The best ISA Rates This Week 30 09 21 | moneyfacts.co.uk

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Derin Clark

Derin Clark

Online Reporter
Published: 30/09/2021

This week, Castle Trust Bank launched new one and two year fixed rate ISAs, both of which now top their respective charts. Also, Marcus by Goldman Sachs® increased the rate on its easy access ISA yesterday, which now offers the joint-top rate in the easy access ISA chart. Further down the charts, Saffron Building Society increased the rate on its one and two year fixed ISAs this week.

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 1pm on Thursday 30 September 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  
UBL UK 5 Year Fixed Rate Cash ISA Five years 1.51% Find out more
UBL UK 3 Year Fixed Rate Cash ISA Three years 1.21% Find out more
Close Brothers Savings
Castle Trust Bank
2 Year Fixed Rate Cash ISA
Fixed Rate e-Cash ISA

Two years

Two years

1.10%

1.10%

Go to provider’s site
Find out more
Castle Trust Bank Fixed Rate e-Cash ISA One year 0.90% Find out more

 

The top rate in the fixed rate ISA chart this week came from UBL UK which pays 1.56% gross on maturity on its 5 Year Fixed Rate Cash ISA. There are also versions that pay 1.51% gross on anniversary and 1.50% gross quarterly or monthly. UBL UK also topped the three year fixed ISA chart this week with its 3 Year Fixed Rate Cash ISA paying 1.22% gross on maturity, 1.21% gross on anniversary and 1.20% gross quarterly or monthly. The ISAs require a £2,000 minimum deposit to open. Transfers in from cash ISAs are accepted. They can be opened online, in branch, by post or via mobile app and then managed online, in branch, by post, by phone and via mobile app.

Both Close Brothers Savings and Castle Trust Bank topped the two year fixed ISA chart this week. 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. This ISA accepts transfers in but transfer instructions must be received within 10 days of account opening. It must be opened online but can then be managed online, by post and by phone. Castle Trust Bank pays 1.10% gross on maturity or on anniversary on its Fixed Rate e-Cash ISA. The ISA requires a £1,000 minimum deposit to open. It does not accept transfers in. This ISA can be opened and managed online and via mobile app. New customers can only open an account via an online Self Service Portal, after which they gain access to the mobile app.

Castle Trust Bank also topped the one year fixed ISA chart this week paying 0.90% gross on maturity on its Fixed Rate e-Cash ISA. As with the two year version, the ISA requires a £1,000 minimum deposit to open and does not accept transfers in. The ISA can be opened and managed online or via mobile app. New customers can only open an account via an online Self Service Portal, after which they gain access to the mobile app.

Compare the best fixed rate ISAs

The best easy access ISA rates

Provider Account Notice Rate AER  

Marcus by Goldman Sachs®

Cynergy Bank

Cash ISA


Online ISA (Issue 16)

None


None

0.60%, (including a 0.10% bonus for 12 months)
0.60%

Go to provider’s site

Find out more

Leeds Building Society

Coventry Building Society

Limited Issue Online Access ISA (Issue 37)
Limited Access ISA (Online) (2)

None


None

0.55%


0.55%

Go to provider’s site

Find out more

Tesco Bank Instant Access Cash ISA None 0.51%, (including a 0.41% bonus) for 12 months Find out more

 

Marcus by Goldman Sachs® and Cynergy Bank both topped the easy access ISA chart this week. Marcus by Goldman Sachs® pays 0.60% gross monthly on its Cash ISA, which includes a 0.10% bonus for 12 months. A deposit is not needed to open this ISA, but a UK mobile number is required. Further additions and withdrawals are permitted but all transactions must be made via a nominated account. This ISA does not accept transfers in. It can be opened online or via mobile app and then managed online, by phone and via mobile app. Cynergy Bank pays 0.60% gross yearly on its Online ISA (Issue 16). A £1 minimum deposit is needed to open this account, along with a Cynergy Bank Authenticator App or Digipass. This ISA allows further additions and withdrawals. Transfers in from cash ISAs are accepted on account opening only. It must be opened and managed online.

The next-best easy access ISA rate this week came from Leeds Building Society and Coventry Building Society. Leeds Building Society’s Limited Issue Online Access ISA (Issue 37) pays 0.55% gross on maturity and requires a £1,000 minimum deposit to open. Further additions are allowed while the issue remains open and withdrawals can be made via a nominated account. This ISA accepts transfers in. Savers should be aware that the ISA matures on the 31.10.22 when it reverts to an Instant Access Cash ISA maturity account. The ISA can only be opened and managed online. Coventry Building Society pays 0.55% gross on anniversary or monthly on its Limited Access ISA (Online) (2), which requires a £1 minimum deposit to open. Further additions can be made but withdrawals are restricted to six penalty-free withdrawals per annum, all further withdrawals are subject to a 50 days’ loss of interest penalty. Transfers in are accepted but all transferred in funds, except cash ISAs, must be sent by cheque with a transfer history form. The ISA must be opened and managed online.

Tesco Bank had the next-best easy access ISA rate this week with its Instant Access Cash ISA paying 0.51% gross on anniversary, which includes a 0.41% bonus for 12 months. This ISA requires a £1 minimum deposit to open and allows further additions. Withdrawals can be made but are restricted to a maximum withdrawal limit of £10,000 to non-Tesco Bank accounts and a £100,000 limit to Tesco Bank accounts for online transfers. Transfers in from cash ISAs are accepted. The ISA can be opened online or by phone and then managed online, by phone or 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% Find out more
Buckinghamshire Building Society 30 Day Cash ISA 30 days 0.30% Find out more

 

Continuing to offer the top notice ISA rate this week is Aldermore, which now pays 0.55% gross on anniversary or monthly on its 30 Day Notice Cash ISA Issue 12. This ISA requires a £1,000 minimum deposit to open and allows further additions. Withdrawals can be made subject to 30 days’ notice, or earlier access is permitted on 30 days’ loss of interest. Transfers in are accepted. This ISA must be opened and managed online.

The next-best notice ISA rate this week came from Buckinghamshire Building Society with its 30 Day Cash ISA paying 0.30% gross yearly or monthly on a £100 minimum deposit. Further additions are allowed. Withdrawals are permitted subject to 30 days’ notice or earlier access is allowed 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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