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what is the maths for ditching fixed and paying penalty?
have a fixed rate cash isa at 2.05% . trying to work out if to go to higher interest isa and pay the 90 day penalty. So - Is it correct that to work this out i take 90 days as a quarter of a year- so take a quarter off that interest rate which would mean if i could get a rate better than 1.5% then i should pay the penalty…
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ISA & Winter Fuel
I am perilously near the 35,000 limit for clawing back the Winter Fuel allowance through my tax code, and it is touch and go whether I breach the £35,000 figure. My wife is not particularly near it. We both have a decent holding in Cash Isa's. I was considering withdrawing some of my ISA and transferring it to hers, where…
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S&S ISA newbie
I’ve read most of the links I can find on here about s&s isa and I’m ready to set one up. I’ve got £10k spare and thinking about trading 212. Do I add the whole money or split it for £2k a month? I’ve used £10k isa allowance this year and my premium bonds are full. I am not planning of needing this £10k for at least 10…
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ISA Flexibility Rules - current and previous tax years
After readinghttps://www.moneysavingexpert.com/savings/flexible-isas/ I've interpreted it as for flexible ISAs:- If you take out money added in the current tax year you can repay it back (within the current tax year) to any ISA - If you take out money added in a previous tax year you can repay it back (within the current…
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Easy Access ISA NS&I
Good day, I opened a cash ISA with 212 in 2024. Over that period I have had the full amount in, but withdrawn and replaced amounts as I can, at the moment it is full. I have a NS & I account, but want to transfer the money from there in to a ISA so I earn interest on the money, then transfer the ISA’s back each month…
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CMC Invest cash ISA - what banks can this be transferred to?
EDIT: found in another thread that many had transferred their CMC to Shawbrook, which Chip also accepts transfers from, so will be doing that. Tried to transfer my cash ISA from CMC Invest to Chip but Chip don't accept transfers in from CMC. So I'm looking for banks that accept transfers in from CMC and that Chip can also…
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Trading 212 cash ISA - newie bonus not added
Hello Has anyone experienced this and know how to get the newie bonus applied? I found some forum comments of similar issue from back in April and tried the promo code suggested there which was 'MSE' however it's not working now and just displays an error code of 19928074. Thanks in advance everyone!
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Where to save a lump sum?
Hi everyone I’ve recently sold my house and moved to a rental to be in a better position to buy. I have a lump sum and want to know how to make the most of this without any risk. Is a fixed savings account the best way? I can’t fix really for any longer than 6 months with not knowing when we’ll find a house to buy. thanks
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Transferred ISA - free shares
If you transfer a Cash ISA for a previous year from one provider to a Stocks ISA with a different provider I understand that this will remain in the previous year's Tax Wrapper providing that the transfer is made via the new provider (transfer form etc) i.e. you do not withdraw the cash and transfer the funds yourself.…
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Maturing shawbrook isa transfer to a ford money flexible
I'm trying to clarify before I transfer my fixed rate shawbrook isa into my flexible ford money isa. I do understand the current balance in ford money is both withdrawable and replaceable up to my 20k limit this tax year. The query I have is the portion transfered from Shawbrook available to withdraw partially I understand…
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Child Trust Fund maturity and investment into senior cash ISA
My kid’s Child Trust Fund is due to mature when they reach
18 years this August. I have saved for them through out and have an excess of
£20000. On maturity, I want to save this ( they will operate) to a Cash ISA
with high interest. I got in touch with Kent Reliance which offers a great
interest rate for their variable…
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T212 ISA transfer in woes
Hi, ISA transfer from Fidelity to T212.. kept me waiting for 10 days without a word. Followed up and told I need to start selling holdings because some of the securities don't match and so cannot be transferred in specie.. all are non-specialist non-restricted LSE listed investment trusts and ETFs Tried to explain in great…
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Clarification needed on 90 day SAYE shares to ISA transfer.
Hi all. I am aware that on maturity of my SAYE scheme I am able to transfer some shares directly to my ISA, however cannot find any definative answer as to how the transfer value is determined. The HMRC guidance page explains that the shares must be transferred within 90 days and will count towards my annual £20K limit,…
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Proof of Purchased ISA Product (online application)
Before I get in to my issue I want to say that mistakes have been made on our side (namely, possibly not checking in enough detail when the account was opened, and missing emails because so much bumph was sent). This is the issue:- In October 2023 I, and my husband, applied for a 2 year fixed ISA on line. A product that…
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Flexible ISA Query
I have opened a flexible ISA this year for 8,000. ISA tells me I still have 12,000 available to subscribe. I withdraw 4,000. ISA is flexible and tells me I now have 16,000 available to subscribe. Can I now subscribe 16,000, in a different ISA with a different company? Or is it 4000, back in the original and only 12000…
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Is Vida Bank secure?
I've opened an ISA with Vida Bank ready to transfer in another ISA. They have sent me a letter to authorise my linked account and the instructions say to visit their website at www.vidasavings.co.uk. I have tried this on Chrome, Edge and Norton browser and all three come up with a message stating that the website is Not…
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Best way to release funds from Stocks and Shares ISA
hi there I have a stocks and shares ISA with about £400,000 in it which is doing really well (apart from Fidelity MoneyBuilder Corporate Bonds which have lost about 20% over about 30 years), I have switched from reinvesting any dividends to having them paid into my bank account. But I need to realise some money for day to…
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Flexable S&S ISA for HMRC SAYE scheme shares
I'm looking for a recommendation for a Stocks and Shares (S&S) ISA that* is a flexible ISA * allows SAYE shares to be transferred in * has low ongoing and transactional costs A relative has an upcoming Save As You Earn (SAYE) share scheme maturing in a few months. They currently have past SAYE shares in an iWeb Share…
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HSBC FTSE 100 Index Tracker
Hi, Is this a reasonably simple thing to set up? I’m looking for long term lowish risk investment. I can’t actually find much about it on their website which doesn’t seem to bode well. Thanks in advance
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isa question on upcoming budget .
I know we are guessing but i will ask anyway . With the rumours isa tax free allowance is to be cut by half will this apply to new isa savings only . I have 40k in a 3 year fix which ends in may 2026 and another 60k in a 3 year fix ending april 2027 . All being well i would like to transfer to new isa accounts after these…
