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Does re-investing back into another Fixed ISA count towards your annual 20,000 allowance?
Hi all, So my partner has a fixed ISA coming to an end at the end of May 2025. The bank has written to her and the 1st option is to just re-invest and fix it for another year and this is what she would like to do. However, she has already added 4000 into a Lifetime ISA with another bank - last month. So where does they…
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Outstanding ISA interest paid to new ISA (both Nationwide)?
I've been helping my Dad with his Cash ISA. He had an existing Cash ISA with Nationwide that Matures on 4th May 2025. It was a Triple Access version which allowed up to 3 withdrawals per year including account closure. So we decided to open a new Cash ISA (still with Nationwide) with the same rate and transferred the…
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ISA's stripped of flexible status
Good afternoon, looking at Martin's email yesterday saw Santander as a top ISA from a big name brand however in the t&c it mentions if a flexible ISA is transferred it will lose that possibility, can one transfer it back to say after a year, a flexible ISA with a different provider or is that wrapper status lost for good?
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Help to buy ISA & Lifetime ISA
My daughter is in the process of buying her first house, she started a H2B ISA a few years ago and has £8800 in it, not including any bonus, she also started a Lifetime ISA and has maxed that last year and this current year, therefore has £8000 + the £2000 bonus in that one. Not realising that you can’t get the bonus on…
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Can I change Cash ISA into Stocks & Shares ISA?
Hello I have two ISAs; Cash ISA and Stocks & Shares ISA. I opened Cash ISA in 2024 financial year and also opened Stocks & Shares ISA in 2025 financial year. Can I change the Cash ISA into a completely new Stocks & Shares ISA w/o sacrificing my tax free amount for 2025 financial year? Thanks.
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Starter rate for savings - what types of interest qualify?
Clearly bank interest qualifies but do the following also qualify as interest for the starter rate for savings? - Gilt coupons - Dividends on money market funds / ETFs - Dividends on gilt funds - Accumulation distributions on the above Anything else ?
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Moneybox ISA annual interest
Hi, Moneybox ISA is paid annually. But does it compound daily still? MSE doesn't say and neither does the Moneybox website. There's an example calculation on Moneybox which seems to suggest it DOES NOT compound daily. If so, that is worth MSE pointing out as it could be worth quite alot of missed interest.
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Stocks and Shares ISA current climate
Hello, I am not wealthy, however was left 20k which I put in a stocks and shares ISA via HSBC. I've lost about £600 which is so disappointing. I appreciate there are risks, but that's a huge % for me. Should I leave it there or take it out? My goal was to keep it saved for 5 years and then update my car and do some home…
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Merged Cash ISA question
If I have a flexible cash ISA with 2024/25 subscriptions in and 2025/26 subscriptions in, can I transfer £10,000 to another ISA and call it last years subscription? or has the rule keeping the current years subscription together now gone? tia sx
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Transfer question
I have several isa’s. One is being transferred. Can i still put money in my other one.haven’t put any new money in either this tax year. also probably a dumb question but if I want to withdraw some of the money from the transferred one, that doesn’t affect the allowance either?
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Plum Cash isa
Warning to anyone initiating a fund transfer to another provider on maturity. Plums T&C’s require you to keep the account open until the end of the following month after maturity. If not, month 12 interest & final bonus will be forfeited.
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Can I use flexible and non-flexible ISAs in this way to maximise allowance?
Hi, hoping someone can help verify my thinking over making the most of my allowance between my flexible (T212) and non-flexible ISAs. I had £40k in T212 and whilst I like the flexibility, the rate is dropping. No deposits made yet this year. I want to lock £10k into Santander 1yr 4.25% + £50 card (effective rate 4.75%) but…
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Yorkshire Building Society online - given up!
I have found trying to proceed with opening a Cash ISA with YBS online so frustrating that I have chosen NOT to proceed in the end. Both when opening the account and then attempting to transfer funds in to the account the online forms disappeared mid-process from the screen on a number of occasions. I was left having to…
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Trading212 - I wouldn't bother
Just, finally, managed to open a Trading 212 Cash ISA account, what a palava. Mainly in pursuit of their .72% bonus for new customers opening an account through the MSE link. Took ages, taking photographs of self and ID docs etc. Eventually got the account opened, despite being sidetracked to open Stocks/shares ISA, only…
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Cash ISA query
Am I allowed to do the following within 1 tax year : Open an easy access cash isa and deposit 20k. After a few months I withdraw the whole amount to my bank account. After a few more months I open a fixed term cash isa with a different provider and deposit 20k. Therefore I have made 40k in deposits within the tax year, but…
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Multiple ISA's & the rules
I hope you can advise because I'm finding this really confusing. Am I able to pay into a cash ISA (maxed out), a stocks & shares ISA & a help to buy ISA in a single tax year? What if I've done it? The s&s ISA & the H2B ISA are paid by DD. Please can you advise. Many thanks for your time.
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ISA
I have saved my house deposit in an ISA and accrued interest last 3 years. When I take it out for the purchase of a house will I be liable for tax. I'm aware the interest gained is tax free but I'm getting confused as it will be taken out and I'm reading that it will loose it's ISA status ....TIA
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Shepherds Friendly £100pm and ISA allowance
I've only ever owned nationalisation shares, and I'm now dipping my toe into the world of managed stocks and shares funds. Being a cautious investor I thought I would start off with a £100 pm ISA with the 199 year old Shepherds Friendly Society. I realise my investment might have lost value a year from now but there is a…
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Trading 212 cash ISA
Shows (early May 2025) as a good rate with a 12 month bonus. After clicking through to their website from MSE was prompted to download their app and completed registration. Moved my existing cash ISA across successfully only then to see that the 12 month bonus had not been applied. Queried with customer service only to be…
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Martins trick
I was reading Martin's info regards Flexible cash ISAs and at the end there is a suggestion to beat the system, or rather play the system, of withdrawing your cash, placing into a high interest, non ISA then paying it back into a cash ISA before the end of the tax year. Can someone please explain a little more. I was under…
