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ISA round up - 19th February

There was little movement in the ISA best buys last week and best buy rates remain largely unchanged.  The good news is that most of the movements in the market were positive ones with Aldermore, Principality, Hodge, Hampshire Trust and Zopa all increasing some ISA rates in the past week with 2 Year ISA seeing all top four providers upping their rates. 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 Virgin Money, who increased their rate to 5.06%, although this account pays a lower rate of 2% if more than three withdrawals are made in a calendar year. Virgin move ahead of Coventry Building Society, who offer 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. 

Notice ISAs

West Brom Building Society are still the best buy with their 60 Day Notice ISA now paying an improved 5.10%. They are 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 lead the way paying 5.25% - but savers must have, or open, a Virgin Money current account to get that rate. Otherwise, Aldermore Bank pay 5% as do Castle Trust Bank and OakNorth. 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% who complete the top 10.

2 Year ISA

Zopa Bank still lead the way but at an increased rate of 4.67%, as they nip ahead of UBL Bank who pay 4.66% with Close Brothers at 4.65% and Hodge at 4.62% as the top four all increased their rates last week. Furness Building Society pay 4.60% and Castle Trust Bank offer 4.55% with United Trust Bank at 4.50% alongside Aldermore Bank, who upped their rate to 4.50% on Friday.

3 Year ISA

UBL Bank lead the way with a best buy 4.35% with Hampshire Trust Bank increasing to 4.30% to move up to second alongside Castle Trust Bank. Close Brothers pay 4.25% with Zopa Bank at 4.21% and United Trust Bank at 4.20%. Principality Building Society increased their rate to 4.20% and Aldermore Bank moved theirs up to 4.15%

5 Year ISA

UBL Bank are still best buy but at 4.16%, with Close Brothers just behind at 4.15%. Zopa Bank are tied third at 4.01% with Hodge Bank, who upped their rate. There is a four way tie at 4% with United Trust Bank, Furness Building Society and Castle Trust Bank being joined by Principality Building Society, who added 0.25% to their rate late last week.

Lifetime ISA

Moneybox pay a best buy 4.40% - but their rate does include a 0.90% bonus for 12 months. Tembo, who have bought Nude Finance, pay 4.30% and had briefly topped the charts before being usurped by Moneybox again. 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%.

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