We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.
Compare the best easy-access ISA
Discover what is an easy-access ISA, how to find the best easy-access ISA and more.
Updated . What changed?
Best easy-access ISA rates
What's in this guide?
What is an easy-access ISA?
An ISA is a savings account, in which you won’t have to pay tax on any the interest you earn. There is an annual cap on the amount of funds you can deposit into an ISA.
In an ‘easy-access’ ISA, there are no (or barely any) hurdles to jump to withdraw your funds.
There are plenty of ‘instant-access’ ISAs available, which allow you to withdraw your funds without giving any notice. There are also some accounts which require you to give up to 90 days notice that may still be labelled as ‘easy access’.
What are the benefits?
The main benefit is that you can earn tax-free interest on your savings, but still withdraw them with no troubles, perhaps to take care of an emergency payment.
What are the difference between easy-access and other cash ISAs?
Fixed-rate cash ISAs tend to offer higher interest rates, fixed for a defined amount of time. However, it is not permitted for you to withdraw your cash during this fixed-rate period. Some fixed-rate ISAs will still allow you to withdraw your funds if you pay a penalty.
How to find the best easy-access ISA
The only important factor separating the best easy-access ISA from the rest is the interest rate being offered. You can quickly find the easy-access ISAs offering the best rate using any price comparison website.
Pros and cons of an easy-access ISA
Pros
- You’ll earn tax-free interest on your savings.
- You can withdraw your funds instantly.
Cons
- Easy-access ISAs offer lower interest rates, compared to fixed-rate ISAs.
- There is a limit on the amount you can deposit per tax year.
The bottom line
If you need easy access to your savings, but still want to earn some interest while your funds are stored away, easy-access ISAs are a great shout for you.
More guides on Finder
-
Business bank accounts for contractors
Contractors usually need a business bank account, so we’ve put together a guide on how to find one that works for you.
-
Renault Twingo insurance group
Find out which insurance group the Renault Twingo falls under and how much it costs to insure.
-
Peugeot 106 insurance group
Find out which insurance group the Peugeot 106 falls under and how much it costs to insure.
-
Ford Ecosport insurance group
Find out which insurance group the Ford Ecosport falls under and how much it costs to insure.
-
Fiat Bravo insurance group
Find out which insurance group the Fiat Bravo falls under and how much it costs to insure.
-
ESG investing: Can investments help save the planet and make money?
Find out how your investments can contribute to saving the planet. Paid content.
-
Bank accounts for charities
Opening a bank account is one of the very first things you need to do when setting up a charity. Here we look at how to go about finding the right account, from comparing different options to saving on fees.
-
Types of bank accounts
Should you get a current account, a savings account, or both? What about joint accounts and premium accounts? Banking can be messy if you don’t know the jargon. This guide looks at the main types of bank accounts and what services they offer to help you figure out what you need exactly.
-
Premium bank accounts
Premium bank accounts offer additional perks for people who hold significant sums with the bank providing them, and can be good value for money. We take a look at how they work, what features they offer and what the eligibility criteria can look like.
-
Shareholder protection insurance
Read our comprehensive guide on shareholder protection cover, including how it works, pros and cons for taking out a policy and how to set cover up correctly.
Ask an Expert