Instant Access Cash ISA

Disclaimer: The rates shown are for information purposes only. Although endeavours have been made to provide accurate and timely information, Investment Sense Ltd cannot be held responsible for any errors or omissions of the information supplied.

All rates are subject to change without notice, please check with the bank or building society before investing. With fixed term notice savings accounts you can’t usually withdraw your money until the notice term has ended. Penalties may apply.

Eligible deposits are protected by the Financial Services Compensation Scheme ‘FSCS’ up to a maximum level of £85,000 per person per registered institution.

Plum Plum Cash ISA

Rate includes 0.86% bonus for 12 months from £100
AER
Notice/Term
Minimum Required
Accepts a transfer
Account Opening
5.17%
None
£100 (Lower rate for under £100)
Mobile

Moneybox – Moneybox Cash ISA

Rate includes 0.91% bonus for 12 months
AER
Notice/Term
Minimum Required
Accepts a transfer
Account Opening
5.16%
No
£500
Mobile

Chip Cash ISA

AER
Notice/Term
Minimum Required
Accepts a transfer
Account Opening
5.10%
None
£1
Mobile

Zopa Smart ISA – Access ISA pot

Must have or open a Smart Saver via Smart Savings Hub
AER
Notice/Term
Minimum Required
Accepts a transfer
Account Opening
5.08%
None
£1
Mobile

Cynergy Bank Online ISA – Issue 44

AER
Notice/Term
Minimum Required
Accepts a transfer
Account Opening
5.00%
None
£1
Internet

Kent Reliance Cash ISA – Easy Access – Issue 48

AER
Notice/Term
Minimum Required
Accepts a transfer
Account Opening
4.95%
None
£1,000
Internet, Branch, Post

Instant Access Cash ISA

Instant Access Cash ISAs (Individual Savings Accounts) are an ideal place to start saving as the interest received is tax-free.

Cash ISA accounts are available that allow you to save on a monthly basis or by investing a lump sum; however the amount you can save in ISAs is subject to a limit each tax year. You cannot carry over any unused allowance from one year to the next.

As with other types of savings accounts there are ISAs available that offer instant access, require you to give notice to withdraw your money or offer a fixed rate of interest for a period of time. Each option will offer a different rate of interest, typically the longer you tie up your money the better the rate of interest will be.

Instant Access Cash ISAs often offer an initial bonus rate to encourage you to open the account. After a prescribed period of time the bonus interest rate will come to an end and your rate will drop, often to an uncompetitive rate of interest. If your Instant Access Cash ISA has an initial bonus rate make sure you shop around when the bonus ends to make sure you are getting the most competitive rate possible.

We make it very clear on our tables whether an account includes a bonus rate or not.

Launched in April 1999, ISAs replaced Personal Equity Plans (PEPS) and the Tax-Exempt Special Savings Accounts (TESSAs). ISAs were designed to attract a wider audience and simplify savings and investments.