Explore the seven best cash ISAs available for UK citizens over 60.
Best Cash ISA Rates for Over 60s
7 Best Cash ISA Rates for UK Citizens Over 60: FAQs
Are Cash ISA Rates Likely to Go Up?
Many account providers expect the rates offered by ISA accounts to increase slowly; however, this increase will not happen quickly. As a rough estimate, many smaller financial institutions are unlikely to offer interest rates exceeding 4%, and any increases are likely to be small.
Where Can I Get 5% on My Savings UK?
A couple of ISAs offer 5% or higher interest rates. Virgin Money’s one-year fixed rate cash ISA offers 5.85%, and Vernon Building Society offers 5%. Alternatively, Skipton Building Society offers 5% interest rates, and Zopa’s Easy Access ISA offers savers 5.08% in an account that gives you access to your funds at any time.
What Is the Nationwide Cash ISA Rate?
Nationwide Building Society offers a fixed rate ISA with an interest rate of 5.2% for their one-year fixed rate ISA. They also offer a two-year fixed rate ISA with an interest rate of 5%. Nationwide calculates interest daily and pays the interest into your account each year on the date you opened the ISA account.
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