The best ISA rates this week 21.10.21 | moneyfacts.co.uk

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Derin Clark

Derin Clark

Online Reporter
Published: 21/10/2021

Rate increases from West Brom Building Society sees it now top the fixed rate ISA charts, paying the best rate in the five, three and two year charts, as well as the joint-top rate in the one year chart. Savers should be aware, however, that these ISAs are only available to open and manage in branch, so we have highlighted alternative options available to open and manage online, including the one year fixed ISA from Castle Trust Bank, which also pays the top rate in this chart.

Below we’ve highlighted the top rates currently available in our comparison charts, but savers should note that these are the best rates available at 12 on Thursday 21 October 2021 and, although correct at the time of publishing, providers may reduce or withdraw rates at any time. In addition, the rates highlighted are available only to new customers.

The best fixed rate ISA savings rates

Provider Account Term Rate AER  
West Brom Building Society 5 Year Fixed Rate ISA 31.10.26 1.55% Find out more
West Brom Building Society 3 Year Fixed Rate ISA 31.10.24 1.25% Find out more
West Brom Building Society 2 Year Fixed Rate ISA 31.10.23 1.15% Find out more

Castle Trust Bank

West Brom Building Society

Fixed Rate e-Cash ISA
1 Year Fixed Rate ISA

One year

31.10.22

0.90%

0.90%

Find out more

Find out more

 

West Brom Building Society dominates the fixed rate ISA chart this week, topping the five, three and two year fixed rate charts, as well as paying the joint-top rate in the one year fixed ISA chart. Its Five Year Fixed Rate ISA has the best rate overall, paying 1.55% gross yearly, meanwhile its 3 Year Fixed Rate ISA pays 1.25% gross yearly, its 2 Year Fixed Rate ISA pays 1.15% gross yearly and its 1 Year Fixed Rate ISA pays 0.90% gross yearly. All ISAs require a £1,000 minimum deposit to open and allow transfers in. They must be opened and managed in branch.

For savers unable to access a West Brom Building Society branch, UBL UK pays a slightly higher gross rate on maturity on its five year ISA and a competitive gross rate on its three year ISA. Its 5 Year Fixed Rate Cash ISA pays 1.56% gross on maturity, with options paying a lower gross rate of 1.51% on anniversary and 1.50% quarterly or monthly. Its 3 Year Fixed Rate Cash ISA pays 1.22% gross on maturity, as well as versions that pay 1.21% gross on anniversary and 1.20% gross quarterly or monthly. All ISAs require a £2,000 minimum deposit to open and allow transfers in from cash ISAs. These ISAs can be opened online, in branch, by post or via mobile app. They can be managed online, in branch, by post, by phone and via mobile app.

In the two year fixed rate ISA chart, both Castle Trust Bank and Close Brothers Savings pay the second-best rate on ISAs that can be opened online. Castle Trust Bank pays 1.10% gross on maturity or on anniversary on its Fixed Rate e-Cash ISA, which requires a £1,000 minimum deposit to open. This ISA accepts transfers in from cash ISAs and can be opened online via a Self Service Portal and then managed online or via mobile app. Close Brothers Savings pays 1.10% gross on anniversary on its 2 Year Fixed Rate Cash ISA, which requires a £10,000 minimum deposit to open. Transfers in are accepted but transfer instructions must be received within 10 days of account opening. The ISA must be opened online, but can then be managed online, by post and by phone.

Castle Trust Bank also had a chart-topping rate in the one year fixed ISA chart this week, with its Fixed Rate e-Cash ISA paying 0.90% gross on maturity or on anniversary. To open this ISA a £1,000 minimum deposit is needed and it accepts transfers in from cash ISAs. It can be opened online via a Self Service Portal and then managed online and via mobile app.

Compare the best fixed rate ISAs

The best easy access ISA rates

Provider Account Notice Rate AER  
Cynergy Bank Online ISA (Issue 17) None 0.65% Find out more
Leeds Building Society Limited Issue Online Access ISA (Issue 38) None 0.60% Go to provider’s site
Marcus by Goldman Sachs® Cash ISA None 0.60% (includes a 0.10% bonus for 12 months) Go to provider’s site

 

Cynergy Bank continues to pay the best rate in the easy access ISA chart this week with its Online ISA (Issue 17) paying 0.65% gross yearly. This ISA requires a £1 minimum deposit to open and savers need a Cynergy Bank Authenticator App or Digipass to open and manage it. It allows further additions and withdrawals. Transfers in are accepted from cash ISAs on account opening only. The ISA must be opened and managed online.

Both Leeds Building Society and Marcus by Goldman Sachs® have the second-best paying easy access ISAs this week. Leeds Building Society pays 0.60% gross on maturity on its Limited Issue Online Access ISA (Issue 38). To open this ISA a £1,000 minimum deposit is needed. It allows further additions while the issue remains open and withdrawals can be made via a nominated account. The ISA accepts transfers in. It can only be opened and managed online. Savers should be aware that this ISA matures on 30 November 2022, after which it reverts to an Instant Access Cash ISA maturity account.

Marcus by Goldman Sachs® pays 0.60% gross monthly, which includes a 0.10% bonus for 12 months, on its Cash ISA. This ISA does not require a deposit to open, but savers must have a UK mobile number. It allows both further additions and withdrawals via a nominated account. This ISA does not permit transfers in. It can be opened online or via mobile app and then managed online, by phone and via mobile app.

Compare the best easy access ISAs

The best notice ISA rates

Provider Account Notice Rate AER  
Aldermore 30 Day Notice Cash ISA Issue 12 30 days 0.55% Go to provider’s site
Buckinghamshire Building Society 30 Day Cash ISA 30 days 0.30% Find out more

 

This week, Aldermore continues to pay the best notice ISA rate with its 30 Day Notice Cash ISA Issue 12 paying 0.55% gross on anniversary or monthly. A £1,000 minimum deposit is needed to open this ISA. It allows further additions. Withdrawals are permitted subject to 30 days’ notice, alternatively, earlier access is allowed subject to 30 days’ loss of interest. Transfers in are accepted. This ISA must be opened and managed online.

Buckinghamshire Building Society’s 30 Day Cash ISA pays the second-best notice ISA rate, paying 0.30% gross yearly or monthly. This ISA requires a £100 minimum deposit to open and allows further additions. Withdrawals can be made subject to 30 days’ notice or earlier access is permitted subject to 30 days’ loss of interest. This ISA does not accept transfers in. It can be opened and managed in branch or by post.

Compare the best notice ISAs

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