Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
1.01%: BEST RATE FOR CASH ISA
Everyone should keep some of their money in cash, as you never know what’s around the corner. Unemployment, a broken boiler, a failed MOT; the list is endless.
Virgin Money currently offers the best rate for an instant access ISA at 1.01%. The rate falls if you make more than three withdrawals a year.
Anyone wanting to regularly withdraw cash may find Post Office’s ISA more attractive. You get paid 0.9% interest in the first year and can take out £10 or more as many times as you like in that period.