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Best ISA's for opening as POA?
Any recent positive experiences out there of opening Cash ISA's as Power of Attorney to invest on behalf of Donor? I went through the proces about a year ago and it was quite painful. Some of the companies offering the best rates, usually online or app based, did not entertain POA accounts and others had long-winded…
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Mortgage savings account
Hello all, So I’ve recently had my 1 year fixed term ISA come to an end for my mortgage savings accounts. The interest in that has now dropped to 1.14% this month. It has 12k in it. I am unsure now what to do with this now, Lloyds are offering me 4% on another 1 year fixed term but I know I can get a better offer somewhere…
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Can you open more than 1 cash ISA in the same tax year?
In Feb 2024, I transferred full amount from an instant cash isa into a new 1 year fixed cash isa. In April 2024 (so in a new financial year), I open a new instant cash isa. So far so good (i hope). This month (Feb 2025) my 1 year fixed isa that I transferred into last Feb matured, and was automatically transferred into a…
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Don't quite max out your ISA?
I'm regretting maxing out my ISA allowance this year with a non-flexible account because it's preventing me opening and funding better deals which have become available. In future I'm planning to leave a few £ spare so I can open better accounts then add more funds when the new financial year starts. Does this make sense?
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Funds what to do
I have around 30 funds in S&S ISA on the Aegon platform. I was going to start DIY, either by asking the new platform to sell my funds and transfer them out as CASH ISA (so to reduce the fund management fees while I think what I funds to invest in) or transfer all to the new platform then decide what to do. I think if I…
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ISA?
Right so I understand ISA allowance is 20k per person per year but what I don’t understand is about subsequent years. is isa 1 (say 2025) still tax free ongoing in subsequent years if you then have isa2 in 2026, and so on?
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Lifetime ISA questions
Hi I have a few questions regarding a L-ISA and if it is worth me taking one out. I’m 39 this year - further info below; Currently max out ISA Have significant savings in high interest easy access accounts - £200k Contribute via business I own into a pension I would use disposable income to pay into LISA - paid via…
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ISA Interest
This may of been asked before but I'm curious. I transferred £60,000 in to a new fixed rate ISA in March 2024 I then added my annual allowance of £20,000 on 10th April, This ISA will mature on 19th March, does the interest count towards my annual allowance as this will take me over the £20,000 limit or can I just leave it…
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S&S ISA transfer HL to Iweb - cash left behind
I filled in the transfer form on Iweb and as far as I can recall didn't select anything other than transfer everything, current year, previous years. Stupidly I didn't screenshot the form as I assumed it would be saved somewhere, but apparently that's not the case. So the transfer went through, but the cash balance remains…
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Can I simply withdraw from my Cash ISA and deposit the money into my Stocks & Shares ISA?
I have a Trading 212 cash ISA with £18,000. I also have a Vanguard stocks and shares ISA with £2,000. Both in the current tax year. They both style themselves as flexible ISAs. If I withdraw from one, the ISA allowances increases accordingly. I think I have too much in cash, as I don't need it for anything urgent. Any…
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Process of transferring from S&S ISA to cash ISA
As the title says, I am going to transfer my holdings from an S&S ISA to a cash one. I understand from the literature that this can take up to a month. My question is about whether I should convert my S&S into cash (within the ISA wrapper) first or whether this is best done at some later point in the process (with this…
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Junior ISA Rules Clarification needed.
Hi I have a junior ISA for my child with a company called Orbis since 2018. I haven't contributed to this JISA for a number. I want to open another JISA with a different provider (HL) this year for new contributions. Both are/will be S/S JISA's. Is this allowed? or would I need to transfer my JISA from Orbis to HL before…
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ISA advice - Money market funds.
Hi Forum, Having successfully transferred my Royal London ISA to Vanguard's FTSE Global All Cap (Accumulation) fund, I have about circa 200K in that fund now. However in 3 to 4 years time I will need to withdraw about £10,000 for a family matter. My question is, whether I should withdraw this amount from the All Cap at…
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Is there a way to find out if I have already taken out an ISA this tax year using my allowance
I appreciate this may sound like a daft question but I can't honestly remember if I took out an ISA this year or simply moved across previous years ISAs onto better rates with different providers. Is there any easy way of identifying whether I have used my allowance this year (maybe via national insurance number?). If not…
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Trading212 Cash ISA Transfer Out - My Experience
Hi All, After reading through many threads on the difficulty of transferring
out Cash ISAs from Trading212.com, I thought it would be good to share my
experience with you all. I have a Cash ISA account with Trading212, which consists
of contributions from the previous tax year (2023/24) and the current tax year…
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212 cash ISA
Hello, I’m looking to put £130,000 into the 212 cash ISA for 1-3 months while I wait for my house purchase to go through. Any concerns with this company or me doing this? I’ve never heard of them before and I feel clueless! And what does it mean about the £20k threshold which I will be exceeding?
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Upgrading ISA After Maturity
I have two cash ISAs with Santander. One was opened on 25/03/2023 in the 2022/23 tax year and the other on 12/04/2023 in the 2023/24 tax year. The first matured on 25/03/2024 (2023/24) and the second on 12/04/2024 (2024/25) when they both became ISA saver accounts on lower interest rates. On the 14/04/2024 (2024/25) I…
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Virgin flexible isa
I have just opened a flexible isa with virgin paying 4.51% I also have a chase savings account which has dropped to 3.25% Am I right in thinking I should be moving my savings to the isa . I'm 99% certain I should be but there's always a nagging doubt .
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Maturing ISAs
Looking for advice from those who have experience of ISAs maturing. In March 2024, I used my full allowance, and then the same from April 2024 in the next tax year. They both mature within a month of one another and the bank has offered me an option for the first one. I wonder what advice people have about this, as I'm…
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TRANSFER PART OF PREVIOUS YEARS ALLOWANCE AND YOU MAY LOSE THE FLEXIBILITY ON PART NOT TRANSFERRED.
I hadn't realised this and initiated a part transfer of a previous years allowance to a new provider. Seeing my allowance from previous years disappear of the amount I hadn't transferred I googled it while waiting a reply from my bank and found this. Yes, if you transfer part of your previous year's ISA to a new provider,…
