New top rate for ISA savers who don't want their cash locked away.
Skipton Building Society has launched a new online Cash ISA which has gone straight to the top of the best buy tables.
The Limited Edition Cash ISA pays 1.60% on balances from £1 and offers instant access to your cash. It accepts transfers from existing ISAs too, so it’s a good option for seasoned ISA savers and ISA beginners alike.
Here’s how it compares to the other top instant access ISAs right now.
|
Account |
AER |
Minimum investment |
Accepts transfers? |
|
1.60% |
£1 |
Yes |
|
|
West Brom BS WeB SaveR Limited Access ISA* |
1.55% |
£1,000 |
Yes |
|
NS&I Direct ISA |
1.50% |
£1 |
No |
|
1.50% (includes 0.50% bonus for 12 months) |
£1 |
No |
*Can only make three withdrawals a year without penalty
[SPOTLIGHT]Skipton has warned that it doesn’t expect the Limited Edition Cash ISA to be on offer for long, so if you want to take advantage you’ll need to move quickly.
For a full round-up of the top ISAs across all terms, check out The best Cash ISAs for the 2015/16 tax year.
More on saving:
The top fixed rate savings bonds