Savings

Plum – Cash ISA

Commenting on the deal, Adam French, Head of Consumer Finance at Moneyfactscompare.co.uk, said:

“Plum has boosted its Cash ISA interest rate to a comfortably market-leading 5% AER which includes a bonus of 2.46% AER for the first 12 months. However, tax-savvy savers will need to act fast as this eye-catching return is only available to new customers who open a Cash ISA with Plum via its mobile app between 25th and 30th September 2026. 

“Savers should be aware that this rate is variable, so the underlying rate is subject to change. Interest is paid monthly and you can open an account with as little as £1 to save.”  

Key product details:

• Rate: 5.00% AER (Variable) inc 2.46% AER bonus rate for 12 months / 4.96% gross (Variable) inc. 2.44% gross bonus rate for 12 months
• Notice / term: None 
• Minimum opening amount: £1
• Maximum investment amount: ISA allowance
• Access: New Customers only
• Transfers in: Permitted but receive the lower rate of 3.75% AER (variable)
• Transfers out: Permitted, but no interest paid for the month if closure or transfer out requested.
• Opening account: via mobile app
• Managing account: via mobile app
• Other information: Savers can choose to split their Cash ISA savings across multiple ISAs within Plum's range.

Saffron Building Society Online Bonus Saver (Issue 2)

Commenting on the deal, Adam French, Head of Consumer Finance at Moneyfactscompare.co.uk, said:

“The Online Bonus Saver from Saffron Building Society is now paying 4.50% AER, but this rate includes a 0.70% AER bonus until 23 September 2027. A strong option for savers who keep a regular eye on their returns and are willing to shop around for the best rates on their easy access funds. Savers should also note the account has a minimum withdrawal limit of £10."

Key product details:

• Rate: 4.50% AER (includes a 0.70% AER bonus until 23 September 2027)
• Notice / term: none
• Access: via nominated account
• Minimum opening amount: £1
• Minimum withdrawal £10
• Maximum investment amount: £1million
• Opening account: Online 
• Managing account: Online and via mobile app

Shawbrook Bank 2-year Fixed Rate Cash ISA (Issue 104)

Commenting on the deal, Adam French, Head of Consumer Finance at Moneyfactscompare.co.uk, said:

“Shawbrook Bank has increased the rate on its 2 Year Fixed Rate Cash ISA, which is now paying a market-leading 4.99%. Unlike many fixed rate ISAs additional investments are permitted throughout the term which may be helpful to savers who can lock away more funds at this inflation-busting rate of return at a later date.” 

Key product details:

• Rate: 4.88% gross/4.99% AER monthly or 4.99% gross/AER yearly
• Notice / term: 2 Year Bond
• Minimum opening amount: £1,000
• Maximum investment amount: £250,000
• Access: Earlier access subject to 180-day loss of interest
• Further additions: Yes
• Transfers in: External transfers in must be made at the same time as initial account application.
• Transfers out: Yes, subject to180 day loss of interest.
• Opening account: Internet
• Managing account: Internet and Telephone

Vanquis Bank 5 Year Fixed Rate Bond 

Commenting on the deal, Adam French, Head of Consumer Finance at Moneyfactscompare.co.uk, said:

“For savers confident they won’t need the funds for a few years; Vanquis Bank is offering an account that pays a market-leading 5.25% AER. Savers can squirrel their funds away for up to 30 days from account opening via a nominated account before it is locked away and inaccessible to them for 5-years at this head turning rate of interest.” 

Key product details:

• Rate: 5.13% gross/5.25% AER monthly or 5.25% gross/AER yearly
• Notice / term: Five years
• Minimum opening amount: £1,000
• Maximum investment amount: £250,000
• Access: Not permitted
• Further additions: Permitted, for 30 days from account opening and within 5 working days of initial deposit, via nominated account. 
• Opening account: Online 
• Managing account: Online, post and telephone