Receive the Savings Guru's updates straight to your inbox

ISA round up - 12th February

There was a raft of rate cuts on longer term fixed rates with Zopa and UBL Bank still leading the way on longer terms, but at reduced rates. 1 Year rates saw some movement with two providers moving up to 5% and there was a new best buy notice account in a mixed week for ISA savers. Here's our round up of the best buys and key changes in the Individual Savings Account markets:

Easy Access ISA

Zopa Bank remain best buy at 5.08% although this includes a bonus of 0.50% until 6th April 2025. They are a touch ahead of Coventry Building Society who are at 5.05% with their Four Access ISA and Principality Building Society. Principality's rate includes a whopping 0.96% bonus for 12 months though. Charter Savings Bank are next at 5.03% with Kent Reliance and Harpenden Building Society tied at 5.01%. There are three providers at 5% - Leeds Building Society, Cynergy and Family Building Society all level. Cynergy and Leeds pay a straight 5% but Family's account is a market tracker which is reviewed quarterly - with rates potentially falling back, this could be a good option. Virgin Money completed the top ten at 4.96% - this account pays a lower rate of 2% if more than three withdrawals are made in a calendar year. 

Notice ISAs

West Brom Building Society are the new best buy with their 60 Day Notice ISA paying 5.06%. They move above Chorley Building Society, whose 150 Day Notice pays 5.05%. Furness Building Society are third with their 90 Day Notice paying 5.01%.  Teacher's Building Society are tied with Loughborough Building Society - Teacher's pay 5% for 120 Days and Loughborogh pay the same rate for 180 Days Notice, with 4.75% paid for 120 Day Notice. 

1 Year ISA

Virgin Money still lead the way paying 5.25% - savers must have, or open, a Virgin Money current account to get that rate. Castle Trust Bank and OakNorth both increased their rates to 5% to move up to second. Shawbrook Bank pay 4.98% just ahead of Close Brothers at 4.97% and Charter Savings and Hodge at 4.96%. United Trust Bank pay 4.91%, narrowly ahead of Zopa Bank at 4.90% with Kent Reliance completing the top 10 at 4.85%.

2 Year ISA

Zopa Bank alead the way but at a reduced rate of 4.62%, following their rate cut last week and Post Office Money's withdrawal. UBL Bank pay 4.61% with Close Brothers and Furness Building Society joint third at 4.60%. Castle Trust Bank pay 4.55% with United Trust Bank at 4.50% following their rate reduction. Dudley Building Society and Hodge also pay 4.50% with Secure Trust Bank at 4.45%.

3 Year ISA

UBL Bank still lead the way but at a reduced rate of 4.35% with Castle Trust Bank second offering 4.30%. Close Brothers pay 4.25% with Zopa Bank at 4.21%. United Trust Bank pay 4.20% with up for sale Sainsburys Bank paying 4.10%. Hodge pay 4.09%, Coventry Building Society 4.06% and Shawbrook Bank 4.05%.

5 Year ISA

UBL Bank are still best buy but at 4.16%, following their rate cut, with Close Brothers just behind at 4.15%. Zopa Bank are next third at 4.01%, the only other provider paying more than 4%. There is a three way tie at 4% with United Trust Bank, Furness Building Society and Castle Trust Bank all at that mark.

Lifetime ISA

Moneybox pay a best buy 4.25% - 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 - although this is fee free for the first 12 months currently.  Bath Building Society are at 3.79% ahead of Paragon Bank at 3.51%. Beehive Money are just behind at 3.50%. Skipton Building Society pay 3.25% and Newcastle Building Society are lagging at 3%.

About The Savings Guru

We help savers get the best deal for their money by providing unique insight in to the savings market.  We help prospective banks apply for a banking licence and we help build customer services, products and marketing for them.  We also work with existing banks and building societies to improve their savings propositions.  This  insider view of savings means we are uniquely placed to help savers.

Find out moreMeet the Team

Ask the Guru a Question


Your Name:*
Your E-mail:*
Your Question*