Average Isa rates have started rising from their record low levels despite the Bank of England not yet increasing interest rates.
All Isa rates are still below their pre-pandemic levels - any many are below their 2020 levels - but all have risen over the past month as speculation continues that interest rates will shortly rise.
The average easy access Isa rate is now at 0.26 per cent - up from 0.25 per cent in October but down on 0.87 per cent in November 2019 and 0.31 per cent in November 2020.
Meanwhile the average notice Isa rate is now at 0.37 per cent - up from 0.31 per cent in October but down on 1.15 per cent in November 2019 and 0.54 per cent in November 2020.
Rachel Springall, finance expert at Moneyfacts, said: "Savers may well have been disappointed that the Bank of England did not increase interest rates this month, but regardless, the savings market has been moving in a positive direction.
"One area of the savings arena to make a comeback from record low rates has been cash Isas, as with the notice Isa rate rising month-on-month, no longer is there an average savings rate resting at a record low. There does however remain a difference between the top fixed Isa and non-Isa rates so savers will need to think carefully which is the most suitable for their needs."
The average easy access non-Isa rate is 0.19 per cent. This is an increase from October, when it was 0.18 per cent but is down from 0.62 per cent in November 2019.
Many mortgage lenders have started to increase their record-low interest rates in anticipation of a base rate rise before Christmas.
The Bank of England has predicted inflation will reach 5 per cent in the spring, before falling back, and many have anticipated the central bank will increase rates to keep the cost of living under control.