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Product focus: Cash ISAs

Product focus: Cash ISAs

Category: Savings

Updated: 12/07/2010
First Published: 12/07/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Savers looking for cash ISAs currently have plenty to choose from, with many offering reasonable rates. For those who do not require immediate access to their money, there are a number of cash ISAs available with notice periods ranging from between seven and 120 days. Here is a selection of the best notice cash ISAs currently on offer, all of which accept transfers in.

Newcastle Building Society – Reward Saver ISA

The Reward Saver account pays 2.75pc on its anniversary including a bonus of 1.00pc for twelve months. Savers can invest a minimum of £500, while transfers in are accepted. Advance notice of 120 days is required to withdraw money, although early access is allowed, subject to 120 days loss of interest. Savers have the option to split funds across multiple ISAs within Newcastle's range. The account is available to savers aged 18 and over and can be operated in branch, by post or telephone.

Aldermore – 30 Day Notice Cash ISA Issue 2

This account pays 2.65pc on its anniversary, while a monthly interest option is also available at 2.62pc. Savers can invest a minimum of £1,000, while transfers in are accepted too. Thirty days notice is required to access funds, although early access is allowed subject to 30 days loss of interest. All withdrawals must be made via a nominated account. The account is available to savers aged 18 and over and can be operated by post, telephone and online.

Nationwide Building Society – Champion ISA

The Champion ISA pays 2.57pc including a bonus of 1.35pc until 30 June 2011. The underlying gross rate is guaranteed to be the average of the top five branch based cash ISAs from a selection of key competitors, as selected by Moneyfacts each week. Savers can invest a minimum of £1,000, while transfers in are also allowed. If the balance of the account drops below £1,000, the rate will revert to 0.25pc and the bonus will not be applied. One penalty and notice free withdrawal is allowed each tax year, after which 60 days notice is required. Early access is allowed, subject to 60 days loss of interest. The account is available to savers aged 16 and over and can be operated in branch and online, although applications for the account can only be made in branch.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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