Cynergy is the latest bank to raise its easy-access account rate to 1.5% for new savers.
However, both the Virgin and West Bromwich accounts limit you to two withdrawals a year, while the Cynergy Online Easy Access rate includes a 0.5 percentage point bonus for the first year that you hold the account. The Marcus rate also includes a bonus – a renewable 0.15 percentage point bonus for a year.
On fixed-rate tax-free cash Isas, Aldermore Bank has upped its rate to a top 1.7% for one year, while Cynergy Bank pays 1.68% and Charter Savings Bank 1.67%. The best two-year rate is 1.87% from Charter Savings.
Leeds Building Society’s Limited Issue Online Access Isa Issue 9 pays 1.38%, but the account runs only until 1 March next year.