Protection
FSCS£85,000 (investment)
Min balance
£500
Max balance
£20,000
Access
Instant (up to 3 withdrawals/transfers-out per year)
Interest paid
Daily/monthly
Transfers in
Accepted
The Rate You'll Get
1st year (new customers)
Boosted rate for first 12 months; requires £500+ balance and max 3 outbound movements per year
After 1st year / existing
Standard base rate after introductory period, or for existing customers opening a new Cash ISA
After 3rd withdrawal in a year
Rate drops to base rate if more than 3 outbound movements made in a 12-month period
How It Stacks Up
Ranks 32nd of 137
Cash ISAs we track
- UK CPI (Aug 2026)
- 3.10%
- Pays 0.77% more
- Average cash ISA
- 2.98%
- Pays 0.89% more
- Best cash ISA
- 4.87%
- Pays 1.00% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Trading 212
Cash ISA
4.60%
AER
- Pays 0.73% more than this Moneyfarm account
- Includes a 1.00% bonus for 12 months, then 3.60%
We may earn a commission if you open this account.
A Good Fit For
- Pro: New and existing savers
- Pro: Savers who want a monthly income
Worth Weighing Up
- Con: Rate drops to 3.57% after 12 months
- Con: The rate is variable, so it can go down
Good to Know
3.87% AER is the new-customer rate; existing customers opening a new Cash ISA get 3.57% AER. Rate drops if balance falls below £500 or more than 3 withdrawals are made per year.
Please verify all details with the provider – see our Disclaimer
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