Britannia has closed its top-paying Select Saver 5 at 1.65% before tax (1.32% after) and replaced it with a newer version paying a lower 1.4% (1.12%). You are limited to four withdrawals a year on the account.
Other deals paying 1.4% (1.12%) include Coventry Building Society Post Save Easy Access and West Bromwich BS Easy Saver Plus, but both limit the number of withdrawals you can make in a year.
Top deals with no withdrawal restrictions include Tesco Internet Saver at 1.35% (1.08%) including a bonus for the first 12 months. With rival Sainsbury's Bank e-Saver, you earn 1.3% (1.04%) and the rate is not boosted by an initial bonus. Virgin Money and GE Capital Direct also pay 1.3% (1.04%) with no restrictions.
Easy-access Cash Isas
On easy-access cash Isas you can earn a tax-free 1.6% with both Cheshire and Derbyshire building societies, offshoots of Nationwide, but you cannot transfer your existing cash Isas into these accounts.
BM Savings, part of Halifax, and Kent Reliance both pay 1.55%, while Nationwide Instant Isa Saver and Virgin Cash E-Isa pay 1.5%. All accept transfers.
On fixed-rate cash Isa the top deals include Kent Reliance at 1.75%, Tesco and Aldermore banks at 1.65% and Halifax at 1.55%. Halifax pays 1.7% for 18 months while at Nationwide you earn 2.05% fixed for two years. Kent Reliance now pays 2.1% fixed for two years.
The best deals on one-year fixed-rate bonds where the interest is taxable include Kent Reliance at 1.9% (1.52%) and FirstSave at 1.88% (1.5%).
If you are willing to tie your money up for two years you can earn 2.2% (1.76%) with Investec, 2.16% (1.73%) with Kent Reliance or 2.15% (1.72%) with GE Capital Direct.
This article was written for our sister website Money Observer