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Transferring Fixed Cash ISA and Paying Penalty
I'm 70 days into a 1 yr fixed cash ISA earning 2.56%. The same bank are currently offering a 1yr fixed earning 3.59%. I'm considering transferring to the new ISA and paying the penalty of 90 days (tax-free) interest. However, I'm really struggling to do the maths to work out if it's a wise thing to do. One of the things…
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H2B vs Cash ISA
Hello, I've been paying into a H2B ISA for around 3-4 years with Nationwide I realistically don't believe I will get the benefit of it now given the current house prices & the criteria for redemption I have thought about opening a cash ISA with Virgin Money with a higher interest rate - however not sure if this is possible…
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Flexible Cash ISA and S&S ISA rules
As someone who has never used cash ISAs it's not something I've really considered before but now rates are creeping up it's looking worth investigating. The rules appear to be that with a flexible ISA you can have whatever money in and out of the account over the year up to the £20k annual limit but it's only what is in…
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Evraz Shares and Computershare
So apologies for my 2nd post in a day. I have a chunk of Evraz shares in my Interactive Stocks and Shares ISA Evraz have been sanctioned in the UK because of links with Russia. They do have a value in my account, but I'm unable to trade/sell/buy etc. I'm wanting to close my II account, and as they can't be sold, it looks…
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Multiple Lifetime ISAs First Time Buyer
I hold two Lifetime ISAs, one cash and one shares, taken out for different tax years. I am buying my first home and need to use both LISAs towards the deposit. However, I have been told by the conveyancer that I will have to repay the bonus on one of the LISAs if I use both, losing several thousand pounds. Is this correct?
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It shouldn't be this difficult - should it?
Back in October (13th) I applied, by post, (no option as couldn't get on-line option to work for some reason) to open an ISA with Bank B to be funded with whole balance of previous years cash ISA funds held at Bank A. Bank A closed the account and transferred funds on 16th November. Funds still haven't appeared in Bank B's…
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Transfer Help to buy ISA to LISA?
Hi, my son has a Help to buy ISA and hopes to buy in about 3 years. He is able to save more than £2400 a year (the max you can put into Help to buy). Should he transfer his money to a LISA and increase his monthly saving or put his extra savings into a LISA and keep the Help to buy ISA. What would be the benefit of doing…
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Latest ISA posts not displaying on main Savings & Investments board
Whenever I access the main 'Savings & Investments' forum at https://forums.moneysavingexpert.com/categories/savings-investments I very rarely see any need to visit this 'ISA & tax free savings sub forum', as the most recent post is usually a week or more ago. For example, today the main forum shows the latest ISA post as…
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ubl bank isa
hi just wondering if anyone recommends this bank or if anyone has had issues or concerns
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cash ISA transfer as an expat
My daughter has a cash ISA account before leaving UK to work abroad a year ago. She would like to move her cash ISA saving to another provider. However, most of the high street banks required her to be a UK resident for opening a cash ISA account even they accept ISA transfer. The HMRC website clearly stated that expats…
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Coventry BS ISA Problems
I am trying to transfer a cash ISA from Yorkshire BS (YBS) into a recently-opened Coventry Limited Access ISA. Coventry wrote to me saying that YBS could not identify my account with them. As instructed, I then secure-mailed YBS, who denied that Coventry had even requested a transfer.I've been trying for over a week to…
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santander isa e reward £50 voucher
Having issues trying to get Aldi reward. I try to fill in the choice option but there is no choice to put in an email address the screen just goes blank. Any one else having difficulty? thanks
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Moving a Flexible pot between providers
Currently thinking there are two ways to do this. Let's say there is flexi ISA provider A, flexi ISA provider B and bank C. None of this year's allowance has been used and it's cash ISA's. Using an arbitrary figure, £50k can be repaid this tax year into provider A. I would like to move this flexible facility to provider B.…
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Lifetime Isa
My husband currently has a lifetime Isa with moneybox. We are waiting for our mortgage offer at the minute for a newbuild that won’t be ready until mid January. Are we able to put more money into the Isa to get our full bonus for this year? Would it be in on time. How do we go about getting the money to the solicitor then?…
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Transfer communications
Have other Forumites found bank communications on ISA transfers to be very generic and not application to them? After doing a partial transfer (which I believe both providers allow) I received a notification text from old provider saying account would be closed once transfer is complete. But logging into that account, I…
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ISA question
Hi, I decided to move some money about that I inherited, as it was sitting in an account that was basically no interest.I also had an existing ISA with TSB with £40,000 in, this is a few years old and now only gives about 0.60%After looking around, I decided to open a 2 year fixed ISA with Kent Reliance, which gives 4.4%…
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Help to Buy Isa and other Cash Isa's
Hi Folks! I've had my Help to Buy Isa for nearly 7 years now and it's the only Isa I've ever had. I stopped saving into it around February of last year and withdrew the money in excess of the £12000 due to the low interest rate earned on the amount above that. Now I know at the time I was actively saving into the account…
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Cash Isa
I am looking for a easy access Cash Isa. I see that some say flexible, and others do not. Am i correct in thinking when it says flexible, i am able to withdraw money, and also put money back in. Whereas non flexible will not allow me to do this. Equally if i was to open one Now. Would i be able to deposit £20000 either…
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Accidentally Contributed £20001 to ISAs this year
I placed £2800 into a Vanguard S&S ISA earlier in this tax year I sent a test payment of £1 into a Virgin 2 yr fix cash ISA a couple of days ago. Without thinking I have just transferred £17200 into the Virgin ISA What are the implications of this? Do I need to do anything / tell anyone if its only £1? Thanks
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Tax advice on BIK and WISA
Hi, I’ve just recently started employment with a new employer, as part of that I get a £500 allowance to spend on a range of things. I chose a technology benefit basically through salary sacrifice and bought myself a new phone which they subsidise the cost of by £500 however my salary is reduced by £1000 (for example…
