Top-Ranking Cash ISAs: Our Selection of Fixed-Rate and Easy-Access Offers
Looking for the best tax-free deals? This is Money has rounded up the top cash ISAs, handpicked by their specialist journalists. Don't forget, This is Money may earn an affiliate commission if you open an account using links provided here. Let's dive in and find the best one for you!
Easy-Access ISAs
CMC Invest: 5.7% (*)
- Facts: Minimum deposit of £1
- Transfers in: Yes
- Flexible: Yes
This is Money's top pick for a true easy-access ISA with no penalties for withdrawals and a best-buy underlying rate. New customers can enjoy a 0.85% bonus rate for 3 months (4.85% after), followed by the base rate of 4.85%. The cash ISA can be opened starting from £1, and you just need to download the CMC Invest app.
Trading 212: 5.04% (*)
- Facts: Minimum deposit of £1
- Transfers in: Yes
- Flexible: Yes
Regarding easy-access ISAs, Trading 212 comes in as the next best choice with a 0.69% bonus rate valid for 3 months (4.35% after) and a high underlying rate. Existing customers can still benefit from a 4.5% rate. New customers can secure the special rate by following this This is Money Trading 212 link. With no withdrawal limits, you can access your money freely without facing reduced interest rates.
Flexible ISAs allow you to withdraw and replace funds within the same tax year while maintaining its tax-free status.
One-Year Fixed Rate ISA
Gatehouse Bank: 4.35%
- Facts: Minimum deposit of £1,000
- Transfers in: No
- Flexible: No
Gatehouse Bank offers the best one-year fixed ISA, but it does not accept transfers from existing ISAs. You'll need to deposit funds through bank transfer or cheque when opening the account.
Highest Lifetime ISA
Moneybox: 4.7%
- Facts: Minimum deposit of £1
- Transfers in: Yes
- Flexible: No
For those between 18-39 looking to save for their first home or retirement, the Moneybox Lifetime ISA offers the highest rate of 4.7%. The deal consists of a 1.15% fixed bonus for the first year, with a base rate of 3.55%. This account can be opened via the Moneybox app.
How we pick our favorite ISAs
To ensure you get the best saving options, This is Money's team checks for superior rates, low fees, easy access, and customer service from reliable providers. Happy savings!
- This is Money's top pick for a true easy-access ISA is CMC Invest, offering a 5.7% rate, with no penalties for withdrawals, a minimum deposit of £1, transfers in being supported, and flexibility to withdraw funds.
- Trading 212, with a 5.04% rate, is another strong contender for easy-access ISAs, featuring a 0.69% bonus rate, no withdrawal limits, and the option to secure a special rate by using the This is Money Trading 212 link.
- Flexible ISAs, such as those offered by CMC Invest and Trading 212, enable depositors to withdraw and replace funds within the same tax year, maintaining the tax-free status.
- Gatehouse Bank presents the best one-year fixed ISA, with a rate of 4.35%, and a minimum deposit of £1,000, but it does not accept transfers from existing ISAs.
- For both first-time homebuyers and savers planning for retirement aged 18-39, the Moneybox Lifetime ISA offers the highest rate of 4.7%, with a minimum deposit of £1, transfers in being supported, and a fixed bonus rate for the first year. In compiling this list, This is Money's team ensures superior rates, low fees, easy access, and quality customer service from trusted providers to help you optimize your personal-finance and investing strategies. Happy savings!
