Last updated: 29 April 2025 at 13:00
Top easy access ISA rates remain buoyant – but for how much longer?
Market-leading easy access ISA rates remain buoyant this week, despite the next Bank of England Monetary Policy Committee (MPC) meeting looming on the horizon (8 May).
The MPC is responsible for setting the UK’s central interest rate (base rate) which, in turn, can affect how much interest banks and building societies are willing to pay their customers.
Read more: What is the Bank of England base rate and what does it mean for your money?
With UK inflation easing more than anticipated to 2.6% in March and global economic turmoil at risk of stunting growth, there are expectations for the MPC to lower the base rate when it meets in just over a week’s time. Indeed, in a press conference last week, the International Monetary Fund (IMF) predicted three more cuts to the UK’s central interest rate could take place this year.
However, as has been seen in the past, base rate reductions can cause returns on variable savings products to tumble. If further cuts are on the cards, savers may want to consider making the most of competitive variable rates while they remain available or consider securing a guaranteed rate with a fixed ISA.
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.
