Al Rayan Bank pays a top rate of 1.35% interest on its easy access cash Isa account. The bank is Sharia compliant and therefore quotes expected profit rather than guaranteed interest, which is paid quarterly, or on maturity. It requires a minimum deposit of £1,000.
Ford Money pays a rate of 1.65% AER (1.64% monthly income) on its two-year fixed rate Isa. It is a Portfolio Isa which means savers can open more than one Isa under the same tax-free wrapper to divide cash between easy-access and fixed rates. It requires a minimum deposit of £500.
Bank of Cyprus UK pays a top rate of 1.31% AER interest on its Online Easy Access account. The minimum deposit is just £1. Watch out after 12 months the rate drops to 0.85 per cent
Milestone Savings pays a top rate of 1.9% AER interest on one-year fixed term deposit. The bank is Sharia compliant and therefore quotes expected profit rather than guaranteed interest. It requires a minimum deposit of £1,000.
RCI Bank pays 1.3% AER variable interest on its easy access deal. Deposits in its Freedom Savings Account have no FSCS protection, but you are covered for up to €100,000 by the French equivalent (FGDR) It requires a £100 deposit.