Recently had this email.
[On 1st May 2020], OakNorth (the bank that provides your Savings Pot) will be reducing the interest rate on your Easy Access ISA Savings Pot to 0.35% AER/Gross.
They’re doing this because the Bank of England reduced their base rate in response to the coronavirus outbreak, and that affects the interest rate they’re able to offer you.
An option is to move to the pot 0.93% AER/Gross, powered by Investec Bank.
Should we expect Investec to reduce their rate of interest in line with other banks? Is it worth moving the money having just entered a new ISA year for 2020/21