Where to find a market-beating cash Isa

Published by Sylvia Morris on 24 March 2015.
Last updated on 24 March 2015

Pound coins

Just in time for the end of the tax year, Skipton Building Society has made its top-paying easy-access cash Isa available online. It pays 1.5% including a 0.5 percentage point bonus for a year.

Post Office Premier Isa also pays 1.5% with a 0.85 point bonus for the first 18 months you are in the account. NS&I at 1.5% also offers a top rate for this year's cash Isa allowance of up to £15,000.

On fixed-rate cash Isas a new deal from Halifax pays 1.6% fixed for 18 months. The top one-year fixed rate comes from Shawbrook Bank at 1.65% followed by Virgin Money at 1.6%.

For two years Yorkshire and Clydesdale banks pay 2.1% but you must open an account in a branch. Post Office and Shawbrook Bank both pay 1.95%.

Find the best cash Isa or savings account for you


On taxable accounts Coventry Building Society's new Easy Access Saver pays 1.15% (0.92%) with no bonus or withdrawal restrictions available over the internet, the phone and through its branches.

The best internet-only deals include Skipton Limited Edition e-Saver, Charter Bank Easy Access Account, Kent Reliance Easy Access and State Bank of India Online Saver all at 1.25% (1%).

Virgin Money's Defined Access account pays a higher 1.35% (1.08%) but limits you to three withdrawals a year. You can earn a slightly better 1.4% (1.12%) with Coventry PostSave easy access if you are happy to run the account through the post and make no more than 12 withdrawals a year.

On fixed-rate deals Shawbrook Bank pays 1.85% (1.48%) for one year and 2.2% (1.76%) for two years.

Those aged 65 or more can do better with National Savings and Investments bonds that 2.8% (2.24%) for one year and a top 4% (3.2%) for three years. The maximum you can put into each bond is £10,000 and they are on sale until 15 May.

This article was written for our sister website Money Observer

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