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Savers will be pleased to see that many of last week’s top rates are still available in the ISA charts this week. The best rates overall continue to be offered in the fixed rate ISA charts and savers who are willing to lock their money away in a seven year account can get a rate of 1.65% gross. Although the easy access ISA chart is a lot less competitive, these ISAs have the benefit of allowing access to funds quickly and are a good option for those looking for more flexibility than fixed term ISAs offer.
It should be noted that the rates below are the best rates available on Thursday and, although correct at the time of publishing, they may not be available on Friday.
Savers should be aware that although we have included ISAs that can be opened and managed in branch, consumers are advised to check with the bank or building society to ensure this service is still available, as many are only providing essential banking services in branch at the moment due to the Government’s restrictions on movement.
| Provider | Account | Term | Rate AER |
| Shawbrook Bank | 7 Year Fixed Rate Cash ISA Bond Issue 1 | Seven years | 1.65% |
| Shawbrook Bank | 5 Year Fixed Rate Cash ISA Bond Issue 22 | Five years | 1.51% |
| Shawbrook Bank | 3 Year Fixed Rate Cash ISA Bond Issue 21 | Three years | 1.38% |
| Al Rayan Bank | Fixed Term Deposit Cash ISA | 24 months | 1.41% (expected profit rate) |
| Ford Money | Fixed Cash ISA 1 Year | One year | 1.25% |
Shawbrook Bank continued to dominate the fixed rate ISA chart this week. It offered the best rate overall with its 7 Year Fixed Rate Cash ISA Bond Issue 1 paying 1.65% gross, as well as topping the five year chart with its 5 Year Fixed Rate Cash ISA Bond Issue 22 paying 1.51% gross and the three year chart with its 3 Year Fixed Rate Cash ISA Bond Issue 21 paying 1.38% gross. All these ISAs pay interest on anniversary and require a minimum opening deposit of £1,000. They all accept transfers in. These ISAs can only be opened online but can then be managed online and by phone. There are also versions of all these ISAs that pay interest monthly at a slightly lower gross rate.
The best two year fixed rate ISA rate came from Al Rayan Bank, which pays an expected profit rate of 1.40% gross quarterly on its Fixed Term Deposit Cash ISA. To open this ISA a minimum deposit of £1,000 is needed. It accepts transfers in for up to 30 days from account opening. This ISA can be opened and managed online, in branch, by post, by phone and via mobile app.
Topping the one year fixed rate ISA chart this week was Ford Money which pays 1.25% gross on its Fixed Cash ISA 1 Year. This ISA pays interest on anniversary and requires a £500 minimum deposit to open. It accepts transfers in and can be opened online and by phone but managed online only. There is also a version of this ISA that pays interest monthly at a slightly lower gross rate.
All the rates available can be found on our fixed rate ISA chart.
| Provider | Account | Notice | Rate AER |
| Penrith Building Society | ISA Issue 2 | Instant | 1.25% |
| Shawbrook Bank | Easy Access Cash ISA – Issue 11 | None | 1.19% |
| Al Rayan Bank | Instant Access Cash ISA | Instant | 1.11% (expected profit rate) |
Remaining at the top of the easy access ISA chart this week was Penrith Building Society which pays 1.25% gross yearly on its ISA Issue 2. This ISA requires a minimum deposit of £100 to open and allows unlimited further additions and withdrawals. It does not accept transfers in. This ISA can be opened and managed in branch and by post.
The second-best easy access ISA rate came from Shawbrook Bank this week. Its Easy Access Cash ISA – Issue 11 pays 1.19% gross on anniversary on a minimum opening deposit of £1,000. This ISA allows unlimited further additions and withdrawals, although these must be made via a nominated account. Transfers in are accepted. This ISA must be opened online but can then be managed online and by phone.
The third-best rate in the easy access ISA chart this week was from Al Rayan Bank which pays an expected profit rate of 1.10% gross monthly on its Instant Access Cash ISA. To open this ISA a minimum deposit of £50 is needed. This ISA allows unlimited further additions and withdrawals. Transfers in are accepted. It can be opened and managed online, in branch, by post, by phone and via mobile app.
All the rates available can be found on our easy access ISA chart.
| Provider | Account | Notice | Rate AER |
| Bank and Clients | 90 Day Cash ISA | 90 days | 1.25% |
| Monmouthshire Building Society | 30 Day Notice Cash ISA – Issue 2 | 30 days | 1.25% |
| The Melton Building Society | 60 Day Notice Cash ISA | 60 days | 1.15% |
Two providers offered the top notice ISA rate this week with both Bank and Clients and Monmouthshire Building Society paying 1.25% gross yearly. Bank and Clients pays this rate on its 90 Day Cash ISA, which requires an opening minimum deposit of £1,000. This ISA allows unlimited further additions. Withdrawals are permitted subject to 90 days’ notice or if notice is not given, earlier access is subject to 90 days’ loss of interest. Transfers in are accepted. This ISA can only be opened and managed by post.
Monmouthshire Building Society also pays 1.25% gross yearly on its 30 Day Notice Cash ISA – Issue 2. To open this ISA a minimum deposit of £10 is needed. It allows unlimited further additions, while withdrawals are permitted but subject to 30 days’ notice. If notice is not given, earlier access is allowed but subject to a 30 day loss of interest penalty. Transfers in from cash ISAs are accepted. This ISA can be opened and managed online, in branch and by post.
The second best notice ISA rate this week came from The Melton Building Society, which pays 1.15% gross on its 60 Day Notice Cash ISA. This ISA requires a minimum opening deposit of £25 and allows unlimited further additions. Withdrawals can be made subject to 60 days’ notice, if notice is not given earlier access is permitted but subject to 60 days’ loss of interest. Transfers in are not accepted. This ISA can be opened and managed in branch and by post.
All the rates available can be found on our notice ISA chart.
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.
