Cash ISACompare 1 Year Fixed Rate Cash ISAs

Vanquis Bank 1 Year Fixed Rate Cash ISA Review

One of the best-paying one-year cash ISAs, from Vanquis Bank, with a £1,000 minimum deposit. It ranks 3rd of 61 one-year cash ISAs we track.

Fixed rate · 1 year

4.96%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1,000

Max balance

£20,000

Access

1 Year

Interest paid

Anniversary

Transfers in

Accepted

How It Stacks Up

Ranks 3rd of 61

1-year cash ISAs we track

Among the best
This account 4.96%
UK CPI (Aug 2026)
3.10%
Pays 1.86% more
Average 1-year cash ISA
4.45%
Pays 0.51% more
Best 1-year cash ISA
4.98%
About the same

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

Compare cash ISAs

A Good Fit For

  • Pro: New and existing savers
  • Pro: Flexible: take money out and put it back in the same tax year without using more allowance

Worth Weighing Up

  • Con: You need at least £1,000 to open it

Good to Know

All payments into your account need to be made within 30 days of us receiving your application.

Please verify all details with the provider – see our Disclaimer

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Estimated returns with Vanquis Bank's Cash ISA

What you could earn with Vanquis Bank's 1 Year Fixed Rate Cash ISA.

Estimated interest

£1,000 saved

£49.60

At 4.96% AER

£5,000 saved

£248

At 4.96% AER

£10,000 saved

£496

At 4.96% AER

£20,000 saved

£992

At 4.96% 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 Vanquis Bank 1 Year Fixed Rate Cash ISA

Jan WatermannCo-Founder, DepositScout

Vanquis Bank's 1 Year Fixed Rate Cash ISA pays 4.96%, which sits above the cash ISA market average but 0.29% behind the category leader at 5.25%, so it is a decent but not outstanding pick. It does beat inflation by 1.86% against a CPI of 3.1% (Aug 2026), which at least means your money grows in real terms. The account accepts transfers in and lets you choose monthly or annual interest, though the catch is a 90-day interest exit fee if you need to withdraw early. You need at least £1,000 to open and can hold up to £20,000.

Compare Cash ISAs

2 alternatives to Vanquis Bank's 1 Year Fixed Rate Cash ISA

Same type of account, closest on rate.

Common questions about the 1 Year Fixed Rate Cash ISA

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