ISA

12 results found...

Ford Money Fixed Cash ISA 1yr

Account type

Cash ISA

Open with

£500

Interest rate

1.90% Gross p.a (1.88% Monthly)

Protection scheme

FSCS

ISA transfers in

Accepted

Ford Money Fixed Cash ISA 2yr

Account type

Cash ISA

Open with

£500

Interest rate

1.65% AER fixed

Protection scheme

FSCS

ISA transfers in

Accepted

Ford Money Flexible Cash ISA

Account type

Cash ISA

Open with

£1

Interest rate

1.17% AER variable

Protection scheme

FSCS

ISA transfers in

Accepted

OneFamily Junior ISA

Account type

Junior investment ISA

Open with

£10

Interest rate

-

Protection scheme

FSCS

ISA transfers in

Accepted

Apply online & receive a £30 Amazon e-voucher (subject to direct debit setup, T&C’s apply). See website for details.

OneFamily Lifetime ISA

Account type

OneFamily Lifetime ISA

Open with

£250 or £25/month

Interest rate

-

Protection scheme

FSCS

ISA transfers in

-

Capital at risk.

Ford Money Flexible Saver

Account type

Easy access

Open with

£1

Interest rate

1.22% (variable)

Protection scheme

FSCS

Ford Money Fixed Saver 2 Year

Account type

Fixed rate bond

Open with

£500

Interest rate

2.05% Gross p.a (2.03% Monthly)

Protection scheme

FSCS

Ford Money Fixed Saver 2 Year Account type Fixed rate bond Open with £500 Interest rate 1.85% AER fixed for 2 years Protection scheme FSCS

AJ Bell Youinvest Investment ISA

Invest from

Invest from £500 or £25/month

You can invest in

Over 2,000 funds

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.

Fidelity ISA

Invest from

Invest from £100 or £50/month

You can invest in

Over 2,000 funds

Easy fund selection for your ISA with Fidelity’s online tools, helping you choose funds for your ISA. Capital at risk. ISA and tax rules apply.

The listings below are non-affiliated with us

Charter Savings Bank 5 Year Fixed Rate Cash ISA

Term

5 years

Open with

£1,000

Interest rate

2.31% AER fixed

Protection scheme

FSCS

ISA transfers in

Accepted

Shawbrook Bank 5 Year Fixed Rate Cash ISA Bond Issue 10

Term

5 years

Open with

£5,000

Interest rate

2.3% AER fixed

Protection scheme

FSCS

ISA transfers in

Accepted

United Trust Bank 5 Year Cash ISA Deposit Bond (Transfers In Only)

Term

5 years

Open with

£15,000

Interest rate

2.25% AER fixed

Protection scheme

FSCS

ISA transfers in

Accepted



Compare ISAs with Money Pug

When you want to save money, you want to get the best savings deal to suit you. ISAs are designed to allow you to save your hard earned cash and avoid paying tax on the interest you earn, regardless of your income. ISAs were introduced back in the last century, and were designed to encourage people to save. But the world of ISAs can be a little confusing, and it can be difficult to know whether an ISA is right for you and, if so, which one you should go for.


What do I need to know to compare ISAs?

Plenty of ISAs are available to be applied for online so often you will not even have to pick up the phone or go into a branch in order to start saving in this way. All you will need in order to compare ISAs with Money Pug is a few simple pieces of information:

  • Your national insurance number.
  • Your address.
  • Your occupation.
  • Details of any current ISA accounts you may wish to transfer into a new ISA.

While ISAs are available to many people, it is important to note that some ISAs have age restrictions placed upon them, while others may require a certain level of deposit in order to open.


What Types of ISA are available?

Cash ISAs

A cash ISA is generally speaking the simplest form of ISA, allowing you to save cash and gain interest without paying tax on that interest earned, up to the yearly tax-free allowance amount. This is a far preferable method for saving money than storing cash under your mattress and while saving interest rates are hardly the most rewarding right now, this could still be a safe and secure way to stow your money and be fiscally responsible when it comes to dealing with the money you are able to put aside.

Fixed Rate Cash ISAs

With a fixed rate cash ISA your money is ring-fenced and you will receive a certain amount of interest for a given length of time – usually one, two or five years. The longer a term of fixed rate interest you agree to the better return you are likely to see. Interest rates on longer fixed rate deals can tend to be higher than those on shorter deals. Of course, with these fixed rate deals, it is not

normally possible to access your funds before the term of the contract is up. If the service provider does allow money to be withdrawn from an ISA of this type, then they will usually require a penalty fee to be paid. Do be careful to check the terms and conditions on any policy extremely carefully, especially if you are thinking about taking a longer term fixed rate deal. Remember, it is important only to choose this kind of ISA if you do not need a access your funds during the term of the contract, and if you are entirely certain that you have found the right deal and are happy to commit to that deal for a certain period of time.

