Ford Money increases fixed rate cash ISAs by 0.10% | will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by will always be from Be Scamsmart.


Michael Brown

Content Writer
Published: 03/05/2022

The increase puts its Fixed Cash ISA 2 and Fixed Cash ISA 3 Year on par with the 11th best rate in each respective market.

Ford Money has increased its two and three year fixed rate cash ISAs by 0.10% today. The rate increase means the Fixed Cash ISA 2 Year and the Fixed Cash ISA 3 Year now offer a rate of 1.70% and 1.75% respectively.

“We have taken this action as part of our routine practice of regularly reviewing our product portfolio and positioning within the wider savings market,” Ford Money said in a press release.   

Both offers now match the 10th best rate on each respective market, with the Fixed Cash ISA 2 Year joining Hodge Bank and Secure Trust Bank’s offers.

The Fixed Cash ISA 3 Year, meanwhile, is not short of competition. It now matches five different providers in Coventry BS, Newcastle BS, Secure Trust Bank, and Teacher’s BS.

In the two-year fixed ISA chart, Ford Money is still 0.21% off the top-paying rate on the market from Hampshire Trust Bank.

The three-year fixed ISA chart is also topped by Hampshire Trust Bank, and its 3 Year ISA Bond (Issue 3) is a further 0.30% from Ford Money’s Fixed Cash ISA 3 Year.

While both of Hampshire Trust Bank’s offers require £1 to open its accounts, its interest is only paid on anniversary.

It does, however, allow its savers to compound their interest or have it paid away.

How are the Ford Money deals structured?

As for both of the Ford Money’s deals, savers who opt for either offers can choose to have their interest paid monthly or on anniversary. In addition, there is also the choice to compound this interest or have it paid away.

When it comes to managing this account, transfers in from other ISAs are permitted, unless it is an additional permitted subscription ISA.

Both ISAs also permit easy access, but this will result in a 180-day loss of interest for the Fixed Cash ISA 2 Year and a 270-day loss of interest for the Fixed Cash ISA 3 Year.

Both offers come with a minimum deposit of £500 and can be opened online or via phone.

For a more detailed comparison of these offers, use our easy access charts here. These tables are updated daily to help you make more informed decisions about your money.

A 0.20% rise for its savings bond

In the savings market, Ford Money also increased its Fixed Saver 1 Year to 1.90% today. Unlike its ISA products, this fails to get close to the top 10 on the one year savings market.  

In fact, its rate is currently beaten by 17 other providers and is 0.25% off the best rate on the market.

Like its ISA offers, this savings product can be opened online or via telephone. It can pay interest out on anniversary or monthly while also providing its customers with the choice to compound their interest or have it paid away.

If you want to compare the best offers in this market, you can also use our up-to-date charts.


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. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

Cookies will, like most other websites, place cookies onto your device. This includes tracking cookies.

I accept. Read our Cookie Policy