Last updated: 3 June 2025 at 12:40
ISA deposits reach record highs in April as variable ISA rates continue their decline.
Savers deposited an additional £14 billion into ISAs in April, according to the latest Money and Credit release from the Bank of England.
As the start of the new tax-year began, savers seem to have rushed to make the most of their recently reset ISA allowance so they could earn tax-free interest on their money.
These early bird savers were also able to take advantage of higher cash ISA rates, as interest rates have steadily declined since the start of the tax-year. This downwards trend has continued in the easy access ISA market, as the leading three providers all cut rates on their accounts over the past week.
More encouragingly, the leading fixed ISA rates remained stable, with some providers, such as Close Brothers Savings, even making selected increases.
Below, you can find out more about accounts offering some of the best easy access, fixed and notice cash ISA rates on the market. These products can all be accessed by new customers with minimum deposits of up to £10,000. Keep in mind higher rates may be available to existing customers or those with a larger initial deposit.
For a more detailed overview of the cash ISA market, visit our charts; alternatively, to find out more about these tax-free savings accounts, view our ISA guides.
