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£85k FSCS cap - Risk to reward appetite!
I am currently in year 3 of a 5 year fix rate ISA deal with Shawbrook Bank where I’ve been depositing my full £20k allowance each year. I secured the 5.22% deal available at the time (in 2023/2024) which I can take advantage of each new ISA year for the fixed term period. So my question is simply about the £85k FSCS limit…
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Any tax due on a dealing account?
Im sure I read somewhere recently, that anyone who’s a higher-rate taxpayer (40%) and earns more than £500 in interest in a savings account is liable for tax under the PSA. Does this only apply to actual savings accounts? Im asking as i am currently maxing out my S&S ISA each year, and am adding to a dealing account where…
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Transfer S&S ISA to more than 1 Cash ISA
I want to get out of the risk game (I've done quite well but have always disliked the risk element.) Current value of my S&S ISA is worth a couple of FSCS covered Cash ISAs so I'm wondering if there's such a thing as a "cash isa deposit platform" or am I thinking of something that doesn't (or doesn't need to) exist?
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Stocks and shares ISA transfer live overseas
Hello everyone I’m new so please forgive me if I make any errors. My child has an old child trust fund in cash and I have a cash ISA returning a very poor rate. Is anyone aware of a stocks and shares ISA that we can transfer to? I have a stocks and share ISA I could maybe transfer mine into but can’t find anywhere for the…
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Matured Isa and cash Isa
I have a Isa with previous years subscriptions maturing shortly. I have a cash Isa with a different provider for THIS years subscription, and have used all of my 20,000 allowance. My plan was to open a new isa for the transfer in of maturing Isa with the same provider that holds it now. Reading the small print they will…
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ISA With Lifetime ISA "Inside" The Main ISA
Hi, I've read that it's possible to find a platform that offers a Lifetime ISA inside a normal ISA wrapper. If such exists I'd be grateful if someone could point me towards a provider. Alternatively if they don't exist can you let me know please. Thank you Kind regards AiY
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VIDA ISA
I opened a VIDA ISA and initiated a transfer of a past years ISA to them. Unlike ZOPA where I had done the same before and I could see the progress of my request , I cannot see anywhere on VIDA that it has in fact been requested by myself. Has anyone done a transfer to VIDA and if so how could you see the progress? Thanks
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Virgin Money ISA closue
A few years ago, I opened a VM ISA. By the time it was actually set up, the rates had changed and I decided not to move the money. The account has never had a transaction and has a £0 balance. Recently, I tried to pay into it but was told it was no longer available. So I asked for it to be closed. VM’s reply? They can’t…
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Why has T212 only sent 20000 to my new provider?
Just transferred this years contribution to Shawbrook and T212 have only sent 20k without the interest. The interest is still in my T212 account. how do I get that transferred as well? I requested a full transfer.
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Stocks & Shares ISA selling unit trusts, buying ETFs - advice please
I have recently transferred my ISA from a long standing broker to IWeb to reduce my fees, I also want to sell my current portfolio of a dozen unit trusts and purchase fewer ETFs. This will simply my portfolio. I thought I would be able to sell and buy on the same day and therefore not be exposed to potential crash in the…
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Best ISA for a new grandchild
Hi my first post as a newbie. Interested in investment for a new Grandchild via an ISA type of savings account that will be invested in long term savings. Anyone ideas on best options available for a long term investment until little one reaches the age of 18. Any advice welcome thanks
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Flexible ISA transfers
Hi. I have a flexible ISA from last year 23-24 with Paragon (double access). This year's 24-25 is with Zopa (unlimited access). What I planned to do is max out the Zopa one before April. Then in April draw most of the Paragon one out and pay towards mortgage. THEN transfer the Paragon Isa (with say £2k left in it) to the…
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Flexible cash ISAs between providers
I’ve got an ISA with Tradding 212 and it is a flexible cash ISA. i paid in (almost) £20,000 at the start of this tax year and transferred in another £60k held in previous ISAs so the total balance is around £80k. if I withdraw the £20k I put in this year and then transfer the remainder over to another cash ISA provider (to…
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Query re transfer from non flexible cash isa to stocks and shares isa
I have £20k in a tembo cash isa full allowance for the year that is non flexible. Can I withdraw monthly in order to drip feed into a new stocks and shares is with a different provider?
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Tembo ISA - Transfer/Allowance confusion
I recently opened a Tembo Easy Access ISA, made a deposit and also arranged for a transfer from a previous provider (NS&I). The transfer was worth approx £3.3k. I now see that my "used allowance" in Tembo is equal to my deposit plus £1100, and I don't understand where this £1100 usage has come from. Seems too much of a…
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Lloyds Bank ISA
My 81 year old mum does not do online banking and this won't change, she wants to manage things in a branch with some human interaction. She currently has the best part of £30k sat in her Club Lloyds current account earning pretty much no interest on most of it. She has a local branch of Lloyds and their website says you…
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Moneybox Cash ISA interest due
I just opened a Moneybox Cash ISA account and the transfer in from another Cash ISA account was completed the same day. However a day later, the 'interest due' and 'today's interest' still appears as £0. Do you know why that is? I thought they showed you interest accrued on a daily basis even if thst interest hasn't been…
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Plum ISA - confused about interest
I opened a PLUM ISA on April 07th at a preferential rate of 5.92% for three months on the advice of MSE, with a note in the diary to ditch and switch after the increased rate expired. However, I've just logged in to see how things are looking there, and have discovered that: * The interest accrued is only about £80 for two…
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If I add another £20k to my existing ISA account do I not pay tax on £40k ? Il
I am reading conflicting information about this, I am wondering if I keep adding to my existing isa will I not need to pay tax on any of this money? It seems too good to be true .!
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Rapid ISA transfer
I must admit - I'm impressed. Earlier this month I opened an ISA with Vanquis requesting a transfer from a maturing Virgin ISA. That ISA matured today and the transfer had been completed by this evening - I'm not sure when exactly. Just a bit of good news for a change.
