Compare ISAs

Here’s a look at some top ISA accounts in October 2024 across categories to help you choose one that fits your needs:

1. Easy-Access Cash ISAs:

Trading 212: Offers a 5.1% AER with just a £1 minimum deposit. This account is flexible, meaning withdrawals can be replaced within the same tax year without affecting the annual ISA allowance

Moneybox: This ISA offers a competitive 5.16% AER, including a temporary bonus for new accounts. It requires a £500 minimum and allows three withdrawals yearly without a penalty rate reduction.

2. Fixed-Rate Cash ISAs:

Virgin Money (1-Year Fixed): This account offers 4.61% AER with a low minimum deposit of £1. Virgin also provides easy-access accounts if you prefer flexibility.

Shawbrook Bank (1-Year Fixed): With a 4.76% AER and a £1,000 minimum, this option offers a fixed interest rate for those seeking stability over one year.

3. Specialty ISAs:

Zopa Smart ISA: Zopa offers a 5.08% AER with flexible access, allowing you to allocate funds to both easy-access and fixed pots. This flexibility makes it ideal if you want to maintain some liquidity while locking in higher rates on a portion of your funds.

Plum Cash ISA. With a 4.92% AER, Plum’s easy-access option has a low minimum deposit of £1, though the rate drops after the first 12 months. It’s a straightforward choice for those looking for short-term savings.

Each of these ISAs varies in accessibility, interest rates, and terms. For short-term, accessible savings, an easy-access ISA like Trading 212 or Moneybox is a strong choice, while fixed-rate accounts such as Virgin Money and Shawbrook are ideal if you can commit funds for a set period.