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ISA round up - 4th September

Easy access rates continue to nudge up with two providers paying north of 4.50%, but we don't expect much more movement on this until nearer the next Base Rate decision on 21st September. Fixed rates are holding up with competition in 1 Year particularly but 2 Year rates have started to ease off and there's been virtually no change of note in 3 and 5 Year Fixed the past fortnight.  We don't expect rates to fall back significantly from here, but they are probably as high as they are going to go for the time being.  Here's our round up of the best buys and key changes in the Individual Savings Account markets:

Easy Access ISA

Cynergy's late move on Friday see them top the easy access ISA best buys with a top rate of 4.55%.  They move above Virgin Money, who pay 4.51%, although savers must have a Virgin current account to get this rate - but savers can open one to get the rate and this may well be worth doing.  Three Double Access Accounts share third - Newcastle Building Society, Chorley Building Society and Paragon Bank all pay 4.50% on their limited access accounts. Shawbrook pay a straight forward 4.43%, ahead of Principality Building Society at 4.40% - although their rate includes a 12 month bonus of 0.40%. Coventry Building Society are just behind paying 4.35% on their Six Access account which, as the names suggests, permits six withdrawals before an interest charge for further access. 

Notice ISAs

Loughborough Building Society still lead the way paying 5% for 180 Days Notice and 4.75% for 120 Day Notice but they've been matched by Teacher's Building Society who offer identical rates on the same notice periods.  Chorley Building Society are third paying 4.30% for 120 Day Notice - but their easy access pays the 4.50% so this is a better option. Aldermore's 30 Day Notice pays 4.25% but everything below this is beaten by several easy access ISA rates so is not worthy of consideration.

1 Year ISA

Virgin Money top the charts paying 5.80% but savers must have or open a Virgin Money current account to get this rate. Next best is Shawbrook Bank's 5.78% rate and UBL Bank's 5.77%.  Charter Savings are up to 5.77% too and Kent Reliance improved to 5.72% on Friday to move ahead of Aldermore Bank who pay 5.71%.

2 Year ISA

Charter Savings lead the way at 5.78% with Kent Reliance just behind at 5.73%. Four providers pay 5.65% - United Trust Bank, West Brom Building Society, Secure Trust and Close Brothers - with Virgin Money at 5.62% and Aldermore Bank paying 5.61% alongside Zopa Bank. UBL Bank complete the top 10 paying 5.60%

3 Year ISA

Zopa Bank pay a top rate of 5.56%, just ahead of Close Brothers at 5.55% and United Trust Bank at the same rate. Aldermore Bank pay 5.51% alongside Shawbrook with Hodge, Secure Trust and Principality Building Society all paying 5.50%.

5 Year ISA

Zopa Bank pay a best buy 5.26% ahead of Close Brothers and Secure Trust Bank at 5.25% with Shawbrook at 5.22%.  United Trust Bank pay 5.20% ahead of Hodge at 5.15% and UBL Bank at 5.01%.  

Lifetime ISA

Moneybox are the best buy paying 4% but their rate does include a 0.75% bonus for 12 months.  Nude Finance pay 3.80% but their rate comes with a £2 monthly fee.  Bath Building Society are at 3.79% ahead of Beehive Money at 3.30%. Skipton Building Society pay 3.25% and Newcastle Building Society are at 3% with Paragon still only paying 2.50%.

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