Money Savings & Finance Blog

It's about time we see competition heating up in the ISA market, with 4 of the best ISAs changing to higher interest rates! You can now get up to 5% interest tax free if you're prepared to tie your money up for 5 years. Don't forget ISA rules Changing, 6th of April 2011, new cash isa allowance. should be a great help with the new ISA allowance going up to £5340.

In the Savings department we see the 3 year and 5 year term deposits interest rates go up, the 3 year fixed rate savings account from Close Savings offers the best interest rate of all the non ISA term deposits, an interest rate of 5% not a bad deal considering the 5 year is only offering 4.9%.

for the Credit Cards, once again everything's stayed the same, 18 months is the longest interest free balance transfer credit card and 13 months is the longest for interest free spending.

Best interest rates for Cash ISAs:

best flexible cash ISA:
Best Instant Access ISA, Santander Loyalty Flexible ISA- 3.3% or Flexible ISA 3.15%

best 1 year ISA Bond:
Nationwide, offering the best 1 year fixed rate ISA with interest rate of 3.2%.

best 2 year ISA Bond:
Yorkshire Building Society, best 2 year ISA, fixed interest rate of 3.5%.

best 3 year ISA Bond:
Aldermore, fixed rate cash ISA, UK Tax free savings, best for 3 year ISA.

best 4 year ISA Bond:
Nationwide, best 4 year Fixed Rate ISA (annual interest)- savings interest rates 4.4%

best 5 year ISA Bond:
Skipton Building Society, best 5 year fixed rate ISA, interest rate of 5%.

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Savings
Best Instant Access:
Best instant access savings, Santander offering highest interest rate at 2.9%.

Best 1 Year Bond:
The AA, best year fixed interest rate for Cash savings, 3.4% interest for 1 year.

Best 2 Year Fixed Rate Bond:
2 year internet fixed rate bond (yearly interest), BM Savings, best 2 year 3.85%

Best 3 Year Fixed Rate Savings:
Close Savings, best 3 year fixed rate savings account, Prem Gold Savings, 5%.

Best 5 Year Bond:
Aldermore Bank, the best 5 year fixed rate savings account, 4.9%

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Credit Cards:
Best Interest Free Spending period:
Tesco Clubcard Credit Card is still best for 0% spending - 13 months interest free

Longest Interest Free Balance Transfer Credit Card:
Barclaycard Platinum Credit Card with Best Balance Transfer, 0% for 18 months!

Best Every Day Low Interest Rate APR Credit Card:
Low APR Credit Card, Barclaycard, best everyday low interest rate Credit Card.