Product focus: Cash ISAs - Savings - News - Moneyfacts


Product focus: Cash ISAs

Product focus: Cash ISAs

Category: Savings

Updated: 26/04/2010
First Published: 26/04/2010

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 It is now over 6 months old so the content may be out of date.

ISA savers looking for a tax free account that allows transfers in may find their options a little limited. However, there is a range of products which allow cash ISA transfers in, offering reasonable rates to savers with varying amounts of money to invest. Here is a selection of the best cash ISA accounts currently available offering a variable rate and allowing transfers in.

Manchester Building Society – Premier ISA Issue 6

This recently launched cash ISA account pays an annual rate 3.01pc including a 0.70pc bonus for fifteen months, if savers can invest a minimum of £1,000. Transfers in are allowed, but 90 days advance notice must be given to access funds; early access is not allowed. The account is available to savers aged 18 and over and can be operated in branch and by post.

Cheltenham & Gloucester – C&G Cash ISA

This cash ISA account pays 2.70pc on its anniversary including a bonus of 1.70pc for twelve months. Savers can make a minimum investment of £1, while funds can be accessed immediately without notice or penalty. The account is available to savers aged 16 and over and can be operated in branch or by post. Postal withdrawals must be made by cheque.

Birmingham Midshires – ISA Extra

The ISA Extra account pays a rate of 2.70pc on its anniversary including a bonus of 1.00pc for fifteen months. Savers must invest a minimum of £500, with interest being paid after one year, then again when the fifteen month bonus period expires. After this, the rate is paid annually. No notice is required to access funds and all withdrawals must be made by cheque. The account can be operated by post only and is open to savers aged 16 and over.

Find the best savings account for you - Compare cash ISAs

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Savings rates plummet to fresh lows yet again

It’s becoming a recurring theme, and unfortunately, it’s showing no signs of stopping. Savings rates have plummeted to fresh lows once again as the impact of the base rate cut continues – and this month, product availability has followed.

Less than half of savings accounts beat inflation

Official figures show that inflation jumped up during September, with CPI rising to 1%. Not only does this mean that consumers may begin to feel the impact on their wallets, but there are now far fewer savings accounts that will beat inflation.

Number of savings accounts falls to record low

As if the continued drop in savings rates wasn’t bad enough, our latest research reveals another blow to already hard-pressed savers, with the number of accounts available having fallen to a record low.