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Derin Clark

Derin Clark

Online Reporter
Published: 06/12/2019

Today, savers faced more disappointment as Virgin Money cut its chart-topping easy access and easy access ISA rates. Nevertheless, those wanting quick access to their savings will still find some competitive rates available in the charts.

Here, we take a look at the three rates closest to those that were being offered by Virgin Money in both the easy access and easy access ISA charts.

Easy access saving rates

Virgin Money cut the rates on its Double Take E-Saver Issue 12 and Man Utd Double Take E-Saver Issue 7, which were previously paying a chart-topping rate of 1.45% gross yearly, and were also both available as versions that paid 1.44% gross monthly. The closest rate to this is Marcus by Goldman Sachs’® Online Savings Account, which pays 1.44% gross monthly and includes a 0.10% bonus for 12 months. This account does not need a deposit to open, although a UK mobile number is required. It allows unlimited further additions and, unlike the Virgin Money accounts which had withdrawal restrictions, unlimited number of withdrawals can be made. This account can only be opened online, but can then be managed by phone as well.

Post Office Money® pays a slightly lower rate of 1.44% gross on its Online Loyalty Saver Issue 8, which requires an opening minimum deposit of £50 and pays interest yearly. While this account offers a highly competitive rate, it is only available to existing Post Office Money® customers. For those eligible to open the account, like the account from Marcus by Goldman Sachs®, this account allows unlimited further additions and withdrawals. The account can be opened online and by phone and then managed online. There is also a version of this account that pays interest monthly at 1.43% gross.

Although it offers a lower rate of 1.41% gross, the Easy Access - Issue 17 account from Shawbrook Bank has no opening restrictions. This account pays interest on anniversary, although there is also a version that pays interest monthly at a slightly lower gross rate. It requires a much higher opening deposit of £1,000, but does also allow unlimited further additions and withdrawals, albeit withdrawals must be made via a nominated account. It can only be opened online, but can also be managed by phone.   

Easy access ISA chart

Before cutting its rates, Virgin Money topped the easy access ISA charts, with its Double Take E-ISA Issue 12 and its Man Utd Double Take E-ISA Issue 11 both offering 1.36% gross yearly, as well as versions of both accounts that paid 1.35% gross monthly. Al Rayan Bank offers the closest rate, with its Instant Access Cash ISA paying an expected profit rate of 1.35% gross. This ISA requires an opening minimum deposit of £50, which is higher than Virgin Money’s £1 opening deposit, and pays interest monthly. It allows unlimited further additions and withdrawals, while transfers in are also allowed. It can be opened and managed online, in branch, by post, by phone and via mobile app.

Yorkshire Building Society pays a slightly lower rate of 1.35% gross on anniversary on its 1 Year Limited Access Saver ISA Issue 2. This ISA requires an opening minimum deposit of £100 and allows unlimited further additions, but withdrawals are restricted to one withdrawal day per account year. Transfers in are allowed. This ISA can only be opened and managed online.

Offering a lower rate on a higher deposit is Family Building Society’s Market Tracker Cash ISA (2), which pays 1.34% gross yearly on an opening minimum deposit of £500. This account allows unlimited further additions and withdrawals, as well as transfers in. This account can be opened online, in branch and by post and then managed online, in branch, by post and by phone. 


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.

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