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Cash LISA for first time buyer
Looking to open a cash LISA. Money box interest is 4.8% AER (variable) for the first year, and drops to 3.8% after this. Whereas Tembo is 4.75% AER (variable) and the website says no drop off after one year. Recently saw Martin recommend Moneybox however considering Tembo doesn’t have the drop off after year one surely…
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Move Help to buy ISA to another ISA
I am considering moving my £8k help to buy ISA to another cash ISA product the interest rate is only 2.60% with Halifax, I'm sick of the crap interest rate, yes I now i would lose out on the government bonus but would mean i can save as much as i want elsewhere. I'm over 40 so no, LISA are not relevant. Any thoughts?
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Multiple years isa
Hopefully this is a simple one (not for me though as been searching for hours and still not sure). can I have multiple years cash ISA running tax free? I’m thinking can you - Open a cash ISA today for this year and deposit 20k Then open a new one in May next year with 20k I think the answer is yes as long as I only ever…
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Work sharesave SAYE clarification
Hi everyone. I started a share plan mid covid which matures next year (25/26 tax year). Nobody , including HMRC has been unable to confirm the answer This is a 5 year plan £12,000 paid in . Current value based on today’s share price is about 32k which is good ! The gain, is therefore 20k. My theory is that at maturity I…
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Vanguard Personal Rate of Return figure
Evening forum. I don't understand Vanguard's Personal Rate of Return figure; how does that translate to an annual rate of return figure please - is there an equation?
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BARCLAYS CASH ISA CANCELLED WITHOUT MY KNOWLEDGE
I found out today that Barclays bank cancelled my Cash ISA. Shocked was an understatement. They produced a letter that was supposedly sent stating that I had to phone them before a certain date, otherwise they would close my account. this was due to not making any financial transactions. I never received said letter.…
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Trading212 - Rate reduced to 4.90% from 30/11/2024
Just noticed in the app and in small print on the website that with effect from 30/11/2024 the interest rate is being reduced from 5.17% to 4.90% AER. This applies to Cash ISA, Stocks & Shares ISA and Trading account.
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LISA 12 Month Minimum Penalty Clause?
Hi all, I am looking for some advice on how to proceed with withdrawing a LISA from AJ Bell to help with buying my first property. I opened a Help to Buy ISA in 2019 with Lloyds bank and chose to transfer these funds to a LISA with AJ Bell in July 2024 due to the greater restrictions on spending in the old Help to Buy ISA…
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Child ctf won't let anyone pay in or me as name xhanged
My oldest daughter had ctf and at the time it was opened my surname was mauden name, however as me or family may have paid in it allowed bank deposits monthly. My youngest daughter with natwest, not only wint allow me as my bank name is now different,orhers can't make a payment either, they're saying we need to fill forms…
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Opening a new cash ISA and transferring
I have a cash ISA which i have had for a number of years. I have not put my full allowance into it this year and have about 3/4 of my allowance still to use for this financial year. I want to open a cash ISA with a different provider that has a better rate of interest. The provider says you can't transfer the contents of…
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Principality BS cash ISA transfer to a Moneybox ISA
I was going to transfer my Principality cash ISA to Trading 212 cash ISA but they are not on their list of approved providers. I have decided to transfer instead to Moneybox cash ISA. Principality BS are not on their list of non approved providers but underneath they imply the list is not complete.I have message Moneybox…
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Multiple Cashback ISA's
Hi (Apologies if this has been asked) With the changes this year to be able to open multiple ISA's (as long as you don't go over the 20k contribution)....is there anything from stopping you opening up multiple ISA's, depositing and claiming the cashback (from TCB or Quidco) So I've benefited from opening a new ISA before…
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Trading 212 query
My OH opened a cash ISA with Trading 212 and whilst it was quick and easy to open, they are saying there is a discrepancy between his account name and linked bank account name (haven't explained what the discrepancy is) and is therefore unable to pay in the initial bank transferred fund and are asking for a bank statement…
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S&S isa help
Hi I’m new here and wondering if anyone can offer guidance on picking a good s&s ISA. I’ve got emergency savings and a cash isa but not near the isa limit for the year. I’d like invest a small amount to start and add to it monthly but the vanguard one I was looking at had a minimum of £100 per month and I’d prefer to…
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Buying shares through Vanguard
HI I have s&s ISA with Vanguard and with money in the LS 80% equity fund acc My question is within my ISA can I buy shares of Tesla or any other company for that matter.I can see their list of various funds and ETF's but not direct shares. Is it just not possible to do so here? I can see they have an option of opening a…
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LISA without indexing on cap
Is it sensible to advise young people to commit to a lisa where there is no indexation on the £450K house limit? Imagine saving in there for 15 years without the limit lifting. I think it's irresponsible to be tied into something that has no guarantees around it. Yes the 25% bonus is good, but limited to £1000 and when it…
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Cash ISA - transfer in - minimum funding
I have already fully subscribed to a cash ISA this year. I also have some cash ISAs from previous years that are at pretty poor rates, and I should probably do something about transferring them somewhere with better rates. Looking at the tables of such ISAs on the main website (Best cash ISAs: up to 5.17% easy access, up…
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Why can't my kids openup a savings account?
They are 16 and 18, have passports and driving licenses and bank accounts. They receive monthly incomes... We have been tryignot open them a decent interest, instant access saving account, but everywhere says that they cannot verify their identity so can't open one. Any ideas or adviceplease.
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Transfer of Nationwide Help to buy ISA to Lifetime ISA
My partner and I are both first time buyers and we hope to buy a new house in February next year. The property is £390,000 and we will be buying a 25% share. I understand that because the value of the house is above £250,000 my partner won't be able to benefit from the government bonus on the £6,000 he has in his HTB ISA.…
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Transfer or not transfer
Hi all, I think I know what the answer is going to be, but I'd like confirmation... I had some money on a fixed 1-year Cash ISA with Shawbrook. When the fixed term ended, I stupidly asked for it to be transferred to my bank account. From there, I deposited it onto my new T212 Cash ISA... T212 are counting this money as…
