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Putting £4k into a LISA now….bonus?
Hi there, if my daughter (18) opens a brand new LISA now (1st April), will she get the bonus for this year and then be able to put £4k in again next month? Hopefully this is a stupid question. But I feel like I’ve seen something to say there is a delay in the bonus being added. thank you.
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Alternative to CASH ISA
I hope this is the right board - please feel free to move it. I have 1 year cash in a current account and will also keep £20K back for 2025/26 cash ISA (open to other options). All the rest of my spending / expenses are in my fixed cash ISAs (4.5%) which will be ending from April 2025. I am thinking of whether there are…
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LISA bonus - mitigating 25% bonus charge when house purchase process is inefficient
Hello, Newbie here seeking some advice of what to do if the expected first time buyer house completion process hasn't followed the intended path to enable the use of the LISA. Background: My son opened his stocks and shares LISA six years ago with the sole intention of using it for his first home purchase. His completion…
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ISA intrest takes me to over 20k
I've just had an isa mature with 20k plus intrest. I've transfered the 20k to a new ISA and had planned to withdraw the intrest and invest it in a new ISA in the new financial year, as I thought that transferring the whole amount would be against the ISA rules as it would have been over 20k. Could I have transferred the…
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Stocks and shares ISA
Any advise on where I can open 2 stocks and shares ISAS in the same company please? I want to do some investing for my children (so I can decide when to give them it later in life) and I like to be able to keep things together if possible. So ideally I'd like to open 2 S & S ISA in the same company. Thanks
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Savings account for 17 year old - struggling to find an option!
Hello, our son is in the fortunate position of having been left a chunk of money by my Dad. The money has been in a savings account that will mature when he turns 17 next month. I'm struggling to find a good option for a savings account as any that I've come across you have to be 18 to open them. He already has a Coventry…
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Cash ISA accepting faster payments
Can someone recommend a Cash ISA with a sort code and account number that accepts faster payments? I know that most savings accounts need to have a linked current account to transfer money in and out. This is what I would like to avoid as I have read it takes the funds longer to hit your current account (even when there is…
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New ISA and ISA Transfer in same tax year?
Is it possible to open a brand new ISA with £20k and also transfer an existing ISA to a new provider (paying no new money in) in the same tax year? I'm assuming that transferring an ISA doesn't count towards the 20k limit per tax year as its money that's already been paid in a previously? Many thanks!
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Post Office or Bank of Ireland UK
With both offering the same ISA product, are there any advantages of using one over the other?
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You Can't Open A Stocks & Shares ISA If You Don't Have A Job
I applied to Trading 212 to open a stocks & shares ISA, but they rejected my application because I don't have a job, I am disabled and recieve a disability benefit! I informed them that, although I didn't work, I am a house wife and have a small diability benefit. I told them that my husband did work, he has a managment…
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Lifetime ISA Deposit Withdrawal
I have recently had a nightmare trying to withdraw my Lifetime ISA money to put towards my property as a 1st time buyer. I had not realised the time it takes to withdraw the money and my solicitor had also forgotten that I was using a Lifetime ISA to put towards my deposit. As a result, I completed my property purchase…
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What are the draw backs for the Skipton 18m Fixed ISA at 4.25% + Free £50 John Lewis gift card ?
Hi I need to find a home for my maturing Virgin ISA. I wanted to keep my finances as simple as possible. I already have an account with Skipton so was looking at the 18 month Fixed Rate @ 4.25% + Free £50 John Lewis gift card. I was only prepared to move across £10,000 to qualify for the gift card. Can someone help with…
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ISA 2024/25 and ISA 2025/26
On this Saturday 5th April, can I open a ISA 5 year fixed rate account, and max out the allowance. Then on Sunday 6th April, max out the allowance again in the same account? Note from opening account on Saturday 5th April, there is a 5 working days only to receive any credits to the account. As I am not breaking any ISA…
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2024/25 ISA
Hello I am looking to move a flexible 2024/25 ISA to a flexible 2025/26 ISA because I will not be using all my allowance for the coming year and the new ISA has a better interest rate. Would there be any problem with just withdrawing the funds and paying into new ISA rather than the agro of doing the usual transfer.
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Wondering about initial funding of possible new Halifax 1 Year fixed Cash ISA.
I have a fixed savings account (not with Halifax) which is not an ISA, and it matures on 26 April. Withdrawals are not allowed until it matures. I hope to put the proceeds into a new fixed ISA for the year 2025 to 2026. I did telephone Halifax to ask but I don't think I was good enough at explaining what I meant and it…
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Transfer money from cash ISA to LISA
Hello, I am wondering if I am able to transfer £4000 from my cash isa with Moneybox to my LISA with Moneybox before the end of the financial year without this counting towards my £20,000 annual ISA allowance or whether this will count towards this still?
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Flexible ISA query
I am looking to open a Chip ISA paying 5.37% (including a 3 month bonus) for the 25/26 tax year. I intend to deposit the funds on 6th April (can't do it before as I'm already maxed out for this year). I would then like to make the usual test deposit/withdrawal of a small amount to see how quickly money can be withdrawn and…
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Are there any 3 or 5 year fixed rate cash isas that allow you to put in new money each new tax year?
I've been looking at the possibility of opening either a 3 or 5 year fixed rate cash and wondered whether it's possible to have an account where if finances permit, I could pay in my annual allownance each April to take advantage of the fixed rate (not transferring in). All the providers I've looked at seem to restrict…
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Does withdrawn money have to go be repaid in to the same ISA?
Hi - I've looked on all the bank websites and Isa T&Cs but it still isn't clear to me. At the end of April last year, I put £17500 into a flexible fixed rate ISA with Provider A. I then started an Instant cash isa with my main bank - Provider B - and transferred £200 a month to that from my current account as I knew I…
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CAN I OPEN ANOTHER CASH ISA
Hi, I've got a cash ISA maxed out for this year 2024/25 and I plan on opening another on 5th April this year (or just after thereabouts) Can I open one now instead but not put any money in it until after 5th April to get todays interest rates or do I have to wait until after 5th April to open it?
