skip to main content
Homepage /

​Best Cash ISA Rates for over 60s

Fixed Rate Cash ISAs

1 Year Fixed Rate Cash ISA

from Aldermore

Interest Rate (AER) 1.45%
  • Term: 1 Year

Open a 1 Year Fixed Rate Cash ISA with Aldermore Bank to get a great return. 

2 Year Fixed Rate Cash ISA

from Aldermore

Interest Rate (AER) 1.60%
  • Term: 2 Year

'Winner' – ISA Provider of the Year for the 5th year running Consumer Moneyfacts Awards 2011-15

3 Year Fixed Rate Cash ISA

from Aldermore

Interest Rate (AER) 1.70%
  • Term: 3 Years

'Winner' – ISA Provider of the Year for the 5th year running Consumer Moneyfacts Awards 2011-15

  • £1,000 minimum opening balance

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

Best Cash ISA Rates for over 60s

Some ISA providers may have a minimum age requirement in order to be eligible for the account, so you may be wondering what are the best cash ISA rates for over 60s. However it is important to remember that all residents of the UK aged over 16 can open a Cash ISA and all get the same ISA allowance, so shopping around to see what Cash ISAs different providers are offering can be a good idea.

The tables on this website can be used to compare a selection of different types of ISA from various providers and by following the more info links you can find out more.

Finding a Cash ISA

The best Cash ISA for one person is not necessarily the best cash ISA for everyone; it’s dependent on how that particular individual wishes to save and how much access they would like to maintain their savings over the ISAs course.

  • Instant Access Cash ISAs: As the name would suggest with Instant Access ISAs it’s usually possible to make unlimited, free withdrawals from the account whenever. This account may also permit the account holder to make deposits at any time as well, providing they do not exceed their overall ISA allowance. This type of account is usually offered with a variable rate of interest, which means that the account provider is able to alter the rate of interest the account receives.
  • Notice Cash ISAs: Notice accounts generally require the account holder to notify the provider in advance if they want to make a withdrawal, in return providers may offer a better rate of interest on their notice Cash ISA offerings than on their instant access Cash ISAs. The notice period offered varies by account but is usually between 30 and 120 days. Some accounts may also limit the number of withdrawals the account holder is permitted to make within a year.
  • Fixed-Rate Cash ISAs: Offer a fixed-rate of interest over the course of the ISA, so savers can work out exactly how much they stand to earn in interest over the course of the ISA. Savers are required to lock their savings in the account for a predefined period of time, usually 1, 2 3, or 5 years. Some accounts allow early withdrawals to be made but are often subject to a penalty charge for doing so.

Remember, each eligible person can only open up to one new Cash ISA each tax year, though transfers are possible. This means that shopping around providers can be wise you can try to get the most from your ISA Allowance.

Transfers

ISA providers have to allow account holders to transfer elsewhere; however, they can impose penalties or restrictions for doing so. Additionally providers do not have to allow transfers in to their ISA products.

Best ISA Ideas For Over 60s

This means if you wish to transfer you will first need to check if the account you want to move to accepts transfers in. If you are thinking of moving to secure a better interest rate then you may also want to first check, to make sure that any penalty you may incur would not cancel out the potential benefits of moving to another ISA offering a higher rate of interest. 

Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.

High Income ISAs

High income ISA ideas:

ISAs Products

Cash ISAs

Fixed Rate & Instant Access ISAs:

Cash ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

Latest News

How much can I pay into an ISA?

21st March 2019

Each tax year, there's a limit set by the government to the amount you can save and invest in ISAs: your “annual ISA allowance”. The allowances are intended to reward savers and encourage us to invest more to support our future retirements, without creating a tax haven that can be taken advantage of by very wealthy individuals who just want to avoid paying tax.

Newsletter Signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

About us

ISA.co.uk is a trading style of Fair Investment Company.

We've been comparing and recommending ISAs for many years so you can trust you're in good hands.

About us

4.91 Average

22 Reviews

Jen

I found the way the different options are presented very clear - much more useful than some other comparison sites. I sent it to my daughter as well.

Paul

Very informative, find myself a good ISA account with best return in terms of interest.

Sue

Easy to use website and up to date. Saved the link on my tablet.

Rob Holden

The website was very useful and informative.

Andrew Johnson

ISA can be confusing at first and this site includes a useful and helpful introduction into the world of ISAs

Crowd2Fund

Excellent website - clear and helpful information about different products - and a trustworthy partner.

Sue

Easy to use website and up to date. Saved the link on my tablet.

Steve

Really simple to use and all the information was clear with lots of products available. The interest calculator was really handy too. Have bookmarked and will definitely use again.

Hannah Gordon

This was a really user-friendly site, and was very helpful when it came to comparing accounts and choosing my 2016 ISA.

Sue

Easy to use website and up to date. Saved the link on my tablet.

Anonymous

If you wish to invest in an ISA this site has it all. A super comprehensive range of simply explained products from all the major companies.

Cristina Iacob

Very knowledgeble company with an extensive range of services, a great website with loads of useful information.

Anonymous

Nice graphics and easy to navigate

Dr Alan Rogan BSc PhD FCIOB FCABE Eur Ing

Good advice and professional approach

Razvan

Very helpful for getting my annual ISA

Jonny Doulton

Clear, concise and very professional outfit with an excellent choice of market leading deals.

Paul Tissington

ISA.co.uk not only helped narrow down my choices for a Junior ISA but also provided additional practical information that helped demystify the whole process.

Sunil Karadia

Just the site I needed, I have been looking for a suitable ISA for a while, but as there are so many to choose from, find it difficult to find the right one for me.

James Weatheritt

I found the information on ISA.co.uk very helpful and easy to understand. The site is easy to navigate and find what you're looking for.

Lisa Holden

I found ISA.co.uk very insightful and easy to navigate through. The content was useful and helped me make my ISA decision.

Neta Pourhosseini

I thought the information provided was easy to understand and very informative, I would recommend to friends for deffinite.

Robert Murray

Great selection of Isa products, useful information and a very user friendly site