There are only a few days left to boost your savings with a top-rate before the £20,000 limit resets for another financial year - and several accounts have increased their rates to attract customers. Every year, savers can deposit up to £20,000 in Cash ISAs - across as many different ISAs as they wish, provided the total deposited doesn't exceed £20,000 - but this limit resets every financial year on April 6.
Despite widespread speculation that Chancellor was planning to reduce Cash ISA limits, potentially to as low as £4,000, the limits remain unchanged for now. This means savers can still stash away £20,000 before April 6, and then when April 6 arrives, savers can deposit another £20,000 for the following year running until April 5, 2026.
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Any potential changes to the ISA limit announced in the Autumn later this year, if any are made, won't take effect until at least April 6, 2026.
This time of year, with just days remaining until Cash ISA limits reset, is prime time for competitive Cash ISA rates as banks and building societies vie to attract customers looking to maximise their tax-free savings.
At least two Cash ISAs have seen a rise in the rates they're offering since earlier this month. Trading 212 is now offering 5.36%, including a new customer bonus, up from 4.78%, and Skipton Building Society has increased its rates to 4.35%, up from 4.25%, reports .
Both are easy access, meaning there's no penalty for withdrawals, but rates can change at any time. The top one-year fixed Cash ISAs include Cynergy Bank at 4.55% and Shawbrook Bank at 4.4%.
A one-year fix means you cannot withdraw the money for 12 months, but your rate is guaranteed for the entire year, so it cannot be reduced.
The best Cash ISAs to open right now include these for easy access:
For a one-year fix:
Financial firm Fidelity suggests savers should also consider Stocks and Shares ISAs, which tend to offer better returns than Cash ISAs over the long term.
Ed Monk, associate director at Fidelity International, has issued a timely reminder for savers: "Individual Savings Accounts (ISAs) are a great vehicle for investors, allowing contributions of up to £20,000 per year with any returns being protected from tax.
"However, on 6 April the annual ISA allowance will reset, so for those who have yet to maximise their full allowance and who can afford to make additional contributions - remember that if you don't use it, you'll lose it."
He also stressed the importance of considering long-term financial goals: "It is also important to consider your broader financial goals when planning your investments.
"Many investors are choosing to keep money in cash savings, and while cash can provide short-term security, inflation can erode its real value over time, meaning your money may not go as far in the future."
Monk further advised on the benefits of Stocks and Shares ISAs for long-term growth: "For long-term goals, Stocks and Shares ISAs offer a way to grow your wealth and preserve its purchasing power over the years.
"Understanding your long-term financial objectives and making informed decisions about how you allocate your investments can help you better achieve your financial goals."
