a 0.76% bonus rate for 3 months, bringing the total rate up to a sizzling 4.86%. Existing customers can still enjoy 4.35%, making it a strong competitor for those tiered of low returns.
A one-year fix that'll make your cash work harder
- United Trust Bank: Looking for a bit more security? Check out this one-year fixed cash ISA from United Trust Bank. A minimum deposit of £5,000 gets you started on the path to a 4.27% interest rate. Manage your account easily through United Trust Bank's website or various communication channels.
Two-year fix to maximize returns
- Secure Trust Bank: Lock in your money for two years with Secure Trust Bank, offering a top two-year fix with a 4.17% interest rate. Setting it up online is straightforward; just make sure to have a minimum deposit of £1,000 ready.
Top lifetime ISA for first-timers and retirees alike
- Plum: If you're between 18-39 and saving for your first home or retirement, Plum's lifetime ISA is the one for you. Save up to £4,000 annually, earn a 25% government bonus, and enjoy a competitive 4.75% underlying interest rate. The account is available exclusively through the app.
How we picked our favorites
You want the best, and we've got the best. Our team of specialist journalists at This is Money reviewed various cash ISA options, taking into account factors like the underlying rate, deposit requirements, and accessibility via digital platforms.
Curious about more ways to save, grow your wealth, or manage your energy bills costs, and even score a discount on your MOT? Follow the links in the article to learn more. Keep in mind that while we do earn an affiliate commission if you opt to open an account using our links, it doesn't sway our independent recommendations.
Happy saving!
Sources:
[1] - Moneyfacts
[2] - Bank of Ireland
[3] - Money Hub
[4] - This is Money
- For easy access to savings without penalty for withdrawals, consider investing in CMC Invest's cash ISA, offering a competitive 4.85% interest rate, ideal for personal-finance management.
- Trading 212 presents another option for easy-access cash ISA savings, providing a 4.86% interest rate, perfect for individuals seeking high returns in their business or personal-finance ventures.
- Aiming for higher returns and a stable investment? Secure Trust Bank's two-year fixed cash ISA offers a 4.17% interest rate, an attractive choice for those looking to grow their finance or personal-finance savings.
