Last updated: 13 May 2025 at 12:30
Many providers quick to lower ISA rates after latest base rate cut.
The Bank of England’s Monetary Policy Committee (MPC) narrowly voted to lower the base rate to 4.25% AER at its most recent meeting on 8 May.
Unsurprisingly, this has had a significant impact on ISA rates as many providers lowered rates in the wake of this reduction.
Read more: Base rate cut to 4.25% following global tariff turmoil
Even though Moneybox’s leading easy access ISA rate remains the same, rates have dropped behind this top account. Similarly, many of the leading fixed ISA rates have fallen over the past week by 0.10 percentage points or more.
With rates expected to continue on this downwards trajectory, savers wanting to secure a competitive, tax-free return on their money shouldn’t delay. There are still many competitive, inflation-beating accounts available, but there’s no guarantee how long the top accounts will remain on the market before providers make cuts or withdraw products.
Below, you can find out more about accounts offering some of the best easy access, fixed and notice cash ISA rates on the market. These products can all be accessed by new customers with minimum deposits of up to £10,000. Keep in mind higher rates may be available to existing customers or those with a larger initial deposit.
For a more detailed overview of the cash ISA market, visit our charts; alternatively, to find out more about these tax-free savings accounts, view our ISA guides.
