National Savings and Investments has raised the rate on its Direct Isa by 0.15 percentage points to 0.9% for both new and existing customers.
Meanwhile, Santander is the first large bank to offer a competitive cash Isa to savers. Its online easy-access eISA pays a top 1.5% to those who have a Select or World 123 account with the bank.
Otherwise, the rate is a lower at 1.1%, which is still a competitive rate from one of the big banks. The rate includes a bonus paid for the first 12 months.
Non-Santander customers will do better with smaller banks. Virgin Money pays 1.45% on its Double Take E-Isa, but limits you to two withdrawals a year.
Goldman Sachs’ Marcus account and Cynergy Bank both offer a higher rate of 1.5%, but both banks pay a bonus for the first year. With Marcus, it’s 0.15 percentage points, and with Cynergy it’s 0.5 points.
Virgin Money also pays 1.5%, but it limits you to two withdrawals a year from the Double Take E-Saver account.