The Best ISA Rates This Week 4 11 21 | moneyfacts.co.uk

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Derin Clark

Derin Clark

Online Reporter
Published: 04/11/2021

Savers looking for an easy access ISA will see that competition at the top of the chart has increased, with Paragon Bank now offering its Triple Access Cash ISA (Issue 5), which pays the joint-top rate in this chart. Another notable ISA change came from United Trust Bank, which increased the rates on a range of its fixed rate ISAs that, although not chart-topping rates, are highly competitive for their terms.

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 12pm on Thursday 4 November 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 1.61% Find out more
UBL UK 3 Year Fixed Rate Cash ISA Three years 1.31% Find out more
Close Brothers Savings 2 Year Fixed Rate Cash ISA Two years 1.20% Find out more
Paragon Bank 1 Year Fixed Rate Cash ISA One year 0.91% Go to provider’s site

 

The top rate in the fixed ISA chart this week comes from UBL UK, which pays 1.66% gross on maturity on its 5 Year Fixed Rate Cash ISA. This ISA also pays 1.61% gross on anniversary and 1.60% gross quarterly or monthly. UBL UK also tops the three year fixed ISA chart this week with its 3 Year Fixed Rate Cash ISA paying 1.33% gross on maturity, 1.31% gross on anniversary, and 1.30% gross quarterly or monthly. Both ISAs require a £2,000 minimum deposit to open and accept transfers in from cash ISAs. 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.

Topping the two year fixed ISA chart this week is Close Brothers Savings which pays 1.20% gross on anniversary on its 2 Year Fixed Rate Cash ISA. A £10,000 minimum deposit is needed to open this ISA. Transfers in are accepted but transfer instructions must be received within 10 days of account opening. The ISA must be opened online but can be managed online, by post and by phone.

Paragon Bank tops the one year fixed rate ISA chart this week, paying 0.91% gross on anniversary or monthly on its 1 Year Fixed Rate Cash ISA. This ISA requires a £500 minimum deposit to open and accepts transfers in. It can be opened and managed online and by post.

Compare the best fixed rate ISAs

The best easy access ISA rates

Provider Account Notice Rate AER  

Paragon Bank

Cynergy Bank

Triple Access Cash ISA (Issue 5)
Online ISA (Issue 17)

None

None

0.65%

0.65%

Go to provider’s site
Find out more

Leeds Building Society

Marcus by Goldman Sachs®

Limited Issue Online Access ISA (Issue 38)
Cash ISA

None


None

0.60%


0.60% (including 0.10% bonus for 12 months)

Go to provider’s site

Find out more

Shawbrook Bank Easy Access Cash ISA - Issue 17 None 0.57% Find out more

 

This week Paragon Bank and Cynergy Bank continue to pay the top easy access ISA rate. Paragon Bank pays 0.65% gross on anniversary or monthly on its Triple Access Cash ISA (Issue 5). This ISA requires a £1 minimum deposit to open and allows further additions. Withdrawals are permitted but a lower rate is paid if more than three withdrawals are made within a 12 month period. Transfers in are accepted. This ISA must be opened and managed online. Cynergy Bank pays 0.65% gross yearly on its Online ISA (Issue 17) which requires a £1 minimum deposit to open. This ISA allows further additions and withdrawals. Transfers in are accepted on account opening only. Again, this ISA can only be opened and managed online.

The next best easy access ISA rate this week comes from Leeds Building Society and Marcus by Goldman Sachs®. Leeds Building Society pays 0.60% gross on maturity on a £1,000 minimum opening deposit on its Limited Issue Online Access ISA (Issue 38). To open this ISA a £1,000 minimum deposit is needed. It allows further additions and withdrawals can be made via a nominated account. Transfers in are accepted. The ISA can only be opened and managed online. Marcus by Goldman Sachs® pays 0.60% gross monthly, which includes a 0.10% bonus for 12 months. This ISA does not require a deposit to open but a UK mobile number is needed. It allows further additions and withdrawals can be made via a nominated account. Transfers in are not accepted. The ISA can be opened online or via mobile app and then managed online, by phone and via mobile app.

Shawbrook Bank has the next best easy access ISA rate with its Easy Access Cash ISA – Issue 17 paying 0.57% gross on anniversary or monthly. The ISA requires a £1,000 minimum deposit to open and allows further additions. Withdrawals can be made via a nominated account. Transfers in are accepted. The ISA must be opened online but can then be managed online and by phone.

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

 

Aldermore remains at the top of the notice ISA chart this week paying 0.55% gross on anniversary or monthly on its 30 Day Notice Cash ISA Issue 12. The ISA requires a £1,000 minimum deposit to open. 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.

The next best notice ISA rate this week comes from Buckinghamshire Building Society’s 30 Day Cash ISA, which pays 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

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. 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. Moneyfacts.co.uk 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.

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