Moneybox Cash ISA

[Pumpkittenspice]

MoneyBox have opened a new Cash ISA, which is 5.12% interest on a balance of £500 or more. You can withdraw three times per year, so I’ve deposited half of my Emergency Fund in there.

I’ve kept the rest in easy access savings account as I don’t like to keep all of my money locked away, but I’ll build up the amount in my ISA gradually.

Thought this may help someone 😊

That's a pretty good rate. Also worth looking at Trading 212 cash ISA which is a fraction lower at 5.1%, but no withdrawal restrictions. Since the rules changed earlier this year, you can now pay into multiple cash ISAs so no problem there.

Thanks!

Trading 212 have just increased their rate to 5.13 in response!

'... pay into multiple Cash ISAs' but presumably still restricted to £20k a year?

Yep!