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ISA clarification
Happy New Year! I hope you're all doing well. I would appreciate some guidance regarding my ISA contributions for the upcoming financial year. I am a higher-rate taxpayer with an annual income slightly above £60k. Currently, I have £21k in a Marcus bank account and £16k in a Lifetime ISA. To avoid paying interest on the…
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Isbank Meteor Savings - 6mth FR ISA 4.35% AER - Any thoughts on this bank?
Came across this ISA today but not heard of this bank before. Any feedback would be great. Thanks
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Savings & Tax Code
I've recently been advised I underpaid tax by HMRC and have entered the 40% tax threshold due to interest on savings. HMRC have updated my tax code to collect expected interest moving forward. My questions: 1) Does allowing the previous years of owed tax to be collected in my tax code (rather than making a back payment)…
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Help to buy ISA transfer
If you have a HTB ISA which already has the maximum £12k eligible for the 25% bonus and you transfer it to a Lifetime ISA, do you lose the £3k from the 25% bonus that the account would have accrued? eg, if you transfer to a LISA, would you effectively be starting afresh?
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I am confused
I feel like an idiot for asking this... I opened my first ISA earlier this year and just paid in enough that I am at my £20k allowance and Trading 212 shows up that I have £20,230 including the interest. My question is if I transfer the £20k in 212 to another ISA after 6 April to get a better rate does this mean it is…
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HL Active Savings Cash ISA
Does anyone have any experience with Hargreaves Lansdowne savings platform for fixed term cash ISAs? Specifically, a) how long do you have to fund accounts once opened?; b) you don't appear to be able to transfer in from other cash ISAs to them but I presume you can transfer cash to their S&S and then move it to a cash…
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ISA Transfers: Backdating interest to date of cheque no longer common practice?
I recently transferred an ISA into Nationwide. It was from a maturing fixed term ISA, so it seems to fall outside of their more generous policy of paying interest from the date of the application. There is some industry best practice to pay from the date of the cheque, although this might be outdated as it is from 2013:…
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Transfer Out Plum ISA
Has anybody successfully transferred out a Cash ISA from Plum? I initially opened an ISA with Cynergy Bank but as part of the account opening, Plum (Plum Fintech Ltd (Saveable Limited - FCA: 739214)), wasn't listed. I contacted Cynergy once the account was open, only to be told they only accept transfers from institutions…
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Want to transfer out of my Trading 212 cash isa
I tried to transfer out of my T212 cash isa to a fixed NatWest account. I put in the roll number box section my Customer Id from 212. Got a message from NatWest to say contact them. Turns out I provided the incorrect number so I gave them cash isa account Id instead. I have set up a Tembo fixed 4.3% just incase. However I…
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Worried about stocks and shares ISA
I understand nobody can say what will happen but I'm a little worried about investing in stocks and shares. It seems with the announcement from the government reducing the amount of cash I can invest in a cash ISA, I'm sort of forced to use stocks and shares. But if the worst happens, I'll loose money, right? I have some…
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Kroo flexible ISA transfer to Skipton
The transfer of a KROO ISA to Skipton needs to be done on paper, no electronic transfer. The form requests the ISA account number, but KROO ISAs do not have an account number but rather an 18 alpha-numeric reference, which I got from KROO. Anyone know what is put in the form to transfer the ISA. The Kroo sort code and the…
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eToro Cash ISA - QMMF - is it covered by the FSCS or not?
I know money held in QMMFs usually isn't covered, but on the website they straight up claim "Know your funds are safeYour funds are held in segregated accounts with MFM Investment Ltd, which is covered by the Financial Services Compensation Scheme (FSCS) with protection of up to £85,000." and "Where is my money held? As an…
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Junior ISA questions?
Have a junior ISA running for our daughter with NS & I . Value 18k . With current discussions on stocks and shares ISAs would it be advantageous for us to move this to a Junior Stocks and shares ISA pre maturing.
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Flexible, non flexible Isa rules
Hi as its possible to take funds from a non flexible Isa which was previously a flexible Isa with a different provider, is there downsides to going this route as I currently am wanting to transfer from a low paying flexible Isa to a non flexible however even though AI says its possible to just transfer back a year or…
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S&S ISA - Advised to move from cash ISA
I have a sum of money inherited that is in fiexed cash ISAs. My financial advisor has suggested that I have more than enough cash for emergencies and that I can get a better return on my money if it is invested in an S&S ISA - in this case Fundment. I am aware that anything stockmarket related can enjoy considerable gains,…
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Moving cash out of a flexible S&S ISA
I have recently had a share save scheme mature. I moved £20k of the shares to a flexible S & S ISA and then sold them to allow me to move more across, on the understanding this would protect me from paying captal gains tax. In terms of the cash i have withdrawn, am i allowed to put £20k into my existing cash ISA to keep it…
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KROO Cash ISA
Just had this from KROO Flexible Cash ISA 'From 1 January 2026 the interest rate on your Flexible Cash ISA will also change from 3.80% AER / 3.74% Gross (variable) to 2.75% AER / 2.72% Gross (variable).' That's some drop!! Time to move it elsewhere
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Flexible ISA question
Question about ISA flexibility: I understand how flexible ISAs work but I'm unsure about what happens when you do transfers to and from flexible ISAs. I opened a Monument Flexible ISA this year with contributions from this tax year. I then did an ISA transfer from Monument to a Kent Reliance ISA which is Non-Flexible when…
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Can't open a second Cynergy fixed rate ISA, even for previous tax year subscriptions
I'd like to open a Cynergy fixed rate cash ISA and arrange an internal transfer from my existing Cynergy Online (easy access) ISA into it but it appears that I'm not able to open one, either via the Fast-track route when logged in to online banking or as an existing customer applying via the website. As there are options…
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Stocks and Shares ISA
I have no idea where to start with this. Although I am reading through the guides now, I have no idea where to invest my money. This money amounts to £1000 a year, of which gets paid in monthly. Can I pay this direct into the ISA account or does it have to get paid to the intermediary account and I have to manually put it…
