Best savings account?

[mattyfez]

Yes I queried it on reddit and one of the thier reps said it was just a visual glitch.

 

[mattyfez]

One? im pretty sure there will be more than one

they seem to cut rates every 3-4 weeks

That's why I said *at least one cut*.

I suspect it might only be the one small cut of 0.25% or possibly 2 cuts of 0.25% spread out.

It's always a balancing act.. Cutting rates too much, whilst being great for mortgages and for cheaper borrowing in general also brings its own issues.

Rates only fell as low as they did after the global financial crash of 2008...but that's not 'business as usual' it was an extraordinary event.

 

[tom_e]

It feels like we go over this every time the rate meeting comes around

 

[DJMK4]

So the bank of england have reduced the interest rates again


from 4.25% to 4%, so its likely then that trading212 will lower the interest rates on isa savings from 4.10% to 3.85% ?

At this rate its going to look like people are going to start fixing their savings

 

[Troop]

So the bank of england have reduced the interest rates again


from 4.25% to 4%, so its likely then that trading212 will lower the interest rates on isa savings from 4.10% to 3.85% ?

At this rate its going to look like people are going to start fixing their savings

I usually fix my rates for two years, be quite a hit now the 6% ones are coming to an end this year, (2 this month)

 

[413x]

So the bank of england have reduced the interest rates again


from 4.25% to 4%, so its likely then that trading212 will lower the interest rates on isa savings from 4.10% to 3.85% ?

At this rate its going to look like people are going to start fixing their savings

My 3 year fix comes to an end in December.
But at these rates (sub 4pc) I'd rather gamble it on stocks.

 

[Broken Hope]

Just had an email from Trading212

Due to the Bank of England (BoE) recent interest rate cut, Trading 212’s GBP (Pound Sterling) interest rate changes as follows:
As of 08.08.2025:

• Trading 212 Cash ISA: From 4.10% to 3.85% AER (variable)

As of 15.08.2025:

• Trading 212 Stocks ISA, Invest and CFD: From 4.35% to 4.05% AER (variable)

 

[Zatoichi.uK]

Man they don't hang around with rate cuts huh.

 

[MatsyLR]

Sigh 3.85% on isa

 

[DJMK4]

What a bunch of rubbish

So much for saving for any form of reward these days

Won't be long before it's cut again and again and again

 

[mattyfez]

I got this about a week ago:

We are writing to inform you that the interest rate on your 90 Day Notice Base Rate Tracker (Issue 8) account will be reducing.

Your account’s AER currently tracks the Bank of England (BoE) base rate at a margin of 0.30% above the base rate (the AER Margin to base rate). You can see the current base rate at www.bankofengland.co.uk.

From 12/11/2025, this margin will reduce from 0.15% to -0.10% below the BoE base rate. As a reminder, the planned future changes to your account rate are set below.

Effective From ​		AER Margin to base rate​
08/05/2025​	​	0.30%​
19/09/2025​	​	0.15%​
12/11/2025​	​	-0.10%​

 

[200sols]

What a bunch of rubbish

So much for saving for any form of reward these days

Won't be long before it's cut again and again and again

'These days'

Rates are still higher than anytime from late 2008 until early 2023

 

[DJMK4]

'These days'

Rates are still higher than anytime from late 2008 until early 2023

They won't be for long

Is anyone going to fix their ISAs now if they haven't already done so ?

 

[200sols]

They won't be for long

Is anyone going to fix their ISAs now if they haven't already done so ?

Considering during that period rates are like 0.5% I think they will be above that for a long time

 

[DJMK4]

Considering during that period rates are like 0.5% I think they will be above that for a long time

What do you mean?

As of tomorrow if trading212 drop the rates..it means my savings rate is now less than my mortgage rate.. so i guess it's time to rethink my savings.stratrgy or start overpayment on mortgage which is 3.95%

 

[DJMK4]

Considering during that period rates are like 0.5% I think they will be above that for a long time

You mean ISA rates were 0.50%

? What was the point of even saving in to one with that kind of reward. I see no point unless it's somewhere just to store your money . Your not earning anything off it..hell premium bonds would probably be a better choice or stick it all on red

 

[DJMK4]

I think I'm going to look and see what happens with trading 212..and may think about a fixed rate ISA for.6 to 12 months

 

[200sols]

You mean ISA rates were 0.50%

? What was the point of even saving in to one with that kind of reward. I see no point unless it's somewhere just to store your money . Your not earning anything off it..hell premium bonds would probably be a better choice or stick it all on red

Well there was no point so those with any sense stuck it in other assets like stocks.

My point is compared to recent history rates are not low, you just need to accept over the next couple of years rates are likely going down to the 3% region.

 

[Kenai]

You mean ISA rates were 0.50%

? What was the point of even saving in to one with that kind of reward. I see no point unless it's somewhere just to store your money . Your not earning anything off it..hell premium bonds would probably be a better choice or stick it all on red

1.5% wasn't uncommon and if you look back at when savings tax allowances were introduced around 2015 (IIRC) loads of people prophesised the death of the cash ISA because it was looking so pointless.

 

[mattyfez]

I think I'm going to look and see what happens with trading 212..and may think about a fixed rate ISA for.6 to 12 months

Problem with fixed rate accounts is you'll be locked in at a crap rate...
I had ~40k in my cash ISA but i moved 20k of it out and into my S&S isa last week so now my s&s ISA is bigger than my cash ISA