Suffolk Building Society Everyday ISA Review

A cash ISA from Suffolk Building Society. It ranks 117th of 137 cash ISAs we track.

Variable rate

1.60%AER

Protection

FSCS£120,000

Min balance

£10

Max balance

£500,000

Access

Instant

Interest paid

Annually

Transfers in

Accepted

How It Stacks Up

Ranks 117th of 137

Cash ISAs we track

Well below average
This account 1.60%
UK CPI (Aug 2026)
3.10%
Pays 1.50% less
Average cash ISA
2.98%
Pays 1.38% less
Best cash ISA
4.87%
Pays 3.27% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

A better-paying alternative

Trading 212 bank logo

Trading 212

Cash ISA

4.60%

AER

  • Pays 3.00% more than this Suffolk Building Society account
  • Includes a 1.00% bonus for 12 months, then 3.60%
Compare Cash ISAs

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Pros and cons

  • Pro: Savers who want instant access
  • Con: The rate is variable, so it can go down

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See all Suffolk Building Society accounts

Estimated returns with Suffolk Building Society's Cash ISA

What you could earn with Suffolk Building Society's Everyday ISA.

Estimated interest

£1,000 saved

£16.00

At 1.6% AER

£5,000 saved

£80.00

At 1.6% AER

£10,000 saved

£160

At 1.6% AER

£500,000 saved

£8,000

At 1.6% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Our Expert Opinion on Suffolk Building Society Everyday ISA

Jan WatermannCo-Founder, DepositScout

Suffolk Building Society's Everyday ISA pays 1.60%, which is below the market average for Cash ISAs and 3.52% behind the category leader at 5.12%, so this is hard to recommend on rate alone. The 1.60% also sits 1.50% below CPI inflation of 3.1%, meaning your money is losing purchasing power in real terms. The account does accept transfers in and opens from just £10, which suits someone consolidating old ISAs with a very small balance, but most savers would be better served elsewhere. Moneybox's Open Access Cash ISA, for instance, pays 3.80% with the same instant access structure.

Compare Cash ISAs

2 alternatives to Suffolk Building Society's Everyday ISA

Same type of account, closest on rate.

Common questions about the Everyday ISA

D

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Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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