How long a fixed rate ISA you go for will depend, of course, on your own individual circumstances as well as how long you are happy to lock your funds away for. A shorter-term fixed rate ISA could be a good way to tentatively try out this option, which will offer a better rate of interest than an easy access ISA. As mentioned, however, the longer the term, you will frequently find, the better the rate that is offered by the bank or building society.

Note though – the interest rate could go up as well as down. If you opt for a fixed rate deal then you could be tied up with an agreed interest rate even though you may by that point be able to get a better deal elsewhere. Check account restrictions and do think very carefully before committing yourself to any longer term deal.

Self-select ISAs

Like a cash ISA, a self-select ISA offers a chance to make tax-free savings. However, rather than cash, a self-select ISA takes the form of stocks and shares. With a self-select ISA, you yourself will select the stocks and shares that are held within your ISA rather than having a fund manager who will make these decisions for you. These ISAs are generally speaking only a good idea for experienced investors who know what they are doing. If you wished, you could split your tax-free allowance and have a certain amount in a cash ISA and a certain amount in a self-select ISA or a different form of tax free savings account. A stocks and shares ISA offers a more risky savings account option, since investments may not always pay off. If you are an experienced investor and do decide on this ISA option the you will also have to choose whether you will go doe an execution only option, or will select an option with a broken that offers advice. Execution only brokers usually offer the best deals, since these simply provide a trading platform and will not have the benefit of the broker’s knowledge of the markets.

Stocks and Shares ISAs

Stocks and shares ISAs deal in these commodities rather than in cash. Most stocks and shares ISAs, unlike the self-select option above, will offer the opportunity to buy into a portfolio created by a fund manager for you. With these options, you will not need to know about the markets and investing yourself and can rely on the expertise of others. Though of course it is important to remember that your savings will be in the control of these agencies, and the value may go down as well as up, depending on the quality of the investments and the state of the market in general.

Innovative Finance ISAs

An innovative finance ISA, sometimes called an Ifisa, is a savings account that contains peer to peer loans instead of cash or stocks and shares. Peer to peer lending matches up investors with those who wish to borrow, be they individuals, businesses or property developers. Sometimes, by cutting out a bank and investing online in a portal for peer to peer lenders, you can often earn higher rates of interest than you could do with a traditional savings account.

Help to Buy ISAs

If you open a help to buy ISA to help you save up a deposit for your first home, the government will chip in with a cash contribution of 25% of what you are able to save. Over five years, if you saved the maximum of £12,000, this incentive would add £3,000 to your balance.

Junior Investment ISAs

A junior investment ISA is designed as a savings account where you can accumulate tax-free interest for a child. These long term savings accounts for those under eighteen cannot be accessed or cashed in before this time. The savings limit for Junior ISAs in currently £4,260.

 

Why should I choose an ISA?

The main reason to choose an ISA is that they allow you to save money without paying tax on the interest that you earn. The tax-free ISA allowance is designed as an enticement for all of us to save. There is a limit on how much you can save annually within this tax-free allowance. This figure increases year on year depending on the current rate of inflation, though currently, if you are a UK resident over 16 years old, you can save £20,000 tax-free in an ISA each year. The interest will be tax free, though of course the interest that you will receive will depend on the account that you choose. That is where Money Pug comes in, helping you to compare all the options and find the right ISA for you.

Can I switch an existing ISA to a new provider? How can I do so?

If you already have an existing ISA and want to switch that ISA to a different bank or building society that offers a better rate of interest or better terms in another regard then you should simply tell your new bank that you are interested in switching to them and they should organise the whole transfer for you. The whole thing should be easy to accomplish and hassle free, leaving you safe in the knowledge that you have found the right deal for you when you have compared with Money Pug. Take note that it is not a good idea to close an existing ISA, withdraw your money and then open up a new ISA, because doing so, you would use up a new subscription and therefore some of your annual ISA allowance. Instead, simply compare with Money Pug to find the right new ISA deal, then approach the provider so they can handle the ISA switch.

Useful Guides

The website is easy to navigate and has a lovely clean design!

- Customer

Facebook Twitter Instagram Google