The best cash ISA rates this week

The best easy access cash ISA rates

The leading easy access ISA rate continues to come from Moneybox, even though the provider cut rates last week. Its Moneybox Cash ISA now pays 5.46% AER monthly, but savers should note that this headline rate includes a sizeable 1.51% AER bonus for three months. The rate will drop to 3.95% AER after this point, so it may be worth reviewing rates once the bonus ends to ensure you’re still getting a competitive return. It’s also important to bear in mind that the rate will plummet to 0.75% AER if savers make more than three withdrawals from this ISA within a 12-month period. Savers can open this account, which is available online or via the Moneybox mobile app, with an opening deposit of £500. However, before opening, it’s worth checking the provider’s partner banks to find out whether your money will be covered by the Financial Services Compensation Scheme (FSCS).

Plum also lowered rates this week, with its Plum Cash ISA now paying 4.85% AER monthly, including a hefty 1.56% AER bonus for the first 12 months. While savers can open this account with a deposit of just £1, a balance of £100 or more is needed to receive this bonus rate. Furthermore, if savers make more than three withdrawals from their account per year, they will lose the bonus and the rate will drop to 3.29% AER. It’s worth noting that anyone wanting to transfer in from another ISA won’t be eligible for the bonus and will also receive the underlying rate of 3.29% AER. This ISA can be opened and managed via mobile app.

As with the previous two providers, Chip cut rates on its Chip Cash ISA this week to 4.82% AER (including a 0.76% AER bonus for 12 months). To receive the advertised interest rate, savers need to input the promo code JUNEBOOST within 14 days of downloading the Chip mobile app and deposit £1 or more within the next 30 calendar days. Unlike Moneybox and Plum, there are no penalties for withdrawing from the account and, because the Chip Cash ISA follows flexible ISA rules, savers can deposit funds they’ve previously withdrawn without impacting their ISA allowance. Interest on this app-only account is paid monthly.

The best fixed cash ISA rates

After United Trust Bank cut rates across its range of fixed ISAs, Virgin Money now stands alone in offering the leading one-year fixed ISA rate of 4.27% AER. Its 1 Year Fixed Rate Cash E-ISA Issue 668 pays this rate monthly or yearly until 24 June 2026 on a minimum deposit of just £1. While savers can continue to add to this online-only ISA for 30 days after opening, a 60-day loss of interest penalty will apply if they access their money before the end of the term.

Four providers continue to top our two-year fixed ISA chart at 4.17% AER. Aldermore’s online-only 2 Year Fixed Rate Cash ISA pays this rate monthly or yearly on a minimum deposit of £1,000. Savers can then choose to add to their account for a further 14 days, with any ISA transfer forms also needing to be completed within this period. Note that access to funds before the end of the two-year term will incur a 180-day loss of interest.

The Fixed Rate e-Cash ISA from Castle Trust Bank pays the same rate on maturity on deposits of £1,000 or more. Savers can open this ISA online or by phone and subsequently manage it online or via mobile app. The account permits further contributions for 14 days after opening, and it’s worth mentioning that Castle Trust Bank will plant a tree when an account is open and funded within this window. If savers want to withdraw from their account before the end of the term, they will need to close their account and incur a 180 days’ loss of interest penalty.

Also paying 4.17% AER is Cynergy Bank’s Fixed Rate Cash ISA. Savers can open this two-year ISA online with a minimum of £500 and subsequently manage it online, by phone or by post. However, savers can only make any further deposits after opening into the provider’s Variable Rate Cash ISA. The two-year ISA, which pays interest on anniversary, allows savers to access their money before the end of the term, but only on account closure and with a 180-day loss of interest penalty.

Finally, Secure Trust Bank’s 2 Year Fixed Rate Cash ISA (24.Jun.27) pays 4.17% AER yearly until 24 June 2027. Savers can open this account online by depositing £1,000 or more and have the option to add to their savings for 30 further days via a nominated account. However, earlier access to funds is only permitted on account closure, subject to a 180-day loss of interest. This account is available online and, if savers prefer, they can also manage it via mobile app or by phone.

For a longer term, UBL UK continues to offer the market-leading three- and five-year fixed ISAs at 4.17% AER. However, this week it is joined by Close Brothers Savings after the provider raised rates on its 3 and 5 Year Fixed Rate Cash ISAs.

The accounts from Close Brothers Savings pay 4.17% AER yearly on a sizeable minimum deposit of £10,000. Savers can open an account online and have the option to add to their savings and complete any transfer instructions for 10 days after opening. They can subsequently manage their account online, by phone or by post and, if they want to access their money early, this is permitted on account closure, subject to a 270-day (three-year) or 365-day (five-year) loss of interest.

Alternatively, UBL UK’s 3 and 5 Year Fixed Rate Cash ISAs pay 4.17% AER on a smaller minimum deposit of £2,000. However, unlike Close Brothers Savings, the provider doesn’t permit any further deposits into the account after opening so savers should think carefully about how much they put into the ISA. These ISAs are available online, via mobile app, in branch and by post, with the additional option to manage them by phone. Interest can be paid monthly, quarterly, on anniversary or on maturity, depending on the saver’s preferences. While UBL UK allows earlier access to funds, this will be subject to account closure and a 270 days’ (three-year) or 365 days’ (five-year) loss of interest penalty.

The best notice cash ISA rates

Harpenden BS continues to lead our up to 30-day notice ISA chart with its Online 14 Days' Notice ISA Account (Issue 1) paying 4.24% AER yearly. Available online, this ISA requires a minimum opening deposit of £1,000 and allows further deposits without restriction. However, savers will need to wait the full 14-day notice period to withdraw their money as earlier access isn’t permitted. Note that withdrawals can only be made via a nominated account.

Savers can access a higher rate of 4.35% AER in exchange for a longer notice period of 60 days. West Brom BS's 60 Day Notice ISA (Issue 1) continues to pay the leading rate on up to 60-day notice ISAs of 4.35% AER monthly or yearly. This online-only account allows further deposits without restriction and, if savers want to access their money before the end of the 60-day notice period, West Brom BS permits this, subject to a 60-day loss of interest.

Bear in mind that the leading easy access cash ISAs continue to pay higher rates of interest than these top notice ISAs.