Compare ISA Rates

Latest News - 25th September 2008 - Abbey has released the 2nd issue of their Direct ISA and now pays 6.00% AER. You can open this Cash ISA account from as little as £1.

Latest News - 10th August 2008 - Halifax offer offshore saving accounts paying up to 10% AER. Tax is not deducted by the Halifax from the interest that is paid to you and you can open an account in addition to any ISA you may have.

Latest News - 6th August 2008 - You can now invest in a Stocks and Shares ISA as well as a Cash ISA to maximise your yearly tax free allowance. Legal & General’s wide selection of investments make it easy to find one that suits you. Choose from a range of ISA and unit trust funds and invest from just £500 lump sum or £50 a month.

 Make the most of the chance to save money tax-free by putting your savings into a Cash or Stocks and Shares ISA. Take a look at some of the deals on offer. Some of the highest interest paying ISA Savings accounts are shown below. Simply click on the 'more details' button for account features and offers.

From 6th April 2008 the maximum amount you can pay into an ISA each year has increased from £7,000 to £7,200, of which £3,600 can be paid into a cash ISA. For the first time you can save £3,600 in a Cash ISA and invest the remainder of your ISA allowance in a Stocks and Shares ISA. For example; you save £1,200 in a cash ISA at the start of the tax year. In the same year, you could invest up to another £2,400 in the same cash ISA or up to £6,000 in a stocks and shares ISA with either the same or a different provider. You can find a more detailed explanation of the ISA rules changes at the bottom of this page.

Cash ISA's

Provider  Account  AER*  Notice  Min £    HSBC Bank Cash ISA  6.25% Instant £1  Abbey Direct ISA  6.00% Instant £1  Alliance and Leicester Easy ISA  6.00% Instant £1

Stocks and Shares ISA's

Provider  Type  Min £    Legal & General Index Tracking ISA £50  Legal & General Multi Manager ISA £50  Virgin Climate Change Fund £50  Legal & General UK Property ISA £50  Legal & General Income ISA £50  Legal & General Managed ISA £50  Legal & General Ethical ISA £50

Self Select Stocks and Shares ISA's

Provider  Type  Min £    TD Waterhouse NO admin fee & choice of 1800 Unit Trusts £100  Hargreaves Lansdown Huge discounts & choice of 2000 Funds £3,000

NEW - Offshore Saving Accounts  Provider  Account  AER*  Notice  Min £    Halifax International Regular Saver  10.00%   1 Year £100  Halifax International Fixed Rate  6.70%   1 Year £1,000  Halifax International Web Saver  5.80% Instant £25,000  Bank of Scotland Monthly Income 5.48% Instant £25,000  Bank of Scotland  Fixed Rate Savings   5.00% 2 Years £10,000  Halifax International Web Saver  4.90% Instant £1,000 Fixed Non ISA Savings Rates and Bonds

Provider  Account  AER*  Notice  Min £    ICICI Bank Fixed Rate Savings  7.20%   1 Year £1,000  Halifax International Fixed Rate  6.70% 1 Year £1,000  Halifax International Fixed Rate  6.61% 6 Months £1,000  Capital One  Fixed Rate Bond   6.00% 1 Year £1,000  Bank of Scotland  Fixed Rate Savings   5.00% 2 Years £10,000

Market Leading Non ISA Instant Access Accounts

Provider  Account  AER*  Notice  Min £    Alliance and Leicester Savings Account  6.60% Instant £1  Egg  Savings Account  6.55% Instant £1  Abbey Savings Account  6.50% Instant £1  ING Direct  Savings Account  6.50% Instant £1  Tesco  Internet Saver  6.50% Instant £1  Capital One  Bonus Saver  6.50% Instant £500  Citibank  Flexible Saver  6.43% Instant £1  Alliance and Leicester Online Tracker  6.30% Instant £1  Abbey  Instant Saver  6.30% Instant £1  Britannia Building Soc Direct Saver  6.25% Instant £100  ICICI Bank HiSave Account  6.16% Instant £1  Halifax  Web Saver Extra  6.00% Instant £1  Bank of Scotland  Savings Account  6.00% Instant £5,000  The Post Office  Instant Saver  5.75% Instant £500  Sainsbury's Bank  Internet Saver  5.50% Instant £1  HSBC Bank  Online Saver  5.25% Instant £1  Capital One  Base Rate Beater  5.05% Instant £500

Over 50's Saving Accounts

Provider  Account  AER*  Notice  Min £    Coventry Building Soc. 50 Plus Account  6.25% Instant £1

Click here for Free ISA brochures from the UK's leading ISA Providers

Cash ISA's

Compare over 4,000 savings accounts including ISAs and offshore accounts.

 

NEW ISA RULES

From 6th April 2008, ISA rules have changed. The new rules aim to make ISA's easier to manage and understand. Whether you already hold an ISA, or are looking to invest in one, take a look below to see what the changes could mean for you.

The maximum total annual contribution has increased from £7,000 to £7,200, so you can save a little more each year, tax free.

The maximum allowable cash portion has increased from £3,000 to £3,600.

The mini and maxi ISA distinction no longer exists. Any maxi or mini ISA is now simply called an ISA.

Mini stocks and shares ISAs and any stocks and shares component of a maxi ISA have become a stocks and shares ISA.

Mini cash ISA's and any cash component of a maxi ISA has become a cash ISA.

The full £7,200 allowance can be invested in stocks and shares, or you can choose up to £3,600 into a cash ISA.

For example; you save £1,200 in a cash ISA at the start of the tax year. In the same year, you could invest up to another £2,400 in the same cash ISA or up to £6,000 in a stocks and shares ISA with either the same or a different provider.

For the first time, funds are now transferable from a cash ISA into a stocks and shares ISA, giving your money a better chance to grow over the medium to long term. Making the transfer won’t affect your ISA allowance, so if you make a transfer from a previous year’s ISA, it will not use any of the current year’s allowance. In addition, there will be no tax to pay on the returns you earn from your ISA. However you cannot transfer from a stocks and shares ISA to a cash ISA.

PEPs (Personal Equity Plans) has automatically become a stocks and shares ISA.