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We want to hear about your Lifetime ISA (LISA) experiences
Are you planning to use your Lifetime ISA (LISA) towards your first home? Have you used one already, or tried to? We’d like to hear about your experience.Got a second-hand story about a friend or relative using a LISA? We'd love to hear that too. Or better yet, ask them to register for a Forum account and post about it…
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ISAs & Tax-free Savings Sticky
💷 Forum threads on this topic which you may find useful: * Tax Free Savings Guide Discussion Area * Lifetime ISA Discussion Area * Help to Buy ISA Discussion Area * Stocks & Shares ISAs Discussion Area * Cash ISAs: The Best Currently Available List * Transfer Cash ISAs Discussion Area 💰Helpful content from…
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Cash ISAs: The Best Currently Available List
Cash ISAs: The Best Currently Available List **Please note: The list of ISAs I have compiled below is continually updated. New ISAs are added as they launch and withdrawn ISAs will be removed from the list. ** The current Cash ISA limit is £20,000 for the 2024/25 tax year. **As with any financial product, before opening an…
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Plum...Is it just me ?
Eventually got round to setting up a cash ISA as I realised I was going to end up paying a fair bit of tax on one of my savings accounts which was bringing in over £100 a month in interest. Plum seemed the obvious choice but I just can't believe what a guddle it turned out to be. You have to link a current account etc…
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Im 23 - i have 40K in savings - what do i do?
Hey, keeping it brief, im 23 years of age, i have around £40k in savings, i own my house, my car, phone etc. what is the best thing to do that will get the most out of my money.
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Plum ISA at 5.17%
The best ISA on the MME website page at the moment is Plum at 5.17%. However I'm wondering if this is really a good idea - looking into the description on the web site, the actual ongoing rate you get paid is 4.29%. Then there is a bonus of 0.88% that you get paid after one year. However, it says that the interest rates…
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PLUM Shady Practices
I am new here and stumbled upon PLUM via the MSE ISA report citing Plum as the highest interest rate provider currently. I took the plunge although the app is somewhat confusing and asking staff questions via the app proved a minefield on its own. I seemed to have figured it out in the end and then took the plunge and…
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Fund Suggestions for Junior ISA
Hi Everyone, Planning to open Junior ISA for son aged 13 with HL. Any suggestions on how to distribute £9k in few funds HSBC GIF Turkey Equity Class BC - Accumulation (GBP) Jupiter India Class X - Accumulation (GBP) Baillie Gifford American Class B - Accumulation (GBP) One from these two HSBC FTSE All World Index Class C -…
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Combining ISAs
Hi all, I'm after a little advice. I've currently got a few fixed term ISAs that are due to mature over the next 18 months and I'd like to combine them into one to make management easier. Am I correct in thinking that the way to do this is to sign up for an easy access ISA for this year's allocation then as and when they…
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'Nude' LISA changed to 'Tembo' with 4.3% rate!
Just saw my app had updated with this info. Really pleased! https://www.getnude.com/
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ISA virgin....(Not R.Branson, just a newbie)
Are cash ISA interest payments tax free? Are any "easy access"? Is interest paid monthly? is 5% achievable? TIA
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Plum Interest rate
Hi im wondering if anyone has had experience with Plum and transfering an exsisting Isa ? Ive just had my exsisting ISA from Santander to Plum made today £20000 , apparently with plum the rate from exsisting isas that are transfered in goes down to 4.29 % from the 5.17% Im just trying to figure out if i was to then add new…
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S & S ISA, rules, tax and things
If I have a S&S ISA and grow the value by buying and selling, I don't pay CGT or tax on dividends, ok. Is there a limit on how far the ISA can grow? Suppose I just want to sell the shares and hold the money there as cash? Does that make any difference? If say the original 20k becomes 40k, can I transfer 20k to "somewhere…
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Help to Buy ISA maximum property value
Hi everyone, Me and my partner are looking to buy a house outside of London, in the South east of England, this year. I have been saving up in a Help to buy ISA for a few years now in the hopes to claim the government bonus on this to use towards the deposit, however it is only recently that I discovered you can only claim…
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Trading 212 easy access ISA 5.2% APY and 1% cashback. Too good to be true?
Hi all, This sounds just too good to be true and I wonder if I have missed anything or if this is just an account that beats all the other market offers at the moment? I am a bit confused... Trading 212 offers an ISA and offers 1% cashback (not counting towards an ISA allowance). The cashback is paid within 3 business days…
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ISA and regular savings account question
Hi. I have 55k savings into a 5% savings easy access account and I also transferred my isa savings into a fixed yearly interest account in March. I have 25000 in there and it also pays 5%. My question is do I need to transfer 20000 from my savings account to the ISA now to get the full tax free interest in that account or…
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Newcastle Single Access ISA - 5%
Is it any good ? Wife fancies opening an account. I notice that the application form doesn't allow one to both transfer in and add new money......it's one or the other, can't tick both boxes. Seems rather strange. I guess they are only structured to do one thing at a time !
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Can you invest own 2 ISA's while transfer is being completed?
Good morning. I am with AJ Bell and have already used up over half of my ISA allowance for this year but wish to transfer my holding to Hargreaves Lansdown in order to invest in a company that is not available on AJ Bell. I was wondering once I start the ISA transfer could I invest in this new company with Hargreaves…
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Flexi cash to S&S Isa
Looking for advice on whether this is possible. I have £20k to invest now in this years ISA and was going to invest a lump sum now. Over the rest of the tax year I want to use this ISA to drip feed into a S&S ISA. Is this possible? From what I’ve explored it looks like most cash Isas need a linked account and that is the…
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Isa’s gone over the fscs limit…can i split it on reinvestment
Good evening I have had isas over years and years. A few years ago i transferred them into one isa that was paying a good rate.. The only issue is its coming up for maturity but is over the fscs limit. I would like to transfer it again into another isa, but dont want to be over the fscs limit. Would i be able to split it…
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Can you have multiple ISAs with Shawbrook?
As title, I can't see anything in their terms that says no. Reason I ask is that I was just wondering - since the ISA rules about how many you can open per year have changed - and how Shawbrook seem to allow deposits through out the term, theoretically could you open say 3 year and 5 year fixes with the minimum deposits…
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Newbie seeks ISA advice
Please forgive me if this question is a bit dumb. I hope someone here can explain the basics. I have 2 Cash ISAs maturing on 31 May, both with Coventry BS. One is an Active Loyalty Fixed Isa and the other is just a Fixed ISA. Both amount to £37k in total. The nice lady on the phone told me that I could reinvest in the…